Snowflake Inc.

SNOW

Bullish$363.95+19.00%1D · 2026-09-03

SettledOpen SNOW

Predicted move

+19.00%

Target $363.95

Actual move at settlement

+16.55%

Confirmed close $356.47

Both measured from $305.84 on 2026-09-02 · Target close 2026-09-03

Direction correct

Actual +16.55%Move error 2.45 pp75 / 100 points

How this is scored

Direction correct: 50 points. Move error of up to 0.5 / 1 / 2 / 3 / 5 percentage points earns 50 / 45 / 35 / 25 / 10 magnitude points; larger errors earn 0. A wrong direction can still earn magnitude points. A flat close matches neither direction. Points are not returns.

Thesis

Snowflake beat Q2 FY2027 estimates and raised FY product-revenue guidance to $6.07B from $5.84B; overnight trade is holding about a 25% premium to Wednesday's $305.84 close. Thursday is expected to lock in a large gap, with some fade from overnight highs more likely than a full reversal.

Chart

Full chart

Reference chart may include later prices. Settlement uses the confirmed target-date close above.

Discussion

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