Snowflake’s stock advances on upgrade as AI ‘revolution’ hits its ‘next gear,’ one analyst says
Silicon Valley-based Snowflake is “in the sweet spot” to benefit from wider use of AI among businesses over the next 12 to 18 months, according to Wedbush analyst Dan Ives.
Snowflake Stock Rises as Wedbush Notes AI 'Sweet Spot' in Upgrade
Shares of Snowflake ( SNOW) gained about 3% Monday afternoon as Wedbush upgraded the stock, saying the cloud software provider is in the "sweet spot" to benefit from the booming demand for artificial intelligence (AI) products. The bank raised its rating on the stock to "outperform" from "neutral." It has a new price target of $190.
Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks
Wedbush Securities analyst Daniel Ives has significantly increased his optimism on the next phase of the AI revolution, focusing on its transformative impact on the software sector. The analyst projects a monumental shift driven by generative AI adoption,
Snowflake's stock floats higher on fresh upgrade
Snowflake Inc.'s stock is rising 3% in premarket trading on Monday after Wedbush analyst Daniel Ives upgraded the AI software maker to outperform from neutral. “Now its time for the broader software space to get in on the AI Party as we believe the use cases are exploding,
Snowflake, Elastic rise as Wedbush upgrades due to AI revolution hitting 'next phase'
Snowflake (SNOW) and Elastic (ESTC) were in focus on Monday as Wedbush Securities upgraded the software companies. Read for more.
Snowflake: From Foolish Hope To Promising Turnaround (Rating Upgrade)
Snowflake Inc.’s shares have been in the penalty box over the year, but the publication of Q3 earnings changed the picture.
The Motley Fool on MSN1d
Could Snowflake Stock Help You Become a Millionaire?
Snowflake's latest earnings report impressed the bulls. Its net revenue retention rate and margins are stabilizing. But its ...
Snowflake snaps up data management company Datavolo
Cloud giant Snowflake has agreed to acquire Datavolo, a data pipeline management company, for an undisclosed sum.
Snowflake: AI Evolution Overplayed
FQ3 earnings but remains overvalued based on limited AI revenue and decelerating growth. Click for this SNOW update.
Snowflake Shares Soar by Most in Four Years After Strong Outlook
Snowflake Inc. shares surged by the most in more than four years after the company issued a sales outlook that surpassed ...
Snowflake Surges In Pre-Market On Monday: What's Going On?
Wedbush analysts expressed heightened optimism about the software sector's role in the evolving AI Revolution, projecting ...
Snowflake Stock Surges as Revenue, Adjusted Profits Surpass Estimates
Snowflake shares surged Thursday, a day after the data software company reported better-than-expected third-quarter results, ...
Zacks.com on MSN20h
Investors Heavily Search Snowflake Inc. (SNOW): Here is What You Need to Know
Snowflake Inc. (SNOW) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock ...