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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Snowflake

Snowflake, Inc. provides cloud data warehousing software. This includes the Data Cloud, an ecosystem where Snowflake customers, partners, data providers, and data consumers can break down data silos and derive value from rapidly growing data sets in secure, governed, and compliant ways. Its platform supports a range of use cases, including data warehousing, data lakes, data engineering, data science, data application development, and data sharing. The cloud-native architecture consists of three independently scalable layers across storage, compute, and cloud services. The storage layer ingests massive amounts and varieties of structured and semi-structured data to create a unified data record. The compute layer provides dedicated resources to enable users to simultaneously access common data sets for many use cases without latency. The cloud services layer optimizes each use case's performance requirements with no administration. Snowflake was founded by Marcin Zukowski, Thierry Cruanes and Benoit Dageville on July 23, 2012 and is headquartered in Bozeman, MT.

Earnings data Q4 2021

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Snowflake reports robust Q1 performance, eyes AI disruption in supply chain

Snowflake's Q1 earnings call showcased strong financial performance, with a focus on AI and machine learning workloads, supply chain management, and competitive advantages. However, challenges in consumption patterns and cost scrutiny were discussed, alongside opportunities in disruptive AI technologies and long-term growth prospects.

Snowflake reports strong Q2 results, faces challenges in sales execution

Snowflake's Q2 performance was strong, but challenges exist in maintaining product revenue growth and improving sales execution. The company's focus on AI, data sharing, and new product offerings presents opportunities for future growth.

Snowflake reports robust Q3 performance and eyes AI opportunities

Snowflake's Q3 FY 2024 performance reflects strong growth in product revenue and non-GAAP adjusted free cash flow. The company's introduction of new technologies and strong customer engagement through events like the Data Cloud World Tour and the Build Developer Conference are notable. However, challenges in product gross margins and the evolving sales approach require attention. Snowflake is well-positioned to capitalize on the increasing interest in AI and the demand for advanced data solutions in large enterprises.

Snowflake reports strong Q4 growth, eyes international expansion and product innovation

Snowflake's Q4 performance reflects robust growth in product revenue, margins, and customer adoption, positioning the company well for future expansion.
While facing challenges in customer ramp-up and international performance, Snowflake's strategic strengths in partnerships, acquisitions, and financial stability provide a solid foundation for growth.
Opportunities lie in product innovation, market expansion, and operational efficiencies, signaling a positive outlook for Snowflake's continued success in the cloud data industry.
By balancing growth initiatives with cost management strategies, Snowflake aims to achieve its long-term revenue targets and enhance shareholder value through prudent investments and customer-centric focus.

Snowflake reports robust Q1 growth, eyes AI expansion and supply chain dominance

Snowflake's Q1 performance reflects strong growth in product revenue and a focus on AI-powered data solutions. Despite challenges in demand environment and consumption slowdowns, the company remains optimistic about long-term growth prospects. Snowflake's strategic acquisitions and focus on efficient growth position it well for future opportunities in AI and data management.

Snowflake reports robust Q2 growth, eyes AI strategy and partnerships

Snowflake's Q2 performance reflects strong revenue growth, customer engagement, and financial health.
Strategic strengths in AI focus, partnerships, and customer alignment position Snowflake for continued growth.
Challenges in consumption growth and sales execution optimization require attention for sustained success.
Opportunities lie in workforce expansion, data strategy enhancement, and leveraging Container Services for future growth.

Snowflake reports robust Q3 results, eyes AI opportunities and partnerships

Snowflake delivered strong Q3 performance with notable revenue growth, margin improvement, and customer acquisition, supported by innovative product introductions.
While facing challenges in legacy optimizations and NRR stabilization, Snowflake is well-positioned to leverage opportunities in AI, partnerships, and market expansion.
The company's strategic focus on sales specialization, technology advancements, and customer growth underscores its resilience and potential for sustained success.
Snowflake's market engagement, product innovation, and financial discipline position it favorably for continued growth and leadership in the cloud data platform space.

Snowflake reports robust Q4 earnings, eyes AI growth opportunities

Snowflake's Q4 FY '24 earnings call highlighted strong financial performance, innovative product offerings, and positive customer feedback, positioning the company for continued growth.
While facing challenges in consumption trends and revenue guidance, Snowflake's focus on AI initiatives and product enhancements presents opportunities for future expansion and market leadership.
With a new CEO, Sridhar Ramaswamy, at the helm and a clear long-term strategy, Snowflake aims to navigate market challenges and capitalize on its strengths to drive sustained growth and customer value.

