Core Insights - JR Research is recognized as a top analyst in technology, software, and internet sectors, focusing on growth and GARP strategies [1] - The investment approach emphasizes identifying attractive risk/reward opportunities with strong price action to generate alpha above the S&P 500 [1][2] - The investment group Ultimate Growth Investing specializes in high-potential opportunities across various sectors with a focus on robust fundamentals and turnaround plays [3] Investment Strategy - The strategy combines price action analysis with fundamental investing to identify growth opportunities with significant upside potential [2] - The focus is on avoiding overhyped stocks while targeting battered stocks that have recovery potential [2] - The investment outlook typically spans 18 to 24 months for the thesis to materialize [3] Target Audience - The group is designed for investors looking to capitalize on growth stocks with strong fundamentals, buying momentum, and attractive valuations [3]

Snowflake (SNOW) reported first-quarter fiscal 2026 non-GAAP earnings of 24 cents per share, beating the Zacks Consensus Estimate by 9.09%. The company reported earnings of 14 cents per share in the year-ago quarter.Revenues of $1.04 billion beat the consensus mark by 3.74% and rallied 25.7% year over year. Americas, EMEA (Europe, the Middle East and Africa) and APJ (Asia Pacific and Japan) contributed 78%, 16% and 6% to revenues, respectively.Snowflake shares gained 10.88% in pre-market trading. Its shares ...

Snowflake Inc. signage on the floor of the New York Stock Exchange in New York, US, on Jan. 2, 2025.Snowflake shares jumped 12% on Thursday, climbing to their highest level since early last year after the data analytics company reported better-than-expected quarterly results.Revenue in the fiscal first quarter of 2026 jumped 26% to $1.04 billion from $828.7 million a year earlier, and topped the $1.01 billion average LSEG estimate. It's the first time the company, which went public in 2020, has recorded mor ...

Snowflake TodaySNOWSnowflake$199.26 +20.14 (+11.24%) 52-Week Range$107.13▼$201.10Price Target$213.00Add to WatchlistSnowflake’s NYSE: SNOW FQ1 2025 results and guidance update have laid to rest concerns raised by the sudden CEO change last year. The results reveal a game-changing shift, affirming the outlook for sustained 20%+ top-line growth over the long term, growth that will be coupled with widening margins. The takeaway for investors is that the news and market reaction lifted the stock price by 10% w ...

At nearly 80 times FCF, Snowflake stock looks really expensive.Snowflake (SNOW 11.38%) stock floated 8.9% higher through 10:25 a.m. ET Thursday after the company posted top- and bottom-line "beats" in its first-quarter earnings report last night.Heading into the report, Wall Street analysts forecast Snowflake to earn $0.21 per share on $1.01 billion in revenue. In fact, Snowflake earned $0.26 per share on sales of $1.04 billion. Snowflake's Q1 earningsThe provider of artificial intelligence (AI) software r ...

Group 1 - Snowflake Inc's stock is reaching 52-week highs, up 10.7% to $198.28, following an increase in its full-year product revenue forecast [1] - The company's first-quarter earnings exceeded estimates, and revenue met expectations, prompting at least 20 analysts to raise their price targets [1] - Year-to-date, Snowflake shares have increased by 27.3%, with the stock trading at its highest level since February 2024 [2] Group 2 - Snowflake's stock has experienced significant trading activity, with options volume reaching 10 times the typical amount, indicating bullish sentiment among investors [3] - A total of 116,000 call options were traded compared to 52,000 put options, with the 200-strike call being the most popular [3] - There has been a notable shift in investor sentiment, as the 10-day put/call volume ratio is higher than 97% of readings from the past year, indicating a more bearish outlook prior to the recent developments [4]

Core Insights - Yuki, a leader in Snowflake cost optimization, has launched its enterprise-grade platform on AWS Marketplace, allowing seamless procurement and deployment for Snowflake customers [1][4] - The platform offers a fully automated approach to cost optimization, continuously monitoring usage patterns and adjusting workloads in real-time without manual oversight [2][3] Group 1: Product Features - Yuki's solution eliminates inefficiencies in Snowflake environments, ensuring they are right-sized and cost-efficient [4] - The deployment process is fast and frictionless, requiring no changes to existing queries or data pipelines [4] Group 2: Market Positioning - Yuki is specifically designed for enterprises that struggle with controlling Snowflake costs at scale, making it easier for organizations to adopt an automation-first solution [3]

For the quarter ended April 2025, Snowflake Inc. (SNOW) reported revenue of $1.04 billion, up 25.8% over the same period last year. EPS came in at $0.24, compared to $0.14 in the year-ago quarter.The reported revenue represents a surprise of +3.74% over the Zacks Consensus Estimate of $1 billion. With the consensus EPS estimate being $0.22, the EPS surprise was +9.09%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...

Snowflake Inc. (SNOW) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this company would post earnings of $0.17 per share when it actually produced earnings of $0.30, delivering a surprise of 76.47%.Over the last four quarters, the company ha ...

Financial Data and Key Metrics Changes - Product revenue for Q1 was $997 million, representing a strong 26% year-over-year growth, and 28% when excluding the impact of the leap year [10][25] - Remaining performance obligations totaled $6.7 billion, with year-over-year growth of 34% [10] - Net revenue retention was a healthy 124% [11] - Non-GAAP product gross margin was 75.7%, and non-GAAP operating margin was 9%, up 442 basis points year-over-year [27][28] - Non-GAAP adjusted free cash flow margin was 20% [28] - The company ended the quarter with $4.9 billion in cash and investments [29] Business Line Data and Key Metrics Changes - New product offerings, particularly Snowpark and Dynamic Tables, outperformed expectations in Q1 [25] - The data engineering business showed strength, helping customers streamline their data pipelines [12] - The company added 451 net new customers in Q1, growing 19% year-over-year [27] Market Data and Key Metrics Changes - Strong growth was noted in the technology and retail sectors [25] - The company is expanding its addressable market with the launch of Snowflake Public Sector Inc. and new automotive solutions [22] Company Strategy and Development Direction - The company aims to empower enterprises through data and AI, focusing on operational rigor and efficiency while investing in growth [9] - Snowflake is committed to being an end-to-end technology provider for customers' data journeys [11] - The company is focusing on building a flexible connectivity platform for both structured and unstructured data [12] - There is a renewed focus on go-to-market operations under the new Chief Revenue Officer [21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong start to the year and the ongoing momentum in revenue growth [8] - The company expects Q2 product revenue between $1.035 billion and $1.040 billion, representing 25% year-over-year growth [29] - Management noted that customer behavior is being closely monitored to inform forecasts [29] Other Important Information - The company plans to host an Investor Day on June 3 in conjunction with Snowflake Summit [30] - The company is leveraging AI internally to boost productivity [22] Q&A Session Summary Question: Consumption trends exiting the quarter - Management stated that Q1 consumption was strong, and they feel good about consumption levels [34][36] Question: Monetization trends associated with Cortex - Management indicated that customers are investing in Snowflake to make their data processes AI-ready, with no separate contracts for AI [39][41] Question: Performance of Snowpark and Dynamic Tables - Management noted that both product maturation and go-to-market efforts contributed to their strong performance [45][47] Question: Federal government opportunities - Management highlighted increasing awareness of Snowflake's capabilities within government departments and optimism for future engagements [72][73] Question: Impact of macroeconomic conditions - Management observed that their customer base has evolved to include larger, more mature companies that are cost-focused, with no significant macro pressure noted [61][62] Question: Share buyback strategy - Management plans to evaluate share buybacks on a quarterly basis and anticipates utilizing the remaining authorization [56] Question: AI adoption and customer investments - Management confirmed that there is a strong demand for AI-related capabilities, with customers increasingly focusing on data rather than just models [113]