Professional
Added to YB: 2024-10-08
Pitch date: 2024-10-05
SNOW [bullish]
Snowflake Inc.
+90.46%
current return
Author Info
Sycamore Capital is a concentrated, personal portfolio of high quality stocks. Sign up for the newsletter.
Company Info
Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally.
Market Cap
$89.8B
Pitch Price
$114.42
Price Target
N/A
Dividend
N/A
EV/EBITDA
-72.98
P/E
-65.73
EV/Sales
20.07
Sector
IT Services
Category
growth
Getting More Defensive Heading into Q4 | Sycamore Portfolio Update [September 2024] - Snowflake Inc.
SNOW: Data powerhouse for AI, strong RPOs ($5.2B, +48% y/y). New CEO Sridhar driving 2x product velocity. Margin improvement expected as GPU purchases end. Trading at all-time low 8.5x revenue. Concerns: 40% revenue on stock comp. Potential for re-acceleration and multiple expansion.
Read full article (3 min)