Snowflake Stock News

Warren Buffett recognizes that a company's reputation a critical asset. A bungled software update from CrowdStrike led to millions of crashing PCs and global IT disruption.

While many stocks are back at or close to their all-time highs, some, like Snowflake Inc. NYSE: SNOW, remain a long way away. The data storage giant is one of those tech companies that IPO'd during the pandemic when rates were super low and skyrocketed immediately.

The streak of negative news continued at Snowflake after the company reported somewhat softer-than-expected FY25 Q2 results. The bear thesis centered around increasing competitive threats, decreasing margins, slowing revenue growth, rich valuation, and high stock-based compensation gained significant traction recently. I believe investors became overly pessimistic towards the company, disregard...

Snowflake has seen 30% YoY revenue growth but a 40% YTD stock decline, raising concerns about its growth and profitability. Despite beating revenue estimates, Snowflake's margins are under pressure, and buybacks mainly offset stock-based compensation dilution, limiting stock price impact. Valuation remains high at 11x next year's sales, while its path to profitability is questionable. The fair ...

Snowflake's latest earnings report exceeded analysts' expectations. But its revenue growth is decelerating, its retention rates are slipping, and its margins are declining.

Snowflake stock has struggled this year after a cybersecurity incident impacted its customers as well as fears AI could disrupt its business. The company's Q2 results were solid but did not alleviate investor fears.

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- #snowflakesummit--Snowflake (NYSE: SNOW), the AI Data Cloud company, will attend the Goldman Sachs Communacopia + Technology Conference. Chief Financial Officer Mike Scarpelli will present at the conference on Thursday, September 12th, at 9:30 a.m. PT. An event webcast will be accessible on the investor relations section of the Snowflake website...

Snowflake faces decelerating growth and cyberattack concerns, leading to a bearish outlook. The company forecast a significant deceleration in key product revenue growth to only 20% in FQ4. Despite promising future prospects with AI technology, the stock's rich valuation at 12x forward sales suggests Snowflake still needs to trade lower.