Snowflake (SNOW): William Blair Reiterates Buy on Strengthening Competitive Edge After Product Enhancements

Snowflake Inc. (NYSE:SNOW) is the first stock on our list of the most fantastic stocks every investor should pay attention to. The company is a leading player in the data infrastructure space and has seen a very strong performance year-to-date (~+76%).

On November 4, Jason Ader, an analyst at William Blair, reaffirmed his Buy rating on the stock without assigning any price target. His affirmation came after the company introduced several advancements at its “Build” Developer Conference 2025, which left the analyst impressed.

Snowflake (SNOW): William Blair Reiterates Buy on Strengthening Competitive Edge After Product Enhancements

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Among the prominent highlights noted by Ader was the official full release (general availability) of the company’s Snowflake Intelligence agentic application. The analyst highlighted that innovations like these not only solidify Snowflake Inc.’s (NYSE:SNOW) competitive positioning in the data analytics space but also help it expand its scale and provide the fuel for future growth. Moreover, he noted that the introduction of Snowflake Intelligence has already seen encouraging early adoption.

Ader’s optimistic view is also underpinned by Snowflake Inc.’s (NYSE:SNOW) ambition to become a leader in enterprise data management, and the company’s investments in areas like customizable AI agents appear prudent in that direction.

In another positive development, Snowflake and SAP SE (NYSE:SAP) announced a partnership on November 4, aimed at helping businesses connect and utilize their data more effectively. This collaboration will enable organizations to combine the capabilities of Snowflake’s AI Data Cloud with SAP’s Business Data Cloud (BDC) platforms by integrating them. As part of the deal, Snowflake’s data and AI platform will be offered as a solution extension for SAP BDC customers.

Christian Kleinerman, EVP of Product at Snowflake, believes that this collaboration will help the organizations speed up innovation. He further added:

“By tightly integrating SAP and Snowflake, we’re making it simple for enterprises to connect their critical business data with its rich context in SAP with the power of seamless AI app and data agent development at scale in Snowflake. Enterprises can now innovate faster with Snowflake and SAP BDC and seamlessly share data between the platforms —zero-copy and fully governed.”

Snowflake Inc. (NYSE:SNOW) provides a cloud-based data platform that helps organisations store, manage, and share data across multiple public clouds. Its architecture separates compute from storage, allowing customers to scale workloads as needed.

While we acknowledge the risk and potential of SNOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SNOW and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.