Dell Technologies veteran brings decades of go-to-market expertise to support Snowflake's continued growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced the appointment of Bill Scannell to its Board of Directors, effective May 7, 2025. "The addition of Bill Scannell to Snowflake's Board of Directors comes at an exciting time as we continue to empower every enterprise to unlock the full potential of their data and AI," said Sridhar Ramaswamy, CEO at Snowflake. "Bill exemplifies field excellence: his deep experience in global sales and customer operations will be instrumental in driving us forward." Scannell is currently the President of Global Sales and Customer Operat

Snowflake's automotive solutions empower manufacturers like CarMax and Nissan with advanced data and AI solutions to drive innovation and efficiency Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced the continued expansion and significant momentum of its AI Data Cloud for Manufacturing with a focused acceleration of automotive-specific solutions. Since April 2023, Snowflake has seen significant adoption of its platform within the manufacturing sector, including a substantial 416% increase in the development of Data Application and Data Collaboration initiatives, reflecting the growing use of Snowflake to build custom manufacturing solutions and securely share data. Addition

Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the first quarter of fiscal year 2026, which ended April 30, 2025, following the close of the U.S. markets on Wednesday, May 21, 2025. 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 May 21, 2025. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 692434). For investors and participants outside the United States, see global dial-in numbers here (Access code: 692434). The call will also be webcast live on the Snowflake Investor Relations websi

Global research report shows that 98% of business and IT leaders surveyed plan to invest more in their AI initiatives in 2025, but 58% claim that making their data AI-ready remains a challenge Two-thirds of respondents are quantifying their AI ROI, finding that for every dollar spent, they are seeing $1.41 in returns through cost savings and increased revenue Snowflake (NYSE:SNOW), the AI Data Cloud company, in collaboration with Enterprise Strategy Group, today released the "Radical ROI of Generative AI," a global research report surveying 1,900 business and IT leaders across nine different countries — all of whom are actively using AI for one or more use cases. Of all respondents, 92

Snowflake also launches dedicated United States Public Sector entity, reinforcing commitment to Federal, Defense, and aerospace customers Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it has achieved Department of Defense (DOD) Impact Level 5 (IL5) Provisional Authorization (PA) on AWS GovCloud US-West. This authorization enables Snowflake to offer IL5 authorized solutions to organizations requiring the highest levels of protection for Controlled Unclassified Information (CUI) within the DOD and related agencies. It also allows the DOD to leverage advanced data analytics, collaborate securely, and generate AI-driven insights on Snowflake's platform to enhance mission-cr

Customers now get the best of both worlds: Iceberg's flexibility and interoperability coupled with Snowflake's powerful platform to make their data easy, connected, and trusted Thousands of customers including Illumina, Komodo Health, Medidata, and WHOOP can now easily activate open-format data with best-in-class performance Snowflake (NYSE:SNOW), the AI Data Cloud company, announced that it is bringing its core capabilities — unparalleled performance, secure data sharing, and data protection — to Apache Iceberg™ tables1, one of the fastest-growing open table formats, empowering organizations to activate data faster with zero data movement and open interoperability. As a result, Snowfl

Snowflake taps renowned technology go-to-market leader as CRO Chris Degan announces his retirement Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced that Mike Gannon is joining the company as Chief Revenue Officer, effective March 14, 2025. In his new role, Gannon will be responsible for Snowflake's revenue and go-to-market teams, helping to lead Snowflake through its next chapter of growth. Chris Degnan, Snowflake's current CRO, has decided to retire. "We're thrilled to bring Mike on board," said Sridhar Ramaswamy, Snowflake's Chief Executive Officer. "His experience developing world-class organizations in highly-competitive markets, and scaling operations during high-gro

Snowflake will host its largest-ever user conference with over 500 sessions, 200 on-site partners, 36 hands-on labs, three impactful keynotes including a fireside chat with OpenAI CEO, Sam Altman, and more Snowflake (NYSE:SNOW), the AI Data Cloud company, will host its seventh-annual user conference, Snowflake Summit 2025, live in San Francisco from June 2-5, 2025. Snowflake Summit 2025 is bringing the future of AI and data to the center stage, with this year's opening keynote featuring OpenAI CEO Sam Altman, and Snowflake CEO Sridhar Ramaswamy, for a fireside chat on Monday, June 2 at 5:00 p.m. PDT. The conversation will explore how organizations can drive immediate impact with the power

