Is SNOW a good stock to buy?
We came across a bullish thesis on Snowflake Inc. on Atlas.ML’s Substack
In this article, we will summarize the bulls’ thesis on SNOW. Snowflake Inc.’s share was trading at $175.26 as of May 27th. SNOW’s forward P/E was 99.01 according to Yahoo Finance.
Copyright: welcomia / 123RF Stock Photo Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. SNOW surged approximately 37% in after-market trading following a strong Q1 FY2027 earnings report that reinforced its positioning at the center of the emerging Agentic AI-driven data economy. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential The company delivered broad-based beats across key financial metrics, with adjusted EPS of $0.39 versus $0.32 expected and revenue of $1.39 billion versus $1.32 billion expected, driven by accelerating product revenue growth of 34% year-over-year to $1.33 billion and a robust net revenue retention rate of 126%, underscoring expanding enterprise wallet share. Remaining performance obligations rose 37.7% year-over-year to $9.21 billion, providing strong forward revenue visibility, while management raised FY2027 product revenue guidance to $5.84 billion and lifted non-GAAP operating margin guidance to 13.5%, signaling improving operating leverage alongside sustained demand strength.