From Nasdaq: 2025-05-30 17:15:00

Shares of Snowflake (NYSE: SNOW) have surged 29% in the past month after the release of its impressive fiscal 2026 first-quarter results. Earnings have seen a remarkable increase from the year-ago period, and better-than-expected guidance has fueled positive momentum for the stock. The company’s AI capabilities have attracted over 5,200 clients, with a 30% increase in the use of AI and machine learning solutions weekly. Snowflake’s adjusted earnings jumped 71% year over year, with a strong net revenue retention rate of 124%. Analysts predict a 40% earnings jump for the current fiscal year, suggesting continued growth for Snowflake.



Read more at Nasdaq: Is Snowflake Stock a Buy Now?