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 Stock Soars on Wall Street Beat
Shares of Snowflake saw their largest percentage increase on record after the cloud data storage company posted better-than-expected product revenues and forged a new generative artificial-intelligence partnership.
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,
Here's Why Snowflake Stock Skyrocketed Today
Shares of data company Snowflake ( SNOW 32.71%) skyrocketed on Thursday after investors were pleasantly surprised with the financial results it reported for its fiscal third quarter of 2025. As of 12:40 p.m. ET, Snowflake stock was up 34%.
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 upgraded as AI ‘revolution’ hits its ‘next gear’ with software, 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, 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.
Is It Too Late to Buy Snowflake Stock?
After struggling since the spring, Snowflake (NYSE: SNOW) stock has surged much higher following the release of earnings for ...
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.
Snowflake stock jumps 33% on Thursday, analysts see more upside potential
Snowflake stock rallied today on a solid quarter and impressive guidance. Goldman Sachs analyst Kash Rangan sees upside in ...
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Snowflake Shares Soar as Outlook Brightens. Is It Too Late to Buy the Stock?
Snowflake turned in Q3 results that nicely topped expectations. There have been questions surrounding whether AI will help ...
Snowflake: AI Evolution Overplayed
FQ3 earnings but remains overvalued based on limited AI revenue and decelerating growth. Click for this SNOW update.