NEW YORK / LONDON (IT BOLTWISE) – Snowflake shares are appearing in a positive light Thursday afternoon after rising 2.5 percent in the New York trading session. The price reached an intraday high of $247.88, indicating strong performance from the company. Analysts see the 31.78 percent increase in sales in the last quarter as a key driver for this upward trend.
Today’s daily deals at Amazon! ˗ˋˏ$ˎˊ˗
Snowflake shares rose 2.5 percent in the New York trading session on Thursday afternoon, reaching a value of $247.60. This represents a significant improvement compared to the start of trading, when the price was still at USD 243.60. The daily high was marked at $247.88, reflecting investor confidence in the company’s latest results.
A key factor in the price increase is the impressive increase in sales of 31.78 percent in the last quarter. Snowflake posted revenue of $1.14 billion, a significant improvement from last year’s $868.82 million. This development shows that the company was able to further consolidate its market position.
Although the company reported a loss of -$0.89 per share in the last quarter, this still represents an improvement from the previous year’s loss of -$0.95 per share. Analysts are forecasting positive EPS averaging $1.20 per share in 2026, indicating a sustained recovery.
The current share price is approaching the 52-week high of $255.00 reached on October 11, 2025. With a further increase of 2.99 percent, this high could be reached again. Investors are looking forward to the publication of the Q3 2026 key figures on November 26, 2025, which will provide further information about the company’s financial development.
*Order an Amazon credit card with no annual fee with a credit limit of 2,000 euros! a‿z
Bestseller No. 1 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 2 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 3 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 4 ᵃ⤻ᶻ «KI Gadgets»
Bestseller No. 5 ᵃ⤻ᶻ “KI Gadgets”
Please send any additions and information to the editorial team by email to de-info[at]it-boltwise.de. Since we cannot rule out AI hallucinations, which rarely occur with AI-generated news and content, we ask you to contact us via email and inform us in the event of false statements or misinformation. Please don’t forget to include the article headline in the email: “Snowflake share: upward trend thanks to strong quarterly figures”.
The post Snowflake shares: upward trend thanks to strong quarterly figures appeared first on Veritas News.
