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Snowflake stock gains 16% in a year as AI products and customer growth accelerated, but margin pressure, competition and a premium valuation cloud the outlook.

For the better part of two years, the question trailing Snowflake into every earnings call was the same one: when does the growth come back? May 27 delivered an answer, and the answer arrived with enough force that analysts who had spent recent months quietly trimming their price targets found themselves writing upgrade notes faster than they had written the cuts.

Snowflake Inc (NYSE:SNOW)'s artificial intelligence strategy is showing increasing signs of commercial traction, according to Jefferies analysts, who reiterated their ‘Buy' rating and $300 price target on the cloud data platform company following its user conference and investor day in San Francisco. This price target implies upside from current levels of about $245.

Morningstar values SpaceX at $780 billion, 56% below the $1.77 trillion IPO price, and says patient investors will get a better entry later.

Snowflake Inc (NYSE:SNOW)’s artificial intelligence strategy is showing increasing signs of commercial traction, according to Jefferies analysts, who...

Snowflake stock surged following its latest quarterly report, but can it sustain that momentum?

Anthropic just confidentially filed its S-1 with the Securities and Exchange Commission.

Dive into a side-by-side look at financials, growth, and risk as these cloud infrastructure leaders compete for a spot in your 2026 portfolio.

May was a big month for the technology sector. The Technology Select Sector SPDR Fund NYSEARCA: XLK, a commonly used proxy for the industry's performance, delivered a total return of 19.8%.

The stock market has always rewarded companies that outperform expectations. For decades, the formula was simple: beat earnings estimates, raise guidance, and watch the stock move higher. But the AI boom has changed the rules. Today, the S&P 500 continues to notch fresh all-time highs, yet much of that strength is concentrated in a relatively... A Stock's Most Important Phrase Is No Longer "Beat Estimates" - It's These 3 Words

Baron Global Opportunity Fund declined 4.8% (Institutional Shares) during the first quarter. Top contributors to performance were Space Exploration Technologies Corp., ASML Holding N.V., and Taiwan Semiconductor Manufacturing Company Limited. Top detractors to performance were Shopify Inc., Snowflake Inc., and Bajaj Finance Limited.

CHICAGO--(BUSINESS WIRE)--Northern Trust today announced at Snowflake's annual user conference, Snowflake Summit 26, that it is a founding member of the Financial Services Working Group under Open Semantic Interchange (OSI). OSI is an open source initiative designed to help organizations work from shared, consistent data definitions. While a universal format provides the structural blueprint, the true value lies in contextualizing data to reflect the unique nuances of specific industries - a mo.

SAN FRANCISCO--(BUSINESS WIRE)--Qlik expands Snowflake integrations, bringing data, governed context, and agentic capabilities to Snowflake-centered AI and analytics initiatives.

The AI trade keeps broadening across the stack, and the last few weeks have delivered a dense run of news.

CHICAGO--(BUSINESS WIRE)--NIQ has been named the 2026 Retail & Consumer Goods Snowflake Product Partner of the Year award recipient by Snowflake, the AI Data Cloud company.

Snowflake Inc. (SNOW) Analyst/Investor Day Transcript

IRVINE, Calif.--(BUSINESS WIRE)--Cotality joined Snowflake's OSI Financial Services Working Group to eliminate data friction and provide standardized, AI-ready datasets for agents.

SAN FRANCISCO--(BUSINESS WIRE)-- #agenticmarketing--DAS42, a Snowflake Elite Services Partner, today announced at Snowflake Summit 26 that it has been named the 2026 Marketing & Advertising Snowflake Services Partner of the Year by Snowflake, the AI Data Cloud company. The award recognizes DAS42's work helping media and entertainment clients unify fragmented audience data, build identity resolution capabilities on Snowflake, then deploying AI-powered tools on top of that foundation to drive advertising revenue.

