Why Snowflake Is Not A Falling Knife [Seeking Alpha]
Snowflake Inc. Class A (SNOW)
Last snowflake inc. class a earnings: 5/4 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
businesswire.com/news/home/20170427005594/en/intrawest-resorts-announces-fiscal-2017-quarter-earnings
Company Research
Source: Seeking Alpha
Snowflake's stock plummeted 15% post-2Q24 earnings, breaking key support levels, yet it remains a strong rebound investment in the SaaS market. Despite high stock-based compensation expenses affecting GAAP profitability, Snowflake enjoys robust sales growth and positive operating margins. The company reported better-than-expected 2Q24 earnings, with non-GAAP profits of $0.18 per share and a solid sales forecast for the year. Snowflake's market valuation suggests a potential 42% upside if it achieves consistent GAAP profitability, making it an attractive buy opportunity. Olena_T/E+ via Getty Images Snowflake Inc. ( NYSE: SNOW has sold off after the company reported quarterly results for 2Q24 that pointed towards an ongoing deceleration of its sales growth. The company's stock price plummeted 15% after earnings and have remained volatile ever since. Furthermore, the stock has broken through key support levels, including the 20-day and 50-day moving average lines, which has
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SNOW
News
- Is Snowflake Stock's 9.47X PS Still Worth it? Buy, Sell, or Hold? [Yahoo! Finance]Yahoo! Finance
- Snowflake Inc. (SNOW) Management presents at Goldman Sachs Communacopia + Technology Conference (Transcript) [Seeking Alpha]Seeking Alpha
- Snowflake Inc. (SNOW): A Magic Formula Stock You Should Pay Attention To [Yahoo! Finance]Yahoo! Finance
- Snowflake Inc (SNOW): Top Buy-the-Dip Stock With High Growth Potential in Data Cloud Services [Yahoo! Finance]Yahoo! Finance
- Several Reasons Dragged Snowflake (SNOW) in Q2 [Yahoo! Finance]Yahoo! Finance
SNOW
Earnings
- 8/21/24 - Miss
SNOW
Sec Filings
- 9/11/24 - Form 4
- 9/11/24 - Form 4
- 9/11/24 - Form 4
- SNOW's page on the SEC website