Shares of Snowflake (SNOW 4.35%) traded higher on Thursday, jumping as much as 5.3%. By the time the market closed, the stock was still up 4.4%.The catalyst that sent the cloud stock higher was bullish commentary from a couple of Wall Street analysts.SNOW piling up in the forecastFirst out of the gate on Thursday were analysts at Bank of America ahead of Snowflake's fiscal 2024 fourth-quarter results, which are scheduled to be released on Feb. 28. BofA maintained a neutral (hold) rating on the stock but rai ...

The latest trading session saw Snowflake Inc. (SNOW) ending at $216.21, denoting a -1.76% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.13%. Meanwhile, the Dow gained 0.13%, and the Nasdaq, a tech-heavy index, lost 0.32%.Shares of the company have appreciated by 7.05% over the course of the past month, outperforming the Computer and Technology sector's gain of 2.15% and the S&P 500's gain of 2.99%.Investors will be eagerly watching for the performance o ...

The market expects Snowflake Inc. (SNOW) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended January 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 28, 2024, might help the stock move higher if these key numbe ...

Data cloud specialist Snowflake (SNOW -0.90%) has been a winner for some investors and a loser for others, depending on when they bought it. Since its initial public offering at $245 in 2020, shares have floundered.The stock trades a few percentage points below this level today, more than three years later. But for investors who bought sometime between late 2022 and in 2023, shares have surged. The stock is up more than 60% since the beginning of 2023 and 16% year to date, trouncing the S&P 500 in both peri ...

Snowflake Inc. (SNOW) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned +25.5%, compared to the Zacks S&P 500 composite's +4.6% change. During this period, the Zacks Internet - Software industry, which Snowflake Inc. falls in, has gained 16.1%. The key question now is: What could be the stock's future directio ...

Snowflake Inc. (SNOW) closed the most recent trading day at $232.16, moving -0.48% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.1%. At the same time, the Dow added 0.33%, and the tech-heavy Nasdaq lost 0.3%.Shares of the company witnessed a gain of 21.97% over the previous month, beating the performance of the Computer and Technology sector with its gain of 11.35% and the S&P 500's gain of 5.78%.The investment community will be closely monitoring the pe ...

Snowflake Inc. (SNOW) closed at $215.60 in the latest trading session, marking a -1.44% move from the prior day. This change lagged the S&P 500's daily loss of 0.32%. Elsewhere, the Dow saw a downswing of 0.71%, while the tech-heavy Nasdaq depreciated by 0.2%.The company's shares have seen an increase of 15.67% over the last month, surpassing the Computer and Technology sector's gain of 9.33% and the S&P 500's gain of 4.59%.Market participants will be closely following the financial results of Snowflake Inc ...

Snowflake (SNOW 9.41%) stock made big gains in Friday's trading. The data technology company's share price ended the daily session up 9.4%, according to data from S&P Global Market Intelligence.While there wasn't any company-specific news driving Snowflake higher today, the company's valuation benefited from strong earnings results published by leading cloud services providers. In particular, Amazon's better-than-expected fourth-quarter results helped give Snowflake's share price a major boost.Strong cloud ...

Snowflake Inc. (SNOW) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this company have returned +8.8%, compared to the Zacks S&P 500 composite's +2.9% change. During this period, the Zacks Internet - Software industry, which Snowflake Inc. falls in, has gained 7.2%. The key question now is: What could be the stock's future direction?Although media report ...

Snowflake Inc. (SNOW) ended the recent trading session at $206.25, demonstrating a -1.57% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.06%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq decreased by 0.76%.The company's stock has climbed by 5.3% in the past month, falling short of the Computer and Technology sector's gain of 6.36% and outpacing the S&P 500's gain of 3.36%.The investment community wil ...