Dernières nouvelles pour Snowflake (NYSE:SNOW) Stock

SNOWFLAKE INC-CLASS A

Snowflake

Founded in 2012, Snowflake is a fully managed platform that consolidates data hosted on different public clouds for centralized analytics and governance. Snowflake's cloud-native architecture allows users to independently scale the compute and storage layers, providing customers with optimized performance at lower costs. The company's data lake and data warehouse products support a variety of use cases, including business analytics, data engineering, and artificial intelligence. Snowflake is widely used by Fortune 2000 companies in financial services, media, and retail sectors.

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Shares of companies within the broader tech sector are trading higher, possibly amid overall market strength after President Trump delayed 50% EU tariffs to July. Additionally, the sector may be up in anticipation of NVIDIA's upcoming Q1 report.

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Live On CNBC, Josh Brown Hosts Segment Titled "Josh's New Best Stock: Snowflake"

Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>)&nbsp;on Monday announced a <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/b45617037/snowflake-partners-with-the-la28-olympic-and-paralympic-games-and-team-usa-to-deliver-the-data-sha" rel="noreferrer noopener">three-year partnership</a> as the Official Data Collaboration Provider for the LA28 Olympic and Paralympic Games and Team USA.
This partnership underscores the growing importance of data in sports, from optimizing athlete performance to enhancing fan experiences and streamlining large-scale event operations.
Snowflake platforms will empower LA28 and Team USA across critical functions, including athletes&#8217; training data and fan engagement, as well as enhancing LA28 Games planning and delivery.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/earnings-beats/25/05/45571082/snowflake-rallies-after-solid-quarter-analysts-see-strength-in-ai-new-workloads" rel="noreferrer noopener">Snowflake Pops After Solid Quarter: Analysts See Strength In AI, New Workloads</a>
The company said that Snowflake&#8217;s fully managed platform will let Team USA centralize critical information for sharing and collaboration, such as athlete training data, health records, nutrition sources, and more, ensuring every competitor has the knowledge and support required to win.
Team USA can use Snowflake&#8217;s flexible software architecture to connect and enrich fan data in order to build a complete profile of each fan and then engage with them in a personalized way, the company added.
&#8220;The LA28 Olympic and Paralympic stage offers an extraordinary opportunity to bring together data for truly meaningful impact and breakthroughs, and Snowflake&#8217;s technology is uniquely positioned to enable powerful data collaboration at scale,&#8221; said Denise Persson, CMO at Snowflake.&nbsp;
Snowflake and the LA28 Olympic and Paralympic Properties see this partnership as a crucial step towards achieving their innovation goals and creating the most technologically advanced Olympic and Paralympic Games in history. John Slusher, CEO of U.S. Olympic and Paralympic Properties, highlighted the seamless integration and scaling efficiency that Snowflake&#8217;s technology brings.
Snowflake&nbsp;stock surged close to 31% year-to-date. Recently, Goldman Sachs analyst Kash Rangan noted that Snowflake&#8217;s core data engineering capabilities are <a target="_blank" href="https://www.benzinga.com/25/05/45497365/snowflake-q1-preview-beat-and-flow-through-likely-says-bullish-analyst" rel="noreferrer noopener">expanding rapidly</a>. The analyst believes that Snowflake&#8217;s strengthening fundamentals, new product velocity, and recent tariff relief will contribute to accelerated growth in the second half of the year.&nbsp;
Snowflake reported <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45553121/snowflake-q1-earnings-revenue-eps-beat-estimates-ai-data-cloud-company-sees-25-growth-ahead-shares-climb" rel="noreferrer noopener">first-quarter revenue</a> of $1.04 billion, up by 26%, beating analyst&nbsp;estimates&nbsp;of $1.01 billion.&nbsp;The AI data cloud company reported adjusted earnings of 24 cents&nbsp;per share, beating analyst estimates of 21 cents&nbsp;per share.
Snowflake&nbsp;expects second-quarter product revenue of $1.035 billion-$1.04 billion,&nbsp;up approximately 25%.
Price Action: SNOW stock is trading higher by 2.73% to $205.52 at last check Tuesday.
Read Next:
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<li><a href="https://www.benzinga.com/trading-ideas/movers/25/05/45617449/salesforce-strikes-8-billion-acquisition-to-boost-ai-and-data-cloud-power" target="_blank" rel="noreferrer noopener">Salesforce Strikes $8 Billion Acquisition To Boost AI And Data Cloud Power</a></li>
</ul>
Image by Tada Images via Shutterstock

