What exactly changed in the SNOW analyst rating on Feb 26, 2026?

Macquarie maintained a **Neutral SNOW analyst rating** and lowered the price target to **$177** on **February 26, 2026**, according to the StreetInsider summary. The recommendation stayed Neutral while forward valuation assumptions were reduced.

Does the Macquarie change mean Snowflake is overvalued now?

A lowered price target signals Macquarie lowered upside versus prior forecasts, but it does not alone prove overvaluation. Assess valuation versus revenue growth, margins, and peer multiples before concluding overvaluation.

How should investors react to a maintained Neutral rating with a lower PT?

Investors should review upcoming earnings, compare analyst models, and consider position sizing. Short-term traders may respond to sentiment shifts, while long-term holders should check fundamentals and guidance.

Where can I track ongoing SNOW analyst rating updates?

Track real-time analyst coverage and price target changes on financial news sites and our Meyka AI platform. We provide rolling analyst updates, consensus views, and proprietary grades for ongoing monitoring.

Analyst Ratings

Macquarie Maintains Neutral on Snowflake Inc. (SNOW), PT Cut to $177 Feb 2026

ByDanny Kontos February 28, 2026

Macquarie maintained a Neutral SNOW analyst rating on Snowflake Inc. (SNOW) and lowered its price target to $177 on February 26, 2026. The firm left the underlying recommendation unchanged while trimming forward expectations, a move that signals caution on growth or valuation near term. Investors should note the firm’s formal action and the new price target when weighing position size or entry points. This update arrives against a market cap of $57,588,838,000 and follows ongoing scrutiny of Snowflake’s revenue cadence and margin progress.