Key Takeaways NBIS surged 57% in a month, driven by AI demand and stronger global infrastructure plans. Q1 revenues grew 385% year over year; April ARR hit $310M with 2025 guidance set at $750M-$1B. Nebius deepened ties with NVIDIA and expanded globally, but still projects negative adjusted EBITDA for 2025.Nebius Group N.V. (NBIS) shares have gained 57.3% over the past month, outperforming the Zacks Computer & Technology sector and the Zacks Internet Software Services industry’s growth of 10.1% and 10.6%, ...

Key Takeaways QBTS soared 1281% after its system solved a real-world problem faster than a top classical supercomputer. D-Wave's Advantage2 boasts over 4.400 qubits, enhanced coherence and real-world enterprise deployments. QBTS leads RGTI and IONQ by proving practical quantum advantage and attracting high-profile commercial users.D-Wave Quantum Inc. (QBTS) , a prominent player in quantum annealing technologies, drew renewed attention following a series of material advancements across hardware, software a ...

Key Takeaways Guidewire Software, Inc (GWRE) reported non-GAAP earnings per share of 88 cents in third-quarter fiscal 2025 (ended April 30, 2025), up 238.5% year over year and beat the Zacks Consensus Estimate by 91.3%. The company reported revenues of $293.5 million, up 22% year over year. Revenues beat the Zacks Consensus Estimate by 2.7%. The figure also surpassed the company's guided range of $283-$289 million. This uptick was driven by solid sales activity. Guidewire Cloud continued to gain momentum in ...

GitLab (GTLB) shares have lost 14.8% year to date (YTD), underperforming the broader Zacks Computer and Technology sector’s 1.3% decline and the Zacks Internet Software industry’s return of 7%.GTLB shares have underperformed industry peers like ODDITY Tech Ltd. (ODD) , which has returned a whopping 71.2% over the same period.GitLab’s sharp stock price decline can be attributed to growing concerns over its ability to sustain growth amid rising AI competition, softening enterprise demand due to economic condi ...

Core Insights - Snowflake (SNOW) shares have increased by 11.7% since the release of its first-quarter fiscal 2026 results, driven by strong platform adoption and a net revenue retention rate of 124% as of April 30, 2025 [1] - The company has seen a year-to-date share price increase of 29.5%, outperforming the Zacks Computer and Technology sector, which decreased by 3.8%, and the Zacks Internet Software industry, which increased by 4.3% [2] - Snowflake's customer base has grown significantly, with 11,578 customers as of April 30, 2025, up from 9,741 customers a year earlier, and a net addition of 451 customers in the first quarter of fiscal 2026, representing a 19% year-over-year increase [2] Financial Performance - For the second quarter of fiscal 2026, Snowflake expects product revenues to be between $1.03 billion and $1.04 billion, indicating a year-over-year growth of 25% [15] - The Zacks Consensus Estimate for second-quarter fiscal 2026 revenues is currently at $1.08 billion, reflecting a 24.60% year-over-year growth [16] - For fiscal 2026, Snowflake anticipates product revenues to reach $4.32 billion, a 25% increase from fiscal 2025 [15] Competitive Landscape - Snowflake's strong partner ecosystem, including major companies like Microsoft, Amazon, and NVIDIA, has been a key growth driver [7] - The company faces intense competition from major cloud providers such as AWS, Azure, and Google Cloud, as well as rivals like Databricks [18][19] - Rising expenses and GPU-related costs due to aggressive investments in AI initiatives are impacting profitability [18][19] Product and Innovation - Snowflake's expanding portfolio includes products like Apache Iceberg, Hybrid tables, and Cortex AI, which are attracting new clients [12] - The integration of OpenAI's models into Snowflake Cortex AI through a partnership with Microsoft enhances enterprise AI capabilities [8] - More than 5,200 customers are utilizing Snowflake's AI and machine learning technology weekly, indicating strong engagement [14]

Sea Limited’s (SE) shares have rallied 35.5% over the past month, significantly outperforming the Zacks Computer and Technology sector’s return of 15.5% and the 20.5% rise in the Zacks Internet Software industry.SE has outperformed its industry peers, including HubSpot (HUBS) , Paylocity Holding (PCTY) and Atlassian (TEAM) . Over the same time frame, shares of HubSpot, Paylocity Holding and Atlassian have gained 9.8%, 6.7% and 0.4%, respectively.The upward momentum in Sea Limited’s share price reflects its ...

