Zacks Investment Research
16 Sept 2026, 16:50 UTC · 1h ago
Verdict
Headline takes no side. We score SNOW +0.80 across four claims — strongly bullish.
+0.80strongly bullish
More positive than 87% of ticker scores this week
What the story claims
4 claims · scored −1 bearish … +1 bullish · 0 new · 4 priced in
Snowflake's product revenues rose 37% year over year to $1.49 billion in the second quarter of fiscal 2027.
Priced inanalysis of Q2 results reported earlier
So whatSince product revenue is 96% of total sales, any slippage in this segment would immediately jeopardize the FY2027 top-line guidance.
More positive than 91% of claims this week
Snowflake added 692 net new customers in Q2 fiscal 2027, representing a 32% year-over-year increase in net additions.
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Scored by the NIS engine · methodology.
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Priced inanalysis of Q2 results reported earlier
So whatThe acceleration in customer acquisition suggests a broadening TAM that could support a higher valuation multiple in the next print.
More positive than 77% of claims this week
Snowflake's CoCo AI offering surpassed 9,100 accounts in Q2 fiscal 2027 after adding more than 2,000 during the quarter.
Priced inanalysis of Q2 results reported earlier
So whatAdding ~22% of its current CoCo user base in one quarter indicates rapid early-stage scaling for the product.
More positive than 65% of claims this week
Snowflake now has 828 customers generating more than $1 million in trailing 12-month product revenues, a 27% year-over-year increase.
Priced inanalysis of Q2 results reported earlier
More positive than 65% of claims this week
Which stocks this story touches
More positive than 87% of ticker scores this week
Reports strong product revenue growth, increasing customer acquisition, and successful adoption of its AI portfolio.
More positive than 53% of ticker scores this week
Mentioned as a major player expanding generative AI across its products, though specific performance data is less detailed than Snowflake's.
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Zacks Investment Research
2h ago
+3.1%
Price agrees with the score
$333.10 vs $322.98 close before publication (Sep 15) · not market-adjusted
SNOW chart →
