Snowflake stock price

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Snowflake stock price

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Snowflake, Inc. This includes the Data Cloud, an ecosystem where Snowflake customers, partners, data providers, and data consumers can break down data silos and derive value from rapidly growing data sets in secure, governed, and compliant ways. Its platform supports a range of use cases, including data warehousing, data lakes, data engineering, data science, data application development, and data sharing. The cloud-native architecture consists of three independently scalable layers across storage, compute, and cloud services. The storage layer ingests massive amounts and varieties of structured and semi-structured data to create a unified data record.

Internet - Software. Indices Russell Near-term headwinds to growth don't take away from Snowflake's long-term opportunities. The company's disappointing guidance sent its shares lower, but there is more to the story than what meets the eye. Snowflake stock trades at a sky-high valuation compared to other cloud computing giants. Pullbacks can sometimes create great buying opportunities for investors. Thanks to unexpected news, investors can now buy this stock at a relative discount.

Snowflake stock price

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Snowflake could remain the only multicloud offering of its kind for much longer than anticipated, allowing it to increase its top line more with minimal pricing pressure. Other multicloud data providers may emerge to compete with Snowflake, or in-house data warehouses at Amazon Web Services or Microsoft Azure could potentially adopt a multicloud strategy.

Better Data Stock: Palantir Technologies vs. Get More with TipRanks Premium. Revenue The total amount of income generated by the sale of goods or services related to the company's primary operations. More Education. Inflation Rate Unemployment Rate. Enterprise Solutions. ET on InvestorPlace. Jeremy Burton. Total equity. CAC You may be interested in info This list is generated from recent searches, followed securities, and other activity. Insider Activity. Effective tax rate The percent of their income that a corporation pays in taxes. Snowflake Founded in , Snowflake Inc. Datadog Inc.