These Analysts Revise Their Forecasts On Snowflake Following Q1 Results
These Analysts Revise Their Forecasts On Snowflake Following Q1 Results
Snowflake Inc (NYSE:SNOW) reported mixed financial results for the first quarter on Wednesday.
Snowflake Inc（紐約證券交易所代碼：SNOW）週三公佈了第一季度的財務業績喜憂參半。
Snowflake said first-quarter revenue increased 33% year-over-year to $828.7 million, beating the consensus estimate of $785.87 million, according to Benzinga Pro. The data cloud company reported quarterly earnings of 14 cents per share, missing analyst estimates of 18 cents per share.
Snowflake表示，根據Benzinga Pro的數據，第一季度收入同比增長33％，達到8.287億美元，超過了市場普遍預期的7.8587億美元。這家數據雲公司公佈的季度每股收益爲14美分，未達到分析師預期的每股18美分。
"Our core business is very strong. Our AI products, now generally available, are generating strong customer interest. They will help our customers deliver effective and efficient AI-powered experiences faster than ever," said Sridhar Ramaswamy, CEO of Snowflake.
“我們的核心業務非常強大。我們的人工智能產品現已正式上市，引起了客戶的強烈興趣。它們將幫助我們的客戶比以往任何時候都更快地提供有效、高效的人工智能體驗。” Snowflake首席執行官斯里達爾·拉馬斯瓦米說。
Snowflake said it sees second-quarter product revenue in a range of $805 million to $810 million, up 26% to 27% on a year-over-year basis. The company expects full-year product revenue of $3.3 billion, up 24% year-over-year.
Snowflake表示，預計第二季度產品收入在8.05億美元至8.1億美元之間，同比增長26％至27％。該公司預計全年產品收入爲33億美元，同比增長24％。
Snowflake shares gained 0.4% to close at $163.34 on Wednesday.
週三，Snowflake股價上漲0.4％，收於163.34美元。
These analysts made changes to their price targets on Snowflake after the company reported quarterly results.
在Snowflake公佈季度業績後，這些分析師更改了Snowflake的目標股價。
- Needham slashed the price target on Snowflake from $240 to $210. Needham analyst Mike Cikos maintained a Buy rating.
- Keybanc increased Snowflake price target from $185 to $200. Keybanc analyst Eric Heath maintained an Overweight rating.
- Rosenblatt boosted the price target on Snowflake from $185 to $195 Rosenblatt analyst Blair Abernethy maintained a Buy rating.
- 尼德姆將Snowflake的目標股價從240美元下調至210美元。尼德姆分析師邁克·西科斯維持買入評級。
- Keybanc將Snowflake的目標股價從185美元上調至200美元。Keybanc分析師埃裏克·希思維持增持評級。
- 羅森布拉特將Snowflake的目標股價從185美元上調至195美元。羅森布拉特分析師布萊爾·阿伯內西維持買入評級。
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譯文內容由第三人軟體翻譯。