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For Q3, the company forecast product revenue of between $906 million to $911 million, representing growth of about 23%. ... I would not chase Snowflake's stock following this recent surge in price ...
At least 20 analysts hiked PT for the stock, while at least three upgraded their ratings on the stock. The median view stood at $185, representing an upside of 43.3%.
The midpoint of Snowflake's fiscal Q4 product revenue forecast of $908.5 million was significantly higher than the $884.5 million analyst estimate. ... But is the stock worth buying right now ...
Its new forecast calls for a free cash flow margin of 26% compared to a previous estimate of 29%. ... Snowflake stock is expensive. Its market capitalization at the time of this writing is ...
Is Snowflake Stock a Buy Now? - AOL
Snowflake Inc. is an American cloud-based data storage company. Headquartered in Bozeman, Montana , it operates a platform that allows for data analysis and simultaneous access of data sets with minimal latency . [ 1 ]
Amid the renewed confidence in Snowflake stock, investors have gone from questioning whether it is a buy to asking whether it is too late to buy into this recovery. ... The company forecasts ...
Snowflake reported stock-based compensation, net of amounts capitalized, totaling $363.3 million last quarter, which was an increase of 22% from a year ago. As a percentage of revenue, it has ...
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