BNP Paribas has issued price targets for Snowflake, noting that the success of Databricks is influencing market sentiment regarding Snowflake.

The entities involved

• Snowflake Inc. →

  cloud-based data-warehousing startup

  • Snowflake Inc.'s stock declined following the announcement of a convertible debt offering.Mon 15:34
  • Snowflake Inc. filed required documents with the SEC regarding institutional investment activity on June 18, 2026.Mon 11:32
• BNP Paribas →

  French bank and financial services company

  • Rising oil prices are posing a material challenge, with brokerage reports indicating inflation is rising to 4.8%.Mon 11:10
  • Deutsche Bank and BNP Paribas were entrusted with issuance mandates for green BTPs.Sat 15:25
• Databricks →

  American technology company

  • LiveRamp, Databricks, DoorDash, Adobe, and OpenAI have formed a partnership focused on agentic customer data platforms, commerce pipelines, and advertising tools.Mon 13:14
  • Genie and Databricks are integrating acquired company's features into their AI coworker platform.Fri 06:05

Related events

• TD Cowen, Morgan Stanley, Cantor Fitzgerald, Benchmark, and other firms adjusted price targets for Snowflake Inc. on August 31, 2026.Sep 1
• UBS maintains a Buy rating on Snowflake stock amid competition from Databricks and Microsoft.Aug 18
• Datadog's market moves are in sympathy with the revenue guidance provided by Snowflake.Sep 3