Rating Change
Truist Securities reiterated its Buy rating on Snowflake Inc. (NYSE:SNOW) on August 20, 2026.
reiterateNYSE:SNOW
Truist Securities Reiterates Buy Rating on Snowflake Inc. (SNOW)
Truist Securities reiterated its Buy rating on Snowflake Inc. (NYSE:SNOW) on August 20, 2026.
At publication ·
What changed
Snowflake Inc. (NYSE:SNOW) · reiterate
- Firm
- Truist Securities
- Rating
- Buy to Buy
- Price at event
- $321.29
- Market capitalization
- $73.8B
At a glance
Key takeaways
- Truist Securities reiterated a Buy rating on Snowflake Inc. (SNOW) on August 20, 2026, with the stock trading at $321.29 and a market capitalization of $73.8 billion.
Market Context
Snowflake Inc. operates in the Technology sector. The stock currently trades at $321.29 with a market capitalization of $73.8B. The stock has gained 67.0% over the past 52 weeks.
Analyst coverage from Truist Securities provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Snowflake Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Snowflake Inc.
Among the 10 most recent ratings: 10 Buy, 0 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 20, 2026 | Truist Securities | Buy | N/A |
| Aug 20, 2026 | TD Cowen | Buy | N/A |
| Aug 19, 2026 | B of A Securities | Buy | N/A |
| Aug 19, 2026 | Mizuho | Outperform | N/A |
| Aug 18, 2026 | UBS | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View SNOW Stock Page
Frequently Asked Questions
What does the Buy rating mean for SNOW?
A rating of Buy from Truist Securities reflects the analyst's outlook on Snowflake Inc. (NYSE:SNOW). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the SNOW forecast page.