Movers

Tech

Snowflake's AI-Driven Insights To Power LA28 Olympic And Paralympic Games

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/23/25</td>
<td>$130.00</td>
<td>$137.4K</td>
<td>27.8K</td>
<td>84.7K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/30/25</td>
<td>$410.00</td>
<td>$73.8K</td>
<td>2.7K</td>
<td>63.3K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/30/25</td>
<td>$195.00</td>
<td>$64.9K</td>
<td>6.9K</td>
<td>31.7K</td>
</tr>
<tr>
<td>INFA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$20.00</td>
<td>$31.1K</td>
<td>347</td>
<td>12.6K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$15.00</td>
<td>$52.4K</td>
<td>49.3K</td>
<td>6.3K</td>
</tr>
<tr>
<td>CRWV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/30/25</td>
<td>$100.00</td>
<td>$29.7K</td>
<td>3.9K</td>
<td>2.5K</td>
</tr>
<tr>
<td>SNOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$185.00</td>
<td>$77.6K</td>
<td>57</td>
<td>850</td>
</tr>
<tr>
<td>ENPH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$40.00</td>
<td>$45.4K</td>
<td>1.8K</td>
<td>527</td>
</tr>
<tr>
<td>WDC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/19/25</td>
<td>$52.50</td>
<td>$43.6K</td>
<td>211</td>
<td>341</td>
</tr>
<tr>
<td>MSFT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$450.00</td>
<td>$30.8K</td>
<td>2.2K</td>
<td>248</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on May 23, 2025. Parties traded 896 contract(s) at a $130.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $137.4K, with a price of $153.0 per contract. There were 27863 open contracts at this strike prior to today, and today 84792 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on May 30, 2025. This event was a transfer of 242 contract(s) at a $410.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $73.8K, with a price of $305.0 per contract. There were 2797 open contracts at this strike prior to today, and today 63369 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a put option trade with bearish sentiment. It expires in 4 day(s) on May 30, 2025. Parties traded 194 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $64.9K, with a price of $335.0 per contract. There were 6941 open contracts at this strike prior to today, and today 31744 contract(s) were bought and sold. 
• For INFA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INFA#NYSE">INFA</a>), we notice a call option trade that happens to be bearish, expiring in 25 day(s) on June 20, 2025. This event was a transfer of 75 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $31.1K, with a price of $415.0 per contract. There were 347 open contracts at this strike prior to today, and today 12613 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be neutral, expiring in 25 day(s) on June 20, 2025. This event was a transfer of 400 contract(s) at a $15.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $52.4K, with a price of $131.0 per contract. There were 49366 open contracts at this strike prior to today, and today 6305 contract(s) were bought and sold. 
• Regarding CRWV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on May 30, 2025. Parties traded 35 contract(s) at a $100.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $29.7K, with a price of $854.0 per contract. There were 3936 open contracts at this strike prior to today, and today 2571 contract(s) were bought and sold. 
• For SNOW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), we notice a put option sweep that happens to be bearish, expiring in 207 day(s) on December 19, 2025. This event was a transfer of 42 contract(s) at a $185.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $77.6K, with a price of $1845.0 per contract. There were 57 open contracts at this strike prior to today, and today 850 contract(s) were bought and sold. 
• For ENPH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>), we notice a call option sweep that happens to be bearish, expiring in 53 day(s) on July 18, 2025. This event was a transfer of 101 contract(s) at a $40.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.4K, with a price of $450.0 per contract. There were 1815 open contracts at this strike prior to today, and today 527 contract(s) were bought and sold. 
• For WDC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>), we notice a call option sweep that happens to be neutral, expiring in 207 day(s) on December 19, 2025. This event was a transfer of 74 contract(s) at a $52.50 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $43.6K, with a price of $590.0 per contract. There were 211 open contracts at this strike prior to today, and today 341 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a put option sweep with bullish sentiment. It expires in 235 day(s) on January 16, 2026. Parties traded 10 contract(s) at a $450.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $3080.0 per contract. There were 2228 open contracts at this strike prior to today, and today 248 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

