SNOW is trading 2.2% up at $244.44, building on yesterday’s 36% surge following strong Q1 results and a bullish outlook.

  • The move is driven by accelerating product revenue growth and management’s decision to raise fiscal 2027 guidance.
  • Investor enthusiasm remains high regarding Snowflake’s strategic focus on AI workloads and data cloud expansion.
  • Positive sentiment is further supported by a modestly higher broader market, reinforcing the stock's post-earnings momentum.