Snowflake Reports Financial Results for the Fourth Quarter and Full-Year of Fiscal 2024
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Snowflake Inc. (SNOW) PT Lowered to $185 at Rosenblatt, 'expect the stock to be down materially off these results'
February 29, 2024 6:37 AM ESTRosenblatt analyst Blair Abernethy lowered the price target on Snowflake Inc. (NYSE: SNOW) to $185.00 (from $190.00) while maintaining a Neutral rating.
The analyst comments "Wednesday after the market, Snowflake reported Q4 Product revenue growth of 33%, ~2% above our expectations, and total revenue of $775m (above our $767m and Consensus of... More
Snowflake Inc. (SNOW) PT Lowered to $220 at Deutsche Bank 'Based on updated guidance'
February 29, 2024 5:26 AM ESTDeutsche Bank analyst Brad Zelnick lowered the price target on Snowflake Inc. (NYSE: SNOW) to $220.00 (from $250.00) while maintaining a Buy rating.
The analyst comments "With more questions than answers coming out of the quarter, and our field work suggesting competition with... More
Snowflake (SNOW) Tops Q4 EPS by 17c
February 28, 2024 4:07 PM ESTSnowflake (NYSE: SNOW) reported Q4 EPS of $0.35, $0.17 better than the analyst estimate of $0.18. Revenue for the quarter came in at $774.7 million versus the consensus estimate of $760.59 million.
Guidance for Q1:
Product revenue $745 million - $750 million
For earnings history and earnings-related data on Snowflake (SNOW) click here.
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