Wall Street Thinks Hard-Hit SNOW Stock Can Gain 40% in 2026. Should You Buy Snowflake Now?

Shares of Snowflake (SNOW) have taken a beating in recent weeks. Valued at a market cap of $57.6 billion, SNOW stock is down over 40% from its 52-week high, but analysts seem to believe it can make those losses back, and then some. The software sector selloff has been broad and, some would argue, indiscriminate. 

But one major Wall Street firm says the market is missing the forest for the trees and that the ongoing pullback could be a buying opportunity in the artificial intelligence space right now.