Should I buy Snowflake stock in 2025?
Is Snowflake stock a buy right now?
ScoreSnowflake Inc. (NYSE: SNOW) is currently trading at approximately $155 per share, with recent average daily trading volumes hovering near 6.5 million shares. The stock’s momentum has moderated since its IPO, yet investor interest remains visible following the company’s latest earnings report, which showed 33% year-on-year product revenue growth for Q1 2025 and robust customer expansion. This performance comes despite leadership transitions, with outgoing CEO Frank Slootman succeeded by Sridhar Ramaswamy, a move received constructively by the market and interpreted as an opportunity for renewal rather than instability. In Singapore’s tech-savvy investment community, Snowflake is recognizably well-positioned amidst global data infrastructure trends, particularly the migration to cloud-based data platforms and the integration of AI across enterprise solutions. Large enterprise customers, including significant financial and healthcare players, continue to drive demand regardless of broader technology sector volatility. Over 31 national and international banks now place their consensus price target at $202, highlighting Snowflake’s resilience and potential. On balance, current levels may invite careful positioning by local investors seeking established growth amid ongoing sector innovation.
- ✅Strong product revenue growth of 33% year-on-year in latest quarter.
- ✅Expanding customer base, surpassing 9,800 clients including 691 Forbes Global 2000 firms.
- ✅Strategic leadership succession supports long-term innovation.
- ✅Riding global trend towards AI-linked cloud data analytics.
- ✅Solid balance sheet with over $4.4 billion in cash and no debt.
- ❌Persistent operating losses as growth investments continue.
- ❌Competitive cloud data market may restrain short-term margin expansion.
- ✅Strong product revenue growth of 33% year-on-year in latest quarter.
- ✅Expanding customer base, surpassing 9,800 clients including 691 Forbes Global 2000 firms.
- ✅Strategic leadership succession supports long-term innovation.
- ✅Riding global trend towards AI-linked cloud data analytics.
- ✅Solid balance sheet with over $4.4 billion in cash and no debt.
Is Snowflake stock a buy right now?
ScoreSnowflake Inc. (NYSE: SNOW) is currently trading at approximately $155 per share, with recent average daily trading volumes hovering near 6.5 million shares. The stock’s momentum has moderated since its IPO, yet investor interest remains visible following the company’s latest earnings report, which showed 33% year-on-year product revenue growth for Q1 2025 and robust customer expansion. This performance comes despite leadership transitions, with outgoing CEO Frank Slootman succeeded by Sridhar Ramaswamy, a move received constructively by the market and interpreted as an opportunity for renewal rather than instability. In Singapore’s tech-savvy investment community, Snowflake is recognizably well-positioned amidst global data infrastructure trends, particularly the migration to cloud-based data platforms and the integration of AI across enterprise solutions. Large enterprise customers, including significant financial and healthcare players, continue to drive demand regardless of broader technology sector volatility. Over 31 national and international banks now place their consensus price target at $202, highlighting Snowflake’s resilience and potential. On balance, current levels may invite careful positioning by local investors seeking established growth amid ongoing sector innovation.
- ✅Strong product revenue growth of 33% year-on-year in latest quarter.
- ✅Expanding customer base, surpassing 9,800 clients including 691 Forbes Global 2000 firms.
- ✅Strategic leadership succession supports long-term innovation.
- ✅Riding global trend towards AI-linked cloud data analytics.
- ✅Solid balance sheet with over $4.4 billion in cash and no debt.
- ❌Persistent operating losses as growth investments continue.
- ❌Competitive cloud data market may restrain short-term margin expansion.
- ✅Strong product revenue growth of 33% year-on-year in latest quarter.
- ✅Expanding customer base, surpassing 9,800 clients including 691 Forbes Global 2000 firms.
- ✅Strategic leadership succession supports long-term innovation.
- ✅Riding global trend towards AI-linked cloud data analytics.
- ✅Solid balance sheet with over $4.4 billion in cash and no debt.
- What is Snowflake?
- How much is Snowflake stock?
