SNOWFLAKE INC.

(SNOW)
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Delayed Nyse  -  04:00 2022-08-17 pm EDT
161.29 USD   -3.62%
08/17NORTH AMERICAN MORNING BRIEFING : Investors Seek -2-
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08/16UBS Downgrades Snowflake to Neutral From Buy, Adjusts Price Target to $175 From $165
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MinIO Partners with Snowflake to Deliver Multi-Cloud Data Accessibility

06/28/2022 | 09:00am EDT

MinIO Inc. announced a partnership with Snowflake, the Data Cloud company, which makes data stored on MinIO available to Snowflake customers regardless of where that data resides - from the edge to the cloud and across public, private and on-premises instances. MinIO is a high performance, Kubernetes-native, S3 compatible object store that is purpose built for the types of workloads used by Snowflake customers. Its performance exceeds comparable object stores, delivering tens of gigabytes of data per node in throughput. The performance characteristics have made MinIO a leading object store for machine learning frameworks, analytics applications, databases, web applications and other performance-oriented workloads. MinIO's architecture is renowned for its simplicity and scales from terabytes to exabytes easily. Joint customers of MinIO and Snowflake will be able to query and analyze multiple data sources residing on MinIO with the Snowflake Data Cloud. This partnership will allow customers to utilize the capabilities of the Snowflake Data Cloud, without incurring the cost to move data. It also enables joint customers to take advantage of multi-tenant data or complete analysis on data that cannot be moved for compliance or other business reasons.


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All news about SNOWFLAKE INC.
08/17NORTH AMERICAN MORNING BRIEFING : Investors Seek -2-
DJ
08/16GLOBAL MARKETS LIVE : Walmart, Home Depot, Darktrace, Twitter, Merck...
MS
08/16UBS Downgrades Snowflake to Neutral From Buy, Adjusts Price Target to $175 From $165
MT
08/16Barclays Raises Price Target on Snowflake to $210 From $158, Keeps Overweight Rating
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08/16What do investors want?
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08/16Snowflake to Present at Upcoming Investor Conferences
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08/15Tiger Global slashes portfolio amid losses
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08/15Tiger Global slashes portfolio amid losses
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08/15Morgan Stanley Adjusts Snowflake's Price Target to $274 From $295, Reiterates Overweigh..
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08/12There are two ways to see inflation data
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Analyst Recommendations on SNOWFLAKE INC.
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Financials (USD)
Sales 2023 2 018 M - -
Net income 2023 -742 M - -
Net cash 2023 3 406 M - -
P/E ratio 2023 -69,8x
Yield 2023 -
Capitalization 51 304 M 51 304 M -
EV / Sales 2023 23,7x
EV / Sales 2024 15,5x
Nbr of Employees 4 559
Free-Float 90,5%
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Mean consensus OUTPERFORM
Number of Analysts 36
Last Close Price 161,29 $
Average target price 197,31 $
Spread / Average Target 22,3%
EPS Revisions
Managers and Directors
Frank Slootman Chairman & Chief Executive Officer
Michael P. Scarpelli Chief Financial Officer
Thierry Cruanes Chief Technology Officer
Sunny Bedi Chief Information & Data Officer
Mike L. Speiser Lead Independent Director
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