Mizuho resets view on Snowflake stock after CRO change
View original at finance.yahoo.comMizuho resets view on Snowflake stock after CRO change Snowflake (SNOW) stock is starting to look interesting again. Shares are down about 30% this year while the company has just appointed a new chief revenue officer as it tries to reaccelerate growth and improve sales execution…
What we drew from this source
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A leadership change introduces near-term risks to pipeline continuity, deal timing, and expansion motion, just as the company tries to turn product momentum into usage growth
60% confidenceJB has been a key driver of Snowflake's success for the past ten years and has consistently proven his ability to deliver results at scale
60% confidenceProduct revenue growth in the second half of FY2026 coming in lighter than expected
60% confidenceMizuho sees over 40% upside for Snowflake stock with $220 price target
60% confidenceLeadership change introduces near-term risks to pipeline continuity, deal timing, and expansion motion, just as the company tries to turn product momentum into usage growth
60% confidenceJB has been a key driver of our success for the past ten years, and has consistently proven his ability to deliver results at scale
60% confidenceMizuho sees over 40% upside for Snowflake stock with $220 price target
60% confidenceThe next question is whether Q1 results show stable pipeline trends and continued customer expansion under the new CRO
60% confidence
Data points we hold from this source
| Snowflake Inc. · analyst target price | 239 USD |
| Snowflake Inc. · enterprise value | 50 USD |
| Snowflake Inc. · forward pe ratio | 84.3 ratio |
| Snowflake Inc. · implied upside | 55 percent |