Is Snowflake A Buy Amid CEO Change With Q1 Earnings Due?
Earnings for Snowflake stock are due May 20. The software maker hosts an investor day on June 4. Here is what technical and fundamental analysis says about buying SNOW stock.
Lower revenues owing to the adverse impact of rigid government regulations and macroeconomic headwinds hurt SOHU's first-quarter 2023 results.
The consensus price target hints at a 27.4% upside potential for Snowflake (SNOW). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
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