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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Snowflake

Snowflake, Inc. provides cloud data warehousing software. This includes the Data Cloud, an ecosystem where Snowflake customers, partners, data providers, and data consumers can break down data silos and derive value from rapidly growing data sets in secure, governed, and compliant ways. Its platform supports a range of use cases, including data warehousing, data lakes, data engineering, data science, data application development, and data sharing. The cloud-native architecture consists of three independently scalable layers across storage, compute, and cloud services. The storage layer ingests massive amounts and varieties of structured and semi-structured data to create a unified data record. The compute layer provides dedicated resources to enable users to simultaneously access common data sets for many use cases without latency. The cloud services layer optimizes each use case's performance requirements with no administration. Snowflake was founded by Marcin Zukowski, Thierry Cruanes and Benoit Dageville on July 23, 2012 and is headquartered in Bozeman, MT.

Earnings data Q4 2021

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Snowflake reports robust Q1 performance, eyes AI disruption in supply chain

Snowflake's Q1 earnings call showcased strong financial performance, with a focus on AI and machine learning workloads, supply chain management, and competitive advantages. However, challenges in consumption patterns and cost scrutiny were discussed, alongside opportunities in disruptive AI technologies and long-term growth prospects.

Snowflake reports strong Q2 results, faces challenges in sales execution

Snowflake's Q2 performance was strong, but challenges exist in maintaining product revenue growth and improving sales execution. The company's focus on AI, data sharing, and new product offerings presents opportunities for future growth.

Snowflake reports robust Q3 performance and eyes AI opportunities

Snowflake's Q3 FY 2024 performance reflects strong growth in product revenue and non-GAAP adjusted free cash flow. The company's introduction of new technologies and strong customer engagement through events like the Data Cloud World Tour and the Build Developer Conference are notable. However, challenges in product gross margins and the evolving sales approach require attention. Snowflake is well-positioned to capitalize on the increasing interest in AI and the demand for advanced data solutions in large enterprises.

Snowflake reports strong Q4 growth, eyes international expansion and product innovation

Snowflake's Q4 performance reflects robust growth in product revenue, margins, and customer adoption, positioning the company well for future expansion.
While facing challenges in customer ramp-up and international performance, Snowflake's strategic strengths in partnerships, acquisitions, and financial stability provide a solid foundation for growth.
Opportunities lie in product innovation, market expansion, and operational efficiencies, signaling a positive outlook for Snowflake's continued success in the cloud data industry.
By balancing growth initiatives with cost management strategies, Snowflake aims to achieve its long-term revenue targets and enhance shareholder value through prudent investments and customer-centric focus.

Snowflake reports robust Q1 growth, eyes AI expansion and supply chain dominance

Snowflake's Q1 performance reflects strong growth in product revenue and a focus on AI-powered data solutions. Despite challenges in demand environment and consumption slowdowns, the company remains optimistic about long-term growth prospects. Snowflake's strategic acquisitions and focus on efficient growth position it well for future opportunities in AI and data management.

Snowflake reports robust Q2 growth, eyes AI strategy and partnerships

Snowflake's Q2 performance reflects strong revenue growth, customer engagement, and financial health.
Strategic strengths in AI focus, partnerships, and customer alignment position Snowflake for continued growth.
Challenges in consumption growth and sales execution optimization require attention for sustained success.
Opportunities lie in workforce expansion, data strategy enhancement, and leveraging Container Services for future growth.

Snowflake reports robust Q3 results, eyes AI opportunities and partnerships

Snowflake delivered strong Q3 performance with notable revenue growth, margin improvement, and customer acquisition, supported by innovative product introductions.
While facing challenges in legacy optimizations and NRR stabilization, Snowflake is well-positioned to leverage opportunities in AI, partnerships, and market expansion.
The company's strategic focus on sales specialization, technology advancements, and customer growth underscores its resilience and potential for sustained success.
Snowflake's market engagement, product innovation, and financial discipline position it favorably for continued growth and leadership in the cloud data platform space.

Snowflake reports robust Q4 earnings, eyes AI growth opportunities

Snowflake's Q4 FY '24 earnings call highlighted strong financial performance, innovative product offerings, and positive customer feedback, positioning the company for continued growth.
While facing challenges in consumption trends and revenue guidance, Snowflake's focus on AI initiatives and product enhancements presents opportunities for future expansion and market leadership.
With a new CEO, Sridhar Ramaswamy, at the helm and a clear long-term strategy, Snowflake aims to navigate market challenges and capitalize on its strengths to drive sustained growth and customer value.

