SNOW Jul 2023 105.000 put
| Previous Close | 0.6000 |
| Open | 0.5600 |
| Bid | 0.4300 |
| Ask | 0.5000 |
| Strike | 105.00 |
| Expire Date | 2023-07-21 |
| Day's Range | 0.4800 - 0.5600 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 1.53k |
Motley FoolSnowflake Stock Is Melting. Should Investors Buy It While It's Down?
The company reshapes the way businesses use data and develop applications, and it's currently breaking new ground in the artificial intelligence (AI) arena. Snowflake stock went public in 2020 with an impressive list of investors, including Berkshire Hathaway, the conglomerate run by Warren Buffett. Investors seem to be concerned about slowing revenue growth, which could get worse given management just reduced its guidance for the full fiscal 2024 year (ending Jan. 31, 2024).
Motley FoolSnowflake's Management Lowers Its Expectations as Growth Cools. Is It Time to Sell the Stock?
Well, Snowflake's management just lowered its revenue growth guidance and expects the company to grow at its slowest pace ever. However, management's guidance also implies about 28% to 29% year-over-year revenue growth in just the second half of fiscal 2024.
Motley Fool2 Warren Buffett AI Stocks to Buy Right Now
Berkshire Hathaway CEO Warren Buffett might not be the first name you think of when it comes to cutting edge artificial-intelligence (AI) investments. If you're interested in owning AI stocks that have the Berkshire Hathaway seal of approval, read on to see why two Motley Fool contributors believe investing in Snowflake (NYSE: SNOW) and Apple (NASDAQ: AAPL) would be smart moves. Keith Noonan: Snowflake is a provider of big-data analytics tools that have been built from the ground up to power the evolution of machine-learning and AI applications.
Motley FoolSnowflake Stock Plunged After Earnings. Why Investors Should Buy Anyway.
Hence, investors may want to treat it as an opportunity to add shares in the software-as-a service (SaaS) stock. However, Snowflake's data cloud is arguably best suited for storing and applying data, and with the rising dependence on AI, this SaaS product has become more critical.
Motley FoolSnowflake Stock: Bear vs. Bull
Snowflake's (NYSE: SNOW) stock plunged 17% on May 25 after the cloud-based data warehousing company posted its latest earnings report. For the first quarter of fiscal 2024, which ended on April 30, its revenue rose 48% year over year to $624 million and exceeded analysts' expectations by $15 million.
Motley FoolShould Investors Buy the Dip in Snowflake Stock?
Snowflake (NYSE: SNOW) downgraded estimates of revenue and profit for the rest of the year as clients tightened budgets. Fool.com contributor and finance professor Parkev Tatevosian discusses whether that's a buying opportunity for Snowflake stock investors.
Motley FoolSnowflake Down 15%: Is It Time to Buy?
The data cloud provider reported a 50% year-over-year increase in revenue for the first quarter of fiscal 2024, which shows a significant slowing in the company's top-line growth. Snowflake's revenue growth is continuing to decelerate as companies tighten their spending on cloud services, and management expects these trends to continue through 2023. Management was upfront on the earnings call, explaining that the near-term demand for the data cloud platform is weakening.
Motley FoolSnowflake Is Still Priced for Perfection
The data warehousing specialist had long been among the fastest growers in cloud computing, but its first-quarter earnings report shows that it can't escape the broader challenges in the sector. Snowflake offered disappointing guidance in its first-quarter earnings report, sending the stock down 17% on the news as the company forecast a significant decline in revenue growth over the remainder of the year. Product revenue in the first quarter grew 50% to $590.1 million, and overall revenue rose 48% to $623.6 million, which topped estimates at $608.4 million.
Motley FoolWhy Snowflake Stock Was Melting Fast This Week
Dispiriting guidance and bearish analyst changes pushed the company's share price down over the past few trading days.
Motley FoolSnowflake Stock Just Plummeted. Time to Buy?
Growth is slowing. But that doesn't mean the data cloud specialist's growth rates aren't still high.
- Investing.com
4 big analyst cuts: Snowflake downgraded twice on guidance miss
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades for Snowflake, MongoDB , Digital Turbine, and Annexon. Snowflake (NYSE:SNOW) was downgraded at two Wall Street firms after reporting its Q1 earnings, resulting in a share price drop of more than 16% yesterday, as InvestingPro reported in real-time. While Q1 results came in better than expected, the company’s outlook disappointed investors.
