# Snowflake share price today (Snowflake Inc., SNOW) > Snowflake Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SNOW · Technology · Software - Application · data as of 4 November 2026. Page: https://www.sectoralpha.in/us/stocks/snow Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: $290.52 (+10.5% in a year) - Revenue (Jul 2026): $1.5 B (+35.1% on a year ago) - Profit (Jul 2026): −$192 M - Operating margin: −17.0% (+12.7 points on a year ago) - ROE: −69%, FY26 - ROIC: −15.3%, against a 11.2% cost of capital: −26.5 points Biggest thing to watch: the price has already been rising for 9 weeks, so timing is the risk more than the business. ## What is the Snowflake share price today? Snowflake Inc.'s share price was $290.52 at the close on 4 November 2026. It has been rising for 9 weeks. That is 20.8% above its average price over the last 200 trading days. In the last 52 weeks it traded between $121 and $369, and at that close it sat 68% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running. Over the last 6.1 years the share price moved +21% while the S&P 500 moved +132%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Snowflake pay? Snowflake Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Snowflake on? Snowflake is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks) ## Is Snowflake profitable? Snowflake Inc. posted a net loss of $192 M in the Jul 2026 quarter. The full FY26 year was a loss of $1.3 B. That loss is 12.4% of the quarter's revenue. The same quarter a year earlier lost $298 M. 12 of the last 12 reported quarters were loss-making. ## How much revenue does Snowflake make, and is it growing? Snowflake Inc. reported $1.5 B of revenue in the Jul 2026 quarter, +35.1% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 40.0% a year on average. The last full year, FY26, came in at $4.7 B. The last four reported quarters add to $5.4 B. FY26 revenue was $4.7 B, +29.2% on the year before. Recent pace: the last four quarters grew +31.9% on average, against 40.0% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +32.0%, against +30.2% a year over the last 8 quarters (stabilising). ## How much of every $100 of sales does Snowflake keep? Snowflake Inc.'s operating margin was −17.0% in the Jul 2026 quarter, 12.7 percentage points higher than the same quarter a year ago. Across 5 years it has been between −58.6% and −28.3%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +12.7 percentage points on the year while gross margin changed −0.5 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Snowflake's profit turning into cash? Snowflake Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY26 it brought in $1.2 B of operating cash against −$1.3 B of profit. After $102 M of spending on assets, $1.1 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Snowflake's cash go? Snowflake Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $183 M on assets over the last 3 years. Averaged over those years that is 1.3% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $183 M over the last 3 years. In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it. ## What is Snowflake's P/E ratio, and how does it compare with its own history? Snowflake Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Snowflake Inc. at 21.9× its FY26 revenue of $4.7 B. The P/E comes back here once profit turns positive. ## Is the Snowflake business getting better or worse? Snowflake Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Snowflake earn on its capital? Snowflake Inc. earned a ROE of −69% in FY26. Its return on capital used (ROIC) is 26.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −28.4% net margin and 0.51× asset turnover (sales divided by assets). Why the return is what it is (FY26): a −28.4% net margin × 0.51× asset turnover × 4.75× leverage (assets divided by equity) ≈ −68.8% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −15.3% − 11.2% = −26.5 percentage points. The 11.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Snowflake have too much debt? Snowflake Inc. has total debt of $2.8 B against shareholder equity of $2.1 B as of Jul 2026, so its debt is 1.29× its equity. Year by year, that ratio went from 0.04 in FY22 to 1.42 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Snowflake shareholding pattern? 5.4% of Snowflake Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.4 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Snowflake from balance-sheet trouble? For Snowflake Inc., the Z-score is 5.13. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 5.13 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Snowflake rank in its industry? 