Snowflake Inc Ordinary Shares
SNOW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|y! | LOCK|#B | LOCK|JQh%HZd |
Snowflake Earnings: Promise of AI Is Real for Integrated Data Platforms; Shares Undervalued
Snowflake's fourth-quarter results easily topped guidance, with revenue growth accelerating to 30% and bookings growth accelerating to 42%. We believe artificial intelligence-related demand is the primary driver behind the company's recent outperformance.
