Snowflake was a cloud industry darling when it came public in 2020. But the stock has declined by 61% from its all-time high amid rapidly slowing revenue growth.
Snowflake's growth rate is slowing, and management is expecting that to continue. The company's plan to drive customer usage higher isn't playing out yet as hoped.
Snowflake expects product revenue growth to fall to 34% in the current fiscal year. The stock trades at a much higher sales multiple than its largest peers.

Snowflake Stock: Bear vs. Bull

06:51am, Monday, 29'th May 2023
Snowflake's Q1 earnings report exceeded analysts' expectations. But it expects its slowdown to continue throughout the rest of the year.
Snowflaked reported quarterly financial data that disappointed investors.

Snowflake Down 15%: Is It Time to Buy?

11:00am, Sunday, 28'th May 2023
Snowflake reported a 50% increase in revenue last quarter. Management's guidance was soft, reflecting a challenging environment for cloud service providers.
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Snowflake Is Still Priced for Perfection

11:25am, Friday, 26'th May 2023
Snowflake beat estimates in the first quarter but lowered its full-year guidance. Revenue growth in the second half of the year is expected to slow to around 25%.

Why Snowflake Stock Was Melting Fast This Week

08:06am, Friday, 26'th May 2023
The data specialist reported estimates-crushing results for its inaugural quarter of fiscal 2024. Its guidance left something to be desired, though.
Snowflake Inc. lost another believer after its latest earnings report, as Wolfe Research analyst Alex Zukin moved to the sidelines on the shares.

Snowflake Stock Just Plummeted. Time to Buy?

06:46am, Friday, 26'th May 2023
The tech company's revenue guidance disappointed. Management reiterated its outlook for $10 billion in annualized revenue in about five years.
LiveRamp (RAMP) and Nordson's (NDSN) earnings potential is very attractive, and their quarterly reports helped reconfirm this.
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