{
  "id": 5346413,
  "title": "Bernstein raises Snowflake stock price target on strong results",
  "url": "https://urgent.news/2026/09/03/bernstein-raises-snowflake-stock-price-target-on-strong-results",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T14:40:54.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/bernstein-raises-snowflake-stock-price-target-on-strong-results-93CH-4888220"
  },
  "original_language": "en",
  "account": "Snowflake Inc. (NYSE:SNOW) experienced stronger-than-anticipated results, prompting investment firm Bernstein to raise its stock price target from $250 to $377. This marks a 15x price target, up from the previous 11x, reflecting heightened growth expectations for the cloud data platform. Currently trading at $370, Snowflake shares have surged 84% over the past six months, though analysts note potential overvaluation at present levels. Bernstein's rating for Snowflake remains Market Perform, but the firm suggests further analysis is required to understand the differentiation of Snowflake's AI offerings and the sustainability of growth. The company reported a 31% year-over-year revenue growth in the last twelve months, with forecasted earnings of $2.07 per share. Snowflake delivered a quarter exceeding expectations, boasting positive AI attach rates and a focus on evolving into an AI platform. Despite maintaining a positive bias, Bernstein will continue to monitor the company closely before adjusting its stance.",
  "summary": null,
  "key_points": [
    "Bernstein raises Snowflake stock price target from $250 to $377",
    "Snowflake shares surge 84% over six months to $370",
    "Company reports 31% year-over-year revenue growth"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Bernstein raises Five Below stock price target on strong Q2 results",
        "url": "https://urgent.news/2026/09/03/bernstein-raises-five-below-stock-price-target-on-strong-q2-results",
        "published": "2026-09-03T14:40:48.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}