Snowflake (SNOW): DA Davidson Boosts Price Target to $300 Ahead of 3Q26 Earnings

3 weeks ago 15

Ghazal Ahmed

Wed, December 3, 2025 astatine 3:35 AM CST 1 min read

Snowflake Inc. (NYSE:SNOW) is 1 of the Buzzing AI Stocks connected Wall Street. On December 1, DA Davidson raised its terms people connected the banal to $300 from $275 portion maintaining a “Buy” rating.

The steadfast is optimistic connected the banal up of its third-quarter net report, citing Salesforce arsenic 1 of the champion stories successful Software.

According to the firm, conversations with The Den arsenic good arsenic DaVinci Developer Data bespeak that Snowflake is witnessing spot crossed its merchandise portfolio.

Snowflake's upcoming 3Q26 net connected Wednesday, December 3, volition connection deeper insights into the firm’s apical infrastructure pick.

"This past quarter, we're observing spot crossed Snowflake's products supported by the conversations we've held with The DEN, on with our DaVinci Developer Data that’s indicating importantly accelerating maturation peculiarly successful the halfway information warehouse. Given what remains arsenic arguably 1 of the champion stories successful Software, we reiterate our BUY standing and rise our terms people to $300 from $275."

Snowflake Inc. (NYSE:SNOW) is simply a cloud-based information retention institution providing a information analysis, storage, and sharing platform.

While we admit the imaginable of SNOW arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 AI Stocks Making Headlines connected Wall Street and 10 AI Stocks connected the Market’s Radar

Disclosure: None.


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