$Snowflake(SNOW)$ Snowflake is scheduled to report its fiscal second-quarter 2027 financial results after the market closes. Institutional investors are watching closely to see if their native Cortex AI layer can drive a massive consumption beat and trigger a major technical breakout.
Here are the expected metrics they are looking for:
- EPS expectation: $0.45 adjusted earnings per share (reflecting a 28.5% increase YoY).
- Revenue Projection: $1.48 Billion (marking an estimated 28.7% growth year-over-year).
Other critical themes to track:
- Dollar-Based Net Revenue Retention (NRR) rate stabilizing within the 125% to 127% benchmark range.
- The total count of large enterprise clients spending over $1 million expanding past the 510-customer baseline.
- Management's full-year product revenue guidance and whether it gets upgraded toward $5.55 billion.
Trading near a consolidated ~$314 baseline after a strong ~45% year-to-date recovery, Snowflake commands a premium growth multiple.
The stock has significant upside possibility toward its $345.00 analyst target if management delivers a clear "beat and raise" on AI software consumption, while downside risk is protected by a strong forward backlog of $9.21 billion in remaining performance obligations (RPO).
Last ER, Snowflake was seen with an explosive rise, can it replicate that today? The results Snowflake will release can bring in benefits for the software industry as well. Definitely the one to watch.
$Microsoft(MSFT)$ - $Salesforce.com(CRM)$ - $ServiceNow(NOW)$
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