Added to YB: 2026-06-01
Pitch date: 2026-05-28
SNOW [neutral]
Snowflake Inc.
+39.21%
current return
Author Info
No bio for this author
Company Info
Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally.
Market Cap
$118.8B
Pitch Price
$240.69
Price Target
280.00 (-16%)
Dividend
N/A
EV/EBITDA
-124.20
P/E
-106.39
EV/Sales
21.58
Sector
IT Services
Category
growth
Snowflake, Inc. (SNOW) -- Q1 FY2027 Results
SNOW (earnings): Q1 rev $1.334B (+34% YoY, +400bps accel vs Q4), $70M beat vs guide. Mgmt raised FY27 guide from $5.66B to $5.84B (27%→31% growth). NRR inflected up to 126% from 125%, RPO +38%. Driver: Cortex Code (CoCo) GA'd Feb 5, now in model. 79 customers >$1M AI spend TTM (46 added in Q1 vs 2 YoY). 17 organic hires on 34% rev growth. Non-GAAP op margin 12% vs 9% guide. Risks: CoCo gross margin undisclosed (lower than core), enterprise throttling, co-founder Benoit Dageville departing. Trading 10.1x FY27 rev.
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