Snowflake is seeing selling pressure in FY 2024 despite the cloud platform seeing strong top line growth and a 1 PP revenue acceleration in FQ1'25. The company's net losses are a concern, but free ...

Snowflake's fundamentals and long-term growth potential are now fully recognized, with the stock rallying over 70% since April lows. Valuation has become stretched, trading at a 134x forward profit ...