BloombergSnowflake Plunges by Most Ever as Cloud Spending Wobbles
(Bloomberg) -- Snowflake Inc.’s stock had its worst day ever after the company gave a quarterly sales outlook that fell short of expectations, suggesting that customers have continued trimming their spending for cloud software amid uncertain economic conditions. Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Defenses After Drone Strikes on MoscowStock Rally Loses Steam After AI-Fueled Euphoria: Markets WrapMcCarthy Confident on D
Motley FoolBest Stocks to Buy Now: Is Snowflake Stock a Buy After Earnings?
Snowflake (NYSE: SNOW) dropped over 15% after its recent earnings report, and the stock is down over 60% from its all-time highs and over 38% since its first day of trading after its IPO in September of 2020.
ZacksSnowflake (SNOW) Q1 Earnings Top Estimates, Revenues Rise Y/Y
Snowflake's (SNOW) first-quarter fiscal 2024 results reflect growth in product revenues and customer-base expansion amid higher expenses.
Motley FoolSnowflake's AI Pivot: What It Means for Your Portfolio
The company also took this opportunity to go all-in on artificial intelligence (AI). In a digital nutshell, Snowflake is doing business as usual despite a challenging economy, and the company is making a sharp turn into an explosive AI opportunity. As usual (more on the repeatable trend in a moment), Snowflake delivered financial results above the top end of management's guidance.
Motley FoolHere's Why Snowflake Stock Sank Like a Rock Today
Shares of cloud-based data software company Snowflake (NYSE: SNOW) sank on Thursday after the company announced financial results for the fiscal first quarter of 2024 and lowered its forward guidance. In Q1, which ended in April, Snowflake generated product revenue of $590 million, up 50% year over year. In light of April's slowdown, Snowflake's management lowered its full-year revenue guidance.
Yahoo Finance VideoSnowflake stock falls despite earnings beat
The Yahoo Finance Live team reports on the decline of Snowflake shares on cloud demand warnings and the company's full-year outlook amid the economic slowdown.
- Thomson Reuters StreetEvents
Q1 2024 Snowflake Inc. Earnings Call
Q1 2024 Snowflake Inc. Earnings Call
- Investing.com
Nvidia and Best Buy rise premarket; Dollar Tree and Snowflake fall
Investing.com -- Stocks in focus in premarket trade on Thursday, May 25th. Please refresh for updates.
Motley FoolSnowflake (SNOW) Q1 2024 Earnings Call Transcript
With me in Bozeman, Montana are Frank Slootman, our chairman and chief executive officer; Mike Scarpelli, our chief financial officer; and Christian Kleinerman, our senior vice president of product, who will join us for the Q&A session. During today's call, we will make forward-looking statements, including statements related to the expected performance of our business, future financial results, strategy, products and features, long-term growth, our stock repurchase program, and overall future prospects.
Motley FoolWhy AI Hype Lifted Nvidia but Not Snowflake Stock
Earnings results after the close of regular trading on Wednesday showed widely different responses from investors.
ZacksCompared to Estimates, Snowflake Inc. (SNOW) Q1 Earnings: A Look at Key Metrics
Although the revenue and EPS for Snowflake Inc. (SNOW) give a sense of how its business performed in the quarter ended April 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
ZacksSnowflake Inc. (SNOW) Surpasses Q1 Earnings and Revenue Estimates
Snowflake Inc. (SNOW) delivered earnings and revenue surprises of 200% and 2.64%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?
Yahoo Finance VideoNvidia, Snowflake, E.L.F. Beauty, American Eagle: Trending stocks
Yahoo Finance Live's Seana Smith looks at several stocks trending in the after-hours trading session.
Business WireSteve B. Burke Joins Snowflake Board of Directors
No-Headquarters/BOZEMAN, Mont., May 24, 2023--Snowflake (NYSE: SNOW), the Data Cloud company, today announced the appointment of Steve B. Burke to its Board of Directors, effective immediately. John McMahon will step down from the Snowflake board after the company’s annual meeting on July 5. Snowflake thanks Mr. McMahon for his 10 years of service on the Board.
