Snowflake's Data Cloud market could reach a $342 billion TAM by 2028, expanding growth opportunities for its AI-powered platform. Product revenue growth averaged 52% CAGR from 2022-2024, reaching $2.67 billion in fiscal 2024 with sustained double-digit expansion. High-value clients, including 510 generating over $1 million, increased 28% YoY, enhancing Snowflake's stable, recurring revenue base.
The latest trading day saw Snowflake Inc. (SNOW) settling at $118.39, representing a +0.9% change from its previous close.
Snowflake Inc. (SNOW) closed the most recent trading day at $113.60, moving -1.65% from the previous trading session.
Oppenheimer analyst Ittai Kidron looked for companies whose earnings could surprise the Street.
Snowflake (SNOW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
With a P/E near 200, Snowflake is more than just a value investing nightmare
Snowflake Inc. (SNOW) reachead $119.03 at the closing of the latest trading day, reflecting a +0.11% change compared to its last close.
If the company already had plenty of money, why did it need more?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
SNOW's near-term prospects suffer from stiff competition and growing GPU-related costs despite an expanding portfolio and strong partner base.
Snowflake Inc. (SNOW) closed at $124.03 in the latest trading session, marking a +0.19% move from the prior day.
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.