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Why Snowflake’s Earnings Beat Expectations Caused the Stock to Tumble
Market Intelligence Analysis
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Why This Matters
Snowflake's stock fell despite beating earnings expectations due to a slight slowdown in product revenue growth, which was below investor expectations.
Market Impact
Market impact analysis based on bearish sentiment with 79% confidence.
Sentiment
Bearish
AI Confidence
79%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Snowflake stock tumbled early Thursday after releasing earnings, and its another clear example that a “beat” isn’t always a beat. Product revenue rose 29% year-over-year in the quarter to $1.16 billion versus estimates of $1.13 billion, but that is a slight slowdown from the 32% year-over-year growth in the last quarter. Expectations were also high heading into Snowflake’s earnings report, with shares up 72% this year, and product revenue growth was likely a percentage point below investor expectations, according to KeyBanc analyst Eric Heath.
Original article published by
Unknown
on December 4, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.