Snowflake reports robust Q1 performance, eyes AI innovation for growth

Snowflake's Q1 performance reflects strong revenue growth and financial stability, supported by AI innovation and strategic partnerships.
Challenges include sustaining revenue growth, customer adoption of AI products, and effectively monetizing data through new features.
Opportunities in leveraging Iceberg capability, collaborations with Microsoft, and AI applications position Snowflake for continued growth and innovation.

Snowflake surpasses Q2 expectations, expands product portfolio for growth

Snowflake delivered exceptional financial results, exceeding expectations and demonstrating strong growth across key metrics. With a focus on innovation and customer satisfaction, Snowflake is well-positioned to capitalize on market opportunities and drive continued success. While facing competition and cybersecurity challenges, Snowflake's strategic initiatives and expanding product offerings bode well for future growth.

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Snowflake, Inc. engages in the provision of cloud data warehousing software. The firm offers Data Cloud, an ecosystem where Snowflake customers, partners, data providers, and data consumers can break down data silos and derive value from data. Its platform supports a range of use cases including data warehousing, data lakes, data engineering, data science, data application development, and data sharing. The cloud-native architecture consists of layers across storage, compute, and cloud services. The storage layer ingests structured and semi-structured data to create a unified data record. The compute layer provides dedicated resources to enable users to access common data sets for many use cases without latency. The cloud services layer optimizes each use case's performance requirements with no administration. The company was founded by Marcin Zukowski, Thierry Cruanes, and Benoit Dageville on July 23, 2012 and is headquartered in Bozeman, MT.

Microsoft

Those thinking that the AI boom would immediately benefit Snowflake were surprised when management lowered full-year guidance. Customers are beginning to delete data in reaction to tough macro conditions. Snowflake continues to generate strong cash flows and has a net cash balance sheet.

Snowflake: Why The Partnership With Microsoft Is A Game Changer

Snowflake's partnership with Nvidia, along with its other AI/ML-related innovations, is expected to significantly boost its revenue in the coming years. Despite reaching annualized revenues of nearly $2.5 billion, Snowflake still has a long runway for growth, with a largely untapped market among existing and prospective customers. Despite trading at higher multiples than many SaaS companies with similar growth rates, SNOW's unique growth prospects justify its current valuation.

Snowflake: Unique Growth Prospects Justify Current Valuation

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Trade Desk

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The FAANG Stocks Are Back -- But the GHOST Stocks Beat Them Hands Down Over the Past Year

Datadog

Shares of Datadog Inc. and Snowflake Inc. were among those in the software industry falling Wednesday after Microsoft Corp. offered more measured commentary on the state of the cloud-computing business than some may have hoped.

Shares of Snowflake, Datadog decline as Microsoft's cloud commentary fails to impress

Cloud data warehousing provider Snowflake Inc. ( SNOW , Financial) is at an inflection point. Next month, the company will announce fiscal second-quarter 2024 results.

A Look at Snowflake's Pros, Cons and Lofty Valuation

Snowflake generates enviable growth even in the midst of the worst downturn in more than a decade. The company's transparent pricing continues to attract customers of all sizes.

A Bull Market Is Coming: 1 Supercharged AI Growth Stock to Buy Hand Over Fist Before It Soars 223%, According to Wall Street

In the modern business landscape, change is not just constant, but rapid and radical. With disruptive technologies, we see a seismic shift in conceptualizing productivity.

2 AI Stocks Shaping the Tech Sector

Snowflake Inc. is a leader in the data warehousing space, and is looking to expand into other areas like data lakes. The company has a huge growth opportunity, not just from landing new customers, but also expanding the usage of existing customers. As a leader in the data warehousing space, Snowflake is able to compete meaningfully with other competitors like Amazon AWS Redshift and Databricks.

Snowflake: Huge Market Opportunity, But Not Without Risks

Another Play Big move by Sonata in Cloud & Data space BANGALORE, India , July 20, 2023 /PRNewswire/ -- Sonata Software (NSE: SONATSOFTW.NS) (BSE: SONATSOFTW.NS), a leading global Modernization Engineering company, announced that it has achieved Select Tier partner status from Snowflake, the Data Cloud Company, for the US region. As a select partner, Sonata can accelerate the digital transformation of its joint customers who can fully leverage the performance, flexibility and near-infinite scalability of the Snowflake Data Cloud.

Sonata Software Achieves Select Tier Partner Status with Snowflake for US Region

Snowflake allows for seamless data collaboration across different platforms. It's still reporting rapid revenue growth.

3 Reasons to Buy Snowflake Stock Despite Its Valuation

We're upgrading Snowflake Inc. to a buy from a hold for the longer-term investor after the Snowflake Summit 2023. We expect the Nvidia (NVDA) and Microsoft (MSFT) partnerships will likely accelerate growth and gain wallet share for Snowflake among customers during the A.I. boom. The stock is up 35% YTD, outperforming the S&P 500 by around 17%. We see the stock will continue outperforming into 2024 more significantly.

Snowflake: Outperformance Should Continue Post-Summit (Rating Upgrade)

Logitech

3 Tech Stocks to Sell in July

Scotiabank analyst Patrick Colville turned bullish on Snowflake, seeing an improving outlook for the cloud software company.

Snowflake Stock Spikes. An AI Boost Could Be Coming.

Snowflake and Nvidia recently announced a new partnership. Snowflake's revenue growth is slowing, despite expenses rising.

Down 60% From Its All-Time High, Should You Buy Snowflake Stock?

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Financial markets have come under significant pressure in 2022 as tough macroeconomic conditions, including 4-decade-high inflation and rising interest rates, led to bearish sentiment among stock investors.

This stock category is the best possible investment right now

Investors shouldn't overlook the role that data services will play in pushing AI forward. Artificial intelligence is also on track to spur growing demand for advanced cybersecurity technologies.

2 AI Stocks That Are Screaming Buys in July

Alphabet

Palantir Technologies

Investing in machine learning is often thought to be synonymous with investing in artificial intelligence ( AI ). In fact, many of the most popular AI stocks are also good machine learning stocks.

3 Machine Learning Stocks That Will Skyrocket Before 2025

In this series, I am searching for companies with 10x return potential based on a set of factors on which I evaluate two companies. I have developed a rating system based on factors such as returns on invested capital, insider ownership, share repurchases, gross profit margin, and intangibles to evaluate Palantir and Snowflake. I conclude that both companies show potential with operating leverage; they also have areas for improvement, particularly in terms of share repurchases and operating profitability.

The Hunt For Potential 10x Returns: 2 Software Giants

Snowflake Inc   (NYSE:SNOW) stock is up 0.2% at $172.85 at last check, bucking today's broader market pullback.

Snowflake Stock Looks Ready to Spring Higher

NVIDIA

Snowflake stock has gained about 27% year-to-date, underperforming the Nasdaq-100, which remains up by about 37%.

Is Snowflake A Buy Following AI Deal With Nvidia?

Cloud-based data warehouser Snowflake NASDAQ: SNOW stock has been forming a rounding bottom since its $119.26 low in January 2023. Snowflake's platform enables many different workloads on a single platform enabling data access and flexibility, which are crucial for artificial intelligence (AI) training and applications.

Snowflake Partners with NVIDIA and Microsoft for AI Data Cloud

Fintel reports that on June 30, 2023, Morgan Stanley reiterated coverage of Snowflake Inc – (NYSE:SNOW) with a Overweight recommendation.

Morgan Stanley Reiterates Snowflake Overweight Recommendation

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- #TheDataCloud--Snowflake (NYSE: SNOW), the Data Cloud company, last week concluded its fifth-annual Snowflake Summit conference and its largest data, apps, and AI event with nearly 12,000 in-person attendees live in Las Vegas, Nevada from June 26-29, and over 11,000 registered virtually. The four-day conference brought together customers, partners, technical experts, and executives from around the world as Snowflake unveiled new innovations that enable customer.

Snowflake Concludes its Largest Data, Apps, and AI Event with New Innovations that Bring Generative AI to Customers' Data and Enable Organizations to Build Apps at Scale

Artificial intelligence news this week came from software companies Snowflake and Databricks as well as investment firm BlackRock.

AI Stocks: Rival Software Makers Battle, BlackRock Calls AI Potential A 'Mega Force'

Snowflake and Nvidia are teaming up to give Snowflake customers the ability to use their own data for proprietary AI creation. Adding this capability may actually be helping Snowflake play catch-up to a private competitor.

News for Snowflake Stock (SNOW)