SnowflakeSNOW
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Snowflake (SNOW) shares drop 6.35% to $335.06 amid market sell-off
Snowflake's stock declined by 6.35% to $335.06 on October 14, 2026, following a broader market sell-off. The decline was influenced by a significant drop in major indices, including the Nasdaq, S&P 500, and Dow. Despite the pullback, SNOW remains well above its 52-week low of $118.30.
Previous briefings
Snowflake's stock declines 0.7% to $357.76 amid AI-focused developments
In the past 24 hours, Snowflake's stock experienced a slight decline of 0.7%, closing at $357.76. This movement coincided with the company's emphasis on AI advancements and trust at the Snowflake World Tour London event. While the focus on AI and security is positive, the stock's minor dip suggests market caution.
Snowflake's stock declines 2.3% to $360.37 amid AI trust focus at London event
Snowflake's stock experienced a 2.3% decline to $360.37 following the company's emphasis on AI trust and security at the London World Tour event. Chief Security & Trust Officer Mayank Uphadyay highlighted the importance of robust security measures to foster AI adoption, addressing both external threats and internal AI agent behaviors. The Trust Center tool was showcased as a means to establish security controls and provide visibility across AI systems.
Snowflake's (SNOW) stock rises 16.5% after strong Q2 earnings and raised guidance
Snowflake's stock surged 16.5% following the release of its fiscal Q2 2027 earnings report, which exceeded expectations and included an upward revision of full-year guidance. The company reported a 37% year-over-year growth in product revenue and a net revenue retention rate of 126%, indicating strong customer retention and expansion. Additionally, Snowflake's AI coding agent, CoCo, saw significant adoption, reaching approximately 9,100 accounts, up about 2,000 in the quarter.
Snowflake's AI Marketplace Discovery boosts stock by 6% amid software rebound.
Snowflake's recent launch of Agentic Marketplace Discovery in public preview has led to a 6% increase in its stock price, aligning with a broader rebound in software stocks. This development underscores Snowflake's commitment to enhancing AI-driven workflows and expanding its AI capabilities.
Snowflake's Agentic Marketplace Discovery boosts stock by 4.1%
Snowflake's introduction of Agentic Marketplace Discovery in public preview has led to a 4.1% increase in its stock price. This new feature enhances AI-driven workflow capabilities, aligning with the company's strategic focus on AI integration.
Snowflake's $3.5B Convertible Notes Offering Raises Dilution Concerns
In the past 24 hours, Snowflake Inc. announced a $3.5 billion private placement of zero-coupon convertible senior notes, comprising $1.3 billion due in 2029 and $2.2 billion due in 2031. This move has raised investor concerns about potential future share dilution, leading to a pre-market stock decline of approximately 5%.
Snowflake's $3.75B Convertible Notes Offering Pressures Stock Price
In the past 24 hours, Snowflake Inc. (NYSE: SNOW) announced a $3.75 billion convertible notes offering, leading to a decline in its stock price. The offering consists of $2.0 billion due in 2029 and $1.75 billion due in 2031, with initial conversion prices set at approximately $500.38 per share, representing a 52.5% premium to the last reported sale price. This move has raised concerns among investors about potential future share dilution.
Snowflake urges businesses to embrace AI at London World Tour event.
At the Snowflake World Tour London event, attended by over 5,000 participants, the company urged businesses to fully embrace artificial intelligence (AI) and move towards the "agentic enterprise." Jimmy Hall, Snowflake's VP for the UK and Ireland, emphasized that companies are transitioning from experimenting with AI to deploying it at scale, and that standing still is now the biggest risk. However, successful implementation requires a solid data foundation, as noted by Snowflake executives, including EVP of Product Christian Kleinerman, who dispelled myths that AI can function effectively without quality data. Kate Dohaney, CEO of giffgaff, shared her company’s journey towards optimizing data usage and automating business processes using Snowflake's tools. Kleinerman also outlined a framework involving AI models, software, apps, enterprise data, and context, unified by an "agentic control plane," as critical for AI success. Hall concluded by emphasizing the need for companies to modernize their data infrastructure, make it AI-ready, and drive autonomous action with AI to remain competitive in this transformative era.
Snowflake (SNOW) upsizes convertible note offering to $3.75 billion.
Snowflake Inc. has increased its private placement of 0.00% convertible senior notes to $3.75 billion, up from the previously announced $3.5 billion. The offering includes $2.0 billion due in 2029 and $1.75 billion due in 2031, with the sale expected to close on October 1, 2026.
