Snowflake (SNOW) and Oracle (ORCL) are leading the shift as enterprises modernize data infrastructure to meet the demands of large-scale AI workloads. The global cloud data platform market is valued at $22.78 billion in 2025 and is expected to reach $104.50 billion by 2033, with a CAGR of 24.3%. Snowflake offers cloud-native architecture with strong scalability and integrated AI tools like Cortex AI and Snowpark, while Oracle combines enterprise software legacy with a growing cloud portfolio. Snowflake reported $996.8 million in product revenue in the first quarter of fiscal 2026, with Oracle’s total cloud revenue rising 27% year over year in the fourth quarter of fiscal 2025. Snowflake’s shares have rallied 33.3% YTD, while Oracle’s have appreciated 53.4%. Snowflake trades at a premium valuation of 13.64X forward 12-month Price/Sales compared with Oracle’s 10.43X. The Zacks Consensus Estimate for Snowflake’s fiscal 2026 earnings is $1.06 per share, while Oracle’s is $6.73 per share. Snowflake is positioned as a core enterprise platform for AI-driven data workloads, with strong scalability and innovative features, making it a better buy compared to Oracle. Snowflake carries a Zacks Rank #2 (Buy), while Oracle has a Zacks Rank #3 (Hold).

Read more at Zacks Investment Research: Snowflake vs. Oracle: Which Cloud Data Stock Is Built for the AI Future? – August 6, 2025