Snowflake Inc. (NYSE:SNOW) is among the 10 Best Consensus Buy-Rated Stocks to Invest in. On February 11, 2026, Goldman Sachs lowered its price target on Snowflake Inc. (NYSE:SNOW) to $246 from $286 previously but still maintained a Buy rating ahead of the company’s fourth-quarter report, saying it expects solid fundamentals that demonstrate resilience relative to the broader software sector. That same day, RBC Capital reduced its price target on Snowflake Inc. (NYSE:SNOW) to $245 from $300 previously and kept an Outperform rating as part of a broader Q4 software preview. The firm cited negative investor sentiment toward software and said it prefers companies with a clearer path to AI monetization and consolidation across cyber, data and infrastructure, and vertical SaaS. RBC also updated its price target models to reflect significant year-to-date multiple compression.
On February 2, 2026, Snowflake Inc. (NYSE:SNOW) announced a multi-year, $200 million collaboration with OpenAI aimed at helping enterprises derive more value from proprietary data using AI. The agreement makes OpenAI models natively available to Snowflake’s 12,600 global customers through Snowflake Cortex AI across all three major clouds and includes joint go-to-market initiatives focused on deploying AI agents across enterprise environments.
Snowflake Inc. (NYSE:SNOW) provides a cloud-based data platform that enables organizations to consolidate data, build applications, and apply artificial intelligence to generate business insights.
While we acknowledge the potential of SNOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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