49.3 out of 100, rank 17 of 30 in Software - Application, with 64% of the evidence available. Snowflake Inc. scores 49.3 out of 100 against the 30 companies it is compared with in Software - Application, ranking 17. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 24.1 + 3.3 + 10 + 11.9 = 49.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Snowflake compared with? Snowflake ranks 17 of 30 Software - Application companies on the 4-Factor Sector Score, with 49.3 out of 100. 1. [PTC Inc.](https://www.sectoralpha.in/us/stocks/ptc) PTC · breaking out · Most evidence points up · 81% evidence 76.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 19.5% · Profit 100% · Operating margin change -4.6 points · 83% evidence Capital efficiency 18.9/25 · ROCE 22.7% · Operating margin 28.2% · 76% evidence Valuation 15.2/20 · P/E 10.7× · PEG 0.8 · 65% evidence Relative strength 18.1/20 · Lead over its industry 9.7% · Lead over S&P 500 19.6% · 1 year 10.8% · 100% evidence · 10 of 12 weeks ahead Exact sum: 23.8 + 18.9 + 15.2 + 18.1 = 76 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Autodesk, Inc.](https://www.sectoralpha.in/us/stocks/adsk) ADSK · breaking out · Most evidence points up · 85% evidence 72.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.0/35 · Revenue 17.9% · Profit 57.4% · Operating margin change 3.7 points · 95% evidence Capital efficiency 20.0/25 · ROCE 34.2% · Operating margin 29.2% · 76% evidence Valuation 14.2/20 · P/E 30.1× · PEG 0.72 · 65% evidence Relative strength 9.6/20 · Lead over its industry -5.7% · Lead over S&P 500 2.9% · 1 year -9.1% · 100% evidence · 7 of 12 weeks ahead Exact sum: 29 + 20 + 14.2 + 9.6 = 72.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [DocuSign, Inc.](https://www.sectoralpha.in/us/stocks/docu) DOCU · leader · Most evidence points up · 85% evidence 66.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 8.6% · Profit 17.9% · Operating margin change 5.3 points · 95% evidence Capital efficiency 14.8/25 · ROCE 20.2% · Operating margin 13.4% · 76% evidence Valuation 10.6/20 · P/E 31.7× · PEG 1.42 · 65% evidence Relative strength 18.8/20 · Lead over its industry 21.1% · Lead over S&P 500 31.4% · 1 year 15.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.5 + 14.8 + 10.6 + 18.8 = 66.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Atlassian Corporation](https://www.sectoralpha.in/us/stocks/team) TEAM · leader · Evidence leans up · 64% evidence 64.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.2/35 · Revenue 26% · Profit n/a · Operating margin change 14.4 points · 62% evidence Capital efficiency 8.7/25 · ROCE 11.7% · Operating margin 12.3% · 76% evidence Valuation 11.5/20 · P/E -366.7× · PEG n/a · 15% evidence Relative strength 18.6/20 · Lead over its industry 33% · Lead over S&P 500 42.4% · 1 year 20.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 25.2 + 8.7 + 11.5 + 18.6 = 64 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Fair Isaac Corporation](https://www.sectoralpha.in/us/stocks/fico) FICO · basing · Evidence leans up · 81% evidence 61.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.9/35 · Revenue 24.1% · Profit 28.4% · Operating margin change 4.9 points · 83% evidence Capital efficiency 21.2/25 · ROCE 96.5% · Operating margin 53.8% · 76% evidence Valuation 12.4/20 · P/E 34× · PEG 0.96 · 65% evidence Relative strength 0.4/20 · Lead over its industry -51.2% · Lead over S&P 500 -46.9% · 1 year -59.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.9 + 21.2 + 12.4 + 0.4 = 61.9 · What this means: Earnings are strong; relative strength in its sector is -51.2% and the one-year return is -59.7%. 6. [Roper Technologies, Inc.](https://www.sectoralpha.in/us/stocks/rop) ROP · turning · Evidence leans up · 85% evidence 61.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.9/35 · Revenue 9.2% · Profit 65% · Operating margin change 0.3 points · 95% evidence Capital efficiency 11.2/25 · ROCE 7.9% · Operating margin 28.7% · 76% evidence Valuation 12.4/20 · P/E 13.3× · PEG 1.37 · 65% evidence Relative strength 18.1/20 · Lead over its industry 10.2% · Lead over S&P 500 20.4% · 1 year 10.2% · 100% evidence · 8 of 12 weeks ahead Exact sum: 19.9 + 11.2 + 12.4 + 18.1 = 61.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Intuit Inc.](https://www.sectoralpha.in/us/stocks/intu) INTU · breaking out · Evidence leans up · 85% evidence 60.