How Is Snowflake Poised To Beat Expectations Ahead? This Bullish ...

Apr 11, 2024 · The Snowflake Thesis: The database TAM (total addressable market) is expected to expand to $241 billion by 2028, Heath said in the initiation note. Check out other analyst …

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How Is Snowflake Poised To Beat Expectations Ahead? This Bullish ...

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Apr 11, 2024 · The Snowflake Thesis: The database TAM (total addressable market) is expected to expand to $241 billion by 2028, Heath said in the initiation note. Check out other analyst …

benzinga.com

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Snowflake's Stock Advances On Upgrade As AI 'revolution' Hits Its …

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2 days ago · Along with his upgrade of Snowflake, Ives raised his rating on Elastic N.V.'s stock (ESTC) to outperform from neutral and set a price target of $135 a share. Elastic's stock rose …

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Snowflake Jumps 20% After Lifting Product Revenue Outlook, Q3 Beat

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Nov 20, 2024 · For the third quarter, Snowflake reported per share profit of $0.20, 5 cents better than the analyst estimate of $0.15. Revenue for the quarter came in at $942.1 million, ahead …

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Snowflake's Q3 Performance Is Just The Tip Of The Iceberg

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Nov 21, 2024 · Summary. Snowflake's FQ3 2025 earnings beat expectations, boosting share price by 20%, and showcasing its strong long-term growth strategy and customer-centric …

seekingalpha.com

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Snowflake Price Levels To Watch As Stock Pops 20% On

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Nov 21, 2024 · More recently, bulls successfully defended a retest of the pattern’s neckline ahead of earnings, setting the stage for further gains. Indeed, the stock sits poised to commence its next leg ...

investopedia.com

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Snowflake Stock Soars On Q3 Beat, Analysts Predict Further Upside

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6 days ago · Snowflake’s Business Is Snowballing on Acquisition and Penetration. Snowflake had a solid quarter, sustaining a high-20% growth rate in Q3 and outpacing the consensus …

marketbeat.com

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Snowflake's Turning The Tide: Reversal From Bearish To Bullish

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Jan 8, 2024 · The shift in sentiment from bearish to bullish is fueled by expectations that Snowflake can achieve a consistent 30% or higher Compound Annual Growth Rate (CAGR) in …

seekingalpha.com

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Snowflake: Now, It's Finally Time To Buy This Stock Aggressively ...

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Oct 9, 2024 · Here is my updated long-term bull case on Snowflake: ... exceeding Wall Street's expectations of $850.7 million (+26% y/y), while also decelerating two points from Q1's 31% …

seekingalpha.com

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Snowflake Q3 Earnings: Will Bullish Charts, Analyst Optimism

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Nov 20, 2024 · Snowflake stock down 32% YTD, but analysts project a 32% upside with $171 price target. Technical indicators show strong short-term bullish momentum, but long-term …

benzinga.com

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Snowflake Rockets 32%, Its Best Day Ever, After Earnings Beat

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Nov 20, 2024 · Snowflake's revenue rose 28% year over year in the quarter, which ended on Oct. 31, according to a statement. The company's net loss of $324.3 million, or 98 cents per share, …

nbcnewyork.com

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Where Snowflake Stands With Analysts - Nasdaq

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2 days ago · Analysts have set 12-month price targets for Snowflake, revealing an average target of $179.76, a high estimate of $225.00, and a low estimate of $125.00.

nasdaq.com

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A Look Ahead: Snowflake's Earnings Forecast - Benzinga

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Nov 19, 2024 · In the previous earnings release, the company beat EPS by $0.02, leading to a 14.7% drop in the share price the following trading session. Here's a look at Snowflake's past …

benzinga.com

FAQs about How Is Snowflake Poised To Beat Expectations Ahead? This Bullish ... Coupon?

How did Snowflake perform in the third quarter?

For the third quarter, Snowflake reported per share profit of $0.20, 5 cents better than the analyst estimate of $0.15. Revenue for the quarter came in at $942.1 million, ahead of the consensus estimate of $899.3 million. ...

What is Snowflake's forecast for full-year revenue?

Looking ahead, Snowflake management increased its guidance for full-year product revenue to approximately $3.43 billion, up from a prior outlook of $3.36 billion. The new forecast represents 26% year-over-year growth. It also raised Snowflake's operating income margin guidance from 3% to 5%. ...

Why did Snowflake raise its revenue guidance?

Wall Street was anticipating revenue of $851.3 million and earnings of 16 cents per share, according to Yahoo Finance. As its CEO mentioned, Snowflake raised its product revenue guidance for the full year due to its strong performance in the second quarter. ...

Did Snowflake exceed investor expectations?

Snowflake — a mobilizer of enterprise data through a company’s data cloud — exceeded investor expectations in its most recent financial report, according to MarketWatch. ...

How did Snowflake perform compared to LSEG analyst expectations?

Snowflake reported better-than-expected results on the top and bottom lines. The stock jumped in extended trading. Snowflake shares spiked 14% in extended trading on Wednesday, after the cloud analytics company reported third-quarter earnings that beat estimates. Here's how the company did, compared to LSEG analyst expectations: ...

Why is Snowflake stock lower Thursday?

Snowflake stock is lower Thursday even as the tech company disclosed a Q2 earnings beat and raised a key sales forecast. Here's what you need to know. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. ...