Billionaire Michael Platt’s 10 Stock Picks with Huge Upside Potential

8. Snowflake Inc. (NYSE:SNOW)

BlueCrest Capital Management’s Q4 Stake: $1.42 million

Upside Potential as of April 29: 28.09%

Number of Hedge Fund Holders: 85

Snowflake Inc. (NYSE:SNOW) is an American cloud-based data storage company that operates a platform built on Amazon Web Services, Microsoft Azure, and Google Cloud. This platform allows for data analysis and simultaneous access to extensive data sets with low latency. It also provides Snowflake Cortex with a set of AI capabilities that employ large language models to analyze unstructured data.

Snowflake Inc. (NYSE:SNOW) reported better-than-expected fourth-quarter fiscal 2025 results, with earnings per share of $0.30 and revenues up 27% year-over-year to $986.8 million. The company predicts revenues of $955 million to $960 million in the first quarter of 2026, reflecting a 21% to 22% jump.

On April 16, BTIG analyst Gray Powell reiterated his Buy rating on Snowflake Inc. (NYSE:SNOW) and set a steady price target of $220 on the company’s shares. Powell’s confidence stems from a group pre-quiet period call with Snowflake’s Investor Relations team, during which they addressed the company’s strategic position and future. Powell also highlighted Snowflake’s innovative products, such as Snowpark, Iceberg Tables, and Dynamic Tables, which are projected to drive increased demand in fiscal year 2026.