PALO ALTO, Calif., Nov. 18, 2025 (GLOBE NEWSWIRE) -- Denodo, a leader in data management, announced it has been recognized as “One to Watch” in Snowflake’s report entitled The Modern Marketing Data Stack 2026: How Marketers Become Agents of Change in an AI-Driven World. This annual report identifies companies that are shaping the future of marketing technology through innovation, growth, and customer impact within the Snowflake ecosystem. This recognition underscores Denodo’s strong standing within the Snow ...

Industry Overview - The Internet Software and Services sector is experiencing growth due to increased IT spending on hybrid operating environments and mobile device penetration, prompting businesses to invest in web-based infrastructure and security software [1] - The Internet Software industry is ranked in the top 28% of Zacks Industry Rank, indicating expected outperformance in the market over the next three to six months [2] Company Highlights Palantir Technologies Inc. (PLTR) - Palantir's AI strategy integrates its Foundry and Gotham platforms, focusing on AI adoption in government and commercial sectors, with an expected revenue growth rate of 41.1% and earnings growth rate of 43% for next year [6][10] - The company is involved in significant government projects, such as the Department of Defense's Open DAGIR initiative, enhancing military operations through AI [7] - Palantir's AIP boot camps have attracted over 1,000 companies, showcasing its platform's capabilities across various industries [8] Snowflake Inc. (SNOW) - Snowflake is set to benefit from rising demand for cloud-based data platforms, with an expected revenue growth rate of 22.3% and earnings growth rate of 33.9% for next year [11][15] - The cloud analytics market is projected to grow from $35.39 billion in 2024 to $130.63 billion by 2030, with a CAGR of 25.5%, supporting Snowflake's growth trajectory [12] - Snowflake's AI Data Cloud is gaining traction across multiple industries, enhancing enterprise capabilities in data management and analytics [14] Datadog Inc. (DDOG) - Datadog is experiencing growth from new customer acquisitions and increased adoption of its cloud-based monitoring platform, with an expected revenue growth rate of 19% and earnings growth rate of 15.4% for next year [16][20] - The company unveiled over 125 new products at DASH 2025, including AI observability tools, enhancing its competitive position [17][18] - Datadog's solutions are increasingly used to monitor AI-powered applications, driving broader product usage [19] Atlassian Corp. (TEAM) - Atlassian is benefiting from the demand for remote working tools, with a 25X year-over-year increase in AI interactions among over 1 million monthly active users [22] - The company's AI-powered Rovo platform and automation tools are driving growth in premium and enterprise editions [23] - Atlassian's collaboration with OpenAI to enhance its software with generative AI features is expected to boost revenue [24] Zoom Communications Inc. (ZM) - Zoom is capitalizing on the hybrid work trend, with its AI Companion achieving a fourfold increase in monthly active users year-over-year [26][27] - The platform's integration with third-party applications and custom AI functionalities is enhancing operational efficiencies for customers [28] - Zoom has an expected revenue growth rate of 3% and earnings growth rate of 0.1% for next year [29]

Core Insights - Snowflake (SNOW) has experienced a significant 71.4% increase year to date, outperforming the Zacks Internet Software industry's 10.3% and the broader Zacks Computer and Technology sector's 26.4% [1] - The stock's performance is attributed to strong revenue acceleration and a differentiated consumption model that enhances operating leverage compared to peers like Microsoft, Amazon, and ServiceNow [2] Company Performance - The Zacks Consensus Estimate for Snowflake's Q3 fiscal 2026 revenues is $1.18 billion, reflecting a 25.4% year-over-year growth [5] - The estimated Q3 FY26 EPS is 31 cents, indicating a 55% increase year-over-year [6][14] Competitive Advantage - Snowflake's competitive moat is strengthened by its AI-ready data infrastructure, which integrates governance, analytics, and machine learning [4] - The company's cloud-neutral architecture allows seamless data management across multiple environments, enhancing its appeal to enterprises [9] Customer Growth - The total customer estimate for Q3 FY26 is 12,482, a 21.8% increase year-over-year, with remaining performance obligations (RPO) projected at $7.46 billion, up 30.8% year-over-year [10] Valuation and Growth Potential - Snowflake's forward price-to-sales multiple is 16.65X, significantly higher than the industry average of 5.09X and the sector average of 6.92X, indicating strong fundamentals [11] - Management expects product revenues between $1.125 billion and $1.13 billion for Q3 FY26, suggesting 25-26% growth [14] Conclusion - Snowflake's robust execution and rising enterprise adoption position it as a compelling growth story in the software sector, supported by improving operating margins and consistent revenue momentum [16]

