Snowflake to Report Earnings on September 2 as AI Agents Drive Data Surge

Published Aug 25, 06:00 PM UTC

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Snowflake (SNOW) is set to report its next quarterly earnings on September 2, 2026, with shares trading near a 52-week high, up 47% year-to-date. The rally is driven by enterprise AI agents that continuously consume compute credits on Snowflake's consumption-based platform, boosting revenue. Last quarter, product revenue grew 34% year-over-year to $1.334 billion, beating estimates. However, the stock trades at a high forward multiple of 169x, meaning a guidance raise is critical. Polymarket traders assign a 94.7% probability of an earnings beat. The article also notes an analyst who called NVIDIA in 2010 named his top 10 AI stocks, excluding Snowflake.

Source

Yahoo FinanceWestern

Original headline: Snowflake Stock Fans Should Prepare for September 2 as AI Agents Are Pouring More Data Into It

Original language: EN-US

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