Snowflake: A Compelling Buy Opportunity Despite Recent Setbacks

Sundry Photography Since I last wrote about the data platform Snowflake (NYSE: SNOW) with a buy recommendation on March 4, 2024, it has been a downhill ride. The stock is down 23.46% compared to the S&P 500 Index (SPX), down 2.86% over the same period. When the company released its first quarter fiscal year ("FY") 2025 earnings report on May 22, 2024, it mostly added to the sour investor sentiment surrounding the company. The market was disappointed that the company missed analysts' non-GAAP (Generally  ...