|Bid||141.81 x 1000|
|Ask||141.92 x 1000|
|Day's range||139.35 - 144.22|
|52-week range||110.26 - 405.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||23 Aug 2022 - 29 Aug 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||200.71|
After the largest software IPO of all time in September 2020, enterprise software provider Snowflake (NYSE: SNOW) has started to get the cold shoulder from its investors. While the first quarter illustrated robust revenue growth, primarily driven by improving unit economics of customer expansion, the stock is down over 50% year to date. For the first quarter of fiscal 2023, which ended April 30, 2022, Snowflake reported total revenue of $422 million, an increase of 85% year over year.
Yahoo Finance Live anchors discuss Snowflake stock after Jefferies upgraded shares.
A good place to start looking for all-star stocks is the software and technology sector. Snowflake (NYSE: SNOW) offers its clients a data cloud platform to better manage voluminous amounts of data to enable quicker processing and more insightful analytics. Its software is platform-agnostic and allows for data sharing across a myriad of applications, thereby increasing its attractiveness.