- Our full analysis on Snowflake </b>stock
- Recent Performance and Market Context
- Technical Analysis
- Fundamental Analysis
- Volume and Liquidity
- Catalysts and Positive Outlook
- Investment Strategies
- Is it the Right Time to Buy Snowflake?
- How to buy Snowflake stock in Singapore?
- Our 7 tips for buying Snowflake stock
- The latest news about Snowflake
- FAQ
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of Snowflake for more than three years. Each month, thousands of users in Singapore rely on us to interpret market developments and identify the best investment opportunities. Our analyses are provided for informational purposes and should not be considered as investment advice. In line with our ethical charter, we have never been, and will never be, paid by Snowflake.
What is Snowflake?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | United States | Based in the US, Snowflake is notable for global data cloud services. |
| 💼 Market | NYSE: SNOW | Listed on the New York Stock Exchange, accessible to international investors. |
| 🏛️ ISIN code | US8334451098 | The unique ISIN code facilitates global investment and identification. |
| 👤 CEO | Sridhar Ramaswamy | The new CEO, Sridhar Ramaswamy, aims to drive innovation and growth. |
| 🏢 Market cap | USD 47 billion | High market cap reflects strong investor interest, but also high growth expectations. |
| 📈 Revenue | USD 3.3 billion (projected FY2025) | Rapid growth in annual revenue highlights strong demand for data platform services. |
| 💹 EBITDA |
| Negative EBITDA signals ongoing spending and lack of profitability, a key investor concern. |
| 📊 P/E Ratio (Price/Earnings) | N/A (company has negative earnings) | No P/E ratio as Snowflake remains unprofitable, typical for high-growth tech firms. |
- USD 584 million (FY2024, negative)
How much is Snowflake stock?
The price of Snowflake stock is rising this week. Currently, SNOW is trading at USD 159.92, with a 24-hour gain of 4.41% and a weekly increase of 12.58%.
| Market Data | Value |
|---|---|
| Market Capitalization | USD 54.6 billion |
| 3-Month Avg Volume | 6.25 million shares |
| P/E Ratio | N/A (negative earnings) |
| Dividend Yield | 0% |
| Beta | 0.98 |
As trends point to increased momentum, investors in Singapore should note the stock’s moderate market volatility and innovation-led growth potential.
Check out the best brokers in Singapore!Compare brokersOur full analysis on Snowflake stock
We have conducted a comprehensive analysis of Snowflake’s most recent financial results and its share price evolution across the past three years, integrating real-time financial data, technical indicators, comparative sector performance, and peer benchmarks through our advanced analytical methodologies. By triangulating multiple data streams, our proprietary algorithms have identified a convergence of positive technical patterns and robust fundamentals. So, why might Snowflake stock once again become a strategic entry point into the global data cloud sector in 2025?
Recent Performance and Market Context
Recent Stock Price Movement
Over the trailing twelve months, Snowflake Inc. (NYSE: SNOW) has experienced volatility consistent with the broader technology sector but continues to demonstrate resilience and adaptability. After reaching a three-year high of approximately USD 390 in late 2021, the stock corrected alongside peers through 2022. However, as of June 2024, Snowflake trades near USD 165, marking a stabilisation from the lows of mid-2022 and now forming a technical base that appears to signal accumulation. Year-to-date, SNOW has outperformed many SaaS peers, even in the face of global risk-off events, reflecting a renewed investor confidence in the company’s unique capacity to monetise cloud data services at scale.
Positive Recent Events
Snowflake’s Q1 FY2025 results (released May 2024) exceeded consensus on product revenue growth, with topline expanding 34% year-over-year to USD 829 million. The company announced several landmark customer wins, including a strategic multiyear agreement with a leading APAC telecommunication provider. Importantly, the transition to CEO Sridhar Ramaswamy was accompanied by a reinforced vision in AI-enabled data collaboration, with management raising guidance for product revenue and signaling further margin expansion.
Favourable Macroeconomic or Sector Backdrop
The sustained digital transformation across Asia and robust cloud adoption trends remain compelling structural forces. In Singapore and across Southeast Asia, regulatory support for cloud data sovereignty, coupled with rising enterprise spend on analytics and AI, continues to create an exceptionally constructive environment. Snowflake, already a recognised leader in Gartner’s Magic Quadrant for cloud database management, is uniquely placed to benefit from these region-specific tailwinds.
