Q3 Earnings, Anthropic AI Deal, Analyst Price Targets and 2026 Outlook (Dec. 12, 2025)

Snowflake Inc. (NYSE: SNOW) is trading lower on Friday as investors digest a fast-moving mix of catalysts: a fresh quarterly report that beat expectations but included margin and growth debate, an expanded $200 million strategic partnership with Anthropic, and a steady stream of Wall Street price-target updates that underscore how split sentiment can be even inside a “Strong Buy” consensus.

As of 18:10 UTC (1:10 p.m. ET) on Dec. 12, 2025, SNOW shares were at $218.84, down 0.76% on the day after trading between $215.24 and $222.37.


What’s moving Snowflake stock on Dec. 12, 2025?

Snowflake’s day-to-day trading is happening against two overlapping backdrops:

  1. Company-specific digestion after earnings. Snowflake’s latest quarter…

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