We came across a bullish thesis on Snowflake Inc. on Nikhs’s Substack. In this article, we will summarize the bulls’ thesis on SNOW. Snowflake Inc.'s share was trading at $234.77 as of December 4th. SNOW’s forward P/E was 166.67 according to Yahoo Finance.
Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. SNOW’s latest results were widely interpreted as another quarter of slowing growth, but the headline missed the underlying acceleration in the business. While product revenue rose 29% YoY, the far more...
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