Core Viewpoint - Snowflake's shares have experienced significant upward momentum following a strong fiscal first-quarter earnings report and increased guidance, with the stock up approximately 32% year-to-date and nearly 57% since early April [1] Group 1: Financial Performance - Snowflake reported a 26% year-over-year revenue growth, achieving over $1 billion in quarterly revenue for the first time, totaling $1.04 billion, surpassing the analyst consensus of $1.01 billion [6] - Product revenue increased by 26% to $996.8 million, while adjusted earnings per share (EPS) rose to $0.24 from $0.14 a year ago, exceeding the consensus estimate of $0.21 [6] - The company's net revenue retention rate was 124% over the past 12 months, indicating strong customer retention and expansion [7] Group 2: Customer Growth and AI Integration - Snowflake added 451 net new customers in fiscal Q1, representing a 19% year-over-year increase, and two large customers signed contracts exceeding $100 million despite delays in renewals [8] - The Cortex AI platform has been well-received, with over 5,200 accounts utilizing its AI and machine learning capabilities weekly, enhancing connectivity and integration with platforms like Google Drive [5][4] Group 3: Future Guidance - Snowflake raised its full-year product revenue guidance to approximately $4.325 billion, reflecting a 25% year-over-year growth, with fiscal Q2 product revenue forecasted between $1.035 billion to $1.045 billion [9] - The company anticipates an 8% operating income margin for both the full year and fiscal Q2 [9] Group 4: Market Position and Valuation - Despite a strong performance in 2025, Snowflake's stock remains about 50% down from its peak in fall 2021, which was considered overvalued at that time [11] - The forward price-to-sales (P/S) multiple is over 12x for this fiscal year's analyst estimates, indicating a fair valuation for a high-growth software-as-a-service (SaaS) company [13] - The ongoing challenge will be to demonstrate that AI positively impacts the business, which the company has been successfully managing so far [14]

Core Insights - Snowflake's recent earnings report highlights significant growth in revenue and customer acquisition, indicating strong market demand for its cloud data platform [1] Financial Performance - The company reported a substantial increase in revenue, showcasing a year-over-year growth rate of 13.36% [1] - The earnings report reflects a positive trend in financial metrics, suggesting robust operational performance [1] Market Position - Snowflake continues to strengthen its position in the cloud data services industry, attracting new customers and expanding its market share [1] - The company's performance is indicative of the growing reliance on cloud-based data solutions across various sectors [1]

The data cloud company's ambitious plan to integrate artificial intelligence into its products is hurting Snowflake's bottom line.An investment in growth stock Snowflake (SNOW 13.36%) is a bet that the company can achieve impressive economies of scale as it grows. Today, the company regularly reports big losses. But investors hope that losses will shrink both in absolute terms and as a percentage of sales over time. Looking even further out, Snowflake bulls are betting that losses will eventually swing to s ...

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]