Snowflake's GenAI Initiatives Drive Investor Interest: Analyst Sees Strong Revenue Growth Ahead
Snowflake's GenAI Initiatives Drive Investor Interest: Analyst Sees Strong Revenue Growth Ahead
Needham analyst Mike Cikos reiterated Snowflake Inc (NYSE:SNOW) with a Buy rating and a $210 price target.
Needham分析師邁克·西科斯重申了Snowflake Inc(紐約證券交易所代碼:SNOW)的買入評級和210美元的目標股價。
Snowflake has garnered investor attention in the last month based on the company's GenAI initiatives, Cikos noted.
西科斯指出,根據Snowflake的GenAI計劃,Snowflake在上個月引起了投資者的關注。
While the company first unveiled Cortex in November 2023, the recent focus on Snowflake's GenAI roadmap results from the launch of Arctic in April, the upcoming Analyst Day at Snowflake Summit in San Francisco, and investors determining the direction of the company under new CEO Sridhar Ramaswamy.
雖然該公司於2023年11月首次推出了Cortex,但最近對SnowflakeGenAI路線圖的關注源於4月的北極推出、即將在舊金山舉行的Snowflake峯會分析師日,以及投資者在新任首席執行官斯里達爾·拉馬斯瓦米領導下決定公司方向。
The Arctic is Snowflake's family of Enterprise-grade models.
北極是 Snowflake 的企業級車型系列。
Cikos noted that the Arctic (and Cortex, more generally) will play a prominent role.
西科斯指出,北極(以及更廣泛的皮層)將發揮重要作用。
The analyst published his Arctic Primer to highlight his research on the offering, which is consistent with his other primers.
這位分析師發佈了他的《北極入門》,重點介紹了他對該產品的研究,該研究與其他入門書一致。
Snowflake has taken an open approach to the Arctic by delivering its models under the Apache v2.0 license.
Snowflake對北極採取了開放的態度,根據Apache v2.0許可交付了模型。
Cikos noted that this transparency serves Snowflake well by allowing customers to tinker with the models, which instills trust. Furthermore, Snowflake has architected each model under the Arctic umbrella with an efficiency mindset.
西科斯指出,這種透明度使客戶能夠修改模型,從而增強信任,從而很好地爲Snowflake服務。此外,Snowflake以效率思維設計了北極保護傘下的每個模型。
A critical component to driving adoption is removing latency to serve enterprise use cases while improving TCO. Cikos added that pricing demonstrates the nascency of the different models concerning monetization.
推動採用的一個關鍵要素是消除延遲,爲企業用例提供服務,同時提高總體擁有成本。西科斯補充說,定價表明了不同的貨幣化模式尚處於起步階段。
Arctic is one of the multiple features on the Snowflake product roadmap that will encourage customers to consume more, thereby generating stronger revenues for the company.
北極是Snowflake產品路線圖上的多項功能之一,它將鼓勵客戶增加消費,從而爲公司創造更大的收入。
Also, the number and timing of new product announcements at Snowflake bolsters the case for solid R&D innovation to support long-term durable growth and competitive positioning, as per Cikos.
此外,根據Cikos的說法,Snowflake發佈新產品的數量和時間爲紮實的研發創新提供了支持,以支持長期持久增長和競爭定位。
Snowflake stock has lost over 6% in the last 12 months. Investors can gain exposure to the stock via the TrueShares Technology, AI & Deep Learning ETF (NYSE:LRNZ) and the Global X Cloud Computing ETF (NASDAQ:CLOU).
在過去的12個月中,Snowflake的股票下跌了6%以上。投資者可以通過TrueShares科技、人工智能和深度學習ETF(紐約證券交易所代碼:LRNZ)和Global X雲計算ETF(納斯達克股票代碼:CLOU)獲得股票敞口。
Price Action: SNOW shares are trading lower by 1.21% to $148.92 at the last check on Wednesday.
價格走勢:在週三的最後一次支票中,SNOW股價下跌1.21%,至148.92美元。