Snowflake Stock News

Data cloud analytics firm Snowflake raised its forecast for full-year product revenue on Wednesday, as it attracts more clients to its cloud platform owing to advancements in artificial intelligence.

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)---- $SNOW #TheAIDataCloud--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced financial results for its second quarter of fiscal 2025, ended July 31, 2024. Revenue for the quarter was $868.8 million, representing 29% year-over-year growth. Product revenue for the quarter was $829.3 million, representing 30% year-over-year growth. N...

Berkshire Hathaway liquidated its stake in Snowflake in the second quarter. Snowflake still trying to resolve a massive data breach.

Berkshire squeaked out a small profit from its investment. Berkshire investors not named Warren could have been behind this move.

Snowflake Inc. stock has continued to decline despite market growth, reflecting concerns about slowing business growth and rising operating costs. I consider the Q1 financial results to be weak, with a declining net revenue retention rate and poor guidance for EBIT margin. Concerns about customer retention issues following a data breach and high valuation multiples suggest a "Sell" rating for S...

Warren Buffett sold his entire 6.1 million share holdings in Snowflake, the Bozeman, Montana-based provider of data storage, processing, and analytic services.

Wells Fargo has downgraded Snowflake Inc. (NYSE: SNOW) from “Overweight” to “Equal Weight,” slashing its price target from $200 to $130.  This move, announced ahead of Snowflake's Q2 2025 earnings report scheduled for August 21, reflects growing concerns about the company's performance and market position.

Snowflake Inc   (NYSE:SNOW) stock is down 3.9% before the bell, after a bear note from Wells Fargo.