Snowflake Inc. Reports Strong Q2 2026 Earnings
Snowflake Inc. has announced its financial results for the second quarter of fiscal 2026, exceeding both sales and earnings expectations. The company’s stock price has reached a new 52-week high as a result.
Key Highlights
- Revenue and earnings per share (EPS) exceeded analyst estimates for the quarter
- The company’s stock price has increased by over 20% in recent days
- Analysts have raised their price targets on the stock
Analyst Sentiment
- Several analysts have increased their price targets on Snowflake Inc. stock
- Some analysts have predicted a strong growth potential for the company
Trading Activity
- Unusually large options have been purchased on the company’s stock
- Increased trading activity has been observed in recent days
Financial Results
- Revenue: exceeded analyst estimates
- Earnings per share (EPS): exceeded analyst estimates
- Outlook: raised by the company
