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Stock impact report

Analysts unveil new price targets for Snowflake after earnings [Yahoo! Finance]

FactSet Research Systems Inc. (FDS) 
Last factset research systems inc. earnings: 3/26 07:01 am Check Earnings Report
US:NYSE Investor Relations: investor.factset.com
Company Research Source: Yahoo! Finance
market move followed the data-storage and -analytics software company's report of stronger-than-expected fiscal-fourth-quarter earnings. For the period ended Jan. 31 the company on Feb. 26 posted adjusted earnings of 30 cents a share on revenue of $987 million, exceeding analysts' expectations of 17 cents and $956 million, according to LSEG's data. In guiding analysts and investors, the Bozeman, Mont., company projects fiscal 2026 first-quarter product revenue between $955 million and $961 million. At the top end, the projection meets the StreetAccount estimate of $961 million. Snowflake has been ramping up its artificial-intelligence offerings to keep up with the growing competition in developing advanced large language models and AI-driven solutions. Stay ahead of the markets: Subscribe to TheStreet's free daily newsletter It has said that it expanded its partnership with Microsoft MSFT to integrate OpenAI's models into its Cortex AI platform. "We now have over 4,000 Show less Read more
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