Snowflake Just Signed A 5-Year Check To Its Biggest Competitor

Snowflake is a Hold due to its premium valuation, hyperscaler margin pressures, and intensifying competition from Databricks.

Snowflake forecasts $5.84B FY 2027 product revenue and raises growth outlook to 31% driven by AI adoption

"For FY '27, we now expect product revenue of $5.84 billion, representing 31% year-over-year growth" (Chief Financial Officer Robins). "In Q2, we expect product revenue between $1.415 billion and ...
The Caledonian-Record

Snowflake Reports Financial Results for the First Quarter of Fiscal 2027

Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced financial results for its first quarter of fiscal 2027, ...