From Yahoo Finance: 2025-05-22 22:02:00

Snowflake Inc. (NYSE:SNOW) soared by 13.43 percent, closing at $203.18 after surpassing $1 billion in revenue for the first quarter of fiscal year 2026. Despite a 35% higher net loss of $430 million, the company expects product revenues to grow by 25% in the second quarter. Citi Group raised its price target to $245.

Snowflake Inc. (SNOW) ranked 10th on the list of stocks that surged. While SNOW shows potential, some AI stocks may offer higher returns with less risk. For insights on a potentially lucrative AI stock with 10,000% upside, read our report. Citi Group recommends buying SNOW stock with a price target of $245.

(Source: https://www.insidermonkey.com/blog/these-10-stocks-soared-by-double-digits-today-1539863/)

Read more: Why Snowflake Inc. (SNOW) Soared Today