Snowflake Shares Soar After Strong Earnings Report: Attention on ETFs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 28 2025
0mins
Should l Buy SNOW?
Source: NASDAQ.COM
Earnings Report Highlights: Snowflake's shares rose 13% after reporting second-quarter fiscal 2026 earnings of 35 cents per share, exceeding Wall Street expectations and nearly doubling the previous year's figure.
Revenue Growth: The company reported a 32% increase in revenues to $1.1 billion, surpassing the consensus estimate of $1.09 billion, with remaining performance obligations reaching $6.9 billion, up 33% year-over-year.
Increased Revenue Forecast: Snowflake raised its product revenue forecast for fiscal 2026 to $4.40 billion, driven by strong demand for data analytics services amid rising enterprise investments in artificial intelligence.
ETFs Exposure: Several exchange-traded funds (ETFs) like Twin Oak Endure ETF, TrueShares Technology, AI & Deep Learning ETF, and Global X Cloud Computing ETF have significant exposure to Snowflake and may benefit from its growth in the AI sector.
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Analyst Views on SNOW
Wall Street analysts forecast SNOW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SNOW is 285.29 USD with a low forecast of 237.00 USD and a high forecast of 325.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
34 Analyst Rating
32 Buy
2 Hold
0 Sell
Strong Buy
Current: 178.830
Low
237.00
Averages
285.29
High
325.00
Current: 178.830
Low
237.00
Averages
285.29
High
325.00
About SNOW
Snowflake Inc. is a data cloud and artificial intelligence company. Its platform is the technology that powers the AI Data Cloud, enabling customers to consolidate data into a single source of truth to drive meaningful insights, apply artificial intelligence (AI) to solve business problems, build data applications, and share data and data products. It provides its platform through a customer-centric, and consumption-based business model. Its cloud-native architecture consists of three independently scalable but logically integrated layers across compute, storage, and cloud services. The compute layer provides dedicated resources to enable users to simultaneously access common data sets for many use cases with minimal latency. The storage layer ingests massive amounts and varieties of structured, semi-structured, and unstructured data to create a unified data record. Its ClearQuery platform allows users to rapidly search, explore, and analyze their data using natural language queries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Partnership Announcement: Snowflake has entered into a multi-year, $200 million partnership with OpenAI aimed at co-innovation and joint go-to-market strategies, enabling OpenAI models, including GPT-5.2, to be natively available to Snowflake's 12,600 global customers, thereby enhancing the development and deployment of customized AI solutions for enterprise clients.
- Favorable Market Conditions: The stock's premarket rise of 3.95% comes as Nasdaq futures increased by 0.32% and S&P 500 futures by 0.22%, indicating a positive sentiment in the technology sector that could further bolster investor confidence in Snowflake.
- Technical Analysis: Currently, Snowflake's shares are trading 7.2% below their 20-day simple moving average and 20.9% below their 100-day moving average, reflecting ongoing weakness, with key support at $160.50 and resistance at $215.00, suggesting investors should monitor these levels closely.
- Earnings Outlook: Investors are looking forward to the earnings report on February 25, 2026, with an estimated loss of 10 cents per share (down from a loss of 30 cents YoY) and revenue projected at $1.25 billion (up from $986.77 million YoY), while analysts maintain a Buy rating with an average price target of $276.82.
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- Deepening Technical Collaboration: This partnership signifies Snowflake's role as the Official Data Collaboration Provider for U.S. Figure Skating, committed to enhancing data and AI capabilities to support long-term athlete development and performance in competitions.
- Natural Language Analysis: By utilizing natural language processing, coaches and leaders will gain deeper insights into performance trends, leveraging data-driven insights to optimize training and competition strategies, thereby enhancing overall competitive levels.
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- Client Base Expansion: RESAAS expects this integration to accelerate the expansion of enterprise deployments throughout 2026 and beyond, particularly among global real estate firms seeking unified, real-time insights to support cross-border collaboration and transaction pipeline management.
- Innovation-Driven Technology: By partnering with Snowflake, RESAAS not only enhances its data delivery capabilities but also increases client flexibility and depth in performing advanced analytics using business intelligence and data science tools, further solidifying its technological leadership in the real estate industry.
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- Data Integration Advantage: The integration of RESAAS with Snowflake enables enterprise clients to seamlessly synchronize proprietary real estate data into their existing Snowflake environments via a secure, automated data feed, enhancing data utilization efficiency and decision-making speed.
- Market Demand Response: As enterprise real estate organizations become increasingly data-driven, the RESAAS integration helps clients break down data silos, allowing them to combine external data with internal datasets to drive various applications such as market intelligence and portfolio optimization.
- Customer Base Expansion: RESAAS expects this integration to accelerate its enterprise deployments throughout 2026 and beyond, particularly among global real estate firms seeking unified, real-time insights, thereby enhancing cross-border collaboration capabilities.
- Industry Impact Enhancement: By providing high-value real estate intelligence that is difficult to replicate through traditional sources, RESAAS not only strengthens its competitive position in the industry but also offers clients deeper analytical capabilities, driving the digital transformation of the sector.
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- Investigation Background: Johnson Fistel is investigating whether Snowflake Inc. complied with federal securities laws, focusing on investor losses and the potential for recovery under these laws.
- Stock Price Plunge: Following the February 28, 2024 announcement of its financial results, Snowflake's stock price plummeted from $230 to $188.28, a decline exceeding 18%, resulting in significant losses for investors.
- Changes in Customer Behavior: During the earnings call, company management discussed changes in customer behavior and the impact of certain product developments, which adversely affected the company's outlook.
