Analyst Price Target News: NVIDIA, Snowflake, BILL – August 28th, 2025

By: Matthew Otto

Snowflake Reports 32% Revenue Growth and EPS Beat in Q2 Fiscal 2026

Snowflake reported second quarter fiscal 2026 revenue of $1.14 billion, exceeding consensus estimates of $1.09 billion. Earnings per share came in at $0.38, $0.11 above analyst expectations of $0.27. Product revenue reached $1.09 billion, representing 32% year-over-year growth. The company posted a net revenue retention rate of 125%.

Customer metrics expanded, with 654 customers generating more than $1 million in trailing 12-month product revenue, a 30% increase from the prior year. Snowflake also reported 751 Forbes Global 2000 customers, up 5% year over year. Remaining performance obligations rose to $6.9 billion, a 33% increase from the prior year.

Profitability and cash flow results showed a mixed picture. Product gross profit was $788.2 million with a 72% margin, while adjusted gross profit reached $833.6 million with a 76% margin. Snowflake reported an operating loss of $340.3 million, equal to -30% of revenue, while adjusted operating income was $127.6 million, or 11% of revenue.

Net cash provided by operating activities totaled $74.9 million, representing 7% of revenue. Free cash flow was $58.2 million, with adjusted free cash flow at $67.8 million, equivalent to 5% and 6% of revenue, respectively.

Looking ahead, Snowflake projected third quarter product revenue between $1.125 billion and $1.13 billion, representing 25% to 26% year-over-year growth, and full-year fiscal 2026 product revenue of $4.395 billion, a 27% increase from the prior year.

Analysts Lift Snowflake Price Targets by an Average of 20% Following Q2 Results

KeyBanc analyst Eric Heath maintained an Overweight rating while raising the price target from $250 to $275.
Bernstein analyst Mark Moerdler kept a Market Perform rating and lifted the price target from $191 to $221.
JMP Securities analyst Joe Goodwin reiterated a Market Outperform rating as the price target increases from $260 to $283.
Needham analyst Mike Cikos continued with a Buy rating but raised the price target from $230 to $280.
Piper Sandler analyst Brent Bracelin upheld an Overweight rating while moving the price target from $215 to $285.

Which Analyst has the best track record to show on SNOW?

Analyst David Hynes (CANACCORD) currently has the highest performing score on SNOW with 10/10 (100%) price target fulfillment ratio. His price targets carry an average of $55.8 (33.98%) potential upside. Snowflake stock price reaches these price targets on average within 134 days.

BILL Delivers FY25 Revenue Growth but FY26 Outlook Falls Short of Expectations

BILL announced financial results for the fourth quarter and fiscal year ended June 30, 2025. Fourth-quarter revenue was $383.3 million, up 12% from the prior year and above the consensus estimate of $376.5 million. Core revenue grew 15% to $345.9 million, with subscription fees at $68.8 million, up 5%, and transaction fees at $277.1 million, up 18%. Float revenue contributed $37.4 million.

Quarterly earnings per share were $0.53, $0.12 ahead of the analyst estimate of $0.41. Gross profit reached $309.8 million with an 80.8% margin, while operating loss was $22.3 million, similar to the year-ago quarter. Net loss was $7.1 million, compared to net income of $7.6 million a year earlier. The company processed $86 billion in payment volume and 33 million transactions during the quarter, increases of 13% and 18%, respectively.

For the full fiscal year, revenue rose 13% to $1.46 billion, with core revenue increasing 16% to $1.30 billion. Subscription fees were $272.1 million, up 6%, while transaction fees rose 19% to $1.03 billion. Float revenue totaled $161.8 million. Gross profit was $1.19 billion, representing an 81.4% margin, compared with $1.06 billion, or 81.8%, in the prior year. Operating loss narrowed to $80.6 million from $174.2 million previously, while net income reached $23.8 million versus a loss of $28.9 million a year earlier.

Looking ahead, BILL provided guidance for Q1 FY26 with expected revenue between $385 million and $395 million, compared to consensus of $393.9 million, and projected EPS of $0.49 to $0.52, slightly below consensus of $0.53. For FY26, the company forecasts revenue of $1.59 billion to $1.63 billion versus consensus of $1.63 billion, and EPS between $2 and $2.2 compared to consensus of $2.09.

Analysts Adjust BILL Ratings with Average Price Target Down 6%

Evercore ISI Group analyst Peter Levine maintained an In-Line rating but lowered the price target from $50 to $48.
Canaccord Genuity analyst Joseph Vafi kept a Buy rating and the price target at $75.
Needham analyst Scott Berg reiterated a Buy rating and the price target at $75.
Piper Sandler analyst Clarke Jeffries downgraded from Overweight to Neutral and the price target from $70 to $50.

Which Analyst has the best track record to show on BILL?

Analyst Will Nance (GOLDMAN SACHS) currently has the highest performing score on BILL with 8/14 (57.14%) price target fulfillment ratio. His price targets carry an average of $13.27 (28.40%) potential upside. Bill.com stock price reaches these price targets on average within 47 days.

NVIDIA Results Surpass Expectations, Outlook Remains Cautiously Strong

NVIDIA reported second-quarter revenue of $46.7 billion, up 6% sequentially and 56% from a year earlier, compared with consensus expectations of $46.1 billion. Earnings per share came in at $1.04, topping the analyst estimate of $1.01. Net income rose 59% year-over-year to $26.4 billion, while operating income reached $28.4 billion, up 31% from the prior quarter.

Data center revenue totaled $41.1 billion, a 5% increase sequentially and 56% higher from a year ago, though below some analyst forecasts. Within that segment, compute sales were $33.8 billion, down 1% from the prior quarter due to reduced H20 shipments, while networking revenue nearly doubled year-over-year to $7.3 billion.

Blackwell data center sales rose 17% sequentially. Outside of data centers, gaming revenue was $4.3 billion, up 14% from Q1 and 49% year-over-year, while professional visualization reached $601 million, and automotive revenue was $586 million, marking annual growth of 32% and 69%, respectively.

For the third quarter of fiscal 2026, NVIDIA projected revenue of $54 billion, plus or minus 2%, compared with consensus expectations of $53.46 billion. The company noted that its outlook does not assume any H20 sales to China. Gross margins are expected to be approximately 73.3% to 73.5%, with operating expenses forecast at $5.9 billion. Other income is projected at $500 million, and the tax rate is anticipated to be 16.5%, plus or minus 1%.

Analysts Reaffirm NVIDIA Ratings as Price Targets Rise by an Average of 8%

Wedbush analyst Matt Bryson reiterated an Outperform rating and a $210 price target.
Truist Securities analyst William Stein kept a Buy rating but lifted the price target from $210 to $228.
Cantor Fitzgerald analyst C.J. Muse reaffirmed an Overweight rating and a $240 price target.
Keybanc analyst John Vinh maintained an Overweight stance, yet raised the target from $215 to $230.
Bernstein analyst Stacy Rasgon continued with an Outperform rating as the target increased from $185 to $225.
Benchmark analyst Cody Acree sustained a Buy rating and boosted the price target from $190 to $220.
Needham analyst N. Quinn Bolton reiterated a Buy rating and a $200 target.

Which Analyst has the best track record to show on NVDA?

Analyst John Vinh (KEYBANK) currently has the highest performing score on NVDA with 22/23 (95.65%) price target fulfillment ratio. His price targets carry an average of $39.6 (22.58%) potential upside. NVIDIA stock price reaches these price targets on average within 140 days.