The downgrade comes about a week ahead of Snowflake’s second-quarter financial results. The company is due to report earnings after the market close on Aug. 21.

Snowflake shares are down about 40% over a 12-month span. Photo: NYSE This update corrects the FactSet consensus for Snowflake’s fiscal first-quarter and fiscal 2024 product revenue.

Shares of data warehouse-as-a-service Snowflake (NYSE:SNOW) fell 7.1% in the morning session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade ...

Snowflake's stock dropped 15% after earnings, but strong sales growth and potential upside make it a rebound investment. Learn more on SNOW here.

Snowflake shares, which closed at $279.45 on Thursday, opened at $268.03 Friday morning and sank to a low of $248.92 early in the morning – down 10.9 percent from Thursday’s closing price and ...

The Ratings Game Why Snowflake’s stock is falling despite a boost to guidance Bernstein worries that ‘expectations may creep too high for next quarter’ and says the AI messaging looks murky ...

1. Slower Growth in Product Revenue Snowflake’s product revenue, which is a key metric for tracking its growth and market potential, has shown signs of deceleration in recent quarters.

Snowflake Inc SNOW shares are moving lower Monday. Traders appear to be circling a threat intelligence blog post related to a recent cyber attack. What Happened: In a blog post on Monday, Alphabet ...

Snowflake sees first-quarter product revenue in a range of $745 million to $750 million, up 26% to 27% on a year-over-year basis. 9 Out of the Last 10 Summers this "Power Pattern" Delivered ...