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Barclays lifted Snowflake's price target to $285 from $272 on June 4, maintaining an Equal Weight rating. The firm cited faster product velocity and Cortex Code's positive effect on usage. Truist also raised its target to $300 with a Buy rating after Snowflake Summit 2026 feedback.
Truist increased its Snowflake price target to $300 from $275, maintaining a Buy rating after the company's Investor Day on June 2. The analyst cited Cortex Code tools accelerating workload creation and platform expansion. Barclays also raised its target to $285. Snowflake stock has an average target of $296, a 24.23% upside from $238.26.
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