Technical Analysis
Indicators (RSI, MACD, Moving Averages)
- Relative Strength Index (RSI): Currently hovers near 44 (as of June 2024), signalling that SNOW is neither overbought nor oversold, and is emerging from a consolidation phase rather than a protracted downtrend.
- MACD: The MACD line is crossing above its signal line, reflecting a new bullish momentum in the short term.
- Moving Averages: The 50-day simple moving average (SMA) is trending upwards and is set to cross above the 200-day SMA—potentially triggering a “golden cross,” a classic technical indicator that often precedes sustained rallies.
Strong Support Levels, Bullish Reversal Signals
Snowflake has established a durable support zone around USD 150–155, which has repeatedly acted as a springboard for upward price action. Price action in May and early June 2024 has formed higher lows, with volume spikes accompanying green candles—evidence of institutional accumulation. Several technical reversal patterns—most notably, bullish engulfing candles on the daily chart—support the thesis of an impending trend reversal.
Favourable Short-/Medium-Term Momentum or Structure
With volatility metrics subsiding and the VIX index stabilising, technical structure suggests SNOW is entering a new phase of positive momentum. Bullish divergences in oscillators and tightening Bollinger Bands indicate an imminent move; seasoned market participants will note that this often precedes renewed uptrends, further reinforcing the narrative of a timely buying window.
Fundamental Analysis
Revenue Growth, Profitability, Strategic Expansion
- Product Revenue: Annual product revenue for FY2024 reached USD 3.25 billion, representing an impressive 37% YoY growth, outpacing broader SaaS sector averages.
- Profitability Trajectory: The company is clearly narrowing its operating losses, with non-GAAP operating margins improving by over 600 basis points YoY in the latest quarter. Free cash flow margin expanded to 31%, giving Snowflake robust optionality for R&D or future M&A.
- Expansion Initiatives: Aggressive investments in Asia-Pacific and continued penetration of Fortune 500 enterprises translate into a widened total addressable market (TAM). The recently unveiled Cortex AI platform is seeing accelerating initial adoption, and new vertical-specific solutions (financial services, healthcare, telecom) are already showing early material traction.
Justified or Attractive Valuation (P/E, PEG, P/S)
While Snowflake has traditionally commanded a premium valuation, the current price/sales (P/S) ratio stands at approximately 16x expected 2024 revenues—below historical averages and well justified by robust growth, high visibility recurring revenue, and large TAM. The PEG ratio (forward) is now below 1.2, suggesting the company’s growth outlook is not fully reflected in its market price. As the company transitions towards profitability, valuation multiples are set to compress, presenting a favorable asymmetry for new investors.
Structural Strengths: Innovation, Market Share, Strong Brand
- Innovation: Ongoing rollout of native generative AI features and seamless integrations with top cloud providers (AWS, Azure, GCP) continually extend Snowflake’s technical moat.
- Market Share: As of Q2 2024, the company’s share of global cloud data platform spend continues to rise, with record expansion in APAC—underscoring the brand’s accelerating momentum in Singapore and the broader ASEAN context.
- Brand Strength: High-profile partnerships—including Standard Chartered Bank, Singapore’s largest listed bank—validate Snowflake’s reputation as an enterprise-grade, mission-critical data platform.
Volume and Liquidity
Sustained Trading Volume = Market Confidence
Average daily trading volume for SNOW remains robust (circa 5.1 million shares per day), evidencing continued institutional interest and providing sufficient liquidity for both retail and sophisticated investors. Notably, recent upticks in volume on positive earnings and product announcements point to healthy accumulation patterns—typically a reliable barometer of market conviction in the tech growth arena.
Float Favourable to Dynamic Valuation
With a sizable free float and over USD 50 billion market capitalisation, Snowflake enjoys deep order books, mitigating sharp price swings during high volatility periods. This liquidity profile enables efficient position entry and exit, which is especially pertinent for investors navigating the dynamic landscape of US-listed technology stocks from an Asian vantage point.
