10 AI Stocks Analysts Say You Shouldn’t Ignore

5. Snowflake Inc. (NYSE:SNOW)

Number of Hedge Fund Holders: 100

Snowflake Inc. (NYSE:SNOW) is one of the 10 AI Stocks Analysts Say You Shouldn’t Ignore. On August 25, DA Davidson analyst Gil Luria reiterated a Buy rating on the stock with a $250.00 price target ahead of the company’s second-quarter earnings on August 27th.

The firm regards Snowflake as one of its top picks in infrastructure software, particularly highlighting its core data warehouse Snowpark and AI/ML products.

“Ahead of Snowflake’s 2Q26 earnings this upcoming Wednesday, August 27, we are providing updated thoughts on what we continue to put as one of our top picks in infrastructure software. We’re seeing durable momentum across the core data warehouse, Snowpark, data engineering and AI/ML products, backed by what we’re hearing from our conversation with The DEN and our proprietary DaVinci Developer Dataset, which is seeing record developer activity across Snowflake. Given what we view as still one of the best stories in all of Software, we reiterate our BUY rating and $250 price target.”

Snowflake Inc. (NYSE:SNOW) is a cloud-based data storage company providing a data analysis, storage, and sharing platform.