How Snowflake Stock Surges To $450
1. Snowflake stock surged 20% after strong earnings and raised revenue forecasts. 2. AI adoption is a key driver for Snowflake's growth and customer acquisition. 3. Stock valuation could reach $450 with a potential 2.4x revenue increase. 4. SNOW's current P/S ratio is lower than historical peaks despite future growth. 5. Market for Snowflake's services is predicted to grow significantly through 2028.