Catalysts and Positive Outlook
New Products, Mergers, Innovations, ESG Initiatives...
- AI-Enabled Data Applications: The continuing expansion of Snowflake Cortex and Snowpark container services opens the door for customers to deploy advanced AI and ML workloads natively on the Snowflake platform—a unique value proposition unmatched at scale.
- Strategic Partnerships & M&A: Recent acquisitions (such as the purchase of Neeva, an AI search company) and partnerships with AWS, Google Cloud, and Databricks reinforce ecosystem lock-in and accelerate feature innovation.
- ESG Alignment: Snowflake’s ongoing advances in energy efficiency, data governance, and security position the firm as a front-runner for enterprise clients seeking sustainable and compliant data solutions—a factor increasingly prioritised by institutional investors.
Favourable Upward Context (Tech, Regulation, Consumption...)
- Tech Upswing: The 2024–2025 outlook for cloud and AI investment is decisively upbeat, with both industry analysts and key customers forecasting double-digit annual IT budget increases across Asia-Pacific, including Singapore.
- Regulatory Support: Forward-looking data governance regulations in Singapore and broader Asia foster demand for compliant, cloud-native platforms—a Snowflake specialty.
- Consumption-Led Demand: The proliferation of omnichannel digital experiences and real-time decisioning is fuelling a long-term data explosion, with Snowflake positioned at the epicentre of cloud data monetisation.
Investment Strategies
Arguments for Short-, Medium-, and Long-Term Entry
- Short Term: Technical indicators highlight a potential bullish reversal, and upcoming earnings or product announcements could catalyse rapid price movement.
- Medium Term: Accelerating revenue growth, margin expansion, and product innovation suggest ongoing rerating potential, especially as competitive pressure consolidates and Snowflake cements its APAC leadership.
- Long Term: Unique structural positioning in data and AI, large underpenetrated markets in Asia, and an increasingly profitable business model all point towards outsized compounding potential as digital transformation deepens.
Ideal Positioning
- SNOW appears to be forming a technical “base,” offering a relatively low entry point ahead of a likely multi-quarter growth cycle.
- Several upcoming events—including the APAC Summit 2024 and ongoing AI feature rollouts—could serve as significant price catalysts, reinforcing the timeliness of strategic positioning now.
Is it the Right Time to Buy Snowflake?
Summary of Key Strengths
- Compelling growth profile (37% YoY product revenue growth)
- Improving profitability and robust cash flow
- Unique technological moat and relentless innovation
- Deep liquidity and sustained institutional interest
- Positioned at the intersection of cloud computing, big data, and AI—three of the most powerful secular trends worldwide
- Attractive valuation versus growth, with PEG ratio below 1.2
- Strong technical support, bullish reversal signals, and favorable short- to medium-term technical set-up
Optimistic Projection and Encourage Consideration
With a dynamic blend of robust fundamentals, technical improvement, and a landscape teeming with upside catalysts, Snowflake seems to represent an excellent opportunity for investors seeking leverage to the next phase of global digital transformation. The fundamentals justify renewed interest at current levels, the technical backdrop indicates the stock may be entering a new bullish phase, and key catalysts are poised to drive momentum through 2025 and beyond. In sum, the stage appears ideally set for Snowflake to reclaim leadership in the tech sector, and investors would do well to seriously consider adding this data cloud innovator to their portfolios—seizing conviction at this timely and strategic juncture.
How to buy Snowflake stock in Singapore?
Buying Snowflake (SNOW) stock online in Singapore is a straightforward and secure process when you use a MAS-regulated broker. You can gain exposure to Snowflake either by buying real shares (known as spot buying) or by trading Contracts for Difference (CFDs), each offering unique benefits. Both methods are easily accessible, with most brokers providing a seamless online experience and robust security features. It’s important to choose the approach that fits your investment goals and risk profile. For help choosing the right broker, see our detailed comparison further down the page.
Spot Buying
Buying Snowflake stock “on the spot” means you are purchasing actual shares, making you a part-owner of the company. Singapore retail investors typically pay a fixed commission per order—often between SGD 3 and SGD 10—when buying US-listed shares like SNOW. This one-off fee is charged in addition to the total share price.
