NEW YORK, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Snowflake Inc. (NYSE: SNOW) and certain of its officers. This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Snowflake securities between June 27, 2023 and February 28, 2024, both dates i ...

Core Insights - SoundHound AI reported a non-GAAP EPS loss of $0.02, beating estimates by 80% and marking its smallest quarterly loss to date [1] - The company achieved full-year 2024 revenue of $84.7 million, reflecting an 85% year-over-year growth [1] - SoundHound raised its 2025 revenue guidance to a range of $165 million to $180 million, despite remaining unprofitable with a price-to-sales ratio exceeding 25x [1] Financial Performance - The non-GAAP EPS loss of $0.02 was significantly better than the estimated loss of $0.09, resulting in a 79.65% positive surprise [1] - The loss per share improved from -$0.05 in Q4 2024, indicating a trend towards breakeven [1] - Full-year 2024 revenue of $84.7 million was up approximately 85% year-over-year, with trailing twelve-month revenue through Q3 at $148.4 million [1] Management Outlook - CEO Keyvan Mohajer maintains a bullish outlook, emphasizing expansion in restaurants, automotive, and IoT sectors [1] - Analysts remain positive, with a consensus target price of $16.31, supported by seven Buy ratings against two Holds and no Sells [1] - For 2026, SoundHound projects revenue between $225 million and $260 million, driven by the adoption of its Agentic AI platform [1] Market Reaction - Following the earnings report, SoundHound's shares traded around $9, reflecting a nearly 15% increase over the past week [1] - The stock is currently trading below its 52-week high of $22.17 and its 200-day moving average of $12.35, indicating potential upside if execution remains strong [1]

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Snowflake To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Snowflake between June 27, 2023 and February 28, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 Â (Ext. 1310). [You may also click here for additional information] NEW YORK, Feb. 27, 2026 /PRNewswire/ --Â Faruq ...

Core Viewpoint - A class action lawsuit has been filed against Snowflake Inc. for allegedly misleading investors about its business prospects during a specified period, leading to significant stock price declines following the disclosure of negative financial forecasts [1][2][3]. Group 1: Allegations and Misleading Statements - The lawsuit claims that Snowflake made repeated positive statements about its business state, including customer usage and product developments, while failing to disclose material negative impacts from product efficiency gains and tiered storage pricing [2]. - It is alleged that these positive statements lacked a reasonable basis due to undisclosed factors that were expected to negatively affect consumption and revenues [2]. Group 2: Financial Disclosure and Stock Impact - On February 28, 2024, Snowflake disclosed its financial results for the quarter ended January 31, 2024, which included forecasts of increased revenue headwinds due to product efficiency gains and tiered storage pricing [3]. - Following this announcement, Snowflake's Class A common stock price fell by $41.72, or 18.14%, from $230.00 to $188.28 per share [3]. Group 3: Class Action Participation - Shareholders may be eligible to participate in the class action against Snowflake and can contact Robbins LLP if they wish to serve as lead plaintiffs [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 4: Company Background - Robbins LLP is noted as a leader in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [5].

LOS ANGELES--(BUSINESS WIRE)--SNOW Investors Have Opportunity to Lead Snowflake Inc. Securities Fraud Lawsuit with the DJS Law Group. ...

India is growing at a much faster pace than global markets for us, signalling that the adoption of Enterprise AI and managed data cloud platforms is leapfrogging here, Snowflake India MD Vijayant Rai said.“We today work with some of the largest digital natives in the country, and they are serving 90 to 100 million customers on a daily basis using the data and AI cloud platform, which we provide,” Rai told businessline in a recent interaction. He sees sectors such as financial services and manufacturing to b ...

Core Viewpoint - Snowflake Inc. is facing a class action lawsuit for alleged violations of securities laws, specifically for making false and misleading statements regarding its financial performance and operational challenges [1]. Group 1: Lawsuit Details - The class action lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - The class period for the lawsuit is from June 27, 2023, to February 28, 2024, with a deadline for participation set for April 27, 2026 [1]. - The complaint alleges that Snowflake's pricing changes and efficiency gains by customers negatively impacted its consumption levels and revenues, while the company continued to make optimistic claims about its future performance [1]. Group 2: Implications for Shareholders - Shareholders who purchased shares during the class period are encouraged to contact the DJS Law Group regarding potential lead plaintiff appointments, although such appointments are not necessary to recover losses [1]. - The lawsuit highlights the potential for significant financial implications for shareholders who may have suffered losses due to the alleged misleading statements made by the company [1].

Steve Koenig from Macquarie sets a price target of $177 for NYSE:SNOW, indicating a potential upside of approximately 2.28%.Snowflake is involved in a securities fraud lawsuit, which could have significant implications for the company.Despite legal challenges, SNOW's stock shows resilience with a current price of $173.06, reflecting an increase of 2.28%.Snowflake Inc. (NYSE:SNOW) is a prominent player in the cloud-based data warehousing industry. The company provides a platform that enables businesses to co ...

Macquarie updates Snowflake Inc. (NYSE: SNOW) rating to Neutral, advising investors to hold.Rosen Law Firm initiates a class action lawsuit for investors who purchased Snowflake's Class A common stock between June 27, 2023, and February 28, 2024.The stock price of Snowflake shows a 2.28% increase, with a current price of $173.06 amidst ongoing legal proceedings.Snowflake Inc. (NYSE: SNOW) is a leading cloud-based data-warehousing company that competes with tech giants like Amazon Web Services and Microsoft ...

[Table_Page] 公告点评|软件开发 证券研究报告 [Table_Title] 星环科技-U（688031.SH） 25 年营收重回高增长，认知数据库锋芒显露 [Table_Summary] 核心观点： 盈利预测： | [Table_ 单位 Finance] :人民币百万元 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业收入 | 491 | 371 | 448 | 518 | 595 | | 增长率（ % ） | 31.7% | -24.3% | 20.5% | 15.8% | 14.8% | | EBITDA | -259 | -283 | -213 | -85 | -49 | | 归母净利润 | -288 | -343 | -245 | -109 | -73 | | 增长率（ ） % | - | - | - | - | - | | EPS（元/股） | -2.39 | -2.84 | -2.03 | -0.90 | -0.60 | | 市盈率（P/E） | - | - | - ...