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Mark R. Hake, CFA

Snowflake Looks Deeply Undervalued Here Based on Its Own FCF Margin Analysis

Snowflake, Inc. (SNOW) is one of the few companies that forecasts its own free cash flow (FCF) margins (i.e., FCF as a percentage of revenue). So, if analysts' revenue projections for the next 12 months come to pass, SNOW stock looks very cheap here.

SNOW is at $246.24 in midday trading on Monday, Oct. 13. However, it could have much more to rise - up to $364 per share, my new price target, over the next 12 months (NTM).

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