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SNOW stock rated a Neutral by Macquarie

In a filing, Snowflake Inc revealed its President of Products Dageville Benoit unloaded Company’s shares for reported $5.47 million on May 08 ’25. In the deal valued at $175.00 per share,31,250 shares were sold. As a result of this transaction, Dageville Benoit now holds 65,054 shares worth roughly $11.33 million.

Then, Dageville Benoit bought 31,250 shares, generating $5,468,750 in total proceeds.

Before that, Dageville Benoit sold 6,250 shares. Snowflake Inc shares valued at $1,050,000 were divested by the President of Products at a price of $168.00 per share. As a result of the transaction, Dageville Benoit now holds 65,054 shares, worth roughly $11.33 million.

Macquarie initiated its Snowflake Inc [SNOW] rating to a Neutral in a research note published on April 02, 2025; the price target was $160. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. Monness Crespi & Hardt also remained covering SNOW and reiterated its “Buy” recommendation on February 27, 2025. BTIG Research revised its rating on February 20, 2025. It rated SNOW as “a Buy” which previously was an “a Neutral”.

Price Performance Review of SNOW

On Friday, Snowflake Inc [NYSE:SNOW] saw its stock jump 0.10% to $174.14. Over the last five days, the stock has gained 3.86%. Snowflake Inc shares have risen nearly 12.78% since the year began. Nevertheless, the stocks have risen 9.46% over the past one year. While a 52-week high of $194.40 was reached on 02/18/25, a 52-week low of $107.13 was recorded on 04/07/25. SMA at 50 days reached $155.25, while 200 days put it at $145.71.

Levels Of Support And Resistance For SNOW Stock

The 24-hour chart illustrates a support level at 171.97, which if violated will result in even more drops to 169.81. On the upside, there is a resistance level at 176.33. A further resistance level may holdings at 178.52. The Relative Strength Index (RSI) on the 14-day chart is 68.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 10.64, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.84%. Stochastics %K at 95.04% indicates the stock is a selling.

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