Looks Cold, Isn't.

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Snowflake Q1 FY1/25 Earnings Analysis

As everyone knows, the dearly departed Frank Slootman Esq was the Savior Of Enterprise Software and once he walked, SNOW was doomed. Right?

Well, we said not. We said that a new CEO, any new CEO, usually has a big ole point to prove, and we said that with the new guy taking the reins at Snowflake, we might expect good things to follow.

They just did. Nothing to set the world alight yet, but the fact is that revenue growth accelerated for the first time since October 2021, and RPO (order book) growth is the highest in over a year. So something good is afoot.

Below you can see the headline financials, then for members only, we go deeper into the numbers, we look at the stock chart, our rating and price target.

Snowflake Headline Financials