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Snowflake Stock Surges After 'Milestone Quarter': Analyst Says 'AI Acting As A Catalyst' - Snowflake (NYS

Snowflake analysts are raising their price targets on the surging stock after Q1 results and AI growth.

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benzinga.comStai leggendo3 mesi fa

Snowflake Stock Surges After 'Milestone Quarter': Analyst Says 'AI Acting As A Catalyst' - Snowflake (NYS

Snowflake beat Q1 estimates with NRR at 126% and 13,600+ customers running AI/ML workloads — Snowflake Intelligence users doubled QoQ to 5,000+, driving a 37.5% single-day stock surge. AI is accelerating platform consolidation: data teams migrating to Snowflake cite AI workloads as primary trigger, directly challenging the Databricks share-shift narrative.

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Snowflake Stock Surges After 'Milestone Quarter': Analyst Says 'AI Acting As A Catalyst' - Snowflake (NYS

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Snowflake Stock Surges After 'Milestone Quarter': Analyst Says 'AI Acting As A Catalyst' - Snowflake (NYS

Timeline cronologica

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