Should You Buy, Sell, or Hold SNOW Stock Before Q1 Earnings Release?

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• Lower gross margins from new AI product investments are expected to hurt Snowflake in Q1 FY2027

  60% confidence

• Zacks Consensus Estimate for Snowflake Q1 FY2027 EPS is $0.32, steady over the past 30 days, indicating 33.33% year-over-year increase

  60% confidence

• Zacks Consensus Estimate for Snowflake Q1 FY2027 total revenues is $1.32 billion, indicating 26.85% year-over-year growth

  60% confidence

• Snowflake shares underperformed the Zacks Computer & Technology sector YTD (-21.5% vs +17.5%) but outperformed the Zacks Internet Software industry (-11.5%)

  60% confidence

• Zacks Consensus Estimate for Snowflake customers with trailing 12-month product revenues >$1M is 758, indicating 25.08% increase from year-ago quarter

  60% confidence

• Zacks Consensus Estimate for Snowflake Q1 FY2027 product revenues is $1.26 billion, indicating 26.88% year-over-year growth

  60% confidence

• Snowflake provided guidance for Q1 FY2027 product revenues of $1.262–$1.267 billion, representing approximately 27% year-over-year growth

  60% confidence

• Snowflake's Q1 FY2027 performance is expected to reflect expanding clientele driven by strong AI capabilities and a rich partner base

  60% confidence

• The Observe acquisition is expected to create a 150 basis point free cash flow headwind for Snowflake in Q1 FY2027

  60% confidence

• Snowflake beat the Zacks Consensus Estimate in all four trailing quarters with an average earnings surprise of 18.78%

  60% confidence

• Zacks Consensus Estimate for Snowflake total customers is 13,758, indicating an increase of 430 net new customers in Q1 FY2027

  60% confidence

Data points we hold from this source