CRWV

ENPH

INFA

MSFT

MSTR

NVDA

10 Information Technology Stocks Whale Activity In Today's Session

Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) chief executive Frank Slootman says he runs his companies on the mantra the late Steve Jobs loved: a product is either "insanely great" or it's &#8220;total sh&#x2A;t.&#8221;
What Happened: By erasing the gray zone, Slootman argues, leaders bulldoze mediocrity and force teams to stretch for greatness. His point lands because it echoes Jobs' own famously binary worldview
Jobs deployed the phrase inside Apple to keep designers laser-focused on polish, down to "the curve of the head of a screw." The maxim has survived long after his death and leadership writers still cite the line as shorthand for non-negotiable standards.
Slootman tells his staff that if work isn't "insanely great," he politely labels it "total sh&#x2A;t" and sends it back for re-work. He pushes people to "love what we produce, not just like it," insisting passion "moves mental boundaries."
See also: <a href="https://www.benzinga.com/25/05/45604065/former-google-boss-eric-schmidt-says-ai-will-only-exacerbate-the-blurred-lines-between-online-perception-and-reality">Eric Schmidt Says He Often Meets People Who Can&#8217;t Tell Apart The Real World From The Online One, Now The Ex-Google Boss Is Warning AI Will Only Make It Worse</a>
The bigger threat, he says, is not obvious laggards but comfortable &#8220;B players.&#8221; &#8220;Mediocrity is the silent killer… B players need to be pared; they either become A players, or they become C players and get flushed out.&#8221; Slootman argues Jobs' two-bucket scale is memorable, instantly understood and impossible to wiggle around: &#8220;Refusing mediocre outcomes&#8221; forces teams to raise their game or self-select out.
Why It Matters: Management thinkers note that clear, absolute language can jolt organizations out of complacency, much like Netflix co-founder Reed Hastings, who, according to an <a href="https://www.inc.com/jim-schleckser/why-netflix-doesn-t-tolerate-brilliant-jerks.html">account</a> by Inc.com, tells managers to fire "brilliant jerks" because "the cost to effective teamwork is too high."
Billionaire Elon Musk embraces a similar extremism. "Nobody ever changed the world on 40 hours a week," he <a href="https://www.benzinga.com/personal-finance/24/03/37594114/elon-musk-once-stated-nobody-ever-changed-the-world-on-40-hours-a-week-but-now-the-average-emplo">once told workers</a>, pressing them toward 80-hour sprints. Jeff Bezos keeps Amazon's bar high by spending "about a third of the interview asking… can you hire great people?" — a decades-old practice meant to <a href="https://www.benzinga.com/tech/25/02/43930484/jeff-bezos-knew-great-hiring-was-crucial-because-he-used-to-ascertain-one-key-thing-in-interviews-now-amazon-has-dropped-6-must-know-secrets-to-landing-a-job-at-the-tech-giant-in-2025">block average talent</a> at the door.
Benzinga Edge Stock Rankings show Snowflake Inc. has a Momentum in the 87th percentile and Growth in the 14th percentile. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Check here to see how some of the other cloud database stocks rank in terms of these metrics.</a>
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="144" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26032815/snow-edge-1024x144.png" alt="" class="wp-image-927317" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26032815/snow-edge-1024x144.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26032815/snow-edge-300x42.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26032815/snow-edge-768x108.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/26032815/snow-edge.png 1448w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Photo Courtesy: rnkadsgn on Shutterstock.com
Read next: <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45604248/rich-dad-poor-dad-author-robert-kiyosaki-says-he-cant-believe-how-easy-bitcoin-has-made-getting-rich-open-your-eyes-and-your-mind">&#8216;Rich Dad Poor Dad&#8217; Author Robert Kiyosaki Says He Can&#8217;t Believe How &#8216;Easy&#8217; Bitcoin Has Made Getting Rich: &#8216;Open Your Eyes And Your Mind&#8217;</a>

