Snowflake Stock Jumps on Better-Than-Expected Results, Outlook

Core Insights - Snowflake's shares increased by 13% in premarket trading following the release of better-than-expected financial results and a positive outlook driven by strong demand for AI products [2][4] - The company reported fiscal 2025 Q4 adjusted earnings per share (EPS) of $0.30, with revenue rising 27$986.8 million, surpassing analyst expectations of $0.18 EPS and$957.6 million in revenue [2][3] Financial Performance - Product revenue reached $943.3 million, reflecting a 28$955 million and $960 million, indicating a year-over-year growth of 21%-22% [3][4] Market Outlook - Management highlighted improved visibility into upcoming AI product launches, which are expected to drive significant growth acceleration in the second half of the fiscal year [3][4] - Citi analysts maintain a "buy" rating on Snowflake's stock, indicating confidence in the company's future performance [3]