Snowflake (SNOW) Revenue Beats Expectations with 30% Year-Over-Year Growth, Macquarie Maintains Neutral

3 weeks ago 10

Sheryar Siddiq

Tue, March 17, 2026 astatine 7:07 AM CDT 1 min read

Snowflake Inc. (NYSE:SNOW) ranks among the best maturation stocks to bargain and clasp for the agelong term. Following the company’s Q4 net results, Macquarie reduced its terms people for Snowflake Inc. (NYSE:SNOW) to $177 from $250 and maintained a Neutral standing connected the company’s shares. The institution reported $1.23 cardinal successful merchandise gross for the quarter, a 30% year-over-year summation that exceeded the precocious extremity of forecasts by $27 million.

During the quarter, Snowflake Inc. (NYSE:SNOW) added 740 nett caller customers, mounting a institution record. The institution besides booked a historical $1.9 cardinal successful remaining show commitments, which includes its largest woody ever, worthy $400 million.

Snowflake Inc. (NYSE:SNOW) issued archetypal fiscal 2027 merchandise gross projections of $5.66 billion, representing a 27% year-over-year summation and $116 cardinal supra mean expectations. The guidance includes the Observe acquisition, which is projected to bring 1 percent constituent of growth.

Snowflake Inc. (NYSE:SNOW) offers a cloud-based information level that enables organizations to store, manage, analyze, and securely stock information crossed aggregate unreality providers.

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