US EditionRBC Capital Raises Snowflake Stock Price Target on AI Positioning
- At the 2025 Snowflake Summit, the company unveiled key advancements including Snowflake Intelligence and Openflow, signaling a strategic move toward AI-powered business intelligence.
- Following Snowflake's latest earnings report covering the period ending January 31, the company disclosed revenue of $986.77 million alongside a GAAP net loss of $327.47 million, amid heightened insider share sales and cautious evaluations by analysts.
- Snowflake Intelligence enables natural language data queries with automatic access control, while Openflow is a multi-modal ingestion service eliminating data fragmentation and improving pipeline performance.
- CEO Sridhar Ramaswamy stated, "Snowflake is where data does more," emphasizing AI as crucial for embedding intelligence in every business query and decision.
- These innovations aim to make AI workflows accessible and efficient, supporting over 5,200 customers using Cortex AI, while analysts like Derrick Wood reiterated Buy ratings with a $240 price target.
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14 Articles
Royal Bank of Canada Issues Positive Forecast for Snowflake (NYSE:SNOW) Stock Price
Snowflake (NYSE:SNOW – Free Report) had its target price boosted by Royal Bank of Canada from $236.00 to $250.00 in a research note released on Wednesday morning,Benzinga reports. The brokerage currently has an outperform rating on the stock. Several other equities research analysts also recently commented on the company. Raymond James reissued an “outperform” rating and issued a $212.00 price objective (up previously from $196.00) on shares of …
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tickerreport.comSnowflake (NYSE:SNOW) Price Target Raised to $250.00
Snowflake (NYSE:SNOW – Free Report) had its target price increased by Royal Bank of Canada from $236.00 to $250.00 in a report published on Wednesday morning,Benzinga reports. Royal Bank of Canada currently has an outperform rating on the stock. Other equities analysts have also issued reports about the company. Daiwa America raised Snowflake to a […]
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