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Barchart
Barchart
Mark R. Hake, CFA

Snowflake's Value is in the Clouds - Worth 26% More Based on its Strong FCF

SNOW Snowflake Snowflake Inc Barchart

Snowflake Inc. (SNOW) reported strong revenue and free cash flow in Q3 on November 20. It also provided enough guidance to allow analysts to forecast a Q4 44% FCF margin. Therefore, using its historical 1.5% FCF yield metric SNOW stock could be worth over 26% more at $232 per share.

SNOW closed at $183.64 on Friday, Dec. 6, up over 42% since releasing earnings after it closed at $129.12 on Nov. 20. The market liked what it read about the company's forecast outlook for FY 2025 (ending Jan. 31, 2025).

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