Core Insights - Investing in stocks with improving fundamentals and increasing exposure to enterprise AI is a smart strategy for long-term investors [1] - Snowflake's shares have gained nearly 60% in 2025 but remain 39% below their peak in November 2021 [1][2] Company Evolution - Snowflake has transitioned from a data warehousing company to an AI-powered data platform, positioning itself as a vital layer in the AI ecosystem [2] - The company’s revenue model is based on platform usage, which aligns interests but can lead to revenue volatility [4] Financial Performance - In Q2 of fiscal 2026, Snowflake's revenue increased by 32% year over year to $1.1 billion, with remaining performance obligations rising by 33% to $6.9 billion [7][8] - The company is not yet profitable on a GAAP basis but has shown a decline in losses, with a non-GAAP operating margin improvement of six percentage points to 11% [8] Customer Growth and AI Integration - Snowflake's AI Data Cloud is utilized by over 12,000 customers, including major technology enterprises [9] - The company added 533 customers in Q2, including 15 Global 2000 companies, and has 654 high-value customers contributing over $1 million [10] Innovations and Features - New features like Snowflake Intelligence and Cortex AI SQL enhance data management and insights generation [11][12] - Snowflake OpenFlow targets the $17 billion data integration market, enabling seamless data handling [14] Market Position and Valuation - Snowflake's shares trade at 20.4 times sales, justified by its critical role in AI infrastructure [17] - Analysts project revenue growth of 27.1% to $4.6 billion in fiscal 2026 and 23.8% to $5.7 billion in fiscal 2027 [19] Future Outlook - The partnership with Palantir Technology enhances data interoperability and accelerates enterprise AI development [18] - Analysts expect significant market capitalization growth, potentially reaching $116.28 billion by the end of fiscal 2027, indicating a 38% gain [20]

Core Insights - Palantir Technologies and Snowflake Inc. have formed a partnership to enhance enterprise-ready AI and analytics, integrating Snowflake's AI Data Cloud with Palantir Foundry and AIP [1][3] - The partnership aims to enable customers to build efficient data pipelines, perform faster data analytics, and develop robust AI applications [1][3] Partnership Details - The integration features expanded interoperability between Foundry and Snowflake Iceberg Tables, allowing bidirectional, zero-copy data sharing for joint customers [2] - Eaton, a global intelligent power management company, is a flagship customer utilizing this integration to create an AI-enabled data foundation [2][3] Customer Benefits - The partnership helps Eaton eliminate data duplication, supports enterprise-wide governance, and accelerates the development of AI applications by combining data from various sources into a unified, secure platform [3] - The collaboration aims to reduce friction for customers in deploying intelligent applications and to accelerate time to value [3]

Core Viewpoint - Snowflake Inc is experiencing significant growth as it refines its go-to-market strategy and expands its cloud platform to meet increasing enterprise demand for AI solutions, resulting in enhanced deal flow and industry integration [1][2]. Group 1: AI Data Cloud Expansion - The company is expanding its AI Data Cloud, with 50% of new customers utilizing Snowflake for AI workloads and 25% of existing customers engaging with its AI capabilities weekly, indicating strong demand and innovation [2][5]. - Snowflake is in the early stages of monetizing AI demand, with a growing number of customers leveraging the platform for advanced AI applications [4][7]. Group 2: Analyst Insights - Wedbush analyst Daniel Ives has maintained an Outperform rating for Snowflake, raising the price target from $250 to $270, citing accelerating momentum and effective execution in engineering and marketing [3][11]. - Ives projects third-quarter revenue of $1.18 billion and EPS of $0.35, with fiscal 2026 revenue expected to reach $4.61 billion and EPS of $1.30 [11]. Group 3: Competitive Positioning - Despite intense competition in the AI and data infrastructure market, Snowflake's innovation engine is seen as a key differentiator, with enterprises increasingly adopting its user-friendly AI products [6][10]. - The integration of Snowflake's Data Cloud with Palantir's platforms is expected to enhance analytics and data pipelines, positioning Snowflake as a significant player in the AI boom [9][10]. Group 4: Ecosystem Development - Snowflake's AI Data Cloud has developed into a connected ecosystem of shared data applications, facilitating secure collaboration among thousands of customers through the Snowflake Marketplace [8].

