NEW YORK / LONDON (IT BOLTWISE) – Snowflake shares rose 2.7 percent in the afternoon to reach $259.89. Despite the challenges of the past year, the company is optimistic about future developments.
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Snowflake shares rose a notable 2.7 percent in New York trading, reaching $259.89. This development comes at a time when the company continues to face the challenges of a volatile market. However, the share price increase shows investors’ confidence in Snowflake’s long-term prospects, especially given the growing importance of cloud computing solutions.
Compared to the 52-week high of USD 280.48, which was reached on November 4, 2025, the current price of the share is still 7.92 percent lower. Still, the stock has recovered significantly since its 52-week low of $120.23 on April 8, 2025. This recovery reflects positive market sentiment supported by Snowflake’s continued innovation and strategic focus on the cloud market.
In the most recent quarter ended July 31, 2025, Snowflake presented EPS of -$0.89 per share, an improvement from the previous year when EPS was -$0.95. Revenue rose to $1.14 billion, compared to $868.82 million in the year-ago period. These figures illustrate the progress the company has made despite the challenges in the market environment.
Experts predict that Snowflake will earn $1.20 per share in 2026. This optimistic outlook is based on the assumption that the company will continue to benefit from increasing demand for cloud services. The upcoming release of Q3 2026 results on December 3, 2025 is highly anticipated as it could provide further insight into Snowflake’s financial health and strategic direction.
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