Previous Close | 0.0100 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.1300 |
Strike | 500.00 |
Expire Date | 2024-01-19 |
Day's Range | 0.0100 - 0.0100 |
Contract Range | N/A |
Volume | |
Open Interest | 651 |
Snowflake Inc. (SNOW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Apple and Microsoft are two of the most widely held stocks in the world, and Wall Street is generally bullish on both companies. Apple has a median price target of $200 per share which implies a 15% upside from its current price, and Microsoft has a median price target of $400 per share which implies a 26% upside from its current price. Cloudflare (NYSE: NET) has a median price target of $74 per share which implies a 28% upside, and Snowflake (NYSE: SNOW) has a median price target of $195 per share which implies a 30% upside.
The average brokerage recommendation (ABR) for Snowflake Inc. (SNOW) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?