Snowflake Inc. is a cloud-based data warehousing company that provides a platform allowing businesses to store and analyze large amounts of data. By leveraging the power of the cloud, Snowflake enables organizations to access, manage, and derive insights from their data in real-time, facilitating data collaboration across multiple departments. Its innovative architecture allows for seamless scaling, enhanced security, and a user-friendly interface, making it an attractive solution for enterprises looking to harness the power of their data for better decision-making and operational efficiencies. Snowflake supports diverse data workloads and integrates easily with various data tools and applications, positioning itself as a leader in the data analytics space. Read More
Shares of data warehouse-as-a-service Snowflake (NYSE:SNOW) jumped 11.7% in the afternoon session after the company reported impressive first quarter 2025 (fisal 2026) results, which beat analysts' sales expectations.
Snowflake's Q1 report and guidance update affirm an outlook for sustained 20% long-term growth, and the analysts are responding favorably to share prices.
Snowflake Inc (NYSE:SNOW) shares are trading higher Thursday after the AI data cloud company reported strong results for the first quarter. Multiple analysts raised price targets following the report. Here's a look at what's going on.
Data warehouse-as-a-service Snowflake (NYSE:SNOW) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 25.7% year on year to $1.04 billion. Its non-GAAP profit of $0.24 per share was 13.1% above analysts’ consensus estimates.
