SNOWFLAKE INC. (SNOW)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
$290.60-1.50%
Close 2026-11-04 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
QuarterlyIQ Insights · SNOW
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 31.0% |
| Our one-year growth estimate | diamond | 38.7% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 7.7 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 36 industry peers
SNOW — debt issuance
Dated 2026-10-02
Entry into a Material Agreement. On September 28, 2026, Snowflake Inc. (the “ Company ”) completed its previously announced private offering (the “ Offering ”) of $2.0 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2029 (the “ 2029 Notes ”) and $1.75 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2031 (the “ 2031 Notes ”, and together with the 2029 Notes, the “ Notes ”). Each series of Notes was issued pursuant to separate indentures, each d…
Why it matters: Q2 product revenue grew 37% year over year. A Q3 result above the guide would extend that growth pace.
Supportive ifOn December 2, Q3 product revenue is above $1.593 billion, the top of the company’s guide.
Worry ifQ3 product revenue is below $1.588 billion, the bottom of the company’s guide.
Why it matters: CoCo passed 9,100 accounts in Q2, adding over 2,000. More growth would show wider use of Snowflake’s AI tools.
Supportive ifSnowflake reports more than 11,100 CoCo accounts in Q3, above its Q2 count of 9,100.
Worry ifSnowflake reports 9,100 or fewer CoCo accounts in Q3.
Why it matters: Snowflake issued $3.75 billion of new notes and said some proceeds may repay 2027 notes. The amount repaid will show how much old debt it replaces.
Watch forA filing or company update confirms a cash buyback of some 2027 notes using proceeds from the new notes.
Also watch forA company update says no 2027 notes were repurchased, or shows the proceeds went to other uses.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$149 on $10,000 · ±1.5% | How much price usually moves either way. |
| Bad day | $606 loss on $10,000 · 6.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $5,535 loss on $10,000 · 55.4% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.