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 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.
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
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.
SNOW's third-quarter fiscal 2025 results reflect continuing growth in product revenues, driven by customer-base expansion.
Snowflake stock was rising Thursday after a strong earnings report, while Nvidia stock was in the red.
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.
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.
Snowflake Inc (NYSE:SNOW) stock is up 31.1% to trade at $169.31at last glance, on track for its best-ever single-day percentage gain after the software maker reported a third-quarter earnings beat o 20 cents per share and better-than-expected revenue of $942 million.
Snowflake is one of the fastest-growing tech stocks out there, but also very expensive.
Snowflake's shares surged more than 24% in premarket trading on Thursday after the data analytics provider raised its annual product revenue forecast, signaling growing demand for cloud-based data storage and analytics.