AI Product Rollout Might Change The Case For Investing In Snowflake (SNOW)
Snowflake reported product revenue of US$1.49b last quarter with 37% growth and raised its fiscal 2027 product revenue outlook to US$6.07b, while outlining a path toward GAAP profitability in Q4 fiscal 2028 and rolling out extensive AI agents, governance tools, and real-time data automation features across CoCo, CoWork, and Cortex. The combination of higher guidance, detailed AI agent capabilities, and partnerships such as Oracle Cloud Infrastructure, ZoomInfo, and USA Cycling indicates that...
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