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The new forecast represents 26% year-over-year growth. It also raised Snowflake's operating income margin guidance from 3% to 5%. ... I would not chase Snowflake's stock following this recent ...
Investors should question the narrative that Snowflake is expensive due to its price-to-sales ratio (P/S) of 16. SNOW PS Ratio Chart SNOW P/S Ratio data by YCharts.
Is Snowflake Stock a Buy Now? - AOL
Snowflake reported fiscal Q3 revenue of $942 million, an increase of 28% from the same quarter last year, driven by a 29% increase in its product revenue to $900 million.
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.
Snowflake's latest results for the first quarter of fiscal 2025 (for the three months ended April 30, 2024) didn't do much to inspire investor confidence either as the stock fell more than 5%.
SNOW Shares Outstanding data by YCharts.. 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.
Snowflake stock is actually up big in the last month after it reported blowout figures for its third quarter of fiscal year 2025 (ending Oct. 31). After that report, the stock surged over 30% the ...
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