Management

Steve Jobs Wasn't Happy Unless Things Were 'Insanely Great' And That's Why This Tech CEO Is Passionate About Moving 'Mental Boundaries' That Withhold Perfection

Financial giants have made a conspicuous bearish move on Snowflake. Our analysis of options history for Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) revealed 28 unusual trades.
Delving into the details, we found 39% of traders were bullish, while 42% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $247,890, and 21 were calls, valued at $958,631.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $150.0 to $280.0 for Snowflake during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Snowflake's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Snowflake's substantial trades, within a strike price spectrum from $150.0 to $280.0 over the preceding 30 days.
<h3>Snowflake Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748023395_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/30/25</td>
<td>$2.5</td>
<td>$2.42</td>
<td>$2.5</td>
<td>$210.00</td>
<td>$100.0K</td>
<td>6.3K</td>
<td>1.7K</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$18.45</td>
<td>$17.95</td>
<td>$18.15</td>
<td>$190.00</td>
<td>$80.8K</td>
<td>2.7K</td>
<td>239</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/23/25</td>
<td>$3.35</td>
<td>$3.1</td>
<td>$3.35</td>
<td>$200.00</td>
<td>$66.6K</td>
<td>3.6K</td>
<td>2.2K</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$18.75</td>
<td>$18.35</td>
<td>$18.75</td>
<td>$230.00</td>
<td>$56.2K</td>
<td>2.4K</td>
<td>36</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$9.0</td>
<td>$8.6</td>
<td>$8.75</td>
<td>$280.00</td>
<td>$53.3K</td>
<td>2.6K</td>
<td>302</td>
</tr>
</tbody>
</table>

<h3>About Snowflake</h3>
Founded in 2012, Snowflake is a fully managed platform that consolidates data hosted on different public clouds for centralized analytics and governance. Snowflake's cloud-native architecture allows users to independently scale the compute and storage layers, providing customers with optimized performance at lower costs. The company's data lake and data warehouse products support a variety of use cases, including business analytics, data engineering, and artificial intelligence. Snowflake is widely used by Fortune 2000 companies in financial services, media, and retail sectors.
Having examined the options trading patterns of Snowflake, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Snowflake</h3>
<ul>
<li>With a trading volume of 9,489,974, the price of SNOW is down by -0.9%, reaching $201.36.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 89 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Snowflake</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $216.6.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Snowflake with a target price of $232. 
&#x2A; Maintaining their stance, an analyst from Oppenheimer continues to hold a Outperform rating for Snowflake, targeting a price of $225. 
&#x2A; An analyst from JMP Securities has revised its rating downward to Market Outperform, adjusting the price target to $201. 
&#x2A; Maintaining their stance, an analyst from Rosenblatt continues to hold a Buy rating for Snowflake, targeting a price of $210. 
&#x2A; An analyst from Baird has decided to maintain their Outperform rating on Snowflake, which currently sits at a price target of $215. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Snowflake, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

Markets

Decoding Snowflake's Options Activity: What's the Big Picture?

Macquarie analyst Steve Koenig maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Neutral and raises the price target from $160 to $190.

