Snowflake has been one of the hottest tech stocks for the past few months. The company continued its momentum in the second quarter with 103% year-on-year growth to $255 million in product revenues, reflecting strength in the company's consumption. In the second quarter, customer product and financial services revenue grew over 100% year-on-year, representing the most considerable contribution, while healthcare customer product revenue increased around 200% wich was truly fantastic. Moreover, th ....

08 Oct 2021
Snowflake Inc. - Invt Thesis, Financial & Price Forecasts, DCF Valuation- 10/21

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Snowflake Inc. - Invt Thesis, Financial & Price Forecasts, DCF Valuation- 10/21
Snowflake has been one of the hottest tech stocks for the past few months. The company continued its momentum in the second quarter with 103% year-on-year growth to $255 million in product revenues, reflecting strength in the company's consumption. In the second quarter, customer product and financial services revenue grew over 100% year-on-year, representing the most considerable contribution, while healthcare customer product revenue increased around 200% wich was truly fantastic. Moreover, th ....