Snowflake Stock

Snowflake Market capitalization 2024

Snowflake Market capitalization

56.97 B USD

Ticker

SNOW

ISIN

US8334451098

WKN

A2QB38

In 2024, Snowflake's market cap stood at 56.97 B USD, a -9.06% increase from the 62.65 B USD market cap in the previous year.

The Snowflake Market capitalization history

YEARMarket Capitalization (undefined USD)
202456.97
202351.16
202255.09
202179.24
202076.47
2019-

Snowflake Aktienanalyse

What does Snowflake do?

Snowflake Inc. is a company that was founded in 2012 and has its headquarters in Bozeman, Montana, and its operational headquarters in San Mateo, California. The company specializes in the creation and implementation of cloud-based data solutions and is known for being one of the fastest-growing cloud companies. The business model of Snowflake Inc. includes a combination of software and service offerings. The company utilizes the cloud platform to enable customers to manage and analyze their data more efficiently. Snowflake offers a range of tools and features that allow companies to integrate and analyze data from various sources, thereby gaining valuable insights into their business processes. Snowflake Inc. specializes in three divisions - Data Warehousing, Data Lakes, and Data Ecosystems. Each of these divisions is focused on specific customer needs and provides specialized tools and features. Data Warehousing is the division that specializes in the creation of data warehouses. Here, data is extracted and stored in a specific format for later analysis. Snowflake offers a high-performance and scalable data warehousing solution in this division, enabling companies to process large amounts of data in real-time. Data Lakes is a division that focuses on storing data over an extended period of time. Companies can store large amounts of structured and unstructured data here and analyze it later. Snowflake offers a user-friendly and scalable solution in this division, helping companies store and analyze their data effectively. Data Ecosystems is a division that focuses on integrating data from various sources. Companies can extract data from different sources and store and analyze it in a shared environment. Snowflake offers an integrated and scalable data integration solution in this division, helping companies effectively integrate and analyze data from various sources. Another key aspect of Snowflake Inc.'s products and services is its powerful architecture. The company utilizes a combination of cloud-based technologies such as virtualization and multi-cluster architecture to offer a powerful and scalable solution. This allows companies to access and analyze data in real-time without worrying about scalability or performance. Snowflake Inc. also has partnerships with other companies to offer a wider range of products and services to its customers. The company has partnerships with various cloud providers such as Amazon Web Services, Google Cloud, and Microsoft Azure, as well as companies like Tableau, Alteryx, and Databricks. Overall, Snowflake Inc. is a leading provider of cloud-based data integration and analytics solutions that help companies gain valuable insights into their business processes. The company is growing rapidly and has a bright future in the field of data analytics. Snowflake ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Snowflake's Market Capitalization

Snowflake's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Snowflake's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Snowflake's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Snowflake’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Snowflake stock

What is the current Snowflake market capitalization?

The current market capitalization of Snowflake is 56.97 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Snowflake.

How has the market capitalization of Snowflake developed in recent years?

The market capitalization of Snowflake has increased/decreased by -9.06% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Snowflake?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Snowflake?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Snowflake have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Snowflake pay?

Over the past 12 months, Snowflake paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Snowflake is expected to pay a dividend of 0 USD.

What is the dividend yield of Snowflake?

The current dividend yield of Snowflake is .

When does Snowflake pay dividends?

Snowflake pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Snowflake?

Snowflake paid dividends every year for the past 0 years.

What is the dividend of Snowflake?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Snowflake located?

Snowflake is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Snowflake kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Snowflake from 11/28/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/28/2024.

When did Snowflake pay the last dividend?

The last dividend was paid out on 11/28/2024.

What was the dividend of Snowflake in the year 2023?

In the year 2023, Snowflake distributed 0 USD as dividends.

In which currency does Snowflake pay out the dividend?

The dividends of Snowflake are distributed in USD.

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Andere Kennzahlen von Snowflake

Our stock analysis for Snowflake Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Snowflake Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.