Stocks.

·Data + AI platforms

Snowflake Inc.

$142.86
+2.94%

5 of 22

Prev close $138.78H $142.86L $135.00Start of last 10 sessionsLatest
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Cloud data warehouse; consumption-based pricing exposes growth to AI workload mix.

$48B

22 of 22

P/S
13.6
Product rev YoY
+28%
75.2%

3 of 10

FCF margin
30.0%

5 of 5

More angles · 6

The headline metrics above sit at the top because they're what most readers glance at first. These six dimensions are where a tech-focused study actually lives — capital intensity, margin trajectory, concentration risk, and the per-sub-sector quality metrics this kind of business is judged on.

44.6%

still in invest mode — RPO trajectory carries the story

37.0%

the headline GAAP issue investors price in or out

~127%

the bull case in one number — expansion remains strong

$5.7B
$1M+ customers
~580
3yr rev CAGR
+39%
Track in portfolio Back to feed

Stands out in coverage

Where SNOW leads — and where it trails — the rest of coverage

2 callouts

Leads

SNOW doesn't lead on any tracked row.

Trails

  • Smallest market cap$48Bvs 21 peers
  • Lowest FCF margin30.0%vs 4 peers

Fundamental rows (P/E, margins, growth) rank SNOW against same-sector peers that disclose the metric — a high P/E means different things in different sectors, so the comparison stays within one. Sectors with only one ticker in coverage fall back to the full catalog so the chip isn't silently dropped. Market cap and today's move stay coverage-wide — those are positional summaries, not quality reads. Direction (higher- or lower-is-better) is editorial; rows we don't have a confident direction on are skipped. Structural ranking, not individualised investment advice.

What changed on the call

How management's posture shifted from FY25-Q4 to FY26-Q1

2 quarters
Tone
cautiousconstructive
Guidance
maintainedraised FY rev guide

This quarter · FY26-Q1

Called 2026-05-21

Product revenue growth re-accelerated as AI workload consumption ramped on Snowpark and Cortex. NRR stabilised after a multi-quarter decline. Management was specific about a handful of large customer expansions tied to AI use cases. Margin expansion continued.

  • Product revenue re-accelerated; AI workload consumption cited as the driver, not seat growth.
  • Net revenue retention stabilised — first non-decline print in five quarters.
  • Large customer expansions tied specifically to Cortex and Snowpark AI use cases.
  • Margin expansion continued; FY guide raised on the operating-margin line.

Prior · FY25-Q4

Called 2026-02-25

Product revenue growth steady; NRR declined again on customer optimisation, though management characterised the decline as decelerating. AI workload contribution discussed in pipeline terms. Margin expansion held.

  • Product revenue growth in line with prior trailing rate.
  • NRR declined again; management framed the decline as decelerating but didn't call a bottom.
  • AI workload contribution discussed in pipeline terms — no material consumption ramp yet.
  • Customer optimisation cited as ongoing; new logos still the bright spot.
New this quarter
product revenue re-accelerationai workload consumptionnrr stabilisedcortex/snowpark expansionsmargin expansion
Dropped from prior
product revenue steadynrr decliningcustomer optimisationai pipeline onlynew logos resilient

Publisher summary. Structured editorial commentary, not a verbatim transcript.

Investor page ↗

Recent insider activity

6 insider sales on the tape

· last 6 weeks
Net 30-day flow
−$18.1M

Sells outweigh buys

Distinct insiders
6

0 buying · 6 selling

Of which planned
100%

share of selling

Latest filings

  • Hiroshi Tanaka · SVP Sales

    Filed May 12, 2026

    −$4.5M

    Plan sell13.5K sh

  • Michael Chen · CEO

    Filed May 4, 2026

    −$4.5M

    Plan sell13.6K sh

  • Jane Doe · CFO

    Filed Apr 27, 2026

    −$4.5M

    Plan sell13.7K sh

  • Daniel O'Connor · General Counsel

    Filed Apr 17, 2026

    −$4.6M

    Plan sell13.7K sh

  • Priya Ramesh · Director

    Filed Apr 8, 2026

    −$4.4M

    Plan sell13.2K sh

  • Marcus Whitfield · Director

    Filed Apr 4, 2026

    −$4.4M

    Plan sell13.3K sh

Public Form 4 record. Plan-scheduled sales () are flagged so they don't read as conviction sales.

EDGAR ↗

& borrow

Crowded short setup on SNOW — squeeze risk in both directions

Crowded short

on the borrow

Short interest is 18.1% of float with 66% utilization and rising borrow cost — the kind of crowded-short profile that historically reads as elevated volatility around SNOW. Cuts both ways: a rally forces covering, a fundamental miss feeds the thesis.

