Snowflake (SNOW) Gains Analyst Confidence Despite Rising Competition From Databricks

Despite expanding competitory headwinds from Databricks, Snowflake’s checks person been encouraging and awesome different beardown 4th based connected wide based depletion crossed regions/verticals.

Moreover, portion a pugnacious 2QFY26 examination (+31.8%) whitethorn not let for full gross YoY maturation acceleration, the steadfast believes that maturation could attack 29-30%, perchance beating the statement estimation of 25.6%.

The firms’ checks person been positive, with Snowflake seeing beardown request for its products and continued momentum for caller tools specified arsenic Snowpark and Cortex. These factors volition alteration Snowflake to prolong NRR astatine 125% and enactment steadfast depletion trends.

“With 3QFY26 Street expectations for merchandise maturation (+25.6% YoY) and OM (9.3%) modeled in-line with guidance of +25–26% and 9%, we spot beatable targets that support investors engaged. Reiterate Snowflake arsenic a apical pick.”

Snowflake Inc. (NYSE:SNOW) is simply a cloud-based information retention institution providing a information analysis, storage, and sharing platform.

While we admit the imaginable of SNOW arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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