Snowflake is trading at $380.50, up +24.41%, after fiscal Q2 2027 revenue reached $1.55 billion, beating expectations, while adjusted EPS was $0.62 versus $0.45 expected.
- Management raised full-year product-revenue guidance to $6.07 billion from $5.84 billion, citing accelerating AI product adoption.
- At least 22 brokerages raised price targets, reinforcing the strong earnings-driven reaction.