Snowflake Surges In Pre-Market On Monday: What's Going On?
Snowflake Surges In Pre-Market On Monday: What's Going On?
Now its time for the broader software space to get in on the AI Party as we believe the use cases are exploding, enterprise consumption phase is ahead of us in 2025, launch of LLM models across the board, and the true adoption of generative AI. SNOW $190 and ESTC $135 Snowflake Inc (NYSE:SNOW) experienced a 3.52% increase in pre-market trading on Monday, according to Benzinga Pro.
週一，snowflake公司（紐交所:SNOW）的盤前交易經歷了3.52%的增長，據彭博專業版報道。
What Happened: This rise followed an upgrade from Neutral to Outperform by Dan Ives' Wedbush, with a revised price target of $190. Wedbush analysts expressed heightened optimism about the software sector's role in the evolving AI Revolution, projecting growth into 2025.
事件經過：這一上漲是在Dan Ives的Wedbush將評級從中立調高至跑贏市場後發生的，新的價格目標定爲190美元。Wedbush的分析師對軟件行業在不斷演變的AI革命中的作用表現出增強的樂觀情緒，預計到2025年將有增長。
Wedbush's analysis suggests that Snowflake is well-positioned to capitalize on the anticipated advancements in artificial intelligence, which is expected to drive significant growth in the software industry over the coming years.
Wedbush的分析顯示，snowflake公司有望充分利用人工智能的預期進步，這有望推動軟件行業在未來幾年實現顯著增長。
Now its time for the broader software space to get in on the AI Party as we believe the use cases are exploding, enterprise consumption phase is ahead of us in 2025, launch of LLM models across the board, and the true adoption of generative AI. SNOW $190 and ESTC $135
— Dan Ives (@DivesTech) November 24, 2024
現在是更廣泛的軟件領域參與人工智能盛宴的時候了，我們認爲用例正在激增，企業消費階段在我們2025年之前，LLm模型全面推出，以及生成式人工智能的真正採用。SNOW $190和ESTC $135
— Dan Ives (@DivesTech) 2024年11月24日
Why It Matters: The recent upgrades by Wedbush come on the heels of Snowflake's impressive third-quarter financial results, which exceeded analyst expectations. Snowflake reported revenue of $942.09 million, surpassing the estimated $896.99 million. The company's adjusted earnings were 20 cents per share, beating the forecasted 15 cents per share.
爲什麼重要：Wedbush最近的提升是在snowflake公司令人印象深刻的第三季度財務業績之後，該業績超出了分析師的預期。snowflake公司報告的營業收入爲9.42億美元，超過了預估的89699萬美元。該公司的調整後每股收益爲20美分，超過了預測的15美分。
Snowflake's total revenue increased by 28% year-over-year, with product revenue rising by 29%. The net revenue retention rate stood at 127% for the quarter. Additionally, the remaining performance obligations reached $5.7 billion, marking a 55% year-over-year growth.
snowflake公司的總營收同比增長了28%，產品營收增長了29%。季度淨營收保留率達到了127%。此外，剩餘的履約義務達到了57億美元，同比增長了55%。
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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
免責聲明：本內容部分由Benzinga Neuro幫助製作，並經Benzinga編輯審查和發佈。
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譯文內容由第三人軟體翻譯。
