Snowflake Stock News

Snowflake's AI data cloud is positioned at the center of today's AI revolution. The tech company's revenue is soaring.

In 2025, Wall Street analysts showered many stocks in the technology and communication sectors—the two best-performing sectors of the year—with upgrades. Tech took the top spot, with the Technology Select Sector SPDR Fund NYSEARCA: XLK notching a return of 24.6%, with the Communication Services Select Sector SPDR Fund NYSEARCA: XLC a close second, providing a 23.1% return.

After hitting new highs in 2025, some AI stocks pulled back. In 2026, investors will look for revenue growth amid big investments.

If you want a 2026 watchlist built around Wall Street's freshest momentum, start with the names on MarketBeat's Most Upgraded in 2025. Stocks on this list saw the most bullish analyst upgrades over the last year, and many have catalysts that could carry momentum forward into 2026.

SoundHound has a huge opportunity in voice-powered AI agents. Salesforce stock looks washed out, and it also has a strong potential growth driver with AI agents.

Palantir Technologies (NASDAQ: PLTR) has emerged as a standout in AI and data analytics, with its stock surging as investors price in accelerating demand for enterprise and government AI solutions.

Snowflake is reportedly in talks to acquire Observe for about $1 billion to expand its range of artificial intelligence (AI) offerings.

In a deal that would add to its artificial intelligence acquisition spree, Snowflake is in talks to buy startup Observe, said a report.