Price Target

Macquarie Maintains Neutral on Snowflake, Raises Price Target to $190

Scotiabank analyst Patrick Colville maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Sector Outperform and raises the price target from $220 to $230.

Scotiabank Maintains Sector Outperform on Snowflake, Raises Price Target to $230

Shares of Snowflake Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) rallied after the company Wednesday reported its <a href="https://www.benzinga.com/news/earnings/25/05/45553121/snowflake-q1-earnings-revenue-eps-beat-estimates-ai-data-cloud-company-sees-25-growth-ahead-shares-climb">first-quarter results</a>.
The announcement came amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
Piper Sandler On Snowflake
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/586e4055351b9b00018beeab/brent-bracelin">Analyst Brent Bracelin</a> reiterated an Overweight rating, while raising the price target from $175 to $215.
Snowflake's total revenue surpassed $1 billion in the first quarter, driven by "another quarter of strong execution and better-than-expected contribution from new products," Bracelin said in a note. Large deal momentum continued, with the company inking two deals worth more than $100 million during the quarter, he added.
These deals contributed to Snowflake's healthy backlog metrics, with cRPO (current remaining performance obligation) accelerating to 31% year-on-year, from the previous quarter's 27%, the analyst stated. "Management has not yet witnessed any negative macro impacts, partially attributable to a more mature customer base, and even cited strong customer net adds (451 vs. 357 one year ago)," he further wrote.
Stifel On Snowflake
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/585beadbb5a482000151d186/brad-reback">Analyst Brad Reback</a> maintained a Buy rating, while lifting the price target from $210 to $220.
Snowflake posted a strong quarter, with growth in product revenue accelerating to 4%, from 3% in the previous quarter, Reback said. This was driven by "outperformance from newer products (Snowpark, Dynamic tables), no tangible impact from the macro, and broad-based consumption strength," he added.
The company's operating margins came in better than expected, with operating expenses growing only 15% year-on-year, a sharp deceleration from 36% in the first quarter of the last fiscal year, the analyst stated. With Snowflake yet to reap "the full benefits from the R&amp;D hiring changes," the current margin gains appear sustainable, he further wrote.
JMP Securities On Snowflake
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5846fffaee7bf6000154d141/patrick-walravens">Analyst Patrick Walravens</a> reaffirmed a Market Outperform rating, while raising the price target from $201 to $245.
Snowflake reported total revenue of $1.04 billion, beating consensus of $1.01 billion, Walravens said. The company's non-GAAP earnings of 24 cents per share surpassed expectations of 21 cents per share, he added.
The company's second-quarter guidance came in better than expected, with product revenue of $1.035-$1.040 billion above consensus $1.021 billion, representing 25% year-on-year growth and non-GAAP operating margin of 8% ahead of consensus of 7%, the analyst stated. "Snowflake addresses a huge opportunity that is expected to double to $342B in 2028 from $152B in 2023," he further wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Truist Securities On Snowflake
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/57fdefd3ac6af40001334e3e/joel-fishbein">Analyst Joel Fishbein</a> reiterated a Buy rating, while lifting the price target from $210 to $235.
Snowflake delivered a strong beat and raise quarter, "driven by both core momentum and the adoption of new workloads," Fishbein said. Management raised their fiscal 2026 product revenue growth guidance to 25%, from their prior projection of 24%, he added.
"We did not hear signs of macro uncertainty impacting consumption on the call and believe that they are establishing the foundation of a strong go to market motion in the emerging AI landscape," the analyst further wrote.
Oppenheimer On Snowflake
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5937f6b185b07a0001ac364f/ittai-kidron">Analyst Ittai Kidron</a> maintained an Outperform rating, while raising the price target from $201 to $225.
Snowflake delivered strong quarterly results, driven by "broad-based demand and steady consumption trends," Kidron said. The company's total customers grew by 18.9% year-on-year to 11,578 in the quarter, he added.
"In addition, better-than-expected Snowpark and Dynamic Tables activity and strong AI adoption (5,200+ accounts) suggest that newer products are resonating with customers," the analyst wrote. He named Snowflake as a top pick.
Rosenblatt Securities On Snowflake
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/60081c88879cba00010420fb/blair-abernethy">Analyst Blair Abernethy</a> reaffirmed a Buy rating, while raising the price target from $205 to $210.
Snowflake reported margins of 9%, versus Rosenblatt's 5% estimate, on the back of its revenue beat and ongoing efficiency improvements, Abernethy said. Snowflake had strong renewals during the quarter, including two deals worth over $100 million each, he added.
The company's trailing NRR (net revenue retention) remained healthy, at 124%, the analyst stated. "We believe Snowflake's much improved product development cadence last year is clearly resonating with existing customers, driving increasing consumption levels," he further wrote.
Needham On Snowflake
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/601a8839a6fe6f00010c6966/mike-cikos">Analyst Mike Cikos</a> reiterated a Buy rating, while lifting the price target from $215 to $230.
Snowflake outperformed its revenue guidance by $36.8 million and raised its full-year outlook by $45 million, Cikos said. For the second quarter, the company's revenue guidance came in $15.1 million above consensus, he added.
"Investors are hunting for high-growth companies, and we believe Snowflake&#8217;s updated FY26 Revenue outlook for 25% yr-yr growth answers the call," the analyst wrote. GenAI is likely to be "a long-term secular tailwind to Snowflake&#8217;s growth," he further stated.
SNOW Price Action: Shares of Snowflake had risen by 10.3% to $197.55 at the time of publication on Thursday.
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/05/45262278/under-armour-faces-tough-road-ahead-says-analyst"> Snowflake Jumps 8% Pre-Market After Piper Sander Hikes Price Target To $215, Calls It &#8216;High-Conviction Growth Play&#8217;</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Earnings Beats

