J Studios Snowflake's AI Winter Snowflake Inc. (NYSE:SNOW) investors felt the AI winter in August 2024, as the stock of the data lakehouse company scored a new low. The recent dip-buying from SNOW's August lows saw a significant reversal this week as investors reassessed Snowflake's weak guidance at its recent earnings scorecard. The company posted a double-beat in Snowflake's FQ2 earnings release, although its outlook likely disappointed the market. SNOW's guidance suggests that FQ3's revenue is expect ...

artisteer/iStock via Getty Images I published my bull thesis for Snowflake Inc. (NYSE:SNOW) in March 2024, highlighting their expansion into data cloud, powering data sharing, analytics and marketplace listing and more. The company released its Q2 FY25 results on August 21st. Despite beating the market consensus, Snowflake’s stock price got a hit due to the concerns about the cyberattack occurred in May. I reiterate a “Strong Buy” with a one-year price target of $210 per share. Impact From Cyberattack A ...

Snowflake (SNOW) shares were down more than 12% following the second-quarter fiscal 2025 results. It reported terrific results driven by strong adoption of its solutions. Snowflake’s product revenues jumped 29.5% year over year to $829.3 million and accounted for 95.4% of fiscal second-quarter total revenues.  For fiscal 2025, SNOW now expects product revenues to increase 26% year over year to $3.36 billion, better than the previous guidance of $3.3 billion and 24% year-over-year growth. Nevertheless, the g ...

Sridhar Ramaswamy, CEO of Snowflake and formerly co-founder and CEO of startup Neeva, speaks at the Collision conference in Toronto on June 21, 2022.Shares of Snowflake fell 13% on Thursday after the data cloud analytics company released fiscal second-quarter 2025 earnings that beat Wall Street's estimates but showed decelerating product revenue growth compared to past quarters.Snowflake reported $869 million in revenue, above the $851 million expected by analysts polled by LSEG. The company reported $829.3 ...

Snowflake is one of the fastest-growing tech stocks out there, but also very expensive.In this video, I will cover Snowflake's (SNOW -13.72%) second-quarter earnings, which were better than expected. Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Aug. 21, 2024. The video was published on Aug. 21, 2024. ...

Fokusiert/iStock via Getty Images The market is not reacting well to Snowflake Inc.'s (NYSE:SNOW) just-reported earnings. This comes after a tumultuous 2024 year-to-date performance for the AI-cloud company already. It looks set to drop heavily today, though the stock is up off the August 5th Japanese Yen Carry trade crash low. The stock recovered to $135 from its 52-week low of $107.93 on August 5th. Now, the thing is, despite a still sky-high valuation, and earnings that were good, but not good enough, we ...

The data storage and analytics company delivered solid revenue growth in Q2, but it's still losing money on a GAAP basis.Shares of Snowflake (SNOW -12.95%) were sliding Thursday morning after the cloud-based data warehousing company posted quarterly results that beat analysts' estimates, but didn't seem to be enough to please investors. Investors also appeared disappointed with the company's falling profits and management's guidance.As of 11:10 a.m. ET, the stock was down by 13%. A good (but not good enough ...

Company Performance - Snowflake reported total revenue of $868.8 million for Q2 FY25, a 29% year-over-year increase, driven by a 30% surge in product revenue to $829.3 million [2] - The company achieved a net revenue retention rate of 127% for Q2 FY25, indicating strong customer retention and expansion [3] - Snowflake reported 510 customers with trailing 12-month product revenue over $1 million, a significant increase from the prior year, and serves 736 Forbes Global 2000 customers [4] - Remaining Performance Obligations (RPO) grew 48% year-over-year to $5.2 billion, signaling strong future revenue potential [5] - Non-GAAP operating income improved to $43.7 million, compared to an operating loss in the same period last year [5] Market Position and Growth Drivers - Snowflake is a leader in the rapidly growing cloud data platform market, benefiting from the increasing importance of data and analytics in business decision-making [1] - The company's unique architecture, which separates computing and storage, offers greater flexibility, scalability, and cost-effectiveness compared to traditional data warehousing solutions [8][9] - Snowflake's focus on innovation, including investments in AI and machine learning, enhances its competitive position and value proposition [9] Financial and Strategic Initiatives - Snowflake's board authorized an additional $2.5 billion for its stock repurchase program, signaling confidence in the company's future and commitment to shareholder value [7] - Despite strong Q2 performance, the stock declined nearly 8% in after-hours trading due to weaker-than-expected guidance and concerns about profitability and competitive pressures [6][10] Industry Trends - The broader market trend towards cloud computing and the increasing need for scalable data solutions create a tailwind for Snowflake's business [8] - Competitive pressures from companies like Databricks and concerns about Snowflake's progress in AI are contributing to market sentiment [6]

Aside from the semiconductor producers, another benefactor of the artificial intelligence (AI) driven rally has been the cloud server sector, in which Snowflake (NYSE: SNOW) has been an up-and-coming candidate.A beat on earnings per share of $0.18 compared to $0.16 and revenue of $869 million compared to the expected $852 million in Snowflake’s Q2 earnings report on August 21 has prompted the leadership to raise its guidance for the upcoming quarter and the full financial year of 2025.However, Snowflake’s C ...

herstockart/iStock via Getty Images Investment Thesis Snowflake (NYSE:SNOW) delivered fiscal Q2 2025 earnings, which saw its stock slip 8% after hours. But details matter. It wasn't so much a lack of beats that drove its stock lower because Snowflake not only beat on the top line and the bottom line, but it also revised higher its growth rates for its fiscal year. The issue is that Snowflake carries a premium valuation, while its profitability profile cannot match investors' high expectations. More conc ...