Stock Track | Snowflake Soars 5.07% in Extended Trading on Strong Q1 Earnings, $6B AWS Deal and Analyst Upgrades

Stock Track
06/01

Snowflake's stock surged 5.07% in extended trading, continuing its positive momentum from recent sessions.

The move follows the company's better-than-expected first-quarter results, which showed adjusted earnings per share of $0.39 versus the $0.32 consensus and revenue of $1.39 billion compared to the expected $1.32 billion. Snowflake also raised its full-year product revenue guidance to $5.84 billion and announced a landmark five-year, $6 billion strategic procurement agreement with Amazon Web Services covering Graviton chips and AI GPUs.

Adding to the bullish sentiment, HSBC upgraded Snowflake from hold to buy and sharply raised its price target from $176 to $289, while Morgan Stanley lifted its target to $300, citing accelerating AI monetization. These analyst actions have reinforced confidence in Snowflake's AI-driven growth trajectory.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10