Snowflake's 3Q Results Disappoint After Big 2Q Beat -- Market Talk
Dow Jones
Dec 05, 2025
1322 ET - Snowflake's 3Q results faced high expectations on Wall Street after the company posted a much larger-than-expected beat and growth acceleration in its 2Q, UBS analysts say in a note. The latest quarterly results were "normal to slightly disappointing against a backdrop of strong sentiment," the analysts say, noting product revenue growth slowed. "Net, we hoped for more, but a 'fine' quarter for a company facing a strong multi-year demand cycle is not an occasion to get overly concerned," they say, backing their price target on the stock of $310. Shares fall 11%, to $236.46. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
December 04, 2025 13:23 ET (18:23 GMT)
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