Snowflake Inc. (NYSE: SNOW ) reported a mixed Q3 ’25 earnings result on November 20, 2024 , as sales growth moderated to 28% with the adjusted operating margin declining to 6.25%, down from 9.80% in Q3 ’24. Despite theMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Industrials, Information Technology, ...

Key TakeawaysWedbush upgraded Snowflake as the analysts predicted that the artificial intelligence software era is here.Wedbush said Snowflake was in the "sweet spot" to benefit from AI product demand.The analysts added that it was time for the broader software sector to "get in on the AI party." Shares of Snowflake (SNOW) gained about 3% Monday afternoon as Wedbush upgraded the stock, saying the cloud software provider is in the "sweet spot" to benefit from the booming demand for artificial intelligence (A ...

Wedbush Securities analyst Daniel Ives has significantly increased his optimism on the next phase of the AI revolution, focusing on its transformative impact on the software sector.The analyst projects a monumental shift driven by generative AI adoption, enterprise consumption, and large language model (LLM) launches. As a result, Ives has upgraded Snowflake Inc SNOW and Elastic NV ESTC to Outperform and raised price targets for Palantir Technologies Inc PLTR and Salesforce Inc CRM to reflect their enhanced ...

Last week, data company Snowflake (SNOW 5.17%) reported financial results for its fiscal third quarter of 2025. The market responded favorably to the report as evidenced by a big jump in Snowflake's stock price. Today, the price is rising yet again, with Snowflake stock up 4% as of 10 a.m. ET. But it had been up more than this earlier in the day.This morning, Wedbush analyst Dan Ives published a report stating that artificial intelligence (AI) is starting to revolutionize the software space and noted that S ...

It had been a very difficult year for Snowflake (SNOW -2.28%) stock going into its fiscal 2025 third-quarter earnings report. Then investors got something to cheer about in its results and the stock skyrocketed higher. The stock was still down about 15% on the year as of the time of this writing, but that's a big improvement from just a few months ago. Let's take a closer look at the cloud-based data warehousing company's Q3 earnings results to see if the turnaround in the stock can continue. A turn to prof ...

Shares of Snowflake (NYSE: SNOW ) surged 33% on Thursday, the day after the cloud-based data company reported much better than expected third fiscal quarter earnings and raised its outlook for FY 2025. Snowflake is seeing strong customer acquisition momentum which resulted in higherAnalyst’s Disclosure: I/we have a beneficial long position in the shares of SNOW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving com ...

The company reported increases in several critical categories in the most recently completed quarter.*Stock prices used were the afternoon prices of Nov. 19, 2024. The video was published on Nov. 21, 2024. ...

Snowflake NYSE: SNOW shares wallowed near long-term lows for years as concerns about slowing growth and financial health weighed on sentiment, but the times have changed. The Q3 results reveal persistent strength, swelling client counts, and depending penetration of services, revealing its industry-leading position in data management and value for investors. The news includes significant increases in all metrics that provide leverage to the bottom line and greatly improve the financial outlook. The company ...

Since I published my 'Strong Buy' thesis on Snowflake (NYSE: SNOW ) in August 2024, the stock price has surged by more than 48%. I discussed the potential impact from their cyberattack in the previous article. Snowflake delivered a strongMore than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid ...

Nvidia reported Q3 revenue of $35.1 billion, up 94% from last year with data center sales reaching $30.8 billion. Fellow tech firms showed mixed results, with Snowflake growing 29% to $900 million in revenue, while artificial intelligence (AI) startup BEN recorded $50,000 in its first significant quarterly sales amid mounting losses.Nvidia’s Results Hit $35.1B on AI SurgeNvidia reported third-quarter revenue of $35.1 billion, up 94% from a year ago and 17% from the previous quarter, as AI computing drives u ...