Analyst Brian White of Monness maintained a Buy rating on Snowflake, retaining the price target of $275.00.
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Brian White has given his Buy rating due to a combination of factors that highlight Snowflake’s improving fundamentals and strategic positioning. After a difficult 2024, the company delivered a much stronger 2025, marked by faster product innovation, better sales execution, and solid customer usage trends, which together supported robust revenue growth and margin improvement. Even with the strong share-price rebound last year, the stock still trades well below its late-2020 highs, suggesting room for further appreciation if execution continues. White also notes that a particularly strong second quarter, boosted by a few large customer migrations, temporarily skewed expectations, but he views the underlying trajectory as positive rather than dependent on one-off events.
At the same time, Snowflake is building an early foothold in the emerging AI opportunity, even though AI revenue is still relatively small today. The company’s AI Data Cloud is positioned to benefit as enterprises modernize their data infrastructure and scale generative AI workloads, with rapid adoption of products like Snowflake Intelligence underscoring this potential. Customer usage of Snowflake’s AI and machine learning features has grown meaningfully year over year, supporting the view that AI-related demand is gaining traction. Additionally, Snowflake’s expanded partnerships with Google Cloud and Anthropic—integrating leading large language models directly into its platform and aligning on global go-to-market efforts—reinforce its strategic role in the next wave of data and AI-driven applications, which White believes can drive long-term value for shareholders.
White covers the Technology sector, focusing on stocks such as Salesforce, Oracle, and Apple. According to TipRanks, White has an average return of 16.0% and a 67.00% success rate on recommended stocks.