Snowflake reports robust Q1 performance, eyes AI innovation for growth

Snowflake's Q1 performance reflects strong revenue growth and financial stability, supported by AI innovation and strategic partnerships.
Challenges include sustaining revenue growth, customer adoption of AI products, and effectively monetizing data through new features.
Opportunities in leveraging Iceberg capability, collaborations with Microsoft, and AI applications position Snowflake for continued growth and innovation.

Snowflake surpasses Q2 expectations, expands product portfolio for growth

Snowflake delivered exceptional financial results, exceeding expectations and demonstrating strong growth across key metrics. With a focus on innovation and customer satisfaction, Snowflake is well-positioned to capitalize on market opportunities and drive continued success. While facing competition and cybersecurity challenges, Snowflake's strategic initiatives and expanding product offerings bode well for future growth.

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Snowflake, Inc. engages in the provision of cloud data warehousing software. The firm offers Data Cloud, an ecosystem where Snowflake customers, partners, data providers, and data consumers can break down data silos and derive value from data. Its platform supports a range of use cases including data warehousing, data lakes, data engineering, data science, data application development, and data sharing. The cloud-native architecture consists of layers across storage, compute, and cloud services. The storage layer ingests structured and semi-structured data to create a unified data record. The compute layer provides dedicated resources to enable users to access common data sets for many use cases without latency. The cloud services layer optimizes each use case's performance requirements with no administration. The company was founded by Marcin Zukowski, Thierry Cruanes, and Benoit Dageville on July 23, 2012 and is headquartered in Bozeman, MT.

Snowflake stock has experienced significant volatility since its IPO in September 2020, with highs of $429 and lows of $108. The company's revenue growth has been slowing, its margins falling, and order book growth is also in decline.

Snowflake Stock: Outlook As It Shows 'Signs Of Stabilization'

This tech stock's bulls and bears both have good arguments. Management expects Snowflake's annual revenue to quadruple over the next 5 1/2 years.

Snowflake Stock Remains Polarizing. Here are the Bull and Bear Cases.

When Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) CEO Warren Buffett loads up on a stock, you might be tempted to do what he does. That's understandable, as Buffett is a legendary investor.

Warren Buffett Owns Snowflake Stock, but You Probably Shouldn't

MercadoLibre

The S&P 500 trades at a reasonable valuation, which makes now a good time to buy stocks. Snowflake is uniquely positioned to power AI workloads due to its data-sharing capabilities.

2 Monster Growth Stocks I'd Buy With $2,000 Right Now and Hold Forever

While adjusted metrics look more encouraging, Snowflake's free-cash-flow yield highlights the stock's elevated risk. The stock has the potential to be a big winner over the long term, but it's a high-risk/high-reward play.

Down 59%, This AI Growth Stock Could Have Explosive Upside. But There's a Catch.

Analysts at the Bank of America (BoA) have initiated coverage on Snowflake with a ‘Neutral' rating and US$195 price target on their view that the company is well-positioned to capture market share in the $132 billion data management industry with its leading cloud platform. This is based on Snowflake's status as a first mover in the cloud, interoperability with the major public clouds, and the fact its platform is capable of running multiple workloads, the analysts wrote in a note to clients.

Snowflake well-positioned to capture market share but near-term upside already priced in

The latest trading day saw Snowflake Inc. (SNOW) settling at $163.54, representing a +0.25% change from its previous close.

Snowflake Inc. (SNOW) Ascends But Remains Behind Market: Some Facts to Note

CONWAY, Ark.--(BUSINESS WIRE)--Acxiom®, the global leader in customer intelligence, today announced that it has been recognized as an Identity & Onboarders leader in the Modern Marketing Data Stack 2023: How Data-Forward Marketers Are Redefining Strategies to Unify, Analyze, and Activate Data to Boost Revenue executed and launched by Snowflake, the Data Cloud company. Snowflake's data-backed report identifies the best of breed solutions used by Snowflake customers to show how marketers can.

Acxiom Recognized as A Leader in Snowflake's Modern Marketing Data Stack Report

Snowflake plays a critical role in developing AI models. Revenue growth has slowed down due to its size and customer optimization.

Is This Warren Buffett Artificial Intelligence (AI) Stock a Screaming Buy?

Snowflake's data-as-a-service could be an important pillar for enterprise AI ambitions. The stock price looks depressed relative to other AI players, but this could be a good thing.

1 Warren Buffett Artificial Intelligence (AI) Stock to Buy Before It's Too Late

Visa

Snowflake and Visa each have consensus "buy" ratings among Wall Street analysts. Snowflake is the center of gravity for enterprise data, a quality that makes its platform an important resource in building artificial intelligence applications.

