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Considering Investing in Snowflake Stock? 📈💰 Find out if it's a smart move in our new article "Is Snowflake Stock a Buy Now?". Check it out here: https://t.co/zJI7aRd2Vi #Investing #StockMarket #Snowflake

Snowflake's Recent Earnings: A Perspective on the Market Reaction Snowflake's (SNOW -3.59%) recent earnings announcement and the subsequent tumble of its stock price have caught the eye of many. The company's shares plummeted from around $230 to $165 following the disclosure of not just underwhelming guidance but also the unexpected exit of CEO Frank Slootman. This steep descent raises eyebrows, especially for a company at the heart of AI's promising future. The question on many investors' minds: Is this sell-off an overreaction or a much-needed correction? On one hand, a 32% year-over-year revenue increase to $774.7 million and a high net revenue retention rate of 131% signal robust health and growing demand for its cloud-based data platform. However, the expansion of the quarterly operating loss and a Q1 revenue outlook slightly shy of analyst expectations have evidently shaken confidence. Yet, what seems to be overlooked in the flurry of reactions is the long-term view. Snowflake operates in a sector ripe with opportunity, especially with AI's unrelenting advance. The departure of a CEO, while notable, isn't inherently a signal of doom. Leadership transitions are natural, and as Frank Slootman himself noted, his successor, Sridhar, is more than equipped to steer Snowflake into its next growth phase. History is littered with examples, like Apple's post-Steve Jobs era, where companies not only survive but thrive following the change of a visionary leader. As investors and industry observers, we must strive to balance our assessments with both the immediate and the horizon view. The markets may react sharply to news, but the true value and potential of companies like Snowflake are often best measured in strides, not stumbles. Let's not allow short-term tremors to distract us from the long-term potential. #Snowflake #Investing #LeadershipTransition #MarketReaction #LongTermView

3 Red Flags for Snowflake's Future by [email protected] (Leo Sun) via The Motley Fool ([Global] oracle cloud) URL: https://ift.tt/PpbIzUt It's been a tough four years for Snowflake (NYSE: SNOW). The cloud-based data warehousing company went public at $120 per share on Sept. 16, 2020, more than doubled on its first trade to $245, and touched a record high of $401.89 on Nov. 16, 2021. At the time, the bulls were impressed by its triple-digit percentage growth rates and investments in its IPO from Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) and Salesforce (NYSE: CRM). The buying frenzy in growth and meme stocks amplified its share price gains and caused many investors to overlook its soaring valuation. Image source: Getty Images. But as of this writing, Snowflake trades at about $127. It has nearly taken a round trip back to its IPO price as its growth cooled off and rising interest rates compressed its valuations. Snowflake's product revenue, which accounts for most of its top line, soared 106% in its fiscal 2022 (which ended in January 2022) and another 70% in fiscal 2023, but grew by just 38% in its fiscal 2024. Management expects that deceleration to continue with just 24% growth in fiscal 2025. Snowflake mainly attributed the slowdown to macroeconomic headwinds, but its persistent losses and the abrupt retirement of its CEO Frank Slootman earlier this year prevented the bulls from coming back. I recently argued that investors might be getting too bearish on Snowflake -- but three red flags could hold its stock back for the foreseeable future. 1. Berkshire Hathaway has given up Salesforce gradually sold all of its shares of Snowflake throughout 2021 and 2022, but during that period, Berkshire Hathaway held on to all 6.13 million of the shares it picked up in the IPO. That only accounted for about 0.2% of the conglomerate's massive investment portfolio, but the bulls believed that its faith in the company indicated that it was still a worthwhile long-term investment. After all, Buffett rarely invests in tech stocks -- and previously, he only invested in blue chip tech companies like Apple, HP, IBM, and Oracle. That's why Berkshire's investment in Snowflake, a hypergrowth cloud stock without any GAAP (generally accepted accounting principles) profits, attracted so much attention. But in the second quarter of 2024, Berkshire Hathaway liquidated its entire stake in Snowflake. It still likely reaped a profit since Snowflake's stock traded at an average price of $147.69 during the quarter, but that would have been a disappointing result. That sale wasn't too surprising. Berkshire Hathaway has been selling a lot of stocks -- including half its stake in Apple and all of its HP shares -- to raise more cash over the past year. Buffett's conglomerate ended its latest quarter with a record $277 billion in cash and equivalents on its books -- so it might be keeping some powder dry for a potential ma...

