Snowflake Stock Loses Steam After Earnings Beat

Market Intelligence Analysis

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Why This Matters

Snowflake's stock initially rose after beating earnings estimates but reversed course, indicating a possible sell-off despite strong financial performance.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Snowflake stock was falling, reversing an initial pop, after the company’s earnings beat Wall Street estimates. Snowflake posted fourth-quarter adjusted earnings of 32 cents a share on revenue of $1.28 billion. Analysts surveyed by FactSet had expected the vendor of data warehouse and cloud data management solutions to post adjusted earnings of 27 cents a share on revenue of $1.26 billion.

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Full article on Yahoo Finance
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Original article published by Yahoo Finance on February 26, 2026.
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