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Snowflake shares surged while Salesforce and Marvell slipped after earnings, revealing what Wall Street may now want from AI companies: monetization.
Rosenblatt analyst Blair Abernethy maintains Snowflake (NYSE:SNOW) with a Buy and raises the price target from $275 to $285.
Wedbush analyst Daniel Ives maintains Snowflake (NYSE:SNOW) with a Outperform and raises the price target from $270 to $280.
B of A Securities analyst Bradley Sills maintains Snowflake (NYSE:SNOW) with a Buy and raises the price target from $205 to $300.
(Editor’s note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.) U.S. stock futures fell on Thursday after a higher close on Wednesday, as all indices ended marginally higher, but the small-cap index, the Russell 200, declined.
Snowflake (NYSE: SNOW) shares are trading higher Thursday after better-than-expected Q1 earnings and AWB pact to advance agentic AI adoption.
Benchmark analyst Yi Fu Lee maintains Snowflake (NYSE:SNOW) with a Buy and raises the price target from $200 to $270.
Needham analyst Mike Cikos maintains Snowflake (NYSE:SNOW) with a Buy and raises the price target from $200 to $300.
Datadog has surged nearly 66% in 2026 while Microsoft and Adobe remain deep in the red. JPMorgan still sees another 43% upside for the AI software stock
Snowflake Inc (NYSE:SNOW) reported strong Q1 results, with revenue of $1.39B, beating estimates. It also announced a partnership with AWS and expects 30% growth in Q2. Analysts maintain Buy ratings with price targets ranging from $280 to $300.