Reiteration

Snowflake Pops After Solid Quarter: Analysts See Strength In AI, New Workloads

B of A Securities analyst Bradley Sills maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Neutral and raises the price target from $172 to $220.

B of A Securities Maintains Neutral on Snowflake, Raises Price Target to $220

Raymond James analyst Simon Leopold maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Outperform and raises the price target from $196 to $212.

Raymond James Maintains Outperform on Snowflake, Raises Price Target to $212

Mizuho analyst Gregg Moskowitz maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Outperform and raises the price target from $205 to $215.

Mizuho Maintains Outperform on Snowflake, Raises Price Target to $215

RBC Capital analyst Matthew Hedberg maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Outperform and raises the price target from $221 to $236.

RBC Capital Maintains Outperform on Snowflake, Raises Price Target to $236

Loop Capital analyst Mark Schappel maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Buy and raises the price target from $215 to $220.

Loop Capital Maintains Buy on Snowflake, Raises Price Target to $220

Barclays analyst Raimo Lenschow maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Overweight and raises the price target from $203 to $219.

Barclays Maintains Overweight on Snowflake, Raises Price Target to $219

Evercore ISI Group analyst Kirk Materne maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Outperform and raises the price target from $200 to $232.

Evercore ISI Group Maintains Outperform on Snowflake, Raises Price Target to $232

Baird analyst William Power maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Outperform and raises the price target from $200 to $215.