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.0/35 · Revenue 13.9% · Profit 18% · Operating margin change 8.7 points · 95% evidence Capital efficiency 17.1/25 · ROCE 23.2% · Operating margin 17.6% · 76% evidence Valuation 13.8/20 · P/E 18.9× · PEG 0.94 · 65% evidence Relative strength 5.4/20 · Lead over its industry -25.7% · Lead over S&P 500 -20.2% · 1 year -45% · 100% evidence · 10 of 12 weeks ahead Exact sum: 24 + 17.1 + 13.8 + 5.4 = 60.3 · What this means: Earnings are strong; relative strength in its sector is -25.7% and the one-year return is -45%. 8. [Paychex, Inc.](https://www.sectoralpha.in/us/stocks/payx) PAYX · basing · Evidence leans up · 85% evidence 59.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.8/35 · Revenue 14% · Profit 12% · Operating margin change 1.8 points · 95% evidence Capital efficiency 20.1/25 · ROCE 28.9% · Operating margin 38.5% · 76% evidence Valuation 9.4/20 · P/E 25.1× · PEG 1.89 · 65% evidence Relative strength 8.3/20 · Lead over its industry -3.7% · Lead over S&P 500 5.7% · 1 year 6.2% · 100% evidence · 5 of 12 weeks ahead Exact sum: 21.8 + 20.1 + 9.4 + 8.3 = 59.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Manhattan Associates, Inc.](https://www.sectoralpha.in/us/stocks/manh) MANH · leader · Evidence leans up · 81% evidence 58.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Revenue 6.4% · Profit -5.4% · Operating margin change -2.1 points · 83% evidence Capital efficiency 20.6/25 · ROCE 126.2% · Operating margin 25% · 76% evidence Valuation 4.1/20 · P/E 39.2× · PEG 5.72 · 65% evidence Relative strength 19.1/20 · Lead over its industry 32.3% · Lead over S&P 500 44.3% · 1 year 46.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 14.8 + 20.6 + 4.1 + 19.1 = 58.6 · What this means: Relative strength against the index is 44.3%, and revenue and profit growth are weak. 10. [Workday, Inc.](https://www.sectoralpha.in/us/stocks/wday) WDAY · breaking out · Evidence leans up · 85% evidence 58.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Revenue 13.3% · Profit 100% · Operating margin change 1.2 points · 95% evidence Capital efficiency 10.7/25 · ROCE 13.1% · Operating margin 11.8% · 76% evidence Valuation 7.9/20 · P/E 31.7× · PEG 2.02 · 65% evidence Relative strength 15.1/20 · Lead over its industry 4.4% · Lead over S&P 500 12.6% · 1 year -10.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.8 + 10.7 + 7.9 + 15.1 = 58.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Bentley Systems, Incorporated](https://www.sectoralpha.in/us/stocks/bsy) BSY · breaking out · Evidence leans up · 81% evidence 57.6 out of 100 Growth Capital Valuation Relative 12. [SAP SE](https://www.sectoralpha.in/us/stocks/sap) SAP · breaking out · Evidence leans up · 85% evidence 56.7 out of 100 Growth Capital Valuation Relative 13. [Automatic Data Processing, Inc.](https://www.sectoralpha.in/us/stocks/adp) ADP · leader · Evidence leans up · 81% evidence 55.1 out of 100 Growth Capital Valuation Relative 14. [Salesforce, Inc.](https://www.sectoralpha.in/us/stocks/crm) CRM · breaking out · Evidence leans up · 85% evidence 53.8 out of 100 Growth Capital Valuation Relative 15. [Adobe Inc.](https://www.sectoralpha.in/us/stocks/adbe) ADBE · quiet · Evidence leans up · 85% evidence 52.9 out of 100 Growth Capital Valuation Relative 16. [Guidewire Software, Inc.](https://www.sectoralpha.in/us/stocks/gwre) GWRE · losing its lead · Evidence leans down · 75% evidence 49.8 out of 100 Growth Capital Valuation Relative 17. Snowflake Inc. this page SNOW · quiet · Evidence leans down · 64% evidence 49.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.1/35 · Revenue 32% · Profit n/a · Operating margin change 12.7 points · 71% evidence Capital efficiency 3.3/25 · ROCE -24.5% · Operating margin -17% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 11.9/20 · Lead over its industry 5.6% · Lead over S&P 500 15.5% · 1 year 10.5% · 100% evidence · 10 of 12 weeks ahead Exact sum: 24.1 + 3.3 + 10 + 11.9 = 49.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 18. [Shopify Inc.](https://www.sectoralpha.in/us/stocks/shop) SHOP · losing its lead · Evidence leans down · 81% evidence 46.7 out of 100 Growth Capital Valuation Relative 19. [Unity Software Inc.](https://www.sectoralpha.in/us/stocks/u) U · quiet · Evidence leans down · 61% evidence 46.6 out of 100 Growth Capital Valuation Relative 20. [Zoom Communications, Inc.](https://www.sectoralpha.in/us/stocks/zm) ZM · quiet · Evidence leans down · 85% evidence 45.1 out of 100 Growth Capital Valuation Relative 21. [Cadence Design Systems, Inc.](https://www.sectoralpha.in/us/stocks/cdns) CDNS · basing · Evidence leans down · 81% evidence 44.7 out of 100 Growth Capital Valuation Relative 22. [SS&C Technologies Holdings, Inc.](https://www.sectoralpha.in/us/stocks/ssnc) SSNC · losing its lead · Evidence leans down · 85% evidence 42.9 out of 100 Growth Capital Valuation Relative 