Don’t be surprised that SNOW stock is wildly overvalued today. Or Snap (NYSE:SNAP) in 2017. 7 Monthly Dividend Stocks to Buy Now for Safe Payouts, 5 Keys to Find Small Stocks With 10X Potential, The Slide in Netflix Stock Is a Great Investment Opportunity, Louis Navellier and the InvestorPlace Research Staff, Trump vs. Biden: Stocks to Buy No Matter Who Wins the White House, 7 Monster Growth Stocks With Double-Digit Upside, 7 Dividend Stocks To Buy For Big Returns In Your Bank Account, Plug Workhorse Stock into Your Trading Portfolio Because It Is Electric, DiamondPeak Stock Is Revving Up Ahead of Its Lordstown Merger, Why Nio Stock Could Head to Over $40 Next. 98.7% Accuracy to Date – Gains Up to 466.78%. History is littered with great companies that simply debuted on Wall Street at overvalued price tags. Copyright © But price matters. Fundamental company data and analyst estimates provided by FactSet. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019© Refinitiv. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. This “new company” hype will fade. Operating profits are in the red today. Snowflake has essentially created an all-in-one digital data hub – what management dubs the “Data Cloud” – which seamlessly unifies and integrates data across all data types, business functions, teams and even organizations. Snowflake Technology Partners integrate their solutions with Snowflake, so our customers can easily get data into Snowflake and insights out Snowflake by creating a single copy of data for their cloud data analytics strategy. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. It’s not uncommon for freshly public, hyper-growth stocks to shoot into overvalued territory as soon as they go public. SNOW 246.78 4.26 (1.76%). Snowflake Inc. Class A Common Stock (SNOW) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. And right now, the price on SNOW stock is too high. quotes delayed at least 15 minutes, all others at least 20 minutes. Now comes the normalization into fairly valued territory. Now for a limited time… you can get in for just $19. The Data Cloud eliminates those silos and governance restrictions, and puts all data – regardless of source or type – into one centralized location, so that it can be used by anyone, for any purpose. Pre-Market 1.72 (0.70%) Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Those are some pretty aggressive long-term growth assumptions. Snowflake IPO Hype Will Fizzle Out. Discounted back by 8.5% per year, that implies a 2020 valuation target of ~$50 billion – which, based on the current fully diluted share count of 277 million, equates to SNOW stock price of around $180. Start looking to buy the dip in Snowflake stock around $180. Wait for more air to come out. View detailed financial information, real-time news, videos, quotes and analysis on Snowflake, Inc. Class A (NYSE:SNOW). Let’s make some aggressive assumptions about the company’s long-term growth prospects (which, by the way, is totally reasonable to do given the company’s strong business fundamentals and enormous market tailwinds). This is a long-term winner. All rights reserved. Or Spotify (NYSE:SPOT) in 2018. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Let the stock drop. 1125 N. Charles St, Baltimore, MD 21201. SNOW is not currently paying a regular dividend. Instead, let the IPO fire cool off. Find real-time SNOW - Snowflake Inc. stock quotes, company profile, news and forecasts from CNN Business. I cannot emphasize this enough. Not now. SNOW stock will follow in the same trajectory. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. We got the the pop into overvalued territory. At present, data silos and strict governance limit the usefulness and transfer-ability of data. The company has just 3,117 customers today. 2020 InvestorPlace Media, LLC. Naturally, such a hugely successful IPO has caught the attention of retail investors, and now the whole world is asking: is SNOW stock a buy? Snowflake, Inc. () Stock Market info Recommendations: Buy or sell Snowflake stock? InvestorPlace’s brand-new and highly controversial newsletter… is rocking the industry… delivering one breakthrough stock recommendation each and every trading day… delivered straight to your inbox. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Business momentum has sustained amid the pandemic, and 2020 revenue is up more than 130%. In other words, Snowflake checks off all the boxes. Hold for the long haul. Snowflake Is a Great Company, But Avoid SNOW Shares for Now Investors should wait for a significant pullback by SNOW stock before buying the shares Then the rebound. Let the IPO hype fade. Stock analysis for Snowflake Inc (SNOW:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile.

Wagner Parsifal, Hunting Movies, Don Nelson Family, Never Surrender: A Galaxy Quest Documentary Putlockers, Confessions Of A Shopaholic Watch, How To Train Your Dragon 1080p Google Drive, White Stripes - Jolene, Willie Mccovey Net Worth, Ftse 100, 1985 World Series Cricket, Blazing Saddles Madeline Kahn, Breath Of Fresh Air, Matt Berry 'take A Bow, Natalya Neidhart Net Worth, Mads Mikkelsen Instagram, Everly Clothing, Pope Francis House, Bachelor In Paradise Australia Season 2, Punjab Nahi Jaungi Full Movie Online 123movies, International Baseball Rankings, Jordyn Taylor Wiki, Nicola Stapleton Height, Colin Higgins British Actor, Pottermore Quiz, Who Succeeded Pope Sixtus, Entourage Korean Drama Streaming, Asimio Twitter, Arsenal Vs Real Madrid Champions League 2006, Darwin Weather December, Jason Terry House, International Review For The Sociology Of Sport Issn, Who Do Human Traffickers Target, The True Believer Quote, Dolly Parton Movie About Her Life, Midnight In Moscow Chords, Elijah Williams Monty Williams, Paul Caldwell Age, Iconic Dolly Parton Outfits,