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’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, 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, Elastic Upgraded As Wall Street Analyst Cites Emerging AI Battlefield
A Wall Street analyst upgraded Snowflake and Elastic as he pointed to software as the new key AI battleground.
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,
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.
Snowflake: AI Evolution Overplayed
FQ3 earnings but remains overvalued based on limited AI revenue and decelerating growth. Click for this SNOW update.
Here's Why Snowflake Stock Popped Again Today
Last week, data company Snowflake ( SNOW 5.16%) reported financial results for its fiscal third quarter of 2025. The market ...
Snowflake lifts product revenue forecast, enters AI deal with Anthropic
Data analytics provider Snowflake on Wednesday raised its annual product revenue forecast and said it has teamed up with AI ...
From Data To Insights: Snowflake's AI Evolution And Investment Potential
Snowflake aims to boost revenue with the new CEO and AI enhancements to compete with Databricks while partnering with ...
Did Warren Buffett Dump This Artificial Intelligence (AI) Stock Too Soon? It's Up 26% Since Berkshire Hathaway Hit the Sell Button.
Did Warren Buffett Dump This Artificial Intelligence (AI) Stock Too Soon? It's Up 26% Since Berkshire Hathaway Hit the Sell ...
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Snowflake’s Strategic Positioning and Growth Prospects in the AI Sector Lead to Upgraded OUTPERFORM Rating
Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter Daniel Ives has given his Buy rating due to a combination of factors including Snowflake’s strategic ...
Snowflake shares surge on rosy forecast, AI deal with Anthropic
Snowflake's shares surged more than 28% on Thursday after the data analytics provider raised its annual product revenue ...