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（紐約證券交易所：SNOW）股價週三上漲。該股票似乎正在從週一公司宣佈進行定向增發可轉換優先票據後的回調中恢復。
The Details:
細節：
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.
在公司宣佈擬發行價值10億美元的到期日爲2027年和10億美元的到期日爲2029年的可轉換優先票據進行定向增發給機構投資者後，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.
週三，雪花宣佈了該發行的定價初始換股率，分別爲2027年和2029年的票據每1000美元本金對應6.3492股，或每股157.50美元，較9月24日的股價溢價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.
週二，羅森布拉特分析師布萊爾·阿伯內西維（Blair Abernethy）維持了對雪花的買入評級，並將目標股價定爲180美元，並強調了該公司的財務狀況，現金爲39億美元，沒有債務。
"In our view, the company is issuing the proposed Notes from a position of financial strength," Abernethy wrote.
「在我們看來，公司正在從財務實力的位置發行擬議的票據，」 阿伯內西維寫道。
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.
雪花股票週三交易活躍，股價上漲。根據彭博專業版的數據，該交易日的成交量已經超過了該股票的日均成交量的兩倍。
Will SNOW Stock Go Up?
SNOW股票會上漲嗎？
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.
當嘗試評估Snowflake是否會從當前水平上升時，查看分析師的預測是個好主意。
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.
華爾街分析師對snowflake平均12個月的目標價爲165.48美元。最高目標爲220美元，最低目標爲121美元。在所有覆蓋snowflake的分析師中，有19位給予肯定評級，10位給予中立評級，沒有人給予負面評級。
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.
在過去一個月裏，一位分析師調整了價格目標。以下是最近價格目標變化的一瞥[分析師評級]。Benzinga還追蹤華爾街最準確的分析師。看看過去分析snowflake的分析師表現如何。
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.
股票不會呈直線上升。股市平均回報率約爲每年10%。snowflake今年迄今下跌38.42%。平均分析師價格目標表明該股未來可能還有上漲空間。
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.
要了解有關Snowflake的全面概述，請訪問此處。如果您想超越一切，沒有比Benzinga Pro更好的工具來幫助您做到這一點了。立即開始免費試用。
SNOW Price Action: According to Benzinga Pro, Snowflake shares are up 1.70% at $114.41 at the time of publication Wednesday.
snowflake股價走勢：根據Benzinga Pro，截至本文發佈時，本週三snowflake股價上漲1.70%，報114.41美元。
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