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Down 23% This Year, Is It Finally Time to Buy Snowflake Stock?

Source: Motley Fool

2026-03-21 15:25:00 ET

Shares of data warehouse specialist Snowflake (NYSE: SNOW) have had a disappointing start to 2026. As of this writing, the growth stock is down about 23% year to date.

This steep decline, however, comes as the underlying business is showing impressive momentum -- at least on its top line. Additionally, the company's revenue growth rate is accelerating, benefiting from an artificial intelligence (AI) tailwind.

For investors who have been watching from the sidelines, a pullback like this in a fast-growing business can look like a tempting opportunity. Is the stock's recent weakness an opportunity?

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Intrawest Resorts Holdings Inc.

NASDAQ: SNOW

SNOW Trading

-1.96% G/L:

$169.665 Last:

1,590,693 Volume:

$173.64 Open:

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SNOW Latest News

SNOW Stock Data

$62,793,700,000
318,930,400
2.49%
715
N/A
Software & IT Services
Technology
US
Bozeman

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