OneFibreData converges data, generates insights 2x faster & sets the stage for intelligent decisions Prodapt, a leading provider of consulting, business reengineering & managed services for the telecom & technology industry, today announced OneFibreData, a Snowflake-powered application for fibre broadband providers to use data to make operations efficient, customer experiences effortless and set the stage for Agentic AI workflows. Fragmented enterprise data and siloed functions make it hard to build intelligent, synchronized operations. OneFibreData solves it by integrating and ingesting data from multiple sources — cloud, on-prem and APIs — to build fast-scaling, governable data ecosys

The nearly 30,000 square foot space in Menlo Park will represent one of the largest dedicated spaces for developers, startups, and business leaders to shape the future of AI Snowflake also plans to invest up to $200M in next-gen startups innovating on its AI Data Cloud through the Snowflake Startup Accelerator Program, in partnership with leading VCs Snowflake continues to pioneer the future of AI, committing $20M toward AI upskilling and supporting more than 4,000 customers with AI/ML capabilities Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced that it is deepening its investments in AI innovation by opening the Silicon Valley AI Hub, a home for developers, star

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Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the first quarter of fiscal year 2026, which ended April 30, 2025, following the close of the U.S. markets on Wednesday, May 21, 2025. 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 May 21, 2025. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 692434). For investors and participants outside the United States, see global dial-in numbers here (Access code: 692434). The call will also be webcast live on the Snowflake Investor Relations websi

Product revenue of $943.3 million in the fourth quarter, representing 28% year-over-year growth Net revenue retention rate of 126% 580 customers with trailing 12-month product revenue greater than $1 million 745 Forbes Global 2000 customers Remaining performance obligations of $6.9 billion, representing 33% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its fourth quarter and full-year of fiscal 2025, ended January 31, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250226670487/en/Snowflake Q4 and Full-Year FY25 Infographic (Graphic: Snowflake)

Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the fourth quarter and full year of fiscal year 2025, which ends January 31, 2025, following the close of the U.S. markets on Wednesday, February 26, 2025. 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 February 26, 2025. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 180858). For investors and participants outside the United States, see global dial-in numbers here (Access code: 180858). The call will also be webcast live on the Snowf

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

Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced it will release its financial results for the second quarter of fiscal year 2025, which ends July 31, 2024, following the close of the U.S. markets on Wednesday, August 21, 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 August 21, 2024. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 788782). For investors and participants outside the United States, see global dial-in numbers here (Access code: 788782). The call will also be webcast live on the Snowflake Investor Relatio

Product revenue of $789.6 million in the first quarter, representing 34% year-over-year growth Net revenue retention rate of 128% 485 customers with trailing 12-month product revenue greater than $1 million 709 Forbes Global 2000 customers Remaining performance obligations of $5.0 billion, representing 46% year-over-year growth Snowflake (NYSE:SNOW), the AI Data Cloud company, today announced financial results for its first quarter of fiscal 2025, ended April 30, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240522387237/en/Snowflake Q1 FY25 Infographic (Graphic: Snowflake) Revenue for the quarter was $828

Snowflake (NYSE:SNOW), the Data Cloud company, today announced it will release its financial results for the first quarter of fiscal year 2025, which ends April 30, 2024, following the close of the U.S. markets on Wednesday, May 22, 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 May 22, 2024. Investors and participants may attend the call by dialing (833) 470-1428 (Access code: 837931), or if outside the United States, by dialing +1 (929) 526-1599 (Access code: 837931). The call will also be webcast live on the Snowflake Investor Relations website. An audio replay of the

Product revenue of $738.1 million in the fourth quarter, representing 33% year-over-year growth 461 customers with trailing 12-month product revenue greater than $1 million Net revenue retention rate of 131% 691 Forbes Global 2000 customers Remaining performance obligations of $5.2 billion, representing 41% year-over-year growth Snowflake (NYSE:SNOW), the Data Cloud company, today announced financial results for its fourth quarter and full-year of fiscal 2024, ended January 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240228273435/en/Snowflake Q4 and Full-Year FY24 Infographic (Graphic: Snowflake) Rev

Macquarie initiated coverage of Snowflake with a rating of Neutral and set a new price target of $160.00

Daiwa Securities initiated coverage of Snowflake with a rating of Buy and set a new price target of $210.00

Monness Crespi & Hardt reiterated coverage of Snowflake with a rating of Buy and set a new price target of $230.00 from $188.00 previously

BTIG Research upgraded Snowflake from Neutral to Buy and set a new price target of $220.00

Wolfe Research upgraded Snowflake from Peer Perform to Outperform and set a new price target of $235.00

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

Wedbush upgraded Snowflake from Neutral to Outperform and set a new price target of $190.00

Monness Crespi & Hardt reiterated coverage of Snowflake with a rating of Buy and set a new price target of $188.00 from $140.00 previously

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