Baird Maintains Outperform on Snowflake, Raises Price Target to $215

U.S. stocks were mixed, with the Dow Jones index falling around 50 points on Thursday.
Shares of Advance Auto Parts, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAP#NYSE">AAP</a>) rose sharply during Thursday&#8217;s session following better-than-expected<a href="https://www.benzinga.com/quote/AAP/earnings"> first-quarter financial results.</a>
Advance Auto Parts posted quarterly adjusted earnings per share of 22 cents loss, beating the analyst consensus estimate of 82 cents loss. Quarterly sales of $2.583 billion (down 6.8% year over year) outpaced the Street view of $2.499 billion. Comparable store sales for the first quarter 2025 decreased 0.6%.
Advance Auto Parts shares jumped 44% to $45.06 on Thursday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul class="wp-block-list">
<li>Navitas Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) shares jumped 132% to $4.4412 after Nvidia selected the company to collaborate on 800V HVDC architecture. Additionally, Rosenblatt raised its price target on the stock from $4 to $6.</li>
<li>Domo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOMO#NASDAQ">DOMO</a>) rose 31.1% to $11.21 after the company reported better-than-expected first-quarter financial results and raised its FY26 guidance.</li>
<li>LiveRamp Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RAMP#NYSE">RAMP</a>) rose 24.8% to $35.04 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.</li>
<li>Urban Outfitters, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URBN#NASDAQ">URBN</a>) surged 21.1% to $72.17 following better-than-expected quarterly financial results.</li>
<li>Cantor Equity Partners, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEP#NASDAQ">CEP</a>) gained 18.1% to $50.86.</li>
<li>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) gained 9.5% to $196.19 after the company reported better-than-expected quarterly financial results.</li>
<li>Garrett Motion Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTX#NASDAQ">GTX</a>) rose 9.2% to $11.31. The company recently announced a secondary offering consisting of 17 million shares.</li>
<li>SEALSQ Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) climbed 8.8% to $3.7550.</li>
<li>Omnicell, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMCL#NASDAQ">OMCL</a>) gained 8.7% to $29.73 after the company raised its second-quarter and FY25 adjusted EPS guidance and announced a new $75 million stock repurchase program.</li>
<li>Next Technology Holding Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXTT#NASDAQ">NXTT</a>) rose 7.3% to $2.1250.</li>
<li>Pitney Bowes Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>) gained 6% to $9.65 after the company announced a $150 million share repurchase program and a new CEO.</li>
</ul>
Now Read This:
<ul class="wp-block-list">
<li> <a href="https://www.benzinga.com/25/05/45564349/accenture-to-rally-more-than-24-here-are-10-top-analyst-forecasts-for-thursday">Accenture To Rally More Than 24%? Here Are 10 Top Analyst Forecasts For Thursday</a> </li>
</ul>
Photo via Shutterstock

Intraday Update

LAES

NVTS

Next Technology Holding Inc. - Ordinary Shares

NXTT

OMCL

RAMP

URBN

Advance Auto Parts Posts Upbeat Results, Joins Domo, LiveRamp, Urban Outfitters And Other Big Stocks Moving Higher On Thursday

JMP Securities analyst Patrick Walravens maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Market Outperform and raises the price target from $201 to $245.

JMP Securities Maintains Market Outperform on Snowflake, Raises Price Target to $245

DA Davidson analyst Gil Luria maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Buy and raises the price target from $200 to $250.

DA Davidson Maintains Buy on Snowflake, Raises Price Target to $250

Press Releases

Snowflake Appoints Mike Gannon as Chief Revenue Officer

Snowflake Unveils Apache Iceberg™ Innovations, Giving Enterprises the Best of Open Data and AI-Ready Performance

Snowflake Achieves Department of Defense IL5 Authorization, Furthering Position as the Trusted AI Data Cloud for Government and Defense Customers

Snowflake Research Reveals that 92% of Early Adopters See ROI From AI Investments

Snowflake to Announce Financial Results for the First Quarter of Fiscal 2026 on May 21, 2025

Snowflake Drives the Future of Automotive with New AI-Powered Solutions

Snowflake Welcomes Bill Scannell to its Board of Directors

NYSE Content Advisory: Pre-Market update + Retailers report earnings

Snowflake Reports Financial Results for the First Quarter of Fiscal 2026

Snowflake Partners with the LA28 Olympic and Paralympic Games and Team USA to Deliver the Data Sharing and Collaboration Platform for the Most Data-Driven Games of All Time

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