How do I buy snowflake stock?
How to buy shares in SnowflakeCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Is Snowflake publicly traded?
On September 16, 2020, Snowflake became a public company via an initial public offering (IPO) raising $3.4 billion, one of the largest software IPOs and the largest to double on its first day of trading.
Is snowflakes a good stock to buy?
Snowflake is a fundamentally strong company that could be an excellent long-term growth stock to own. Investors should celebrate the dip in shares and, frankly, root for more air to come out of the valuation. Investors may want to consider a dollar-cost averaging strategy to build a position slowly over time.Mar 5, 2022
Is snow a buy or sell?
Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
How do I buy shares in an IPO?
Steps for buying an IPO stockHave an online account with a broker that offers IPO access. Brokers like Robinhood and TD Ameritrade offer IPO trading, so you'll need an account with them or another broker that offers similar access.Meet eligibility requirements. ... Request shares. ... Place an order.Nov 9, 2021
Why is Snowflake stock dropping today?
Shares of Snowflake ( SNOW -5.80% ) plunged on Thursday after the data analytics company's revenue forecast fell short of investors' lofty expectations. By the close of trading, Snowflake's stock price was down 15.6%.Mar 3, 2022
Is Paypal a buy Zacks?
The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
Is Snowflake a good long term investment?
In total, Snowflake has 4,990 customers, with 116 of those bringing in 12-month product revenue of more than $1 million each. With a strong bull case, Snowflake is demonstrating its potential to grow as a company and present a great long-term investment.
Where will Snowflake be in 5 years?
The sales number in five years would be about 760% (7.6 times) the present. The most optimistic view is that Snowflake retains its present 100% annual growth rate for a full five years. The five-year rate of sales growth would then be 3200% (32 times) the present.Dec 28, 2021
What is the prediction for Snowflake stock?
The 27 analysts offering 12-month price forecasts for Snowflake Inc. have a median target of 310.00, with a high estimate of 530.00 and a low estimate of 190.00. The median estimate represents a +66.67% increase from the last price of 186.00.
Who owns snowflake stock?
Top 10 Owners of Snowflake Inc.StockholderStakeShares ownedIconiq Capital LLC8.20%25,102,653Altimeter Capital Management LP5.55%17,001,796The Vanguard Group, Inc.4.95%15,147,939Morgan Stanley Investment Managem...4.59%14,066,3646 more rows
Why is snowflake so popular?
Why Snowflake is special It serves a wide range of technology areas, including data integration, business intelligence, advanced analytics, and security & governance. It provides support for programming languages like Go, Java, . NET, Python, C, Node.
How to buy Snowflake stock?
How to buy shares in Snowflake 1 Compare share trading platforms.Use our comparison table to help you find a platform that fits you. 2 Open your brokerage account. Complete an application with your details. 3 Confirm your payment details. Fund your account. 4 Research the stock. Find the stock by name or ticker symbol – SNOW – and research it before deciding if it's a good investment for you. 5 Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price. 6 Check in on your investment. Optimize your portfolio by tracking your stock.
What is Snowflake Inc?
Snowflake Inc. provides cloud-based data platform in the United States and internationally. The company's platform offers Data Cloud, an ecosystem that enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. Its platform is used by various organizations of various sizes in a range of industries. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019.
Who is Jing Jun Ma?
Jing Jun Ma is a tech and data expert with more than a decade of experience in digital marketing and programming. He wrangles data to make it useful for consumers facing a decision.
Where is Snowflake located?
Snowflake was founded in 2012 and is based in San Mateo, California. It has thousands of customers, including many Fortune 500 firms, all over the world and approximately 2,500 employees. The company’s management is regarded as experienced and capable.
What is Snowflake software?
Cloud software graphic. Snowflake is a cloud data platform company that lets business customers consolidate data from multiple clouds and other sources. After the company’s 2020 initial public offering the price of its shares rose sharply, attracting the attention of hedge funds and other investors. Although it has yet to produce profits ...
When did Snowflake IPO?
Snowflake held its initial public offering (IPO) in September 2020, raising $2.2 billion by selling 28 million shares at an average valuation of approximately $80. The stock immediately began trading at more than double the IPO price, and by the end of the year was trading at over $400.
About SNOW
Snowflake Inc. commonly shortened to Snowflake, is an American, cloud-based, data-warehousing company. It was founded in 2012 by Benoit Dageville, Thierry Cruanes, and Marcin Zukowski and is headquartered in San Mateo, CA. In 2014, Snowflake started running on Amazon S3.
Rating
What analysts on recommend for this stock, on a scale from 1 (buy) to 5 (sell).
What is Snowflake Inc?
Snowflake Inc. provides cloud-based data platform in the United States and internationally. The company's platform offers Data Cloud, an ecosystem that enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. Its platform is used by various organizations of various sizes in a range of industries. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is headquartered in San Mateo, California.
Who is Shannon Terrell?
Shannon Terrell is a senior writer for Finder who has written over 400 personal finance guides. With a focus on investments and personal finance, she breaks down jargon-laden topics to help others make informed financial decisions. She studied communications and English literature at the University of Toronto.
How & Where to Buy Snowflake Stock Online
Snowflake stock can be bought via a well-regulated online broker that has access to assets listed on the New York Stock Exchange. Our top recommendations are:
What Is Snowflake?
Snowflake (NYSE: SNOW) is a tech company specialised in cloud technology. This young software company set the record as the largest IPO in the US in the software industry, raising $3.4 billion.
Should I Buy Snowflake Today?
Snowflake stock price went up last month, reaching 16.2% growth, while only the last five days registered a 13.9% growth. Yesterday, when the earnings report was released, the market embraced the news with a 7.6% increase, although the share price dropped by about 0.33% in the after-hours trading session.
Snowflake Price Prediction 2021
For the next 12 months, analysts predict a high price estimate of $515, which represents more than a 68% share price increase as of this writing. The median estimate is $310, and the low estimate is down by nearly 20% – $245.
