Added to YB: 2026-06-09
Pitch date: 2026-06-07
SNOW [neutral]
Snowflake Inc.
+0.27%
current return
Author Info
No bio for this author
Company Info
Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally.
Market Cap
$82.6B
Pitch Price
$239.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
-77.94
P/E
-67.81
EV/Sales
16.09
Sector
IT Services
Category
growth
Snowflake: What Summit 26 Confirmed
SNOW (holding update): Summit 26 confirms reaccel thesis. GAAP profitability targeted Q4 FY28 as SBC falls ~7pp/yr (40%→27% FY27). 30%+ rev growth w/ near-zero net hires shows AI-driven leverage. CoCo accelerates consumption (60% QoQ acct growth); AWS $6B deal holds 75% GM. CoWork early (70% non-users). TAM $460B by FY31. Top 25 avg $34M vs G2000 avg $2.4M = expansion runway. 126% NRR, $800M buyback. Watching CoCo ramp, GTM execution, CoWork.
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