18.14%

Elevated

5.9d

Constrained

22.8%

risingExpensive

66%

Available

Public short-interest disclosure (Reg SHO) and securities-lending read. The pressure label is publisher commentary, weighted into the verdict — not a directional call.

FINRA ↗

Government activity

Congressional disclosures lean toward SNOW selling

Congress selling
$0

None on record

Net congressional flow
−$4M

Net selling

Disclosures
4

0 buys · 4 sells

Recent STOCK Act disclosures

  • Rep. Sample Member-D · House

    Traded Apr 27, 2026

    −$250,001–$500,000

    Sell

  • Rep. Sample Member-A · House

    Traded Apr 4, 2026

    −$1,000,001–$5,000,000

    Sell

  • Rep. Sample Member-B · House

    Traded Mar 13, 2026

    −$15,001–$50,000

    Sell

  • Sen. Sample Member-G · Senate

    Traded Mar 8, 2026

    −$100,001–$250,000

    Sell

Public-record STOCK Act disclosures and federal contract awards. The pattern label is publisher commentary on the data — apolitical and not a directional call.

Quiver ↗

& positioning

Options tape on SNOW is quiet

Quiet tape

No notable options flow on record for SNOW. The tape is quiet — no large premium prints in the recent window.

Public OPRA prints filtered to large, premium-weighted sweeps. The conviction label is publisher commentary — a confirmation read, not a directional call.

CBOE ↗

change

Moderate edits in SNOW's latest 10-K

Moderate edit

Moderate language change

SNOW’s latest 10-K reads 16.1% different from the prior comparable filing (0001640147-25-000052) — edits concentrated in Item 7 MD&A. The research finds material rewrites of risk-factor and MD&A language historically predict underperformance, on the read that management quietly tweaks the wording before the market reprices.

Form
10-K

Annual report

Filed
Mar 20, 2026

8 weeks ago

Δ vs prior
16.1%

Material edits

Sections moved
1

One section

Per-section delta

  • Item 7 MD&A

    MD&A — narrative discussion of results and forward posture

    Δ 16.1%

    Material

Year-over-year shingle-cosine diff of / Risk Factors and MD&A. Material edits historically predict underperformance — publisher commentary on a public filing, not a directional call.

EDGAR ↗

Running Haiku → Sonnet pipeline…

History · SNOW

6 items
Daily insightopeninsider · Form 4
5d ago
SNOW
$142.86+2.9%

SNOW: Dir sold $82.3M

Slootman Frank (Dir) sold 300,000 shares of SNOW on 2026-07-20 (Form 4 filed 2026-07-22 19:51:39). Single insider sales are weak signal — sales can be diversification, tax, or 10b5-1 plan driven.

Daily insightAIC · 2026-07
6d ago
SNOW
$142.86+2.9%

Databricks' $188B valuation renews debate over SNOW's relative worth

Following Databricks' private-market valuation jumping 40% to $188 billion in July 2026, several analysts argued that Snowflake (SNOW) looks relatively undervalued given its comparable AI data cloud positioning and public-market liquidity premium. Multiple Wall Street firms — including UBS, Citi, Wells Fargo, Morgan Stanley, and Goldman Sachs — raised SNOW price targets into a roughly $270–$370 range, citing stronger AI-related demand and product-usage growth from Cortex Code features.

NewsCNN Markets · 2026-07-21
6d ago
SNOW
$142.86+2.9%

Jefferies also lifts SNOW target to $310 amid Databricks valuation re-rate

Jefferies raised its Snowflake (SNOW) price target to $310 from $300 on July 20, 2026, and RBC Capital issued a Buy on July 17. The moves come as private rival Databricks raised its valuation 40% to $188 billion, prompting analysts to argue that SNOW looks undervalued relative to peer multiples in the AI data-platform space.

NewsTIKR · 2026-07-21
6d ago
SNOW
$142.86+2.9%

Snowflake's $6B AWS deal and 'CoCo' AI agent drive renewed analyst conviction

Snowflake has inked a $6 billion cloud commitment with AWS and raised full-year guidance to $5.84 billion, underpinning a wave of analyst upgrades as of mid-July 2026. The company's Cortex Coding (CoCo) agentic AI feature is credited with accelerating consumption across its 13,900-plus customer base, with Q2 product revenue estimated near $1.48 billion — implying continued 30%-plus growth.

Peers in coverage

Other tickers in Software / Data, then more from the coverage list.

Compare 4 side by side

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What this profile tracks

  • PriceDaily move and a session .
  • Filings / text diffs and material .
  • Insider and sales.
  • Short side, , and — squeeze pressure flagged.
  • Government congressional disclosures and awards.
  • OptionsLarge prints, weighted by — call / put split and conviction tag.
  • SentimentAggregated, decayed .
  • NewsCurated wires and press releases.
  • AI takesAsk the assistant — it knows you're on SNOW.