NEW YORK, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Yuki, the real-time Snowflake cost optimization platform, today announced the launch of its Budget Page, a new feature that provides enterprises with clear, real-time visibility into Snowflake costs. With the Budget Page, organizations can govern spend by department, project, or workload and set flexible budgets that align with financial goals, all while driving transparency across teams. “If you’re waiting for your Snowflake invoice to understand spend, you’re a ...

Core Viewpoint - Snowflake Inc. is highlighted as a stock to watch due to its strong earnings growth and momentum driven by AI and data centers [1][2] Financial Performance - Snowflake is experiencing earnings growth at 94% and product revenue growth at 32% [2] - Operating margins have increased by 610 basis points [2] - Shares of Snowflake rose by 53% during the second quarter and have nearly doubled from their September lows [3] Strategic Positioning - The company is in the early stages of leveraging data collection and scaling its operations, which is expected to enhance its momentum in the AI and data center sectors [2] - Snowflake's AI strategy is becoming clearer, with ambitions to enable real-time data analysis through AI agents, either via its own applications or secure third-party applications [3][4] - The company's consumption-based pricing model allows it to adapt to changes in demand on a quarterly basis, contributing to its stock volatility [4]

Core Insights - Whales have adopted a bullish stance on Snowflake, with 47% of trades reflecting bullish expectations and 37% bearish [1] - The projected price targets for Snowflake range from $150.0 to $300.0, indicating significant interest from large investors [2] - Analysts have a consensus target price of $268.0 for Snowflake, with individual targets ranging from $250.0 to $285.0 [10][11] Options Trading Activity - A total of 70 options trades were detected for Snowflake, with 21 puts totaling $1,133,777 and 49 calls totaling $3,749,796 [1] - Noteworthy options activity includes a bearish call trade with a total price of $1.0 million at a strike price of $175.00 and a bullish call trade priced at $226.0K with a strike price of $220.00 [8] - The volume and open interest data for Snowflake's options indicate a strong liquidity and interest in the $150.0 to $300.0 strike price range over the last 30 days [3] Company Overview - Snowflake, founded in 2012, is a cloud-native platform that consolidates data across public clouds for analytics and governance [9] - The company's products support various use cases, including business analytics, data engineering, and artificial intelligence, and are widely used by Fortune 2000 companies [10] - The stock price of Snowflake is currently at $216.13, down 4.28%, with upcoming earnings expected in 64 days [13]

Core Insights - Snowflake (SNOW) is experiencing significant growth driven by a strong portfolio of innovative products and services, with approximately 250 new capabilities launched in the first half of fiscal 2026 [1][2] Customer Growth and Adoption - In Q2 FY26, Snowflake added 533 new customers, including 15 Global 2000 companies, raising the total customer count to over 12,000 [3][10] - A record 50 customers surpassed the $1 million mark in trailing 12-month revenue, bringing the total of $1 million-plus customers to 654 [3] AI-Driven Solutions - Nearly 50% of new customers in Q2 FY26 were influenced by AI-driven solutions, with 25% of all deployed use cases including AI [4][10] - Over 6,100 accounts utilize Snowflake's AI features weekly [4] Strategic Partnerships - Snowflake's partnerships with OpenAI, Anthropic, and Microsoft Azure are enhancing its AI capabilities and expanding its market reach [5] Competitive Landscape - Snowflake faces strong competition from Microsoft and ServiceNow, both of which are enhancing their AI-driven solutions [6][7] - Microsoft is integrating OpenAI into its Azure Synapse and Fabric offerings, positioning itself as a formidable competitor [6] Financial Performance - Snowflake shares have appreciated 46.2% year to date, outperforming the broader Zacks Computer & Technology sector's return of 18.8% and the Zacks Internet Software industry's increase of 22.2% [8] - The forward 12-month Price/Sales ratio for Snowflake is 14.60X, significantly higher than the industry's 5.82X [11] Earnings Estimates - The consensus estimate for Snowflake's fiscal 2026 earnings is $1.15 per share, reflecting a 38.55% year-over-year increase and a 7.47% rise over the past 30 days [13]

Core Insights - The article discusses the investment coverage initiation of Snowflake (NYSE: SNOW) stock in August 2024, highlighting initial skepticism regarding its profitability [1]. Group 1: Company Overview - Snowflake's stock did not inspire confidence at the time of coverage initiation due to concerns over its real profitability [1]. Group 2: Investment Analysis Features - Beyond the Wall Investing offers a fundamentals-based portfolio, weekly analysis from institutional investors, and regular alerts for short-term trade ideas based on technical signals [1]. - The platform also provides ticker feedback upon request and includes a community chat feature for discussions [1].

