How many shares does a snowflake have?

Is snow a good buy right now?

The stock is grossly overvalued for a company of its size as cloud stocks usually trade at 9x to 50x revenue. But while the stock is pricey, the massive opportunity for growth does justify its lofty valuation. … The high revenue coupled with the market opportunity makes SNOW stock a great buy right now.

Does snowflake have a stock symbol?

Snowflake Inc. (SNOW) closed at $332.12 in the latest trading session, marking a +1.3% move from the prior day.

How much cash does snowflake have?

As of April 2021, Snowflake had cash of US$3.9b and no debt. In the last year, its cash burn was US$75m.

Is Snowflake a profitable company?

Snowflake posted a Gross Profit Margin of 62% for the first six months of FY’21, with Operating Margins standing at -72%. Palantir’s Gross Margins stood at about 72% over the first six months of 2020, with Operating Margins coming in at about -35%.

Why is snowflake so valuable?

The Snowflake architecture allows storage and compute to scale independently, so customers can use and pay for storage and computation separately. And the sharing functionality makes it easy for organizations to quickly share governed and secure data in real time.

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Is Snowflake A Buy Sell or Hold?

3, Snowflake stock is not in a buy zone.

What type of stock is snowflake?

Class A Common Stock (SNOW)

Why is Snowflake stock down today?

The price of Snowflake shares dropped after investment firm Cleveland Research expressed caution on the stock after hearing reports from Snowflake partners of longer sales cycles due to increased competition from hyperscalers – particularly Google’s BigQuery cloud data warehouse, according to The Motley Fool.

Who owns snowflake stock?

Top 10 Owners of Snowflake Inc.

Stockholder Stake Shares owned
Iconiq Capital LLC 9.86% 29,658,449
Altimeter Capital Management LP 6.99% 21,037,333
Morgan Stanley Investment Managem… 4.91% 14,775,559
The Vanguard Group, Inc. 4.89% 14,725,841

How much did Snowflake employees make?

The average estimated annual salary, including base and bonus, at Snowflake is $131,771, or $63 per hour, while the estimated median salary is $153,543, or $73 per hour.

What happens if an IPO is underpriced?

If the price of shares is sold below the market price, then the investment banker has a higher probability that they will be able to sell all the shares easily. However, if the issue is fairly priced, there is always a chance that all the shares might not be sold off at once.

Is Snowflake cash flow positive?

The company now has 4,990 total customers and 116 customers with trailing 12-month product revenue greater than $1 million. … “While increasing net revenue retention rate to 169%, we also boosted gross margin and operating margin efficiency while our adjusted free cash flow was positive for the third quarter in a row.”

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Is Snowflake a good long term investment?

In total, Snowflake has 4,990 customers, with 116 of those bringing in 12-month product revenue of more than $1 million each. With a strong bull case, Snowflake is demonstrating its potential to grow as a company and present a great long-term investment.

How much is a Snowflake worth?

Snowflake’s stock price more than doubled on its first trading day, boosting its market cap above $70 billion. As of this writing, Snowflake is worth about $93 billion — compared to Salesforce’s market cap of $261 billion.

Is Snowflake losing money?

Snowflake SNOW, +2.10% reported second-quarter losses of $189.7 million, or 64 cents a share, after losing $77.6 million a year ago. Revenue totaled $272.2 million, more than doubling from $133.1 million in the same quarter a year prior.