Snowflake (NYSE:SNOW) reported an impressive EPS of 18 cents in its second-quarter earnings for 2025, surpassing market expectations.
Mark Schappel of Loop Capital Markets has revised his price target for SNOW to $185, indicating a potential upside of approximately 40.24%.
The company showcased strong financial health with a net cash provided by operating activities of about $69.87 million and a healthy free cash flow of approximately $64.82 million.
Snowflake (NYSE:SNOW), a leading cloud-based data warehousing company, has recently made headlines with its impressive second-quarter earnings for 2025, outperforming market expectations in terms of both earnings per share (EPS) and revenue. The company, known for its innovative approach to data storage and analytics, reported an EPS of 18 cents, indicating a strong financial performance. This news has sparked interest among investors and analysts alike, as Snowflake continues to demonstrate its growth potential in the competitive cloud computing market.
Following this positive earnings report, Mark Schappel of Loop Capital Markets has revised his price target for SNOW, setting it at $185. This new target suggests a significant potential upside of approximately 40.24% from its current trading price of $131.92. This adjustment, as reported by TheFly, reflects a more optimistic outlook on Snowflake’s future performance, despite a reduction from a previous target of $225. The adjustment in the price target underscores the confidence in Snowflake’s growth trajectory and its ability to capitalize on the expanding demand for cloud-based solutions.
In the financial details of its recent quarter, Snowflake revealed a net cash provided by operating activities of about $69.87 million, showcasing its operational efficiency. However, the company also reported substantial investments, with a net cash used for investing activities of approximately $384.08 million and a net cash used in financing activities of around -$490.55 million. These figures highlight Snowflake’s aggressive investment in growth and expansion, despite the high costs associated with such strategies.
The company’s capital expenditure for the quarter was nearly -$5.04 million, leading to a free cash flow of approximately $64.82 million. This indicates that Snowflake is managing to maintain a healthy cash flow, essential for supporting its ongoing operations and future growth initiatives. With a closing cash reserve of around $1.31 billion, down slightly from $1.35 billion at the beginning of the period, Snowflake appears well-positioned to continue its growth trajectory and invest in new opportunities.
Overall, Snowflake’s recent financial performance and the optimistic outlook from analysts suggest that the company is on a solid path. Its ability to exceed earnings expectations, coupled with strategic investments in its platform, positions Snowflake favorably in the competitive cloud computing industry. As it continues to expand its offerings and capitalize on the growing demand for cloud-based data solutions, Snowflake remains a company to watch in the coming years.