Snowflake Inc (SNOW) gets rating Initiated from Wells Fargo

Jaxson Clark

Snowflake Inc’s recently made public that its Founder and Chief Architect Dageville Benoit unloaded Company’s shares for reported $6.61 million on Nov 13 ’25. In the deal valued at $264.45 per share,25,000 shares were sold. As a result of this transaction, Dageville Benoit now holds 50,519 shares worth roughly $12.98 million.

Then, Dageville Benoit bought 25,000 shares, generating $6,611,250 in total proceeds.

Before that, Speiser Michael L sold 50,338 shares. Snowflake Inc shares valued at $12,952,123 were divested by the Director at a price of $257.30 per share. As a result of the transaction, Speiser Michael L now holds 33,596 shares, worth roughly $8.63 million.

Wells Fargo initiated its Snowflake Inc [SNOW] rating to an Overweight in a research note published on October 01, 2025; the price target was $275. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who remained covering the stock and in late August has reiterated a ‘”a Buy”‘ rating for it. BofA Securities also remained covering SNOW and has increased its forecast on August 20, 2025 with a “Buy” recommendation from previously “Neutral” rating. Stephens started covering the stock on July 18, 2025. It rated SNOW as “an Overweight”.

Price Performance Review of SNOW

On Friday, Snowflake Inc [NYSE:SNOW] saw its stock jump 0.04% to $257.02. Over the last five days, the stock has lost -2.22%. Snowflake Inc shares have risen nearly 104.86% since the year began. Nevertheless, the stocks have risen 66.45% over the past one year. While a 52-week high of $280.67 was reached on 11/03/25, a 52-week low of $120.10 was recorded on 04/07/25.

Levels Of Support And Resistance For SNOW Stock

The 24-hour chart illustrates a support level at 246.93, which if violated will result in even more drops to 236.84. On the upside, there is a resistance level at 263.39. A further resistance level may holdings at 269.75.

How much short interest is there in Snowflake Inc?

A steep rise in short interest was recorded in Snowflake Inc stocks on 2025-10-31, growing by 1.95 million shares to a total of 12.7 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-30 was 10.75 million shares. There was a rise of 15.39%, which implies that there is a positive sentiment for the stock.

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