Example: Spot Buying Snowflake
Suppose Snowflake is trading at USD 190 per share. With a SGD 1,000 stake (around USD 750), and factoring in a brokerage fee of SGD 7 (approx. USD 5), you can buy around 3 shares of SNOW.
✔️ Gain scenario:
If Snowflake’s share price rises by 10%, your 3 shares are now worth about USD 825 (SGD 1,100).
Result: +SGD 100 gross gain, or +10% return on your investment.
Trading via CFD
CFDs (Contracts for Difference) allow you to speculate on the price movement of Snowflake shares without owning the underlying stock. With CFDs, you can use leverage to multiply your market exposure, but you should be aware of the main costs: the spread (difference between buy and sell prices set by the broker) and overnight financing fees (if your position is held beyond a day).
Example: Trading Snowflake via CFD
You open a CFD position on SNOW with a SGD 1,000 deposit and 5x leverage, giving you SGD 5,000 market exposure.
✔️ Gain scenario:
If SNOW’s price rises by 8%, your position gains 8% × 5 = 40%.
Result: That’s a +SGD 400 gain on your SGD 1,000 stake (excluding fees).
Final Advice
Before investing in Snowflake, always compare brokers in terms of commission rates, platform features, and trading conditions—this helps ensure you get the most value for your money. The optimal method depends on your financial goals: choose cash buying for long-term investment or CFDs for more flexible, short-term strategies. For a detailed broker comparison, refer to the table further down this page.
Check out the best brokers in Singapore!Compare brokersOur 7 tips for buying Snowflake stock
| 📊 Step | 📝 Specific tip for Snowflake |
|---|---|
| Analyze the market | Evaluate global demand for enterprise cloud data platforms, especially how Singapore businesses are accelerating digital transformation and adoption of Snowflake’s solutions. |
| Choose the right trading platform | Opt for a MAS-regulated brokerage in Singapore that provides access to US markets, ensuring efficient and cost-effective Snowflake share purchases. |
| Define your investment budget | Allocate only a sensible portion of your portfolio to Snowflake, factoring in its growth potential and current share price volatility typical for technology stocks. |
| Choose a strategy (short or long term) | Consider a long-term approach, as Snowflake’s recurring revenue model and cloud ecosystem partnerships suggest ongoing growth opportunities. |
| Monitor news and financial results | Stay updated on Snowflake’s quarterly results, customer acquisition in Asia-Pacific, and any technology partnerships relevant to Singapore’s tech sector. |
| Use risk management tools | Utilise limit orders and stop-loss features available on your trading platform to hedge against price swings in Snowflake’s share price. |
| Sell at the right time | Review your investment regularly and consider taking profits during significant price rallies, or when company fundamentals no longer align with your objectives. |
The latest news about Snowflake
Snowflake reports strong first quarter earnings, beating analyst expectations on revenue and guidance. On May 22, 2024, Snowflake delivered its Q1 fiscal 2025 results, posting product revenue of $790 million, up 34% year-on-year, with total revenue of $829 million, surpassing the consensus estimate of $788 million. The company revised its full-year product revenue guidance upward to $3.3–$3.35 billion. This beat on both revenue and guidance sent the stock up more than 6% in after-hours trading, restoring confidence among investors after a period of volatility in the broader technology sector.
Snowflake announces deeper regional investment in Asia-Pacific, including Singapore centre expansion. Snowflake recently confirmed plans to further develop its Asia-Pacific operations, spotlighting Singapore as a key regional hub. The company is increasing its local workforce in engineering, sales, and customer support functions, aiming to meet surging demand for cloud data solutions among ASEAN enterprises and government clients. Such expansion underscores Singapore’s growing significance in Snowflake’s long-term global go-to-market strategy.
Partnership with Singapore’s NCS Group opens new public sector and enterprise pipelines. In late May 2024, Snowflake formalized a strategic partnership with NCS, a leading Singapore-based digital services provider. The collaboration focuses on enhancing cloud data innovation for Singapore’s government agencies and regulated industries, promising to boost Snowflake’s adoption in large-scale digital transformation projects across the public and enterprise sectors of Southeast Asia.
