Snowflake's stock price target has been raised multiple times by various analysts following its strong fourth-quarter earnings report. Citi increased its price target to $230 from $225, while Canaccord and Jefferies both set their targets at $220, up from $190 and $201, respectively. Cantor Fitzgerald raised its target to $228, citing that Snowflake is well-positioned to benefit from the increasing adoption of AI workloads. The positive market reaction to Snowflake's earnings contrasts with the performance of Nvidia and Salesforce, which did not meet investor expectations. Snowflake's earnings report is part of a busy earnings week, with several companies, including Nvidia and Salesforce, also set to report results after market close on February 26, 2025.