23. [Fiserv, Inc.](https://www.sectoralpha.in/us/stocks/fisv) FISV · turning · Evidence leans down · 81% evidence 42.8 out of 100 Growth Capital Valuation Relative 24. [Uber Technologies, Inc.](https://www.sectoralpha.in/us/stocks/uber) UBER · basing · Evidence leans down · 71% evidence 41.3 out of 100 Growth Capital Valuation Relative 25. [Tyler Technologies, Inc.](https://www.sectoralpha.in/us/stocks/tyl) TYL · breaking out · Evidence leans down · 81% evidence 40.9 out of 100 Growth Capital Valuation Relative 26. [Grab Holdings Limited](https://www.sectoralpha.in/us/stocks/grab) GRAB · basing · Evidence leans down · 71% evidence 39.5 out of 100 Growth Capital Valuation Relative 27. [Datadog, Inc.](https://www.sectoralpha.in/us/stocks/ddog) DDOG · quiet · Evidence leans down · 71% evidence 39.3 out of 100 Growth Capital Valuation Relative 28. [Strategy Inc](https://www.sectoralpha.in/us/stocks/mstr) MSTR · breaking out · Most evidence points down · 67% evidence 29.3 out of 100 Growth Capital Valuation Relative 29. [ServiceNow, Inc.](https://www.sectoralpha.in/us/stocks/now) NOW · quiet · Most evidence points down · 81% evidence 27.3 out of 100 Growth Capital Valuation Relative 30. Bending Spoons S.p.A. BSP · breaking out · Too little evidence to rank firmly · 28% evidence 48.0 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Software - Application](https://www.sectoralpha.in/us/sectors/software-application), all 30 compared on one page. ## Which companies are close to Snowflake in size? Snowflake is the 7th largest of 142 Software - Application companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Uber Technologies, Inc., Automatic Data Processing, Inc. and ServiceNow, Inc. Just below it: Adobe Inc., Intuit Inc. and Cadence Design Systems, Inc. ### Software - Application companies close in size 1. [Uber Technologies, Inc.](https://www.sectoralpha.in/us/stocks/uber) $142.8 billion 2. [Automatic Data Processing, Inc.](https://www.sectoralpha.in/us/stocks/adp) $119.9 billion 3. [ServiceNow, Inc.](https://www.sectoralpha.in/us/stocks/now) $113 billion 4. Snowflake Inc. $102.4 billion 5. [Adobe Inc.](https://www.sectoralpha.in/us/stocks/adbe) $96.7 billion 6. [Intuit Inc.](https://www.sectoralpha.in/us/stocks/intu) $95.3 billion 7. [Cadence Design Systems, Inc.](https://www.sectoralpha.in/us/stocks/cdns) $90.4 billion [All 142 Software - Application companies, largest first](https://www.sectoralpha.in/us/sectors/software-application#all-companies) ### Companies close in size in other industries 1. [The Bank of New York Mellon Corporation](https://www.sectoralpha.in/us/stocks/bny) $102.7 billion · Banks - Diversified 2. [Corning Incorporated](https://www.sectoralpha.in/us/stocks/glw) $102.4 billion · Electronic Components 3. Snowflake Inc. $102.4 billion 4. [CVS Health Corporation](https://www.sectoralpha.in/us/stocks/cvs) $102.3 billion · Healthcare Plans 5. [Canadian Natural Resources Limited](https://www.sectoralpha.in/us/stocks/cnq) $102.1 billion · Oil & Gas Exploration & Production ## What else do people ask about Snowflake? ### What were Snowflake's latest quarterly results? Snowflake Inc. reported revenue of $1.5 B and a net loss of $192 M for the Jul 2026 quarter. Earnings per share were −$0.55. The operating margin was −17.0%, 12.7 percentage points higher than a year earlier (as of 4 November 2026). ### What is Snowflake's market cap? Snowflake Inc.'s market capitalisation is $102 B at a stock price of $290.52. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Snowflake performing? Snowflake Inc.'s share price has been rising for 9 weeks. Over the past 13 weeks it has done worse than the S&P 500, for 1 week running. This describes what the data did, not a rating (as of 4 November 2026). ### Will Snowflake's stock price go up? This page does not forecast Snowflake Inc.'s stock price. What it shows instead: the stock price is $290.52, and it has been rising for 9 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026). ### Where is Snowflake in its business cycle? Snowflake Inc.'s FY26 operating margin was −28.3%, against a 5-year range of −58.6% to −28.3%: the middle of its own range, neither a peak nor a low. The latest quarter was −17.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Snowflake story? Biggest thing to watch: the price has already been rising for 9 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Snowflake a stock worth studying right now? What the numbers show: Snowflake Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists - US tech stocks: https://www.sectoralpha.in/us-tech-stocks This is research, not advice. We’re not SEBI-registered.