Snowflake Inc.
NYSE: SNOW·Menlo Park, California·CIK 0001640147
- Price
- $339.76
- Base IV
- $32.22
- Your value
- $32.22
- -90.5%
Valuation snapshot
Price is above even the bull case. Price as of Oct 1, 2026 · Valuation Aug 16, 2026.
Track record
Reported financials are not available yet.
Why the gap?
At $339.76 the market is pricing Snowflake Inc. as if revenue grows 98.8% a year. This valuation assumes it grows 20.8% a year. That single disagreement accounts for most of the distance between the two numbers — which makes it the first thing worth auditing.
Implied by price
+98.8%
revenue growth a year, holding everything else researched
Assumed here
+20.8%
researched base case, grounded in filings and guidance
Many combinations of assumptions reproduce the same price. These are ways to read what the market might expect, not its actual view.
Your valuation
Four judgments stand between the filing and a number. Audit them one at a time and leave with a valuation that is yours.
- 01 Revenue growth31.0%
- 02 Operating margin15.0%
- 03 Risk and beta1.28
- 04 Long-run growth2.5%
About 4 minutes · no account needed
What drives the base case
All three cases →Snowflake's latest growth accelerated while existing customers continued to spend more and its backlog expanded faster than current sales. AI products and broader data workloads should add consumption, but growth should moderate as the company becomes larger. Improving expense efficiency and a declining compensation burden allow Snowflake to become meaningfully profitable while still funding new products.
What shapes the assumptions
No structured value drivers are attached to this valuation yet.
How confident is this estimate?
Quality checksSome of any gap to the price is model uncertainty rather than real disagreement. Start with the weakest components.
- Scenario dispersion0.5
- Terminal-value dependency2.5
- Historical stability4.0
- Margin predictability6.3
Why the number moved
No prior valuation bridge is available yet. Future recalculations will explain what moved.
Base estimate
$32.22 -90.5%

