Snowflake Rises 22% Year to Date: Buy, Sell or Hold the Stock?

Snowflake (SNOW) shares have surged 21.7% year to date, outperforming the Zacks Computer and Technology sector’s appreciation of 1.6% and the Zacks Internet Software industry’s return of 19.3%. Snowflake’s prospects are robust, driven by a strong portfolio and an expanding partner base. The company has been benefiting from strong Artificial Intelligence (AI) adoption. At the end of the third quarter of fiscal 2025, SNOW had more than 1,000 deployed use cases. Currently, more than 3,200 accounts use SNOW’s A ...