Snowflake (SNOW) stock has already delivered a powerful rally in 2026, but Oppenheimer believes the data cloud company still has plenty of room to run. The firm raised its price target to $400 from $295 while maintaining an "Outperform" rating, representing a roughly 36% increase in its target.
The bullish call comes as Oppenheimer sees stronger consumption trends across regions and industries, along with accelerating adoption of Snowflake's AI coding agent, CoCo. For a company whose revenue depends heavily on how much customers use its platform, that is an important development.
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The bullish call comes as Oppenheimer sees stronger consumption trends across regions and industries, along with accelerating adoption of Snowflake's AI coding agent, CoCo. For a company whose revenue depends heavily on how much customers use its platform, that is an important development.
Mark Cuban Says If You Win The Lottery, Don't Take The Lump Sum — And Tell People Who Ask for Money No, But 'Be Nice. No One Likes a Mean Billionaire'
Analysts Keep Hiking Micron's Revenue and Price Forecasts - Shorting MU Puts Works Here
JPMorgan Just Upgraded Salesforce Stock. Here's Why.
#oppenheimer
28 days ago
