Snowflake Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2021

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Deutsche Bank Upgrades Snowflake Inc. (SNOW) to Buy

March 4, 2021 6:01 AM EST

Deutsche Bank analyst Patrick Colville upgraded Snowflake Inc. (NYSE: SNOW) from Hold to Buy with a price target of $300.00.

The analyst comments "In our view, the risk/reward now looks more favorable and we upgrade Snowflake to Buy. We raise our... More

Snowflake (SNOW) Misses Q4 EPS by 53c, Revenues Beat

March 3, 2021 4:04 PM EST

Snowflake (NYSE: SNOW) reported Q4 EPS of ($0.70), $0.53 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $190.47 million versus the consensus estimate of $178.5 million.

Product revenue of $178.3 million in the fourth quarter, representing 116% year-over-year growthRemaining performance obligations of $1.3 billion, representing 213%... More