Snowflake: Rare Buying Opportunity Alert

Eoneren Introduction and investment thesis Last time I’ve covered Snowflake (NYSE:SNOW) following its FY24 Q3 earnings release, where I rated the company’s shares as a Strong Buy. Important new product launches, some of which are already contributing to revenues combined with stabilizing consumption trends and a decreased valuation premium have been my main arguments in favor of buying shares. Although the share price reaction following the FY24 Q4 earnings release proved my previous Strong Buy recommen ...