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.
根據Benzinga Pro的數據，Snowflake Inc（紐約證券交易所代碼：SNOW）週一的盤前交易量增長了3.52％。
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.
發生了什麼：此次上漲是在丹·艾夫斯的Wedbush從中性上調至跑贏大盤之後出現的，目標股價上調爲190美元。Wedbush分析師對軟件行業在不斷演變的人工智能革命中的作用表示更加樂觀，預計增長將持續到2025年。
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的分析表明，Snowflake完全有能力利用人工智能的預期進步，預計人工智能將在未來幾年推動軟件行業的顯著增長。
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
現在是更廣泛的軟件領域加入人工智能派對的時候了，因爲我們認爲用例正在爆炸式增長，2025年企業消費階段即將到來，llM模型將全面推出，生成式人工智能的真正採用。SNOW 190 美元，ESTC 135 美元
— 丹·艾夫斯 (@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.
爲何重要：Wedbush最近的上調是在Snowflake令人印象深刻的第三季度財務業績之後進行的，該業績超出了分析師的預期。Snowflake公佈的收入爲9.4209億美元，超過了預期的8.9699億美元。該公司調整後的每股收益爲20美分，超過預期的每股收益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的總收入同比增長了28％，產品收入增長了29％。本季度的淨收入留存率爲127％。此外，剩餘的績效義務達到57億美元，同比增長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.
免責聲明：該內容部分是在Benzinga Neuro的幫助下製作的，並由Benzinga編輯審查和發佈。
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照片來自 Shutterstock
