Snowflake Inc.

SNOW

US8334451098

IT Services & Consulting

Real-time Estimate Cboe BZX Other stock markets 10:54:58 2024-04-26 am EDT			5-day change	1st Jan Change
158.8 ^USD	+4.15%		+8.99%	-20.34%

Apr. 24	Snowflake Launches Arctic: The Most Open, Enterprise-Grade Large Language Model	CI
Apr. 11	Will there be any Fed rate cuts this year?

Snowflake Inc. Reports Earnings Results for the First Quarter Ended April 30, 2022

May 25, 2022 at 04:05 pm EDT

Snowflake Inc. reported earnings results for the first quarter ended April 30, 2022. For the first quarter, the company reported sales was USD 422.37 million compared to USD 228.91 million a year ago. Net loss was USD 165.79 million compared to USD 203.22 million a year ago. Basic loss per share from continuing operations was USD 0.53 compared to USD 0.7 a year ago.

Latest news about Snowflake Inc.

Snowflake Launches Arctic: The Most Open, Enterprise-Grade Large Language Model	Apr. 24	CI
Will there be any Fed rate cuts this year?	Apr. 11
KeyBanc Initiates Snowflake at Overweight With $185 Price Target, Cites Benefits From 'Ease-of-Use, Strong Network Effects'	Apr. 11	MT
ANALYST RECOMMENDATIONS : Chipotle, Micron, Mastercard, Snowflake, Airbnb...	Apr. 11
Conflicting signals on rate cuts	Apr. 09
ANALYST RECOMMENDATIONS : Amex, Cisco, Nasdaq, Wells Fargo, Marathon Petroleum...	Apr. 09
North American Morning Briefing : Inflation Data, -2-	Apr. 08	DJ
Rosenblatt Securities Upgrades Snowflake to Buy From Neutral, $185 Price Target	Apr. 05	MT
Snowflake Revolutionizes Secure, Cross-Cloud Collaboration for High Value Business Outcomes with Snowflake Data Clean Rooms	Mar. 28	CI
EMBARGO-Software startup Observe raises $115 mln from Sutter Hill Ventures, Snowflake	Mar. 27	RE
Snowflake Insider Sold Shares Worth $309,793, According to a Recent SEC Filing	Mar. 21	MT
North American Morning Briefing : Markets on Hold -2-	Mar. 20	DJ
All eyes on the Fed	Mar. 19
Redburn Downgrades Snowflake to Sell From Neutral, Cuts Price Target to $125 From $180	Mar. 19	MT
ANALYST RECOMMENDATIONS : 3M Company, Snowflake, Splunk, Micron, Nvidia...	Mar. 19
Snowflake Expands Collaboration With Nvidia to Offer Full-Stack AI Platform	Mar. 19	MT
North American Morning Briefing : Stock Futures -2-	Mar. 19	DJ
Monness Crespi Hardt Upgrades Snowflake to Neutral From Sell	Mar. 18	MT
North American Morning Briefing : Investors -2-	Mar. 18	DJ
Old demons return as tech takes a dive	Mar. 15
Guggenheim Upgrades Snowflake to Neutral From Sell	Mar. 15	MT
ANALYST RECOMMENDATIONS : Abbvie, Align Technology; Ulta Beauty, United Airlines, Currys...	Mar. 15
Smartsheet revenue outlook misses estimates, stock sinks	Mar. 14	RE
Add a little SaaS to your life	Mar. 14
Snowflake Insider Bought Shares Worth $501,314, According to a Recent SEC Filing	Mar. 08	MT

Chart Snowflake Inc.

Duration

Period

More charts

Company Profile

Snowflake Inc. is a Data Cloud company. The Companyâs platform is the technology that powers the Data Cloud, enabling customers to consolidate data into a single source of truth to drive meaningful business insights, build data applications, and share data and data products. Its platform unifies data and supports a variety of workloads, including data warehousing, data lakes, and Unistore, as well as collaboration, data engineering, cybersecurity, data science and machine learning, and application development. The Company has developed technology across its platform, including managed service, storage, query capabilities, compute model, data sharing, global infrastructure, and integrated security. The Company also provides frictionless and governed data access so users can securely share data inside and outside of their organizations, generally without copying or moving the underlying data.

Sector

IT Services & Consulting

Calendar

2024-05-21 - Q1 2025 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

Snowflake Inc: Good and bad sides of the trade

March 01, 2024 at 05:25 am EST

More Strategies

Ratings for Snowflake Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

152.5 USD

Average target price

207 USD

Spread / Average Target

+35.73%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other IT Services & Consulting

	1st Jan change	Capi.
SNOWFLAKE INC.	-20.34%	50.93B
ACCENTURE PLC	-12.19%	194B
TATA CONSULTANCY SERVICES LTD.	+0.74%	167B
IBM	+1.68%	155B
AUTOMATIC DATA PROCESSING, INC.	+5.56%	101B
RELX PLC	+6.88%	76.69B
CROWDSTRIKE HOLDINGS, INC.	+19.29%	72.08B
INFOSYS LIMITED	-7.30%	71.48B
HCL TECHNOLOGIES LIMITED	+0.53%	48.89B
CAPGEMINI SE	+7.55%	36.9B

Other IT Services & Consulting

Snowflake Inc.

Equities

SNOW

US8334451098

IT Services & Consulting

Snowflake Inc. Reports Earnings Results for the First Quarter Ended April 30, 2022

EPS Revisions