FMP
May 15, 2024 1:13 PM - Davit Kirakosyan
BofA Securities analysts reduced the price target on Snowflake (NYSE:SNOW) to $200 from $212, while continuing to give the stock a Neutral rating.
The analysts discussed the expected Q1 results for Snowflake, scheduled for release on May 22. To forecast product revenue, the analysts refer to Similarweb data on total page views from the April BofA Cloud View report, noting a strong correlation (79%) between this data and product revenue. Analyzing trends, they observe that total page views in February were above typical monthly seasonality, showing a 6.2% month-over-month increase, compared to the usual 1.4%.
However, March saw a slight dip with an 11.1% increase, compared to an expected 13%, and April's figures were significantly lower, with a 19.1% decrease month-over-month, compared to an anticipated 10.7% decline.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...