2 Top Warren Buffett Stocks to Buy Before They Jump 19% and 20%, According to Wall Street

Snowflake expects to maintain a CAGR of over 30% through fiscal 2029. It expects economies of scale to boost its operating and free cash flow margins.

Could Snowflake Become the Next Microsoft?

Global-e Online Ltd

HubSpot

Okta

Trade Desk

While the FAANG stocks have soared over the past decade, the GHOST stocks could outperform in the decade to come. This group of high-flyers is beating the market in 2023, and their use of AI could generate additional upside.

Surprise! Not Only Are the GHOST Stocks Beating the Market by a Wide Margin, But Each Has a Tantalizing Connection to AI.

Apple

Amazon

Moody's

Buffett's investing track record speaks for itself. Berkshire Hathaway owns several technology stocks, some of which go back decades.

5 Top Buffett Stocks to Buy and Hold for the Long Haul

After years of waiting, I finally believe Snowflake represents a sustainably attractive value at about $150/share. While Snowflake began as a uniquely architected cloud-native data warehouse, the business has materially evolved itself in the last three years. There's a certain irony to it: Investors were overjoyed to buy it at $200+/share in 2020 when I found it to be too expensive and when it was weaker overall.

Snowflake: AI Blizzard In The Forecast

Disney

NIKE

Large-cap stocks are some of the largest corporations on the planet. Many of these stocks are household names that offer investors more safety than small and mid-cap stocks.

Ticking Time Bombs: 3 Large-Cap Stocks to Dump Before the Damage Is Done

Coca-Cola

Mastercard

The Oracle of Omaha has crushed the aggregate total return of the S&P 500 over the past 58 years. Two of the more than four dozen securities held by Berkshire Hathaway offer well-defined competitive advantages.

2 Warren Buffett Stocks That Are Screaming Buys in October, and 1 to Avoid

Livent Corp

NVIDIA

TEGNA

Upstart Holdings

Intel

Tesla

The case for investing in growth stocks has been muddled for quite some time. For example, 2022 was a terrible year for growth stocks across the board.

Buy This, Not That: 5 Growth Stocks to Own, 2 to Avoid

Snowflake continued to generate robust growth, even as the economy tanked. Snowflake's transparent pricing is a key selling point for new and existing customers.

A Bull Market Is Coming: 1 Magnificent Growth Stock Down 62% You'll Regret Not Buying on the Dip

Berkshire Hathaway owns a small stake in data management and analytics company Snowflake. Data is the cornerstone of AI, and the Snowflake platform is the logical center of gravity for enterprise data.

Prediction: 1 Warren Buffett Stock to Buy Now Before It Soars 200% by 2028

Snowflake stock presents a buying opportunity due to reduced valuation and strong long-term growth potential. The company is well-positioned to benefit from cloud adoption and data volume growth. Its consumption-based business model may be a headwind now, but unlocks tremendous growth in the future. The company has nearly $5 billion of cash on its balance sheet, improving its financial flexibility.

Snowflake: Take Advantage Of This Dip To Buy A Category Leader

Snowflake is the most expensive buy-rated stock in my coverage universe. Generative AI has only increased the importance of data over the long term. Snowflake continues to post envious growth rates in spite of the tough macro environment.

Snowflake: The Data-Driven Age Of Generative AI

Datadog

Life Time Group Holdings

Roku

Zoom Video

Zillow

Investors seeking to outperform the market and generate enhanced long-term returns often put their money into growth stocks.  While this strategy can yield solid returns during good times, growth stocks tend to fall the hardest when the economy contracts.

Ticking Time Bombs: 7 Growth Stocks to Dump Before the Damage Is Done

SAN FRANCISCO--(BUSINESS WIRE)--Atlan, the pioneering active metadata platform, has launched Tag Management, accelerating the shift of data governance to the left. As the modern data stack continues to evolve, data teams are faced with the challenge of ensuring the right people have the right access to the right data. Data teams need to ensure that they can confidently identify sensitive data across their data stack and protect it with the right access controls, while serving trusted data to da.

Atlan Launches Tag Management, Becoming One of the First Snowflake Data Governance Partners to Enable Bi-directional Tag Sync

Cloudflare

Cloudflare can win the AI inference market thanks to the unparalleled performance of its cloud platform. Snowflake is uniquely positioned to power AI workloads due to its data-sharing capabilities.

News for Snowflake Stock (SNOW)