Snowflake (SNOW) stock declines 4% after $3.5 billion convertible debt offering
In the past 24 hours, Snowflake Inc. announced a $3.5 billion convertible debt offering, leading to a 4% decline in its stock price. The offering comprises $1.3 billion in notes due in 2029 and $2.2 billion due in 2031, raising concerns about potential share dilution among investors. Despite this, Snowflake has implemented capped call transactions to mitigate dilution effects.
Snowflake's (SNOW) stock declines 4% after $3.5 billion convertible debt offering.
In the past 24 hours, Snowflake announced a $3.5 billion convertible debt offering, leading to a 4% decline in its stock price. Investors are concerned about potential future share dilution resulting from this move. The company intends to use the proceeds for balance-sheet optimization and general corporate purposes.
Snowflake (SNOW) announces $3.75B convertible note offering, shares dip 5%.
Snowflake's announcement of a $3.75 billion convertible note offering has raised concerns about potential dilution, leading to a 5% drop in share price. The company plans to use the proceeds to strengthen its AI and data-cloud capabilities and repurchase existing convertible notes. To mitigate dilution, Snowflake has entered into capped call transactions.
Snowflake Inc. (SNOW) prices $3.75 billion convertible notes offering
Snowflake Inc. has announced the pricing of a $3.75 billion convertible notes offering, comprising $2.0 billion due in 2029 and $1.75 billion due in 2031. The company plans to use the net proceeds for capped-call transactions, repurchasing a portion of its 2027 notes, and general corporate purposes, including stock repurchases and strategic investments. The offering is expected to close on October 1, 2026.
Snowflake (SNOW) shares drop 4% after announcing $3.5B convertible debt offering.
Snowflake's stock declined by 4% following the announcement of a $3.5 billion convertible debt offering, raising concerns about potential share dilution. The offering comprises $1.3 billion in notes due in 2029 and $2.2 billion due in 2031, with options for additional purchases. While the company plans to use proceeds for strategic initiatives, investors are apprehensive about the impact on existing shareholders.
Snowflake's stock surges 22.3% after strong Q2 2026 earnings report.
Snowflake Inc. (NYSE: SNOW) reported robust fiscal Q2 2026 earnings, with revenue reaching $1.55 billion—a 35.1% year-over-year increase—and adjusted earnings per share (EPS) of $0.62, surpassing analyst expectations of $0.45. The company also raised its full-year product revenue guidance to approximately $6.07 billion, up from the previous $5.84 billion, citing accelerating demand from AI workloads. Following the announcement, Snowflake's stock price surged 22.3%, reclaiming its 200-day moving average and signaling a positive shift in market sentiment.
Snowflake (SNOW) stock declines 0.2% amid insider selling and profit-taking.
In the past 24 hours, Snowflake's stock experienced a slight decline of 0.2%, closing at $334.24. This movement was influenced by recent insider selling activities and potential profit-taking by investors.
Snowflake's AI-driven growth propels stock to new heights, surpassing $400.
In the past 24 hours, Snowflake's stock has surged over 10%, breaking the $400 mark, following the announcement of its AI-focused product, CoCo. The company reported a 37% year-over-year increase in product revenue, with AI workloads contributing significantly to this growth. Analysts have responded positively, raising price targets and maintaining bullish ratings.
Snowflake director Frank Slootman sells $100.3 million in stock on September 18 and 21.
Frank Slootman, a director at Snowflake Inc., sold 300,000 shares of the company's stock for approximately $100.3 million on September 18 and 21, 2026. These transactions were executed under a pre-arranged 10b5-1 trading plan, with share prices ranging from $329.54 to $339.34. Concurrently, Slootman exercised stock options to acquire an equal number of shares at an exercise price of $8.88 per share.
Snowflake's (SNOW) stock surges 17% following strong Q2 earnings and AI-driven growth
Snowflake's stock experienced a significant 17% increase after reporting robust fiscal second-quarter results, with revenue rising 35% year-over-year to $1.55 billion and adjusted earnings per share of $0.62, surpassing analyst expectations. The company's AI initiatives, particularly the CoCo coding agent and CoWork enterprise chatbot, have been pivotal in driving this growth, with CoCo surpassing 9,100 accounts and CoWork expanding to 5,800 accounts. Management raised its full-year product revenue guidance to $6.07 billion, reflecting strong demand for AI workloads.
