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SNOW

Snowflake Inc

BUY 2026-08-11 Data 12 days old USD 335.28 AWAIT ENTRY
ACTIONABLEMethodology gates passed
68

Position levels

Currenttoday
USD 335.28
Buy <=wait / entry
USD 270.00
Trim >=take some off
USD 370.00
Thesis breakThe investment thesis would be invalidated by a combination of product revenue g...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case33%100 / 10033.0
Base case54%62 / 10033.5
Bear case13%10 / 1001.3
Weighted conviction68 / 100 - BUY

Top risks

  • Snowflake and OpenAI $200 million multi-year partnership for co-innovation and joint GTM on AI models and agents
  • Intent to acquire Observe for AI-powered observability and recent acquisition of Natoma
  • Q1 FY2027 product revenue of $1.33 billion (34% YoY growth) with net revenue retention rate of 126%
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