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Shares of Snowflake (SNOW 2.14%) jumped 4.5% on Feb. 27 following the release of the company's fiscal 2025 fourth-quarter results (for the three months ended Jan. 31) the previous day. The stock's jump was well deserved, as it crushed Wall Street's expectations by a big margin.
Snowflake's (SNOW 2.14%) stock initially skyrocketed after its IPO in September 2020. The cloud-based data warehousing company went public at $120, and it more than doubled to $245 on its first trade before setting a record high of $401.89 in November 2021.
Snowflake reported strong Q4'25 earnings, with adjusted EPS of $0.30 and $987M in revenue, surpassing expectations and showing 28% Y/Y product revenue growth. Despite a slight decline in net retention rate, Snowflake's free cash flow grew 28% YoY, maintaining a robust 42% free cash flow margin. For FY 2026, Snowflake projects $4.28B in product revenues with a 24% Y/Y growth rate and a solid 75% gross margin.
Snowflake Inc. (NYSE:SNOW ) Citizens JMP Technology Conference Call March 4, 2025 1:30 PM ET Company Participants Michael Scarpelli - Chief Financial Officer Conference Call Participants Unidentified Analyst So look, we're just delighted to have Snowflake and Michael Scarpelli, the CFO joining us today, which -- how many years -- when was the IPO? Michael Scarpelli 2020, September '20.
Snowflake is poised for impactful growth in AI applications, potentially driving margin expansion in the coming quarters. Management guided 24% product revenue growth and improved margins for eFY26, driven by new capabilities and partnerships, including Microsoft, enhancing AI agent development and data migration features. Management will be focusing on improving Snowflake's operating leverage in eFY26 by enhancing operations with AI and targeted hiring across its business units.
Snowflake's growth is decelerating despite AI hype, with product revenue growth slowing to 21–22% for FQ1. The AI data company shows discipline in share buybacks, avoiding high prices while holding plenty of cash. Snowflake's AI products are still a small part of its business, with significant partnerships but limited impact on growth.
Snowflake (SNOW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Snowflake plans to expand its startup accelerator with $200 million in additional commitments, the tech giant that specializes in cloud-based data storage said Thursday.
Snowflake ( NASDAQ:SNOW ) is proving the turnaround strategy is working.
Shares of Snowflake Inc SNOW were climbing in early trading on Thursday, after the company reported upbeat fourth-quarter results.
Shares of data company Snowflake (SNOW 7.53%) popped on Thursday after the company reported financial results for its fiscal fourth quarter of 2025. The quarter ended in January and showcased better-than-expected growth.