Snowflake Beats Q4 Estimates, Lifts Full-Year Outlook: Analysts See AI Boosting Growth
1. Snowflake beat Q4 revenue expectations at $987 million, aiding stock price. 2. Analysts raised price targets; JPMorgan to $210, Needham to $215. 3. Fiscal 2026 guidance projects higher growth rates, boosted by AI advancements. 4. AI/ML and new product performances are driving stronger growth forecasts. 5. Solid operational efficiency improved margins, surpassing analyst estimates.