$Snowflake(SNOW)$ Everyone nee

2024-08-21

$Snowflake(SNOW)$ Everyone needs to realize and clearly understand that Snow is currently sitting very close to its IPO price of $120, four years back, and at that time it was the largest software IPO ever in the history, opening at a premium of 111%

In the first year the company clocked a revenue of $265M and in 4 years the revenue has grown by 600%, close to $3B

For a company of this size to continue growing at +35% annually is huge.

Profitability is a concern, but not a huge red flag.

With a proper guidance over the next 2 quarters, we will likely see this crossing $200 by the year end.

Do your math and take your decisions. [Happy][Happy][Happy]

Earnings & Estimates

Earnings season is here. What's in focus?

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