Buy Snowflake Stock As AI Set To Power Earnings?
1. Snowflake's Q1 FY'26 earnings expected on May 21, showing 21% revenue growth. 2. Adjusted earnings forecasted at $0.21 per share, a 50% year-on-year rise. 3. Company enhancing AI capabilities through partnerships, simplifying client operations. 4. Historical earnings show 56% chance of positive one-day returns. 5. Current market cap stands at $61 billion with significant operational losses.