After struggling since the spring, Snowflake (SNOW 2.38%) stock has surged much higher following the release of earnings for its fiscal 2025's third quarter (ended Oct. 31). After an abrupt leadership change and questions about how well it could compete amid the rise of artificial intelligence (AI), the company is again winning over customers and investors.Amid the renewed confidence in Snowflake stock, investors have gone from questioning whether it is a buy to asking whether it is too late to buy into thi ...

Sometimes, even the best investors in the world struggle to time the market.Warren Buffett is the CEO of Berkshire Hathaway (BRK.A 0.30%) (BRK.B 0.18%). Over his 59-year tenure, Berkshire stock has delivered a compound annual return of 19.8%, almost twice the average annual return in the S&P 500 over the same period. Therefore, it's no surprise that Wall Street watches Buffett's every move. He is on a selling spree this year, trimming several long-standing holdings in Berkshire's portfolio. Snowflake (SNOW ...

When I wrote about Snowflake (NYSE: SNOW ) in early March this year, I discussed why the stock had dropped from its highs after reporting its fourth-quarter fiscal 2024 earnings on February 28, 2024. Those reasons included disappointing earnings resultsI have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a engineering background, ...

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 ...

Core Insights - Wedbush Securities analyst Daniel Ives has increased optimism regarding the AI revolution's impact on the software sector, particularly through generative AI adoption and large language model launches [1][2]. Company Summaries - **Snowflake Inc (SNOW)**: Upgraded to Outperform with a price target raised to $190, supported by a 30x long-term free cash flow estimate. The company is expected to benefit significantly from the rise in AI use cases over the next 12 to 18 months [3][4]. - **Elastic NV (ESTC)**: Upgraded to Outperform with a new price target of $135, based on an 8x fiscal year 2026 enterprise value-to-revenue ratio. The company is strategically aligned with enterprises transitioning to next-generation platforms, with customers moving from legacy vendors to Elastic's AI-powered solutions [4][5]. - **Palantir Technologies Inc (PLTR)**: Price target raised from $57 to $75, leveraging a 38x long-term free cash flow target. The company's AIP strategy is expected to drive demand as enterprises recognize the value of AI across various use cases [5]. - **Salesforce Inc (CRM)**: Price target increased from $325 to $375, citing a 28x long-term EBITDA valuation. Rising customer enthusiasm for Salesforce's AI-integrated products is anticipated to drive the next wave of growth for the company [6]. Industry Overview - The software sector is entering an inflection point, with projections of $2 trillion in AI spending in the coming years. Enterprises are expected to adopt AI at scale by 2025, positioning companies like Snowflake, Elastic, Palantir, and Salesforce to benefit from this technological revolution [7].

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. ...