Tue Feb 18 13:20:00 UTC 2025: **Snowflake (SNOW) Stock: A Hold, Despite Recent Gains and High Search Interest**

NEW YORK, NY – Snowflake Inc. (SNOW), a popular stock recently topping Zacks.com’s most-searched list, has seen a strong month, outperforming the S&P 500 with a 9.8% return compared to the index’s 4.7%. However, while the company’s belonging to the high-performing Zacks Internet – Software industry (up 21% in the past month) adds to its appeal, analysts at Zacks Investment Research offer a more nuanced perspective.

Despite the positive momentum, Snowflake currently holds a Zacks Rank #3 (Hold). This ranking, based on a proprietary system analyzing earnings estimate revisions and other key factors, suggests the stock’s near-term performance may mirror the broader market.

While Snowflake’s revenue projections remain strong, with estimates indicating year-over-year growth of 23% for the current quarter and over 20% for the next two fiscal years, earnings estimates present a more mixed picture. The consensus earnings estimate for the current quarter shows a significant year-over-year decline of 51.4%, though it has remained unchanged in the last 30 days. While the next fiscal year shows projected growth, the current fiscal year’s estimate reflects a substantial decrease.

Furthermore, Snowflake’s Zacks Value Style Score is an ‘F’, suggesting the stock is overvalued relative to its peers. While the company has exceeded revenue and earnings estimates in recent quarters, this valuation factor contributes to the cautious “Hold” rating. Investors are advised to consider these factors alongside the current market buzz before making investment decisions.

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