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Top Analyst Sees 85% Upside for Snowflake Stock, Says AI Fears Had It Backwards: 'The Game Has Changed'

Jul 29, 2026 · 09:34 AM ET· updated 2h ago
Top Analyst Sees 85% Upside for Snowflake Stock, Says AI Fears Had It Backwards: 'The Game Has Changed'

Wells Fargo raised Snowflake's price target to $500, saying AI agents and rising customer spending could drive nearly 85% upside.

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Why It Matters

A big investment bank thinks Snowflake could grow a lot because companies are spending more money on AI tools that use Snowflake's service. When smart experts think a company will do better, it's worth noticing—but remember, predictions can change.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.