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MarketBeat

Thomas Hughes

Snowflake Breaks Out! Can It Drift Higher in 2025 and Beyond?

Snowflake SNOW MarketBeat Sridhar Ramaswamy

[content-module:CompanyOverview|NYSE:SNOW]

Snowflake’s (NYSE: SNOW) FQ1 2025 results and guidance update have laid to rest concerns raised by the sudden CEO change last year. The results reveal a game-changing shift, affirming the outlook for sustained 20%+ top-line growth over the long term, growth that will be coupled with widening margins.

The takeaway for investors is that the news and market reaction lifted the stock price by 10% within minutes, reclaiming a critical support level lost in February 2024 when Ramaswamy was appointed CEO, and higher highs are coming.

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