Group 1: Market Overview - The current market is primarily driven by technology and AI, with only three sectors expected to see earnings growth: Tech, Communications Services, and Financials [1] - The infrastructure required for AI development is massive, and many may not fully grasp the scale needed for productivity gains [1][2] - The ongoing AI infrastructure build is being financed through cash flows and operating profits rather than debt, making it more sustainable compared to the late 1990s and early 2000s [2] Group 2: Investment Focus - There is a shift in focus towards infrastructure plays in AI, which are expected to become undervalued as the scale of necessary infrastructure becomes recognized [2] - The current year is likely to remain dominated by pure-play tech stocks, but infrastructure investments will gain attention moving into next year [2] Group 3: Company Highlights - Palantir Technologies Inc. (NASDAQ:PLTR) has a market capitalization of $422.63 billion and is collaborating with Snowflake Inc. to enhance AI and analytics capabilities [8] - The partnership between Palantir and Snowflake aims to create efficient data pipelines and robust AI applications, with Eaton as a flagship customer [10] - Advanced Micro Devices Inc. (NASDAQ:AMD) has a market capitalization of $378.25 billion and is expanding its partnership with Oracle Corporation to develop next-generation AI superclusters [12] - Oracle will be the first hyperscaler to offer a publicly available AI supercluster powered by AMD's next-generation GPUs, with deployment starting in Q3 2026 [13][14]

Core Insights - Domo has been recognized as a Business Intelligence (BI) One to Watch in Snowflake's annual report, highlighting its capabilities in AI-driven solutions for data visibility and actionability [1][5] Group 1: Recognition and Collaboration - The fourth annual edition of Snowflake's Modern Marketing Data Stack report identifies technologies and platforms adopted by over 11,100 customers, focusing on the impact of AI, privacy, and data gravity on Martech and Adtech [2] - Domo's AI and data products platform is noted for delivering real-time insights into campaign performance, customer behavior, and marketing ROI, enhancing business performance through the Snowflake AI Data Cloud [3][4] - Domo's recognition reflects its deep collaboration with Snowflake, enabling seamless data integration, transformation, and analysis while maintaining governance and scalability [4] Group 2: Market Position and Future Outlook - Domo's growth in partnership with Snowflake positions it as a key technology in the Business Intelligence space, addressing the evolving needs of marketers [5] - The report categorizes various AI Data Cloud Product Partners, highlighting their solutions as "leaders" or "ones to watch," and illustrates how Snowflake customers utilize these technologies for data-driven marketing strategies [4]

Core Insights - Sigma has been recognized as a Business Intelligence leader by Snowflake in their report titled "The Modern Marketing Data Stack 2026: How Marketers Become Agents of Change in an AI-Driven World" [1] Group 1 - Sigma is identified as an industry-leading analytics platform with unique cloud data platform write-back capabilities [1] - The report is the fourth annual edition from Snowflake, focusing on technologies, solutions, and platforms relevant to modern marketing [1]

Core Insights - Kipi.ai has launched a Marketing Mix Modeling and Analytics application on the Snowflake AI Data Cloud, enhancing data-driven marketing strategies [1] Company Overview - Kipi.ai specializes in providing advanced analytics solutions, focusing on marketing mix modeling to optimize marketing investments [1] - The integration with Snowflake AI Data Cloud allows for scalable data processing and analytics capabilities [1] Industry Impact - The introduction of this application is expected to drive innovation in marketing analytics, enabling companies to make more informed decisions based on comprehensive data analysis [1] - The collaboration between Kipi.ai and Snowflake signifies a growing trend in the industry towards leveraging AI and cloud technologies for enhanced marketing effectiveness [1]