New capabilities in Ataccama ONE define critical business concepts as trusted data products with trust scores delivered through Ataccama's MCP Server into Snowflake CoCo, Cortex CoWork, and enterprise AI tools New capabilities in Ataccama ONE define critical business concepts as trusted data products with trust scores delivered through Ataccama's MCP Server into Snowflake CoCo, Cortex CoWork, and enterprise AI tools

BOSTON--(BUSINESS WIRE)-- #DataGovernance--AtScale brings governed Snowflake metrics to Power BI and Excel — consistent answers across AI, dashboards, and spreadsheets without duplicating data.

Company recognized for powering decision intelligence natively in the Snowflake AI Data Cloud, enabling telecom leaders to turn data into real-time, outcome-driven decisions Company recognized for powering decision intelligence natively in the Snowflake AI Data Cloud, enabling telecom leaders to turn data into real-time, outcome-driven decisions

Recognition highlights Monte Carlo's data & AI observability leadership and commitment to helping enterprises run reliable AI on Snowflake Recognition highlights Monte Carlo's data & AI observability leadership and commitment to helping enterprises run reliable AI on Snowflake

PHOENIX--(BUSINESS WIRE)-- #Data--Semarchy, a recognized leader in master data management (MDM) solutions and a Select Snowflake partner, today announced the Semarchy Data Platform (SDP) Connected App at Snowflake Summit 26, the annual user conference by Snowflake, the AI Data Cloud company. The offering will be available through the Snowflake Marketplace, enabling customers to simplify procurement and apply Snowflake Marketplace Capacity Drawdown (MCD) credits toward investments in governed data produ.

SAN FRANCISCO--(BUSINESS WIRE)--Hightouch today announced at Snowflake's annual user conference, Snowflake Summit 26, that it has been named the 2026 Marketers and Advertisers Snowflake Product Partner of the Year award winner by Snowflake, the AI Data Cloud company. Hightouch turns Snowflake's AI Data Cloud into a marketer‑ready Composable Customer Data Platform and Agentic Marketing Platform. Together, Hightouch and Snowflake enable the world's best marketing and advertising teams to plan, bu.

SAN FRANCISCO--(BUSINESS WIRE)--Sigma today announced at Snowflake's annual user conference, Snowflake Summit 2026, that it has been named the 2026 Business Intelligence Snowflake Product Partner of the Year and the 2026 EMEA Snowflake Product Growth Partner of the Year award recipient by Snowflake, the AI Data Cloud company. This marks the fourth consecutive year Sigma has been recognized as Snowflake's top Business Intelligence partner and the first year the leader in AI applications for busi.

MIAMI--(BUSINESS WIRE)--Matia, the unified data operations platform, today announced at Snowflake Summit 26 it has launched on Snowflake Marketplace, giving joint customers a faster path to deploying Matia's ETL, reverse ETL, observability, and catalog capabilities directly alongside their Snowflake AI Data Cloud environment. The listing makes it simpler than ever for customers to discover, evaluate, and adopt Matia as the operational backbone for their data infrastructure. As more organization.

SAN FRANCISCO--(BUSINESS WIRE)--Elementum, the AI-native replacement for enterprise SaaS, today announced at Snowflake's annual user conference, Snowflake Summit 26, that it has been named the 2026 Snowflake Product Partner of the Year - Agentic Transformation by Snowflake, the AI Data Cloud company. Elementum was recognized for helping enterprises move beyond legacy SaaS systems and fragmented workflow automation toward AI-native, agentic operations built directly on the Snowflake AI Data Clou.

NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--Dataiku, the Platform for AI Success, today announced at Snowflake's annual user conference, Snowflake Summit 2026, that it has been named the 2026 Product Partner of the Year, AI Platform, award winner by Snowflake, the AI Data Cloud company. This is Dataiku's fifth consecutive win and recognizes the company's work helping more than hundreds of joint enterprise customers move from AI pilots to governed, production-scale deployments. “Dataiku and Snowf.

