Snowflake Surges In Pre-Market On Monday: What's Going On?
Snowflake Surges In Pre-Market On Monday: What's Going On?
Now its time for the broader software space to get in on the AI Party as we believe the use cases are exploding, enterprise consumption phase is ahead of us in 2025, launch of LLM models across the board, and the true adoption of generative AI. SNOW $190 and ESTC $135 Snowflake Inc (NYSE:SNOW) experienced a 3.52% increase in pre-market trading on Monday, according to Benzinga Pro.
周一，snowflake公司（纽交所:SNOW）的盘前交易经历了3.52%的增长，据彭博专业版报道。
What Happened: This rise followed an upgrade from Neutral to Outperform by Dan Ives' Wedbush, with a revised price target of $190. Wedbush analysts expressed heightened optimism about the software sector's role in the evolving AI Revolution, projecting growth into 2025.
事件经过：这一上涨是在Dan Ives的Wedbush将评级从中立调高至跑赢市场后发生的，新的价格目标定为190美元。Wedbush的分析师对软件行业在不断演变的AI革命中的作用表现出增强的乐观情绪，预计到2025年将有增长。
Wedbush's analysis suggests that Snowflake is well-positioned to capitalize on the anticipated advancements in artificial intelligence, which is expected to drive significant growth in the software industry over the coming years.
Wedbush的分析显示，snowflake公司有望充分利用人工智能的预期进步，这有望推动软件行业在未来几年实现显著增长。
Now its time for the broader software space to get in on the AI Party as we believe the use cases are exploding, enterprise consumption phase is ahead of us in 2025, launch of LLM models across the board, and the true adoption of generative AI. SNOW $190 and ESTC $135
— Dan Ives (@DivesTech) November 24, 2024
现在是更广泛的软件领域参与人工智能盛宴的时候了，我们认为用例正在激增，企业消费阶段在我们2025年之前，LLm模型全面推出，以及生成式人工智能的真正采用。SNOW $190和ESTC $135
— Dan Ives (@DivesTech) 2024年11月24日
Why It Matters: The recent upgrades by Wedbush come on the heels of Snowflake's impressive third-quarter financial results, which exceeded analyst expectations. Snowflake reported revenue of $942.09 million, surpassing the estimated $896.99 million. The company's adjusted earnings were 20 cents per share, beating the forecasted 15 cents per share.
为什么重要：Wedbush最近的提升是在snowflake公司令人印象深刻的第三季度财务业绩之后，该业绩超出了分析师的预期。snowflake公司报告的营业收入为9.42亿美元，超过了预估的89699万美元。该公司的调整后每股收益为20美分，超过了预测的15美分。
Snowflake's total revenue increased by 28% year-over-year, with product revenue rising by 29%. The net revenue retention rate stood at 127% for the quarter. Additionally, the remaining performance obligations reached $5.7 billion, marking a 55% year-over-year growth.
snowflake公司的总营收同比增长了28%，产品营收增长了29%。季度净营收保留率达到了127%。此外，剩余的履约义务达到了57亿美元，同比增长了55%。
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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
免责声明：本内容部分由Benzinga Neuro帮助制作，并经Benzinga编辑审查和发布。
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