These Analysts Revise Their Forecasts On Snowflake Following Q1 Results
These Analysts Revise Their Forecasts On Snowflake Following Q1 Results
Snowflake Inc (NYSE:SNOW) reported mixed financial results for the first quarter on Wednesday.
Snowflake Inc(纽约证券交易所代码:SNOW)周三公布了第一季度的财务业绩喜忧参半。
Snowflake said first-quarter revenue increased 33% year-over-year to $828.7 million, beating the consensus estimate of $785.87 million, according to Benzinga Pro. The data cloud company reported quarterly earnings of 14 cents per share, missing analyst estimates of 18 cents per share.
Snowflake表示,根据Benzinga Pro的数据,第一季度收入同比增长33%,达到8.287亿美元,超过了市场普遍预期的7.8587亿美元。这家数据云公司公布的季度每股收益为14美分,未达到分析师预期的每股18美分。
"Our core business is very strong. Our AI products, now generally available, are generating strong customer interest. They will help our customers deliver effective and efficient AI-powered experiences faster than ever," said Sridhar Ramaswamy, CEO of Snowflake.
“我们的核心业务非常强大。我们的人工智能产品现已正式上市,引起了客户的强烈兴趣。它们将帮助我们的客户比以往任何时候都更快地提供有效、高效的人工智能体验。” Snowflake首席执行官斯里达尔·拉马斯瓦米说。
Snowflake said it sees second-quarter product revenue in a range of $805 million to $810 million, up 26% to 27% on a year-over-year basis. The company expects full-year product revenue of $3.3 billion, up 24% year-over-year.
Snowflake表示,预计第二季度产品收入在8.05亿美元至8.1亿美元之间,同比增长26%至27%。该公司预计全年产品收入为33亿美元,同比增长24%。
Snowflake shares gained 0.4% to close at $163.34 on Wednesday.
周三,Snowflake股价上涨0.4%,收于163.34美元。
These analysts made changes to their price targets on Snowflake after the company reported quarterly results.
在Snowflake公布季度业绩后,这些分析师更改了Snowflake的目标股价。
- Needham slashed the price target on Snowflake from $240 to $210. Needham analyst Mike Cikos maintained a Buy rating.
- Keybanc increased Snowflake price target from $185 to $200. Keybanc analyst Eric Heath maintained an Overweight rating.
- Rosenblatt boosted the price target on Snowflake from $185 to $195 Rosenblatt analyst Blair Abernethy maintained a Buy rating.
- 尼德姆将Snowflake的目标股价从240美元下调至210美元。尼德姆分析师迈克·西科斯维持买入评级。
- Keybanc将Snowflake的目标股价从185美元上调至200美元。Keybanc分析师埃里克·希思维持增持评级。
- 罗森布拉特将Snowflake的目标股价从185美元上调至195美元。罗森布拉特分析师布莱尔·阿伯内西维持买入评级。
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