Snowflake Continues To Catch Up With New AI Workloads
Snowflake Inc.'s sales growth slowed to 28%, with adjusted operating margin dropping to 6.25%, prompting a focus on cost management and go-to-market strategy to boost growth. Despite AI/ML feature expansions and strategic partnerships, Snowflake's functionality lags competitive CSPs that offer more robust AI & analytics capabilities. Snowflake is facing a migration out of its storage service as customers adopt Iceberg, or the ability to leverage external data sources on Snowflake's platform.
Snowflake Stock Rises as Wedbush Notes AI 'Sweet Spot' in Upgrade
Shares of Snowflake (SNOW) gained about 3% Monday afternoon as Wedbush upgraded the stock, saying the cloud software provider is in the "sweet spot" to benefit from the booming demand for artificial intelligence (AI) products.
Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks
Wedbush Securities analyst Daniel Ives has significantly increased his optimism on the next phase of the AI revolution, focusing on its transformative impact on the software sector.
Options Trades in SNOW and PLTR
Wedbush upgrades Snowflake (SNOW) and raises its price target for Palantir (PLTR). Alex Coffey looks at the analyst calls and places example options trades in both SNOW and PLTR.
Here's Why Snowflake Stock Popped Again Today
Last week, data company Snowflake (SNOW 5.16%) reported financial results for its fiscal third quarter of 2025. The market responded favorably to the report as evidenced by a big jump in Snowflake's stock price.
Snowflake upgraded as AI ‘revolution' hits its ‘next gear' with software, one analyst says
Silicon Valley-based Snowflake is “in the sweet spot” to benefit from wider use of AI among businesses over the next 12 to 18 months, according to Wedbush analyst Dan Ives.
Snowflake Shares Soar as Outlook Brightens. Is It Too Late to Buy the Stock?
It had been a very difficult year for Snowflake (SNOW -2.28%) stock going into its fiscal 2025 third-quarter earnings report. Then investors got something to cheer about in its results and the stock skyrocketed higher.
Snowflake: Why I Am Not Selling A Single Share
Snowflake's Q3 earnings exceeded expectations, with $0.20 adjusted EPS and $942M in revenue, driving a 33% stock surge on Thursday. Strong customer acquisition, near-30% top line growth and an increase in FY 2025 revenue guidance affirm Snowflake's growth potential. Snowflake's free cash flow margin improved sequentially, and the platform generated a solid $78.2M in FCF in Q3.
Should You Buy Snowflake Stock After Its Spectacular Earnings Results?
The company reported increases in several critical categories in the most recently completed quarter.
Snowflake Melts Up as Analysts Shift Gears; Higher Prices To Come
Snowflake NYSE: SNOW shares wallowed near long-term lows for years as concerns about slowing growth and financial health weighed on sentiment, but the times have changed. The Q3 results reveal persistent strength, swelling client counts, and depending penetration of services, revealing its industry-leading position in data management and value for investors.
My Snowflake Position is Up 33% in a Day—Here's What I'm Doing Next
Snowflake (NYSE:SNOW) stock is fresh off its best day ever, melting up by nearly 33% in a single day.
Snowflake Q3: Firing On All Cylinders
Snowflake's stock surged 48% since my 'Strong Buy' rating in August 2024; I reiterate a 'Strong Buy' with a $215 price target. SNOW's strategic partnership with Anthropic will enhance Cortex AI, driving significant growth and adoption among existing customers. Q3 FY25 results showed 28.3% YoY revenue growth, 55% RPO growth, and a net retention rate of 127%, prompting raised full-year guidance.
