Snowflake (SNOW)'s AI Tools Drive Momentum—Analyst Boosts Price Target
Snowflake Inc. (NYSE:SNOW) is a cloud-based data storage company providing a data analysis, storage, and sharing platform. One of the most notable analyst calls on Thursday, May 22, was for Snowflake Inc. Raymond James analyst Simon Leopold maintained an 'Outperform' rating and raised the price target on the stock to $212.00 (from $196.00). The rating follows Snowflake's robust first-quarter earnings for 2026, surpassing expectations.
A software engineer at work, surrounded by a wall of computer monitors connected to a 'Data Cloud' platform.
Citing its positive quarterly report, the management is optimistic about its future performance, particularly its new opportunities and sustained momentum. The firm particularly talked about the strong traction with Snowflake's Cortex, its suite of AI tools for customers to run generative AI and deep analytics applications on their existing data. While the firm is cautious about the deteriorating macro environment, it is positive about the company's momentum and new product growth.
Overall, SNOW ranks 4th on our list of best AI stocks on latest news and ratings. While we acknowledge the potential of SNOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNOW and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: and .
Disclosure: None. This article is originally published at Insider Monkey.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
18 minutes ago
- Yahoo
Planet Labs to Host Business Momentum Update
SAN FRANCISCO, June 26, 2025--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily Earth imaging and geospatial solutions, today announced it will host a press conference to provide an update on recent business momentum in the Defense & Intelligence sector. What: "Business Momentum Update" Who: Co-founder & CEO Will Marshall, President & CFO Ashley Johnson and additional executives will deliver remarks and be available for questions. When: Tuesday, July 1, 2025, at 9:00 AM PT Where: Virtual press conference via webcast. Details on how to access the webcast will be provided upon RSVP. RSVP: Media interested in attending the virtual press conference must RSVP to be admitted. All questions will be taken and responded to in English. Attendees can pre-register for the press conference at You will receive your access details via email. The webcast replay will be available at the same URL approximately two hours following the event, and will remain accessible for playback. For media inquiries, contact press@ About Planet Labs PBC Planet is a leading provider of global, daily satellite imagery and geospatial solutions. Planet is driven by a mission to image the world every day, and make change visible, accessible and actionable. Founded in 2010 by three NASA scientists, Planet designs, builds, and operates the largest Earth observation fleet of imaging satellites. Planet provides mission-critical data, advanced insights, and software solutions to customers comprising the world's leading agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to simply and effectively derive unique value from satellite imagery. Planet is a public benefit corporation listed on the New York Stock Exchange as PL. To learn more visit and follow us on X (formerly Twitter) or tune in to HBO's 'Wild Wild Space'. View source version on Contacts Press Contact Trevor HammondPlanet Labs PBCpress@ Investor Contact Cleo Palmer-PoronerPlanet Labs PBCir@
Yahoo
18 minutes ago
- Yahoo
BigBear.ai Demonstrates AI-Driven Forecasting and Sentiment Analysis at Project Convergence
MCLEAN, Va., July 01, 2025--(BUSINESS WIRE)-- (NYSE: BBAI), a leading provider of mission-ready AI for defense and national security, today announced its participation in Project Convergence - Capstone 5 (PC-C5). PC-C5 is a combined joint and multinational experiment allowing partners and allies across Australia, Canada, France, Japan, New Zealand, United Kingdom, and all branches of the United States military to integrate resources and technologies in support of defense transformation efforts for future warfighters. The PC-C5 experiment presented opportunities for multinational forces to test Next Generation Command Control (NGC2) systems using relevant AI models. Virtual Anticipation Network (VANE) platform proved critical in helping forces quickly gain situational awareness and identify emerging threats. Operators highlighted its forecasting models, accurate sentiment analysis for detecting adversarial narratives, and metadata tagging for navigating unfamiliar environments and filtering relevant media. " is proud that VANE continues to demonstrate operational value in real-world exercises and experiments like PC-C5, involving forces from multiple nations," said Ryan Legge, President of National Security at "These environments validate the critical role AI plays in supporting faster, more accurate decision-making for warfighters. The feedback we received will inform future enhancements to better serve our mission partners." remains committed to equipping military and intelligence professionals with tools that can help improve how they perceive, predict, and act in complex operational environments. To learn more about VANE, visit About is a leading provider of AI-powered decision intelligence solutions and services for national security, defense, travel and trade, manufacturing and supply chains. Customers and partners rely on artificial intelligence and predictive analytics capabilities in highly complex, distributed, mission-based operating environments. Headquartered in McLean, Virginia, is a public company traded on the NYSE under the symbol BBAI. For more information, visit and follow on LinkedIn: @ To receive email communications from register here. Forward-Looking Statements This press release contains "forward-looking statements." Such statements include, but are not limited to, statements regarding the intended use of proceeds from the private placement and may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, and legal conditions; risks related to the uncertainty of the projected financial information (including on a segment reporting basis); risks related to delays caused by factors outside of our control, including changes in fiscal or contracting policies or decreases in available government funding; changes in government programs or applicable requirements; budgetary constraints, including automatic reductions as a result of "sequestration" or similar measures and constraints imposed by any lapses in appropriations for the federal government or certain of its departments and agencies; influence by, or competition from, third parties with respect to pending, new, or existing contracts with government customers; our ability to successfully compete for and receive task orders and generate revenue under Indefinite Delivery/Indefinite Quantity contracts; potential delays or changes in the government appropriations or procurement processes, including as a result of events such as war, incidents of terrorism, natural disasters, and public health concerns or epidemics; and increased or unexpected costs or unanticipated delays caused by other factors outside of our control, such as performance failures of our subcontractors; risks related to the rollout of the business and the timing of expected business milestones; the effects of competition on our future business; our ability to issue equity or equity-linked securities in the future, and those factors discussed in the Company's reports and other documents filed with the SEC, including under the heading "Risk Factors." More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise, except as required by law. View source version on Contacts General/Sales: info@ Investors: investors@ Media: media@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27 minutes ago
- Yahoo
Eastman Schedules Second-Quarter 2025 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information
KINGSPORT, Tenn., July 01, 2025--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN): Financial Results Release: Thursday, July 31, 2025 Approximately 4:15 p.m. Eastern Time Via wire distribution and News Center and SEC Form 8-K filing. Advance Slides, Webcast and Teleconference: Friday, August 1, 2025 8:00 a.m. Eastern Time Via listen-only live webcast and teleconference. Teleconference Pre-Registration: To speed up connecting into the teleconference, a pre-registration link for participants is available below. Upon registration, participants will receive unique dial-in information via email. Replay: A webcast replay, as well as a replay in downloadable MP3 format, will be available at Telephone replay available continuously beginning at approximately 1:00 p.m. Eastern Time, August 1, through 11:59 p.m. Eastern Time, August 11, 2025, Toll Free at +1 (866) 813-9403, passcode 957945. View source version on Contacts Investor Contact: Greg Riddle, 212-835-1620, griddle@ Media Contact: Tracy Kilgore Addington, 423-224-0498, tracy@
