What's Going On With Snowflake Stock?
What's Going On With Snowflake Stock?
On Wednesday, Snowflake announced the pricing of the offering with the initial conversion rate for both the 2027 and 2029 notes at 6.3492 shares per $1,000 principal, or $157.50 per share, a 40% premium to the stock price as of Sept. 24. Snowflake Inc. (NYSE:SNOW) shares are trading higher Wednesday. The stock appears to be recovering from a dip following the company's announcement on Monday of a private placement of convertible senior notes.
雪花股份有限公司（纽约证券交易所：SNOW）股价周三上涨。该股票似乎正在从周一公司宣布进行定向增发可转换优先票据后的回调中恢复。
The Details:
细节：
Snowflake shares fell after the company announced it intends to offer $1 billion worth of convertible senior notes due 2027 and $1 billion worth of convertible senior notes due 2029 in a private placement to institutional investors.
在公司宣布拟发行价值10亿美元的到期日为2027年和10亿美元的到期日为2029年的可转换优先票据进行定向增发给机构投资者后，雪花股票下跌。
On Wednesday, Snowflake announced the pricing of the offering with the initial conversion rate for both the 2027 and 2029 notes at 6.3492 shares per $1,000 principal, or $157.50 per share, a 40% premium to the stock price as of Sept. 24.
周三，雪花宣布了该发行的定价初始换股率，分别为2027年和2029年的票据每1000美元本金对应6.3492股，或每股157.50美元，较9月24日的股价溢价40%。
On Tuesday, Rosenblatt analyst Blair Abernethy maintained a Buy rating on Snowflake with a price target of $180 and highlighted the company's financial position with $3.9 billion in cash and no debt.
周二，罗森布拉特分析师布莱尔·阿伯内西维（Blair Abernethy）维持了对雪花的买入评级，并将目标股价定为180美元，并强调了该公司的财务状况，现金为39亿美元，没有债务。
"In our view, the company is issuing the proposed Notes from a position of financial strength," Abernethy wrote.
“在我们看来，公司正在从财务实力的位置发行拟议的票据，” 阿伯内西维写道。
Snowflake shares are trending higher on heavy trading Wednesday. According to data from Benzinga Pro, more than double the stock's average daily volume has already been traded in the session.
雪花股票周三交易活跃，股价上涨。根据彭博专业版的数据，该交易日的成交量已经超过了该股票的日均成交量的两倍。
Will SNOW Stock Go Up?
SNOW股票会上涨吗？
When trying to assess whether or not Snowflake will trade higher from current levels, it's a good idea to take a look at analyst forecasts.
当尝试评估Snowflake是否会从当前水平上升时，查看分析师的预测是个好主意。
Wall Street analysts have an average 12-month price target of $165.48 on Snowflake. The Street high target is currently at $220 and the Street low target is $121. Of all the analysts covering Snowflake, 19 have positive ratings, 10 have neutral ratings and no one has negative ratings.
华尔街分析师对snowflake平均12个月的目标价为165.48美元。最高目标为220美元，最低目标为121美元。在所有覆盖snowflake的分析师中，有19位给予肯定评级，10位给予中立评级，没有人给予负面评级。
In the last month, one analyst has adjusted price targets. Here's a look at recent price target changes [Analyst Ratings]. Benzinga also tracks Wall Street's most accurate analysts. Check out how analysts covering Snowflake have performed in recent history.
在过去一个月里，一位分析师调整了价格目标。以下是最近价格目标变化的一瞥[分析师评级]。Benzinga还追踪华尔街最准确的分析师。看看过去分析snowflake的分析师表现如何。
Stocks don't move in a straight line. The average stock market return is approximately 10% per year. Snowflake is 38.42% down year-to-date. The average analyst price target suggests the stock could have further upside ahead.
股票不会呈直线上升。股市平均回报率约为每年10%。snowflake今年迄今下跌38.42%。平均分析师价格目标表明该股未来可能还有上涨空间。
For a broad overview of everything you need to know about Snowflake, visit here. If you want to go above and beyond, there's no better tool to help you do just that than Benzinga Pro. Start your free trial today.
要了解有关Snowflake的全面概述，请访问此处。如果您想超越一切，没有比Benzinga Pro更好的工具来帮助您做到这一点了。立即开始免费试用。
SNOW Price Action: According to Benzinga Pro, Snowflake shares are up 1.70% at $114.41 at the time of publication Wednesday.
snowflake股价走势：根据Benzinga Pro，截至本文发布时，本周三snowflake股价上涨1.70%，报114.41美元。
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