AI Bull Brad Gerstner Likes Snowflake (SNOW) Despite ‘SaaSpocalypse' Fears [Yahoo! Finance]
Snowflake Inc. (SNOW)
Last snowflake inc. earnings: 5/4 06:30 am
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US:NYSE Investor Relations:
businesswire.com/news/home/20170427005594/en/intrawest-resorts-announces-fiscal-2017-quarter-earnings
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Source: Yahoo! Finance
Altimeter Capital's Stake: $444,775,213 Snowflake (NYSE:SNOW) sells a cloud-based data platform that lets companies store, process, and analyze massive amounts of data. Unlike other SaaS companies, Snowflake uses a consumption-based model which means meaning customers pay based on how much data they use, query, and compute. The stock is down roughly 44% this year, as investors worry that AI could disrupt traditional SaaS models and reduce software spending. But Snowflake (NYSE:SNOW) bulls believe these fears are overblown. Their case is simple: Snowflake (NYSE:SNOW) isn't really a SaaS company in the traditional sense. Its usage-based model actually benefits from AI, not suffers from it. As companies adopt AI, they generate more data, run more queries, and require more computing power. All of this directly increases Snowflake's revenue. The company's backlog (remaining performance obligations) rose 40% year over year in Q4. BofA recently highlighted Snowflake's (NYSE:SNOW) ac
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SNOW
News
- Bronstein, Gewirtz & Grossman LLC Urges Snowflake Inc. Investors to Act: Class Action Filed Alleging Investor HarmGlobeNewswire
- SNOW Shareholder Alert: April 27, 2026 Lead Plaintiff Deadline in Snowflake Inc. Securities Class Action Lawsuit — The Gross Law FirmGlobeNewswire
- SNOW UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Snowflake (SNOW) Investors of Securities Class Action Deadline on April 27, 2026PR Newswire
- SNOW DEADLINE: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Snowflake Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important April 27 Deadline in Securities Class Action - SNOWGlobeNewswire
- INVESTOR NOTICE: Snowflake Inc. (SNOW) Investors with Substantial Losses Have Opportunity to Lead Class Action LawsuitPR Newswire
SNOW
Earnings
- 2/25/26 - Beat
SNOW
Sec Filings
- 4/17/26 - Form 4
- 4/10/26 - Form 3
- 4/9/26 - Form 4
- SNOW's page on the SEC website