SNOW Stock Recent News

SNOW stock benefits from a strong portfolio and a rich partner base despite trading at a stretched valuation.

Artificial intelligence (AI) has started moving the needle for many companies that have been integrating this technology into their businesses or are offering AI-focused solutions to their customers, and that's not surprising as AI is expected to drive productivity gains in the industries where it is being deployed.

Snowflake (SNOW -3.82%) shares have soared 47% over the last six months at the time of this writing. Wolfe Research analyst Alex Zukin recently upgraded the stock to an outperform (buy) rating with a $235 price target, implying upside of 24% over the current $189 share price.

Beyond analysts' top -and-bottom-line estimates for Snowflake (SNOW), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended January 2025.

In the closing of the recent trading day, Snowflake Inc. (SNOW) stood at $184.96, denoting a -0.86% change from the preceding trading day.

Snowflake: A Strong Buy Before Earnings

BOSTON--(BUSINESS WIRE)-- #NaturalLanguageQuery--AtScale Integrates with Snowflake Cortex Analyst to Enable AI-Powered Natural Language Data Queries.

Alex Zukin, Wolfe Research analyst, joins 'Money Movers' to discuss why Zukin is more positive on Snowflake.

Snowflake Inc (NYSE:SNOW) stock was last seen 3% higher at $193.50 in pre-market trading, after Wolfe Research upgraded its rating to "outperform" from "peer perform" with a price target of $235.

As companies compete for dominance in the booming artificial intelligence (AI) sector, investment strategist Shay Boloor has highlighted what he believes is an undervalued stock in this space poised to catch investors' attention.