Where Will Snowflake Stock Be in 2 Years? | SNOW Stock Prediction | Snowflake Stock Analysis

The data management company is trading at an expensive valuation already.

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[valentinpal]

Last quarter the company announced strong results, not weak like it is said in the video. The guidance was lower than expected, which is a different story. But give the context of the guidance, it looks like sandbagging more than anything. Backlog increased at a record high, monetization was adjusted to take advantage of the product releases focusing on workloads rather than storage. This stock could go higher than predicted in the video after the next earnings call, not in 1-2y.

[reddysaheb]

Thanks so much for the video. Can you please explain why P/E driven by EPS is a good metric for a growth company? I thought most growth companies have low or even negative EPS. Why should SNOW be any different?

[sksharma]

Good information. my guess is also between 165-185. But the price has to go down before i buy. thanks

[baumulrich]

Really difficult to estimate these high growth high tech stocks, as the range and volatility is so high - and the dependency on macro economic situations is also enormous. Once a company reaches the mag 7 size, macro isn't as important but at the size of snowflake, that's not a given yet.

a range of 195 to 165 is smaller than this year which was 140 to 240. we're near the bottom of the range, so I see snow as a buy

[jakubjuszczak]

Can you please do stock price prediction on MELI? 😊

[ravindrakolli]

Is it good to invest in AMC or not?? Can you please reply