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BTCC / BTCC Square / Global Cryptocurrency /
Snowflake Surpasses Q1 Estimates, Sparks Wall Street Rally

Snowflake Surpasses Q1 Estimates, Sparks Wall Street Rally

Author:
Global Cryptocurrency
Published:
2025-05-22 12:47:02
21
3

Snowflake’s robust Q1 performance has reignited investor confidence in cloud infrastructure plays. The data warehousing specialist posted $0.26 adjusted EPS, handily beating the $0.21 consensus, while revenue climbed 25.5% to $1.04 billion against $1.01 billion expectations.

The company’s upward revision of FY26 product revenue guidance to $4.325 billion suggests sustained momentum in enterprise cloud adoption. Market response was immediate, with shares jumping 10% in pre-market trading as analysts across Wall Street lifted price targets.

|Square

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