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Dec 4, 2025 12:20 PM

These Analysts Raise Their Forecasts On Snowflake After Q3 Results

Snowflake Inc (NYSE:SNOW) posted upbeat quarterly results on Wednesday.

Snowflake delivered third-quarter revenue of $1.21 billion, beating analyst estimates of $1.18 billion, according to Benzinga Pro. The AI data cloud company reported adjusted earnings of 35 cents per share for the period, beating analyst estimates of 31 cents per share.

"Snowflake is the cornerstone for our customers' data and AI strategies, driving real business impact at scale. Snowflake Intelligence, our enterprise AI agent, saw the fastest adoption ramp in Snowflake history and is transforming how businesses interact with their data, delivering real-time, actionable intelligence," said Sridhar Ramaswamy, CEO of Snowflake.

Snowflake expects fourth-quarter product revenue in the range of $1.195 billion to $1.20 billion, up approximately 27% year-over-year. The company noted that it expects adjusted operating margin of 7% ...