YahooOctober 17, 2026 at 4:20 PM NY9 Days Ago
Snowflake Stock Fell 8% on Friday. Here’s What Could Drive a Recovery in 2026
Key Stats for Snowflake StockFriday’s Performance: -8%52-Week Range: $118 to $385Valuation Model Target Price: Around $420Implied Upside: 37%What Happened?Wall Street’s biggest question surrounding Snowflake Inc. (NYSE: SNOW) is whether accelerating enterprise AI demand can justify the company’s premium valuation as investors grow increasingly cautious about technology spending.
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