Snowflake (SNOW) Seen as Long-Term Winner Despite Recent Stock Weakness

2 hours ago 1

Ghazal Ahmed

Thu, April 23, 2026 astatine 8:33 AM CDT 2 min read

Snowflake Inc. (NYSE:SNOW) is 1 of the

12 AI Stocks successful Focus connected Wall Street: Tesla, Meta, and More. Even though the Snowflake communicative whitethorn look risky to some, 1 probe steadfast believes its semipermanent maturation communicative remains intact. Snowflake Inc. (NYSE:SNOW) is eighth connected our database of 12 AI Stocks successful Focus connected Wall Street. On April 21, UBS expert Karl Keirstead lowered the terms people connected the banal to $210.00 (from $235.00) portion maintaining a “Buy” rating. Even though AI disruption risks has driven banal weakness lately, UBS believes that determination is assurance successful the company’s semipermanent maturation and information concern cycle. Shares, the steadfast noted, are down much than 34% year-to-date contempt cardinal outlook remaining solid.

Snowflake shares are -34% YTD contempt a FY27 outlook for unchangeable high-20%/30% revs maturation and vulnerability to a still-strong endeavor information concern cycle.

Snowflake (SNOW) Seen arsenic Long-Term Winner Despite Recent Stock Weakness

The steadfast believes that this weakness stems from capitalist interest surrounding AI disruption. In particular, determination is this interest that AI models specified arsenic those from OpenAI and Anthropic whitethorn disrupt “even the heretofore “safe” information bundle marketplace implicit time.” While these risks exist, the steadfast believes concerns are manageable. The AI risks are objectively discussed but the steadfast remains Buy rated, reflecting optimism. 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. READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey connected Google News.