**Why Snowflake (SNOW) Stock Is Trading Lower Today: A Golden Opportunity in Disguise** 💡Don't Let Fear of Missing Out Dim Your Vision. Act Now! 💪 Amidst the sea of market fluctuations, it's essential to maintain a high level of resilience and strategic thinking. As an experienced Investment Advisor, I firmly believe that every setback presents a hidden opportunity. Today, we take a closer look at why Snowflake (SNOW) stock may be trading lower, and more importantly, how this situation can offer a golden chance for investors with Health Savings Accounts (HSAs) to make informed investment decisions. 📉 The initial reaction to a declining stock might evoke feelings of fear and doubt. However, it's crucial to approach such situations with a positive mindset and the necessary knowledge to seize the moment. Snowflake's recent stock decline could be attributed to various factors, including broader market trends, short-term investor sentiments, or even industry-specific challenges. Embracing these challenges as learning opportunities is what sets successful investors apart from the rest. With a well-diversified portfolio, investing a portion of your HSA funds in promising opportunities like Snowflake can potentially generate substantial returns over the long term. This data warehousing company has displayed remarkable growth potential, empowering organizations with its advanced cloud-based solutions. ⚡️ So, how can you seize this golden opportunity? By analyzing the fundamental strengths of Snowflake, staying up-to-date with market developments, and devising a personalized investment strategy, you can position yourself for success. Remember, your HSA combines both healthcare and financial aspects – allowing you to protect your health while building wealth for your future. 💰 Don't let the temporary fluctuations demoralize you. Act now, consult with your trusted investment advisor, and leverage the power of smart investment decisions to grow your HSA while empowering your financial future. Join the ranks of successful investors who embrace challenges, and unlock the potential of your HSA today. #hsa #investing #healthcare #health #family #wellness 💼📈🏥🌱😃

Snowflake Inc.’s stock was tumbling more than 20% in Wednesday’s extended session after the company underwhelmed with its outlook and announced that its chief executive has left that post.For the fiscal first quarter, Snowflake SNOW, -1.72% models $745 million to $750 million in product revenue, whereas analysts tracked by FactSet had been calling for $759 million.Looking at the full fiscal year, Snowflake is calling for $3.25 billion in product revenue, whereas analysts had been modeling $3.43 billion.The company generated a fiscal fourth-quarter net loss of $169.9 million, or 51 cents a share, compared with a loss of $207.2 million, or 64 cents a share, in the year-before period.On an adjusted basis, Snowflake earned 35 cents a share, whereas it earned 14 cents a share a year before. Analysts surveyed by FactSet were modeling 18 cents in adjusted earnings per share.Snowflake’s revenue rose to $774 million from $589 million a year prior, while analysts had been looking for $760 million. The company generated $738 million in product revenue, whereas the FactSet consensus was for $716 million.Reported By Marketwatch

Snowflake CEO Ramaswamy Sridhar recently purchased over 31,000 shares of Snowflake at $158.52 per share. As legendary investor Peter Lynch once said, "Insiders might sell their shares for any number of reasons, but they buy them for only one: They think the price will rise." This move by the CEO could be seen as a vote of confidence in the company's future growth prospects. It's always interesting to see insiders putting their money where their mouth is. Load up. #Snowflake #Investment #Insiders #CEO #GrowthPotential

Hello Snowflake Connections! Thought this would be interesting to share. Usually I am sharing news related to the new tech that Snowflake, Microsoft, and AWS are releasing, however its just as interesting the learn about the business side things! #data #snowflake

Discover the financial performance, stock price volatility, and investment insights of Snowflake Inc. Learn more about this cloud-based data #CloudComputing #DataAnalytics #StockPriceForecasr #MarketAnalysis #Snowflake #SNOW #VolatileStocks #GrowthStock

Snowflake Q2 Earnings Report: Mixed Signals 🔢 Snowflake (NYSE: SNOW) has released its Q2 earnings: EPS: $0.19 (beating $0.16 estimate) Revenue: $868.82M (vs $851.58M expected) Product revenue: $829.3M (30% YoY growth) Net revenue retention rate: 127% Customers with >$1M trailing 12-month product revenue: 510 Forbes Global 2000 customers: 736 Remaining performance obligations: $5.2B (48% YoY growth) Additional News: Full-year product revenue forecast raised to $3.36B from $3.30B Authorized additional $2.5B share buyback through March 2027 Challenges: GAAP operating loss of $355.3M (41% of revenue) Projected slowdown in product revenue growth to 22% for Q3 FY2025 Market Reaction: Stock down in after-hours trading Despite beating estimates, the significant operating loss and projected growth slowdown appear to be weighing on investor sentiment. #Snowflake #EarningsReport #Tech #Stocks #Cloud #Computing #FinancialResults #Earnings #Economy

Snowflake needs to channel MAXIMUM focus on both getting investors excited about their vision and roadmap for AI, and convincing customers to adopt their AI offerings versus others as they roll them out. This all depends on how good the products actually are, and how relevant they are to customer’s needs! Their main advantage here is that they already have customer’s data and trust. Assuming the CEO can pull this off, it might be a few more quarters till the pivot to an AI first strategy with Cortex Suite and Arctic LLMs truly reflects in earnings and stock performance. Other incumbent SaaS companies are in a similar boat, where they must convince customers to not look elsewhere for AI solutions, amidst several other companies, especially new startups, promising to be better at AI than them. $SNOW #SaaS