SNOW Earnings

SNOW reported its FY2026Q3 earnings on 2025-12-03, showcasing a revenue of 1.00B against an estimate of 1.00B, resulting in a 2.44% surprise. The EPS was 0.35, surpassing the expected 0.31 by 12.9% . The stock experienced a -11.41% price change on the earnings day and a -16% change over the next five days, reflecting market reactions to the results.

Following SNOW's FY2026Q3 earnings announcement on 2025-12-03, the stock price moved by -11.41% on the day of the release. Over the subsequent five days, it saw a -16.00% change. Historically, SNOW's stock price tends to shift by an average of -3.17% in the 10 days leading up to earnings and -0.66% in the 10 days following, providing insight into potential market.

For 2026/Q4, analysts estimate SNOW’s annual revenue to reach 1.00B, while the EPS is projected at 0.00. These estimates reflect recent revisions, with revenue estimates revised Revenue Revise Upward by 1.04% and EPS estimates Revise Upward by 1.59% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between SNOW's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2026 were Revise Upward by 1.04%, while EPS estimates moved Revise Upward by 1.59% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, SNOW's stock price typically moves by -3.17% in the 10 days before its earnings and -0.66% in the 10 days after. For the upcoming 2026/Q4 earnings, analysts expect an EPS of 0.00 and revenue of 1.00B.

The earnings call highlights several positive aspects: Snowflake's expansion into a complete data platform, strong AI integration, and a $200 million partnership with Anthropic. The company's optimistic guidance, increased product revenue expectations, and positive customer adoption trends in AI products contribute to a positive sentiment. However, some lack of clarity in management's responses and guidance for FY '27 slightly tempers the enthusiasm. Overall, the positive factors outweigh the negatives, suggesting a stock price increase in the short term.