New integrations with Snowflake Semantic Views and Cortex AI allows teams to define, manage, and scale governed business logic across human and agent workflows New integrations with Snowflake Semantic Views and Cortex AI allows teams to define, manage, and scale governed business logic across human and agent workflows

New context, reasoning, and post-training capabilities help joint Snowflake and RelationalAI customers move from data and analytics to enterprise-scale decision intelligence New context, reasoning, and post-training capabilities help joint Snowflake and RelationalAI customers move from data and analytics to enterprise-scale decision intelligence

SAN FRANCISCO--(BUSINESS WIRE)--Flexor, the unstructured AI context company, today announced at Snowflake Summit 26 an integration with Snowflake, the AI Data Cloud company. Flexor's AI Context Engine (ACE) integrates natively into the Snowflake AI Data Cloud, enabling enterprises to transform unstructured data such as emails, calls, notes, documents, support tickets and agent chats into structured, AI-ready context that powers trusted enterprise AI at scale. Organizations are investing heavily.

NEW YORK--(BUSINESS WIRE)--Cyera, the AI Security Platform built for the age of agents, today announced at Snowflake's annual user conference, Snowflake Summit 26, expanded integrations with Snowflake to help enterprises safely scale AI agents. Together, Cyera and Snowflake give security and data leaders the visibility and control required to protect sensitive data while scaling the adoption of Cortex AI agents at the speed of the business. "Security and data leaders are under enormous pressure.

Snowflake's AI push gains traction with AWS and Anthropic partnerships, rapid customer growth and record AI product adoption as revenue outlook stays strong.

SAN FRANCISCO--(BUSINESS WIRE)--Arango today announced it will showcase Arango AutoGraph and preview Arango Virtual Graph at Snowflake Summit 2026, two capabilities of the Arango Contextual Data Platform that help organizations create an always-on Live Contextual Data Layer for enterprise AI. Together, these capabilities help organizations build connected business context once and make it continuously available across enterprise-wide AI initiatives. Despite historic investments in AI models, da.

Snowflake (SNOW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

SAN FRANCISCO--(BUSINESS WIRE)-- #SnowflakeSummit--SNOWFLAKE SUMMIT 26 – Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at Snowflake Summit 26 that Thomson Reuters, a global content and technology company serving professionals across legal, tax, and regulatory intelligence, is building its enterprise AI and data platform on Snowflake to deliver trusted, governed intelligence at scale. Thomson Reuters selected Snowflake in 2021 for its ability to bridge enterprise-grade governance and security.

SAN FRANCISCO--(BUSINESS WIRE)-- #SnowflakeSummit--SNOWFLAKE SUMMIT 26 – Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at Snowflake Summit 26 that Sanofi, one of the world's leading biopharmaceutical companies, has established a new blueprint for AI-powered biopharma with its launch of "Concierge for Field," a new AI agent built with Snowflake Cortex AI that prepares Sanofi's global sales representatives for every physician or provider visit. In a single conversation, a rep can ask for a pre-.

SAN FRANCISCO--(BUSINESS WIRE)-- #SnowflakeSummit--SNOWFLAKE SUMMIT 2026 – Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at Snowflake Summit 26 new capabilities that redefine interoperability for the AI era, enabling organizations to seamlessly access, govern, share, and act on data across systems without compromise. For the first time, enterprises can work on a single, live, governed copy of their data wherever it resides across Snowflake, external lakes, and open systems, without moving or.

SAN FRANCISCO--(BUSINESS WIRE)-- #SnowflakeSummit--SNOWFLAKE SUMMIT 26 – Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at Snowflake Summit 26 new innovations across Snowflake Horizon Catalog that redefine how enterprises govern, contextualize, and secure AI. As organizations move from AI experimentation to autonomous systems operating at enterprise scale, they need AI that operates using trusted business context, while remaining secure, governed, and compliant. Snowflake Horizon Catalog serve.

SAN FRANCISCO--(BUSINESS WIRE)-- #SnowflakeSummit--SNOWFLAKE SUMMIT 26--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at Snowflake Summit 26 new AI innovations that expand how organizations build and operationalize AI across the business. The latest enhancements to Snowflake CoWork (formerly Snowflake Intelligence) help enterprises move from insight to impactful action. Built for knowledge workers, CoWork is the personal agent that helps you work smarter. The latest CoWork enhancements are de.