- Legal Services: Johnson Fistel is a nationally recognized shareholder rights law firm specializing in securities fraud and investor rights, having recovered approximately $90.725 million for clients in 2024 alone.
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Investment Perspective: Analysts at J.P. Morgan view this downturn as a buying opportunity and have identified several AI-resistant companies, including Microsoft and CrowdStrike.
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Snowflake Partners with OpenAI for $200 Million Collaboration
- Partnership Announcement: Snowflake has entered into a multi-year, $200 million partnership with OpenAI aimed at co-innovation and joint go-to-market strategies, enabling OpenAI models, including GPT-5.2, to be natively available to Snowflake's 12,600 global customers, thereby enhancing the development and deployment of customized AI solutions for enterprise clients.
- Favorable Market Conditions: The stock's premarket rise of 3.95% comes as Nasdaq futures increased by 0.32% and S&P 500 futures by 0.22%, indicating a positive sentiment in the technology sector that could further bolster investor confidence in Snowflake.
- Technical Analysis: Currently, Snowflake's shares are trading 7.2% below their 20-day simple moving average and 20.9% below their 100-day moving average, reflecting ongoing weakness, with key support at $160.50 and resistance at $215.00, suggesting investors should monitor these levels closely.
- Earnings Outlook: Investors are looking forward to the earnings report on February 25, 2026, with an estimated loss of 10 cents per share (down from a loss of 30 cents YoY) and revenue projected at $1.25 billion (up from $986.77 million YoY), while analysts maintain a Buy rating with an average price target of $276.82.
See More
Snowflake Partners with U.S. Figure Skating to Enhance Data Capabilities
- Data-Driven Decisions: Snowflake Intelligence will integrate athlete performance, fan engagement, and business operations data into a reliable source of insights, enabling U.S. Figure Skating to make faster and smarter strategic adjustments in decision-making processes.
- Deepening Technical Collaboration: This partnership signifies Snowflake's role as the Official Data Collaboration Provider for U.S. Figure Skating, committed to enhancing data and AI capabilities to support long-term athlete development and performance in competitions.
- Natural Language Analysis: By utilizing natural language processing, coaches and leaders will gain deeper insights into performance trends, leveraging data-driven insights to optimize training and competition strategies, thereby enhancing overall competitive levels.
- Innovation and Growth: Snowflake's data intelligence platform will foster innovation in athlete development, performance insights, and fan engagement for U.S. Figure Skating, ensuring a competitive edge in future Olympic and other events.
See More
RESAAS and Snowflake Integration Unlocks Enterprise Insights
- Integration Advantage: The RESAAS and Snowflake integration enables enterprise clients to seamlessly synchronize proprietary real estate data into their existing Snowflake environments via a secure, automated data feed, enhancing data utilization efficiency and decision-making speed.
- Market Demand Response: As enterprise real estate organizations become increasingly data-driven, the integration helps clients break down data silos, allowing them to combine external data with internal datasets to drive portfolio optimization and market intelligence analysis.
- Client Base Expansion: RESAAS expects this integration to accelerate the expansion of enterprise deployments throughout 2026 and beyond, particularly among global real estate firms seeking unified, real-time insights to support cross-border collaboration and transaction pipeline management.
- Innovation-Driven Technology: By partnering with Snowflake, RESAAS not only enhances its data delivery capabilities but also increases client flexibility and depth in performing advanced analytics using business intelligence and data science tools, further solidifying its technological leadership in the real estate industry.
See More
RESAAS and Snowflake Integration Unlocks Real Estate Data Insights
- Data Integration Advantage: The integration of RESAAS with Snowflake enables enterprise clients to seamlessly synchronize proprietary real estate data into their existing Snowflake environments via a secure, automated data feed, enhancing data utilization efficiency and decision-making speed.
- Market Demand Response: As enterprise real estate organizations become increasingly data-driven, the RESAAS integration helps clients break down data silos, allowing them to combine external data with internal datasets to drive various applications such as market intelligence and portfolio optimization.
- Customer Base Expansion: RESAAS expects this integration to accelerate its enterprise deployments throughout 2026 and beyond, particularly among global real estate firms seeking unified, real-time insights, thereby enhancing cross-border collaboration capabilities.
- Industry Impact Enhancement: By providing high-value real estate intelligence that is difficult to replicate through traditional sources, RESAAS not only strengthens its competitive position in the industry but also offers clients deeper analytical capabilities, driving the digital transformation of the sector.
See More
Johnson Fistel Investigates Snowflake Compliance with Securities Laws
- Investigation Background: Johnson Fistel is investigating whether Snowflake Inc. complied with federal securities laws, focusing on investor losses and the potential for recovery under these laws.
- Stock Price Plunge: Following the February 28, 2024 announcement of its financial results, Snowflake's stock price plummeted from $230 to $188.28, a decline exceeding 18%, resulting in significant losses for investors.
- Changes in Customer Behavior: During the earnings call, company management discussed changes in customer behavior and the impact of certain product developments, which adversely affected the company's outlook.
- Legal Services: Johnson Fistel is a nationally recognized shareholder rights law firm specializing in securities fraud and investor rights, having recovered approximately $90.725 million for clients in 2024 alone.
See More
Microsoft and 18 Other Software Firms Poised for Resilience
Market Impact: The software sector has experienced a $2 trillion loss due to concerns over potential disruptions from artificial intelligence technology.
Investment Perspective: Analysts at J.P. Morgan view this downturn as a buying opportunity and have identified several AI-resistant companies, including Microsoft and CrowdStrike.
See More
