Stock Track | Snowflake Stock Plunges 5.24% Amid Concerns Over Expensive Valuation Despite AI Tailwinds

Stock Track

Feb 03, 2025

Snowflake Inc. (SNOW) saw its stock price plunge 5.24% on Sunday's intraday trading session, with investors likely taking profits after the company's strong rally in recent months.

The cloud data platform provider's shares have surged over 60% in the past three months, fueled by the growing adoption of its artificial intelligence (AI) tools and solid fiscal Q3 2025 earnings results. However, the stock's valuation has become stretched, raising concerns among investors about its potential for further upside.

Despite Snowflake's promising growth prospects, driven by its AI solutions and expanding total addressable market, the company's current valuation multiples are significantly higher than industry averages. Trading at 17 times sales and a forward earnings multiple of 197, Snowflake's stock is considered expensive by many analysts, especially considering the expected dip in earnings for the fiscal year 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1189630079"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1189630079\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1189630079?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-03 09:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1189630079","market":"hk","top_or_hot":-1,"title":"Stock Track | Snowflake Stock Plunges 5.24% Amid Concerns Over Expensive Valuation Despite AI Tailwinds","media":"Stock Track","content":"<p>Snowflake Inc. (SNOW) saw its stock price plunge 5.24% on Sunday's intraday trading session, with investors likely taking profits after the company's strong rally in recent months.</p>\n\n<p>The cloud data platform provider's shares have surged over 60% in the past three months, fueled by the growing adoption of its artificial intelligence (AI) tools and solid fiscal Q3 2025 earnings results. However, the stock's valuation has become stretched, raising concerns among investors about its potential for further upside.</p>\n\n<p>Despite Snowflake's promising growth prospects, driven by its AI solutions and expanding total addressable market, the company's current valuation multiples are significantly higher than industry averages. Trading at 17 times sales and a forward earnings multiple of 197, Snowflake's stock is considered expensive by many analysts, especially considering the expected dip in earnings for the fiscal year 2025.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Snowflake Stock Plunges 5.24% Amid Concerns Over Expensive Valuation Despite AI Tailwinds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Snowflake Stock Plunges 5.24% Amid Concerns Over Expensive Valuation Despite AI Tailwinds\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-03 09:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Snowflake Inc. (SNOW) saw its stock price plunge 5.24% on Sunday's intraday trading session, with investors likely taking profits after the company's strong rally in recent months.</p>\n\n<p>The cloud data platform provider's shares have surged over 60% in the past three months, fueled by the growing adoption of its artificial intelligence (AI) tools and solid fiscal Q3 2025 earnings results. However, the stock's valuation has become stretched, raising concerns among investors about its potential for further upside.</p>\n\n<p>Despite Snowflake's promising growth prospects, driven by its AI solutions and expanding total addressable market, the company's current valuation multiples are significantly higher than industry averages. Trading at 17 times sales and a forward earnings multiple of 197, Snowflake's stock is considered expensive by many analysts, especially considering the expected dip in earnings for the fiscal year 2025.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNOW","symbol_name":"Snowflake","start_time":0,"source_url":"","article_id":"1189630079","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1189630079","pubTimestamp":1738545260,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Snowflake Inc.  saw its stock price plunge 5.24% on Sunday's intraday trading session, with investors likely taking profits after the company's strong rally in recent months.The cloud data platform provider's shares have surged over 60% in the past three months, fueled by the growing adoption of its artificial intelligence  tools and solid fiscal Q3 2025 earnings results. However, the stock's valuation has become stretched, raising concerns among investors about its potential for further upside.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNOW":"Snowflake"},"translate_title":"尽管人工智能顺风车，但由于对估值昂贵的担忧，Snowflake股价暴跌5.24%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNOW":1},"content_text":"Snowflake Inc. (SNOW) saw its stock price plunge 5.24% on Sunday's intraday trading session, with investors likely taking profits after the company's strong rally in recent months.\nThe cloud data platform provider's shares have surged over 60% in the past three months, fueled by the growing adoption of its artificial intelligence (AI) tools and solid fiscal Q3 2025 earnings results. However, the stock's valuation has become stretched, raising concerns among investors about its potential for further upside.\nDespite Snowflake's promising growth prospects, driven by its AI solutions and expanding total addressable market, the company's current valuation multiples are significantly higher than industry averages. Trading at 17 times sales and a forward earnings multiple of 197, Snowflake's stock is considered expensive by many analysts, especially considering the expected dip in earnings for the fiscal year 2025.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}