31/5/2024, 3:33:03 pm

Is Snowflake Stock a Buy Now?

Despite a fiercely competitive enterprise software market, and a massive pivot to artificial intelligence (AI)-powered work, Snowflake's (NYSE: SNOW) reputation as a high-growth business has been durable. The data platform exceeded expectations for the first quarter of fiscal 2025 (the three months ended in April 2024), with product revenue increasing 34% year over year.