SNOW Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Increased demand for cloud services and strategic partnerships may boost SNOW's stock. The recent hiring of top talent for the AI division signals a commitment to innovation, which could enhance growth prospects amid rising market interest in AI data solutions.




Bearish Case: Continued insider selling and a recent hacker arrest tied to Snowflake customers raise concerns over potential security risks and investor confidence, which may lead to bearish sentiment. Additionally, macroeconomic uncertainties could threaten revenue growth.




Potential Outcomes:

1. A 55% chance of a price increase due to strong revenue growth from AI initiatives and partnerships.

2. A 30% chance of stable performance amid market caution, reflecting mixed signals from insiders and market sentiment.

3. A 15% chance of price decline driven by security concerns and economic pressures.




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November 13, 2024


Snowflake Forecast

SNOW        Snowflake











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