Snowflake's (SNOW) stock surges 17% after strong Q2 earnings and AI-driven growth
Snowflake's stock experienced a significant 17% increase following the release of its fiscal second-quarter earnings, which exceeded analyst expectations. The company's product revenue grew by 37% year-over-year to $1.49 billion, and adjusted earnings per share were $0.62, surpassing the anticipated $0.45. CEO Sridhar Ramaswamy highlighted that AI-related demand contributed approximately half of the growth acceleration, with AI products like Cortex Code and CoWork expanding rapidly.
Snowflake's (SNOW) stock surges 20% after strong Q2 earnings and AI-driven growth
Snowflake Inc. reported robust fiscal second-quarter results, with revenue reaching $1.55 billion—a 35% year-over-year increase—and adjusted earnings per share of $0.62, surpassing analyst expectations of $0.45. The company also raised its full-year product revenue guidance to approximately $6.07 billion, driven by strong demand for its AI products, particularly the CoCo AI coding agent, which now has over 9,100 accounts.
Snowflake's (SNOW) stock surges 21% to $370.25 after strong Q2 earnings and raised guidance.
Snowflake's stock experienced a significant 21% increase, reaching $370.25, following the release of its fiscal second-quarter results, which exceeded analyst expectations. The company reported a 37% year-over-year growth in product revenue, totaling $1.49 billion, and raised its full-year product revenue guidance to $6.07 billion, indicating strong demand and positive market sentiment.
Snowflake's (SNOW) stock jumps 20% after strong Q2 earnings and AI-driven growth
Snowflake's stock surged approximately 20% following the release of its fiscal Q2 2027 earnings report, which exceeded expectations. The company's product revenue grew by 37% year-over-year, driven in part by increased adoption of its AI coding agent, CoCo. Additionally, Snowflake raised its full-year product revenue guidance to $6.07 billion, reflecting strong demand for its cloud data platform.
Snowflake's AI-driven growth propels shares up 23%, raising fiscal 2027 revenue forecast
Snowflake's recent earnings report highlights strong AI-driven growth, leading to a 23% surge in share price and an increased fiscal 2027 revenue forecast to $6.07 billion. The company's AI offerings, including Cortex Code and CoWork, have significantly contributed to this momentum.
Snowflake's Q2 earnings beat expectations, stock surges 22% in after-hours trading.
Snowflake Inc. (SNOW) reported strong fiscal Q2 2027 results, with revenue of $1.55 billion, a 35% year-over-year increase, and adjusted earnings per share (EPS) of $0.62, surpassing analyst expectations of $0.45. The company also raised its full-year product revenue guidance to $6.07 billion from $5.84 billion. The stock surged 22% in after-hours trading following the announcement.
Snowflake's (SNOW) stock surges 16.55% to $356.47 after strong Q2 earnings and raised guidance.
Snowflake's (SNOW) stock experienced a significant 16.55% increase, closing at $356.47, following the release of its fiscal Q2 2027 earnings report. The company reported a 35% year-over-year revenue growth to $1.55 billion and an adjusted EPS of $0.62, surpassing analyst expectations. Additionally, Snowflake raised its full-year product revenue guidance to $6.07 billion, driven by strong demand for its AI-driven products.
Snowflake's (SNOW) stock surges 22% after strong Q2 earnings and raised guidance.
Snowflake's stock experienced a significant 22% increase following the release of its fiscal Q2 2027 earnings report, which exceeded analyst expectations. The company reported a 35% year-over-year revenue growth to $1.55 billion and raised its full-year product revenue guidance to $6.07 billion, citing accelerating demand from AI workloads.
Snowflake's (SNOW) stock rises 16.6% after strong Q2 earnings and AI-driven growth
Snowflake's stock surged 16.6% following the release of its fiscal Q2 2027 earnings report, which exceeded analyst expectations. The company's product revenue grew 37% year-over-year, driven by robust demand for its AI products, leading to an upward revision of its full-year guidance.
Snowflake's (SNOW) stock surges 20% after strong Q2 earnings and AI-driven growth.
Snowflake's (SNOW) stock experienced a significant 20% increase following the release of its fiscal Q2 2027 earnings report, which showcased a 35% year-over-year revenue growth and a narrower net loss. The company's AI-driven products, CoCo and CoWork, have been pivotal in this growth, contributing to a 37% increase in product revenue. Additionally, Snowflake raised its full-year product revenue outlook, further bolstering investor confidence.
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