SAN FRANCISCO--(BUSINESS WIRE)-- #SnowflakeSummit--SNOWFLAKE SUMMIT 26--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at Snowflake Summit 26 major new capabilities for Snowflake CoCo (formerly known as Cortex Code), the coding agent where you build faster, making it easier for builders to automate workflows, develop apps, and operationalize AI on enterprise data through a simple prompt. Snowflake also introduced Snowflake Datastream6, a new fully managed streaming service for Apache Kafka®7 t.

Three ALPS ETFs each gained more than 10% in May as investors shifted money into technology and away from traditional energy. Key Takeaways: ACES gained 19.4% last month and is up 72.5% over the past year, while the energy sector fell 5.31% for the week ended May 29.

Snowflake: Escalating Agentic AI Catalyst

SAN FRANCISCO--(BUSINESS WIRE)-- #SnowflakeSummit--SNOWFLAKE SUMMIT 26--Snowflake (NYSE: SNOW), the AI Data Cloud company, and Anthropic, the AI safety and research company, today announced at Snowflake Summit 26 significant momentum in their strategic partnership. Enterprises are increasingly adopting Anthropic Claude in Snowflake Cortex AI, Snowflake's suite of AI products, driven by growing demand for governed, production-ready AI. Together, Snowflake and Anthropic are helping enterprises move from AI experime.

Software stocks soared on Monday as investors grow increasingly confident that artificial intelligence will serve as a powerful growth catalyst rather than an existential threat to the industry's business models.

For a company that spent the better part of two years defending itself against questions about whether its growth story was finished, Snowflake (NYSE:SNOW) just put together a quarter that made those questions feel premature.

Snowflake Inc. (NYSE:SNOW) just put up one for the record books. The data cloud giant rocketed 87.3% in May — from an April 30 close of $136.47 to a May 29 finish of $255.55 — its best single-month performance in company history.

WELLESLEY, Mass.--(BUSINESS WIRE)--Redpoint Global, the Data Readiness Company, today introduced Redpoint Identity Studio, a Snowflake Native Application that resolves customer identities directly inside a customer's Snowflake environment. Available now on Snowflake Marketplace, Identity Studio turns identity resolution into governed data infrastructure: a transparent, configurable, and trusted foundation for any AI, analytics, or customer experience initiative. Most identity tools are built fo.

There is a new phrase dominating Wall Street right now, and if you have been paying attention to earnings calls, analyst notes, or market-moving headlines recently, you have almost certainly heard it. Agentic AI is being credited with sending certain stocks soaring and reshaping how the smartest money in the market thinks about the technology sector.

Wedbush Securities has raised its price target on Snowflake Inc. (NYSE:SNOW) to $280 from $270, maintaining an outperform rating on the data cloud enterprise. The adjustment signals roughly 10% upside from its current level as enterprise software shifts into a critical phase of artificial intelligence (AI) monetization.

Snowflake just posted a strong quarterly report, but its stock might have limited upside from here.

Custom IT application leaders—NOW, SNOW, MDB, and PLTR—are breaking out, driven by strong earnings and sector-wide AI adoption tailwinds. Each company is outperforming on revenue and ARR growth, with MDB and SNOW notably exceeding analyst expectations and showing robust customer expansion. NOW and SNOW are transitioning to or already operating on consumption models, mitigating risks tied to AI-driven workforce changes and supporting future growth.

The $6 billion commitment sent Snowflake's shares soaring.

The data-cloud company just reaccelerated and raised its outlook, and the rest of the group is starting to follow.

The stock rallied as revenue growth accelerated.

Snowflake is convincing investors it will be one of the winners in the AI era.

Software stocks bounced this week on strong results from Snowflake and Okta, which both recorded their best days on record. The results signal that investors may have been too quick to declare the end of software with the emergence of artificial intelligence.

A couple of the most hated names in software are finally showing signs of life, and the timing could surprise many investors.

The AI bull market accelerated in May as Dell, Micron and Snowflake surged, lifting U.S. stocks to record highs and extending a historic S&P 500 winning streak.

Shares of ServiceNow (NYSE:NOW | NOW Price Prediction) are up 14% in Friday trading, changing hands at roughly $124 after closing Thursday at $108.73.
