Is Snowflake Stock A Buy? Data Analytics Software Maker Gains Traction With Large Deals
Snowflake stock, the biggest software IPO ever, has pulled back. Here is what technical analysis says about buying SNOW stock.
4 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision.
Is Snowflake Stock a Buy?
The cloud-based software company's revenue rose 104% year over year to $272.2 million, beating estimates by $15.5 million. Let's dig deeper into its growth rates, challenges, and valuations to decide. AWS and Azure both provide their own integrated data warehousing solutions, so Snowflake is (ironically) paying its largest rivals.
Snowflake's Wild Growth Continues: Q2 Earnings in 5 Must-See Metrics
Customers are flocking to Snowflake -- and existing customers are rapidly increasing their spend with the data-warehouse specialist.
Why Snowflake Stock Surged Today
This impressive growth was fueled by a 60% increase in total customers, to 4,990. "Snowflake saw continued momentum in Q2 with triple-digit growth in product revenue, reflecting strength in customer consumption," CEO Frank Slootman said in a press release.
Snowflake Stock Climbs As Revenue Tops Views On Customer Growth In Financial Services
Snowflake stock climbed as second-quarter revenue growth decelerated from the previous quarter but topped analyst estimates.
Snowflake Media Sentiment
Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.
Media Coverage
We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.
Snowflake (NYSE SNOW) News Headlines Today
Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm.
