Down 23% This Year, Is It Finally Time to Buy Snowflake Stock?
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?
NASDAQ: SNOW
SNOW Trading
-1.96% G/L:
$169.665 Last:
1,590,693 Volume:
$173.64 Open:



