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Snowflake Weakens Short-Term but Top-Line Growth Strengthens Long-Term Outlook

Investing.com Logo Investing.com By Tal Melenboim
Snowflake Weakens Short-Term but Top-Line Growth Strengthens Long-Term Outlook

Snowflake stock experiences short-term pullback after reaching a 3-year high, but maintains strong long-term growth potential driven by AI integration and consistent revenue expansion.

Insights
IBKR   positive

Investments in automation paying off, offering competitive interest and margin rates


SNOW   neutral

Short-term technical pullback to $254, but strong long-term outlook with consistent revenue growth, net revenue retention between 124-128%, and raising fiscal year guidance to $4.39 billion product revenue