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Can SNOW Stock Continue Its Rally After Gaining 33% in Six Months?
SNOWSnowflake(SNOW) ZACKS·2025-04-29 04:05

Snowflake (SNOW) shares have surged 32.9% in the trailing six-month period, outperforming the Zacks Computer and Technology sector’s decrease of 9.4% and the Zacks Internet Software industry’s decline of 0.6%.The outperformance can be attributed to a strong portfolio and an expanding partner base. As of Jan. 31, 2025, SNOW had 11,159 customers, increasing from 9,384 customers as of Jan. 31, 2024. The clientele included 745 of the Forbes Global 2000 and accounted for 45% of SNOW’s fiscal 2025 revenues of $3. ...