Goldman Sachs Lowers its Price Target on Snowflake Inc. (SNOW) to $246 but Maintains a Buy Rating

3 weeks ago 17

Jeff Lewis

Sat, February 21, 2026 astatine 9:39 AM CST 2 min read

Snowflake Inc. (NYSE:SNOW) is among the 10 Best Consensus Buy-Rated Stocks to Invest in. On February 11, 2026, Goldman Sachs lowered its terms people connected Snowflake Inc. (NYSE:SNOW) to $246 from $286 antecedently but inactive maintained a Buy standing up of the company’s fourth-quarter report, saying it expects coagulated fundamentals that show resilience comparative to the broader bundle sector. That aforesaid day, RBC Capital reduced its terms people connected Snowflake Inc. (NYSE:SNOW) to $245 from $300 antecedently and kept an Outperform standing arsenic portion of a broader Q4 bundle preview. The steadfast cited antagonistic capitalist sentiment toward bundle and said it prefers companies with a clearer way to AI monetization and consolidation crossed cyber, information and infrastructure, and vertical SaaS. RBC besides updated its terms people models to bespeak important year-to-date aggregate compression.

On February 2, 2026, Snowflake Inc. (NYSE:SNOW) announced a multi-year, $200 cardinal collaboration with OpenAI aimed astatine helping enterprises deduce much worth from proprietary information utilizing AI. The statement makes OpenAI models natively disposable to Snowflake’s 12,600 planetary customers done Snowflake Cortex AI crossed each 3 large clouds and includes associated go-to-market initiatives focused connected deploying AI agents crossed endeavor environments.

Goldman Sachs Lowers its Price Target connected Snowflake Inc. (SNOW) to $246 but Maintains a Buy Rating

Snowflake Inc. (NYSE:SNOW) provides a cloud-based information level that enables organizations to consolidate data, physique applications, and use artificial quality to make concern insights.

While we admit the imaginable of SNOW arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None.

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