SNOW is up 47% YTD near its 52-week high as AI agents continuously burn compute credits on Snowflake's consumption-based platform.
SNOW has outpaced SPY by 35 points YTD, but its 169x forward multiple means a guidance raise matters more than another EPS beat.
A $6 billion AWS commitment supports Snowflake's 75% gross-margin target if AI workloads scale but creates cash-flow drag if adoption stalls.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Snowflake didn't make the cut. Grab the names FREE today.
Snowflake (NYSE:SNOW) reports its next quarter on Wednesday, September 2, 2026, after the market closes, and the stock walks in hot. Shares closed at $322.78 on Monday, just under the 52-week high of $341.95 and up 47.15% year to date, compared with the S&P 500's 11.96%.
#high #NVIDIA
SNOW has outpaced SPY by 35 points YTD, but its 169x forward multiple means a guidance raise matters more than another EPS beat.
A $6 billion AWS commitment supports Snowflake's 75% gross-margin target if AI workloads scale but creates cash-flow drag if adoption stalls.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Snowflake didn't make the cut. Grab the names FREE today.
Snowflake (NYSE:SNOW) reports its next quarter on Wednesday, September 2, 2026, after the market closes, and the stock walks in hot. Shares closed at $322.78 on Monday, just under the 52-week high of $341.95 and up 47.15% year to date, compared with the S&P 500's 11.96%.
#high #NVIDIA
2 months ago
