Snowflake Likely To Report Lower Q1 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Snowflake Inc. (NYSE:SNOW) is expected to report lower Q1 earnings of 5 cents per share, down from 8 cents per share a year ago, with revenues of $608.36 million. Analysts have recently adjusted their price targets for the stock, with varying accuracy rates.
May 24, 2023 | 12:11 pm
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Snowflake is expected to report lower Q1 earnings, which may impact its stock price. Analysts have recently adjusted their price targets for the stock, with varying accuracy rates.
The expected lower Q1 earnings for Snowflake may negatively impact its stock price in the short term. Additionally, the recent adjustments in price targets by analysts with varying accuracy rates add uncertainty to the stock's performance.
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