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Snowflake Inc. (SNOW) stock spiked after the company reported strong revenue growth on August 27 for the Q2 FY26 period, ending July 27. The stock is up +19% in the past two days.
SNOW closed at $238.66, up from $200.39 on Aug. 27 before the results were released. My target price is now $337.47, or +41.4% higher. This article will show why.