• Auto Loans

    Snowflake Stock Soars on Q3 Beat, Analysts Predict Further Upside

    Snowflake NYSE: SNOW shares wallowed near long-term lows for years as concerns about slowing growth and financial health weighed on sentiment, but the times have changed. The Q3 results reveal persistent strength, swelling client counts, and depending penetration of services, revealing its industry-leading position in data management and value for investors. The news includes significant increases in all metrics that provide leverage to the bottom line and greatly improve the financial outlook. The company will face headwinds as it grows and scales the business but is well-positioned to do so, and the stock price now has the support of analysts. …