Snowflake upgraded by Barclays with a new price target
$SNOW
Computer Software: Prepackaged Software
Technology
Barclays upgraded Snowflake from Equal Weight to Overweight and set a new price target of $190.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/17/2025 | $201.00 | Overweight | Cantor Fitzgerald |
| 1/10/2025 | $190.00 | Equal Weight → Overweight | Barclays |
| 1/7/2025 | $150.00 → $200.00 | Equal Weight → Overweight | Wells Fargo |
| 11/25/2024 | $190.00 | Neutral → Outperform | Wedbush |
| 11/21/2024 | $140.00 → $188.00 | Buy | Monness Crespi & Hardt |
| 11/6/2024 | $140.00 | Neutral → Buy | Monness Crespi & Hardt |
| 10/22/2024 | Buy → Neutral | Cleveland Research | |
| 10/1/2024 | Hold | Argus |
Global program aims to train and certify one million students and business professionals in high-growth and emerging markets by 2029 on Snowflake AI Data Cloud, arming them with the knowledge and resources to pursue and expand careers in the tech industry Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced the launch of its One Million Minds + One Platform program with the goal of training and certifying more than 100,000 users on the Snowflake AI Data Cloud by 2027 at no cost for learners, and upskilling one million people on data and AI by 2029. Fueled by Snowflake's $20 million investment, the One Million Minds + One Platform program will provide Snowflake-delivered train
Acquisition will supercharge data engineering on Snowflake's platform with simple, scalable, and cost-effective unstructured data ingestion in the AI Data Cloud Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it has signed a definitive agreement to acquire Datavolo, the company built to rapidly accelerate the creation, management, and observability of multimodal data pipelines for enterprise AI1. With this acquisition, Snowflake will deepen its service in the ‘bronze layer' of the data lifecycle and will deliver a simple way for data engineering teams to integrate all of their enterprise systems with Snowflake's unified platform, where they can then unlock data for AI an
Snowflake and Anthropic sign a multi-year strategic partnership to deliver Anthropic's industry-leading Claude models to customers in Snowflake Cortex AI Anthropic's latest Claude 3.5 Sonnet model will be available within the security and governance perimeters of Snowflake on AWS Claude will serve as a key large language model powering Snowflake's agentic AI products, including Snowflake Intelligence and Cortex Analyst Snowflake (NYSE:SNOW), the AI Data Cloud company, and Anthropic, an AI safety and research company, today announced a strategic multi-year partnership that will enable global enterprises to develop and scale easy, efficient, and trusted AI products, apps, and workfl
Product revenue of $900.3 million in the third quarter, representing 29% year-over-year growth Net revenue retention rate of 127% 542 customers with trailing 12-month product revenue greater than $1 million 754 Forbes Global 2000 customers Remaining performance obligations of $5.7 billion, representing 55% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its third quarter of fiscal 2025, ended October 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241120291775/en/Snowflake Q3 FY25 Infographic (Graphic: Snowflake) Revenue for the quarter was $9
Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the third quarter of fiscal year 2025, which ends October 31, 2024, following the close of the U.S. markets on Wednesday, November 20, 2024. Snowflake will host a conference call to discuss the financial results. Conference Call Details The conference call will begin at 3 p.m. Mountain Time on November 20, 2024. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 722726). For investors and participants outside the United States, see global dial-in numbers here (Access code: 722726). The call will also be webcast live on the Snowflake Investor Rela
Product revenue of $829.3 million in the second quarter, representing 30% year-over-year growth Net revenue retention rate of 127% 510 customers with trailing 12-month product revenue greater than $1 million 736 Forbes Global 2000 customers Remaining performance obligations of $5.2 billion, representing 48% year-over-year growth Authorized the repurchase of an additional $2.5 billion under our stock repurchase program through March 2027 Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its second quarter of fiscal 2025, ended July 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.c
4 - Snowflake Inc. (0001640147) (Issuer)
4 - Snowflake Inc. (0001640147) (Issuer)
4 - Snowflake Inc. (0001640147) (Issuer)
4 - Snowflake Inc. (0001640147) (Issuer)
4 - Snowflake Inc. (0001640147) (Issuer)
4 - Snowflake Inc. (0001640147) (Issuer)
144 - Snowflake Inc. (0001640147) (Subject)
144 - Snowflake Inc. (0001640147) (Subject)
144 - Snowflake Inc. (0001640147) (Subject)
Cantor Fitzgerald initiated coverage of Snowflake with a rating of Overweight and set a new price target of $201.00
Barclays upgraded Snowflake from Equal Weight to Overweight and set a new price target of $190.00
Wells Fargo upgraded Snowflake from Equal Weight to Overweight and set a new price target of $200.00 from $150.00 previously
USA News Group Commentary Issued on behalf of Avant Technologies Inc. VANCOUVER, May 31, 2024 /PRNewswire/ -- USA News Group – With the artificial intelligence (AI) revolution fully underway, the importance and security of the data centers that power the new technology is surging. The role and preservation of these data centers is generating multiple calls for them and their power sources to be recognized as a matter of national security. Former Google CEO Eric Schmidt went so far as to predict that AI data centers will one day be "on military bases surrounded by machine guns," as stated in an interview with Noema Magazine. According to analysts at Dell'Oro Group, data center spending is fo
USA News Group News Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, May 2, 2024 /PRNewswire/ -- USA News Group News Commentary – According to the International Monetary Fund (IMF), the integration of artificial intelligence (AI) will affect almost 40% of jobs around the world. While still early in the AI revolution, experts are stepping forward to help businesses across a wide variety of industries to embrace it. Analysts at Statista are projecting the Global AI Market will surpass $1.75 trillion by 2030. Now CIOs across multiple sectors are eager to scale their companies' AI despite current difficulty demonstrating ROI, according to a new survey. Helping to get companies swiftl
Frank Slootman remains Chairman of the Board Snowflake (NYSE:SNOW), the Data Cloud company, announced today that Frank Slootman has decided to retire as Chief Executive Officer and Sridhar Ramaswamy has been named as Chief Executive Officer and member of the Board of Directors effective immediately. Mr. Ramaswamy previously held the position of Senior Vice President of AI at Snowflake. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240228398564/en/Sridhar Ramaswamy, Chief Executive Officer of Snowflake (Photo: Business Wire) Frank Slootman will continue to serve as Chairman of the Board. "As the leading cloud data platform,
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