Core Insights - The article discusses the investment coverage initiation of Snowflake (NYSE: SNOW) stock in August 2024, highlighting initial skepticism regarding its profitability [1]. Group 1: Company Overview - Snowflake's stock did not inspire confidence at the time of coverage initiation due to concerns over its real profitability [1]. Group 2: Investment Analysis Features - Beyond the Wall Investing offers a fundamentals-based portfolio, weekly analysis from institutional investors, and regular alerts for short-term trade ideas based on technical signals [1]. - The platform also provides ticker feedback upon request and includes a community chat feature for discussions [1].

Group 1 - Peraton announced a collaboration with Snowflake to assist the government in combating Fraud, Waste, and Abuse (FWA) using Rapid FI [1]

Market Performance - The NASDAQ index gained 197 points or 0.90% to reach 22339, with a high of 22340.91 [1] - The S&P index increased by 31 points or 0.47% to 6614.69, with an earlier high of 6619.62, indicating potential for a new record close [1] - The Dow industrial average declined by 48 points or -0.11% to 45787.66, with companies like Amgen, McDonald's, Sherwin-Williams, and 3M contributing to the downturn [2] - The small-cap Russell 2000 rose by 7.69 points or 0.32% to 2404.73 [2] Notable Stock Movements - Tesla surged by 6.45% following reports of Elon Musk purchasing about $1 billion in Tesla stock, indicating strong bullish momentum [3] - Chewy increased by 5.42% due to optimism for continued demand growth in online pet supplies [3] - ASML ADR rose by 5.37% driven by strong semiconductor sector momentum and robust chip equipment demand [3] - Western Digital gained 5.24% as memory chip recovery prospects improved [3] - Roblox climbed by 4.55% on sustained growth expectations in gaming and metaverse engagement [3] - Tapestry increased by 4.34% supported by strong consumer discretionary flows and luxury retail optimism [3] - Intel advanced by 4.05% due to chip sector strength and AI-related tailwinds [3] - Alphabet A rose by 3.65% on steady ad revenue momentum and AI growth prospects [3] - Oracle increased by 3.28% following upbeat sentiment around its cloud and AI-driven enterprise services [3] - GameStop Corp climbed by 3.07% as retail interest in meme-related stocks remains elevated [3] - Snowflake edged higher by 2.76% with continued confidence in data and AI-related demand [3] - Snap increased by 2.66% on improving advertising sentiment [3] - Stellantis NV ticked up by 2.64% supported by global auto demand and EV outlook [3] - CrowdStrike Holdings advanced by 2.31% on strong cybersecurity sector momentum [3]

AI Industry Insights - Wall Street is evaluating quarterly results from major AI companies to understand market health and hyperscaler demand [1] - Strong results and forecasts from top AI companies indicate that the AI revolution is in its early stages [1] - High compensation packages for tech talent reflect increasing demand in the AI sector [2][3] Kraft Heinz Co (NASDAQ:KHC) - Kraft Heinz plans to split into two companies, which could increase the value of its pieces to the mid-30s [7][8] - The company is experiencing a shift towards premium offerings, despite a sluggish food and beverage industry [8] - Speculation exists regarding Berkshire Hathaway potentially reducing its stake in Kraft Heinz [8] Home Depot Inc (NYSE:HD) - Home Depot is being purchased amid expectations of a rate cut, with a new cycle of home renovations anticipated [9][10] - The company is expected to benefit from upgrades in both retail and multifamily sectors as consumer spending increases [10] Snowflake Inc (NYSE:SNOW) - Snowflake's earnings growth is driven by AI and data centers, with a 94% growth in earnings and a 32% increase in product revenue [12] - The company is positioned to capitalize on the evolving data analytics market, especially with its AI strategy [12] Tesla Inc (NASDAQ:TSLA) - Tesla's stock is viewed as a "meme stock" with a high valuation, facing challenges from competitors and declining sales [13][14] - Tesla's global sales fell 14% year-over-year in Q2, with a significant drop in California's market share [14] Oracle Corp (NYSE:ORCL) - Oracle's shares surged after reporting strong quarterly results, expecting booked revenue to exceed $0.5 trillion [17][20] - The company is transitioning to a cloud-based subscription model, which is anticipated to drive faster growth over time [20] Apple Inc (NASDAQ:AAPL) - Apple is under scrutiny following the release of the iPhone 17, with mixed expectations regarding a potential upgrade cycle [21][24] - New U.S. tariffs and regulatory scrutiny are impacting Apple's margins and growth prospects [24] Broadcom Inc (NASDAQ:AVGO) - Broadcom is seen as an expensive but viable alternative for less advanced chips, with a projected $6.2 billion in AI revenue for the fiscal fourth quarter [26][27] - The company has secured significant AI infrastructure orders, potentially from OpenAI [26]

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)---- $SNOW #TheAIDataCloud--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced that Fortune awarded Snowflake the number one spot on its 2025 Fortune Future 50â"¢ list. Fortune's annual list recognizes publicly traded and venture- backed private companies for their resilience and potential for sustainable growth amid a volatile global economy. This marks the second time Snowflake has topped the list in three years. "We're honored to be named to ...