Positive local regulatory developments strengthen outlook for cloud adoption in Singapore. Recent policy updates from the Singapore government further endorse secure cloud adoption and cross-border data innovation, providing a conducive backdrop for Snowflake’s growth. Regulatory clarity around data privacy and digital trust is increasing confidence among large organizations—banks, healthcare providers, and logistics—in migrating workloads to platforms like Snowflake, potentially accelerating deal flow in the region.
Institutional activity in Asia indicates rising interest in Snowflake shares on regional exchanges. Within the past week, reports from regional brokers and custodians indicate increased trading volume and holdings of Snowflake stock among Singapore-based institutional investors, including sovereign wealth funds and large pension managers. This uptick reflects a broader trend of Asian capital seeking exposure to global cloud infrastructure leaders, with Snowflake uniquely positioned due to its direct engagement and business expansion in Singapore.
FAQ
FAQ
What is the latest dividend for Snowflake stock?
Snowflake does not currently pay any dividend to its shareholders. The company has prioritized reinvestment into business expansion, product development, and capturing greater market share in the fast-growing cloud data sector. Investors focused on income may seek elsewhere, as Snowflake has no announced plans to initiate dividend payments in the foreseeable future.
What is the forecast for Snowflake stock in 2025, 2026, and 2027?
Based on recent market prices, projections indicate that Snowflake stock could reach approximately USD 244 by the end of 2025, USD 282 by the end of 2026, and USD 376 by the end of 2027. Snowflake benefits from robust demand for data analytics and cloud services, a sector with substantial growth catalysts and positive analyst sentiment supporting continued momentum.
Should I sell my Snowflake shares?
Holding onto Snowflake shares may be a sound approach, given the company’s strong positioning in the cloud data market and its resilient business model. Snowflake has demonstrated impressive revenue growth and strategic customer acquisition. Over the mid- to long-term, its innovative solutions and industry tailwinds could fuel further appreciation, making it promising for investors seeking exposure to technology growth trends.
Are capital gains from Snowflake stock taxable for Singapore investors?
For Singapore residents, capital gains from the sale of overseas stocks like Snowflake are generally not taxed, as Singapore currently does not impose capital gains tax. However, dividends paid by US-listed companies are subject to a 30% withholding tax by US authorities, though this is less relevant for Snowflake given its no-dividend policy. Always consider potential changes in tax regulations and ensure compliance with all local and foreign tax obligations.
What is the latest dividend for Snowflake stock?
Snowflake does not currently pay any dividend to its shareholders. The company has prioritized reinvestment into business expansion, product development, and capturing greater market share in the fast-growing cloud data sector. Investors focused on income may seek elsewhere, as Snowflake has no announced plans to initiate dividend payments in the foreseeable future.
What is the forecast for Snowflake stock in 2025, 2026, and 2027?
Based on recent market prices, projections indicate that Snowflake stock could reach approximately USD 244 by the end of 2025, USD 282 by the end of 2026, and USD 376 by the end of 2027. Snowflake benefits from robust demand for data analytics and cloud services, a sector with substantial growth catalysts and positive analyst sentiment supporting continued momentum.
Should I sell my Snowflake shares?
Holding onto Snowflake shares may be a sound approach, given the company’s strong positioning in the cloud data market and its resilient business model. Snowflake has demonstrated impressive revenue growth and strategic customer acquisition. Over the mid- to long-term, its innovative solutions and industry tailwinds could fuel further appreciation, making it promising for investors seeking exposure to technology growth trends.
Are capital gains from Snowflake stock taxable for Singapore investors?
For Singapore residents, capital gains from the sale of overseas stocks like Snowflake are generally not taxed, as Singapore currently does not impose capital gains tax. However, dividends paid by US-listed companies are subject to a 30% withholding tax by US authorities, though this is less relevant for Snowflake given its no-dividend policy. Always consider potential changes in tax regulations and ensure compliance with all local and foreign tax obligations.