Core Viewpoint - Snowflake is expected to report strong fiscal Q1 2026 results, with projected revenues of $1 billion and earnings of 22 cents per share, indicating significant year-over-year growth [1][2]. Financial Performance - The Zacks Consensus Estimate for Snowflake's Q1 fiscal 2026 revenue is $1 billion, reflecting a year-over-year growth of 21.13% [1]. - The earnings consensus is 22 cents per share, unchanged over the past 30 days, indicating a 57.14% year-over-year growth [1]. - Snowflake's product revenues for Q1 fiscal 2026 are expected to be in the range of $955-$960 million, suggesting a year-over-year growth of 21-22% [5]. Customer Growth and Retention - As of January 31, 2025, Snowflake had 11,159 customers, up from 9,384 a year earlier, with 745 being part of the Forbes Global 2000 [5]. - The net revenue retention rate stood at 126% as of January 31, 2025, indicating strong customer loyalty and expansion [4]. Product and Technology Advancements - Snowflake's investments in AI and machine learning, including the introduction of Cortex AI, have driven customer engagement, with over 4,000 customers using these technologies weekly [6]. - The company has enhanced its AI Data Cloud by integrating core capabilities with Apache Iceberg tables, improving query performance and data sharing [13]. Market Performance - Snowflake shares have increased by 18.5% year-to-date, outperforming the Zacks Computer and Technology sector, which has decreased by 1.4% [7]. - The stock is currently trading at a forward Price/Sales ratio of 12.81X, significantly higher than the sector average of 6.18X, indicating potential overvaluation [10][11]. Strategic Partnerships - Snowflake's partnerships with major companies like Microsoft, Amazon, and NVIDIA are expected to drive growth through enhanced product integrations and collaborative sales efforts [15][16][18]. - The expanded partnership with Microsoft aims to integrate OpenAI's models into Snowflake's offerings, enhancing productivity through AI-driven insights [16]. Challenges and Considerations - The company anticipates a tougher year-over-year revenue comparison due to the impact of the leap year, which may affect top-line growth [19]. - Non-GAAP operating margins for Q1 fiscal 2026 are expected to be impacted by approximately $15 million in expenses related to the annual sales kickoff event [20].

Group 1 - Alkami Technology, Inc. (ALKT) is experiencing significant activity in the options market, particularly with the Jun 20, 2025 $35.00 Put showing high implied volatility, indicating potential for a major price movement [1] - Implied volatility reflects market expectations for future stock movement, suggesting that investors anticipate a significant event that could lead to a rally or sell-off [2] - Analysts have mixed views on Alkami Technology, with the Zacks Consensus Estimate for the current quarter decreasing from nine cents per share to eight cents due to one upward and one downward revision in estimates [3] Group 2 - The high implied volatility surrounding Alkami Technology may indicate a developing trading opportunity, as options traders often seek to sell premium on such options to benefit from time decay [4]

D-Wave Quantum Inc. (QBTS) is making major waves this month. The stock has skyrocketed 59.6% so far in May, significantly outperforming the broader Internet Software industry’s 16.2% and the S&P 500’s 5.7% gains. The company also outperformed other prominent players in quantum computing, like Rigetti Computing (RGTI) and IonQ (IONQ) , which rose 30.1% and 18.5%, respectively, during the same period.This rally has been fueled largely by solid first-quarter 2025 financial results and significant technological ...

Nebius Group N.V. (NBIS) will report its first-quarter 2025 results on May 20, before market open.The Zacks Consensus Estimate for the bottom line in the to-be-reported quarter is pegged at a loss of 45 cents. The estimate has remained unchanged in the past seven days but has been revised downward by 4 cents in the past 60 days. The consensus estimate for total revenues is pinned at $63.8 million.Image Source: Zacks Investment ResearchBased in Amsterdam, Nebius is positioning itself as a specialized AI infr ...