Wall Street Bullish on Snowflake (SNOW) Ahead of Fiscal Q3 2026 Results

6 days ago 7

Talha Qureshi

Mon, November 24, 2025 astatine 7:58 AM CST 2 min read

Snowflake Inc. (NYSE:SNOW) is 1 of the Best Cloud Stocks to Buy Now. Wall Street is bullish connected the banal arsenic the institution gets adjacent to releasing its fiscal Q3 2026 results, expected connected December 3. Recently, connected November 20, Derrick Wood from TD Cowen reiterated a Buy standing connected Snowflake Inc. (NYSE:SNOW) with a terms people of $275. Earlier connected November 17, Raimo Lenschow from Barclays had besides reiterated a Buy standing connected the banal and raised the terms people from $255 to $290.

Management expects fiscal Q3 2026 merchandise gross successful the scope of $1.125 cardinal to $1.130 billion, reflecting 25% to 26% year-over-year growth. Moreover, the non-GAAP operating income borderline is expected to beryllium astir 9%.

Analyst Wood of TD Cowen anticipates the institution to present coagulated show successful the upcoming quarters. While helium expects the institution to transcend maturation targets, helium notes the show mightiness not beryllium arsenic exceptional arsenic the erstwhile quarters. The aboriginal maturation of Snowflake Inc. (NYSE:SNOW) is expected to beryllium driven by its Cloud Data Warehouse (CDW) and Data Engineering segments, which person shown beardown demand.

Snowflake Inc. (NYSE:SNOW) is simply a exertion institution that specializes successful providing a cloud-based level that provides information unreality and artificial quality solutions. The institution relies connected cloud-native architecture, which consists of 3 integrated layers, including compute, storage, and unreality services.

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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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.