Quick Read – Snowflake (SNOW) reported Q1 product revenue of $1.33B, up 34% year-over-year, with FY27 guidance raised to $5.84B (31% growth) and non-GAAP operating margin lifted to 13.5%, while the stock remains down 20.1% year-to-date despite the beat-and-raise performance. -…
owflake is transitioning from a data warehouse model to an agentic AI control platform, supported by a $6B multi-year AWS agreement and deepened OpenAI partnership, positioning it for multiple expansion from 118x forward P/E today to 75x-100x by 2030 if EPS compounds toward $6-$8. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Snowflake didn’t make the cut. Grab the names FREE today
Snowflake (NYSE:SNOW) just delivered what CEO Sridhar Ramaswamy called “a milestone quarter,” with product revenue of $1.33 billion, up 34% year-over-year. The stock? Down 20.1% year to date.
That gap between business momentum and share price makes this name interesting heading into 2030. Can Snowflake shares reach $600 by 2030, more than triple today’s price? Why Snowflake Shares Are Stuck Despite a Beat-and-Raise Quarter Snowflake is a consumption-model story trading at premium multiples in a market that punished growth software hard in early 2026.