Snowflake Inc. (SNOW)
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.
Bessemer's Byron Deeter talks Snowflake's big trading day
Byron Deeter, Bessemer Venture Partners partner, joins 'Closing Bell Overtime' to talk Snowflake's best trading day ever.
Nvidia, Snowflake and BEN Ride AI Surge in Q3
Nvidia reported Q3 revenue of $35.1 billion, up 94% from last year with data center sales reaching $30.8 billion. Fellow tech firms showed mixed results, with Snowflake growing 29% to $900 million in revenue, while artificial intelligence (AI) startup BEN recorded $50,000 in its first significant quarterly sales amid mounting losses.
Snowflake Q3: Sustainable Valuation And Strong Management (Rating Upgrade)
Snowflake Inc. achieved 48.5% growth since August, with $900M in Q3 product revenue and a 127% retention rate, but valuation remains high, requiring cautious investment. Q3 gross margin at 76% and partnerships with Nvidia and AWS enhance AI and data cloud leadership, though stock-based compensation pressures profitability. Stress-tested valuation suggests a 32.68%-47.91% margin of safety, justifying a Buy rating for high-risk, high-reward investors at a moderate portfolio weight.
Snowflake stock jumps 33% on Thursday, analysts see more upside potential
Snowflake Inc (NYSE: SNOW) rallied more than 30% this morning on the back of a solid third quarter and raised guidance for the full year. Still, Kash Rangan – a Goldman Sachs analyst is convinced you haven't missed the boat in SNOW as it's poised for continued gains ahead.
SNOW Soars with AMZN A.I. Partnership & Earnings Beat
Snowflake (SNOW) saw a massive rally to the upside after reporting an earnings beat and raised guidance. The company will double down on its A.I.
Here's Why Snowflake Stock Skyrocketed Today
Here's Why Snowflake Stock Skyrocketed Today
Chart of the Day: Snowflake
Snowflake is our Chart of the Day as it surges after earnings. Brad Gerstner and Stephanie Link both own it and Stephanie is buying more.
Snowflake Q3 Earnings Beat Estimates, Revenues Rise Y/Y, Stock Up
SNOW's third-quarter fiscal 2025 results reflect continuing growth in product revenues, driven by customer-base expansion.
Snowflake Stock Is Having Its Best Day. Why Its Earnings Overshadow Nvidia's.
Snowflake stock was rising Thursday after a strong earnings report, while Nvidia stock was in the red.
Why Snowflake stock is surging
In the midst of the AI bull run, various sympathy plays have emerged — primarily in the tech sector. Data cloud business Snowflake (NYSE: SNOW) is in such a position, but SNOW shares have lagged behind the wider market throughout most of 2024.
Why Snowflake Stock Is Still a Buy After Earnings
Snowflake stock is surging Thursday after cloud company beat expectations for its third quarter and raised its full-year outlook. Here's what you need to know.
