Snowflake (SNOW) Stock Analysis: Buy The Dip In Snow Stock?
Snowflake (SNOW) Stock Analysis: Buy The Dip In Snow Stock?

Snowflake (SNOW) Stock Analysis: Buy The Dip In Snow Stock?

Kamene Goro

12 min
Business & Finance
Lire

Description

<p>Last week Snowflake (#SNOW) announced their Q4 earnings and missed on EPS but beat on revenue. The company reported GAAP EPS of -$0.70 (miss by $0.26) and revenue of $190.4M (117.4% Y/Y).</p> <p>Many investors were disappointed by the total net income loss that #Snowflake reported and sold their position. Last year the data-cloud company IPOd and opened at $245 per share. Shares then rocketed up to $429 over the following months, but are now trading below IPO price at $230. Is now the time for investors to buy the dip in Snowflake?</p>

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hannah.wave

hannah.wave

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