TD Cowen Keeps Buy Rating on Snowflake (SNOW) Ahead of Q1 Results

Snowflake Inc. (NYSE:SNOW) is one of the 12 Best Revenue Growth Stocks to Buy According to Wall Street Analysts. On May 22, TD Cowen reaffirmed its Buy rating on Snowflake Inc. (NYSE:SNOW) with a price target of $255 on the stock.

The research firm said discussions with partners pointed to a strong quarterly performance and improved outlooks for the company. TD Cowen said growth drivers include core cloud data warehouse consumption, competitive migrations, and increasing adoption of Snowpark and machine learning. The firm also highlighted emerging AI adoption as another factor supporting Snowflake Inc.’s (NYSE:SNOW) momentum.

TD Cowen Keeps Buy Rating on Snowflake (SNOW) Ahead of Q1 Results

According to TD Cowen, the company is expected to deliver a stronger upside compared to the previous two quarters and there is potential for another quarter of growth acceleration. The firm added that it expects to hear more about the benefits of consumption velocity from CoCo.

Snowflake Inc. (NYSE:SNOW) is scheduled to release its financial results for the first quarter of fiscal year 2027, which ended April 30, 2026, after the close of the US markets on May 27, 2026.

Snowflake Inc. (NYSE:SNOW) is an American cloud-based data platform company. It offers an AI Data Cloud platform, which enables organizations to build, use, and share data, applications, and AI.

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