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2021-10-01

I use snowflake

Is Snowflake Stock A Buy? Data Analytics Specialist Rides Cloud Computing Wave<blockquote>雪花股票值得买入吗？数据分析专家乘着云计算浪潮</blockquote>

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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":864320633,"tweetId":"864320633","gmtCreate":1633059523584,"gmtModify":1633059524197,"author":{"id":3558920222538997,"idStr":"3558920222538997","authorId":3558920222538997,"authorIdStr":"3558920222538997","name":"不是那么好割的小韭菜","avatar":"https://static.tigerbbs.com/904e087829710bbff7692246e238149c","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":32,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","extraTitle":"","html":"<html><head></head><body>I use snowflake&nbsp;</body></html>","htmlText":"<html><head></head><body>I use snowflake&nbsp;</body></html>","text":"I use snowflake","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/864320633","repostId":1155834484,"repostType":4,"repost":{"id":"1155834484","kind":"news","pubTimestamp":1633047614,"share":"https://www.laohunote.com/m/news/1155834484?lang=zh_CN&edition=full","pubTime":"2021-10-01 08:20","market":"us","language":"en","title":"Is Snowflake Stock A Buy? Data Analytics Specialist Rides Cloud Computing Wave<blockquote>雪花股票值得买入吗？数据分析专家乘着云计算浪潮</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1155834484","media":"investors","summary":"Think of Snowflake stock as a proxy on the torrid growth of cloud computing giantsAmazon.com(AMZN),M","content":"Think of Snowflake stock as a proxy on the torrid growth of cloud computing giantsAmazon.com(AMZN),Microsoft(MSFT) andAlphabet's (GOOGL) Google.<blockquote>将雪花股票视为云计算巨头快速增长的代表亚马逊（亚马逊），微软（MSFT）和Alphabet（GOOGL）谷歌。</blockquote> Many companies are turning to cloud computing services as part of \"digital transformation\" projects that aim to gain business insights from crunching massive volumes of data. The cloud computing titans offer their own data analytics and management tools.<blockquote>许多公司正在转向云计算服务，作为“数字化转型”项目的一部分，这些项目旨在从处理大量数据中获得业务洞察力。云计算巨头提供自己的数据分析和管理工具。</blockquote> In a \"coopetition\" model, thecloud giantsgive their customers a green light to buySnowflake's (SNOW) software. The reason is Snowflake's tools are better at some key tasks, such as letting companies compile, view, analyze and share massive amounts of data in an easy way.<blockquote>在“合作竞争”模式下，云巨头为客户购买开绿灯雪花的（雪）软件。原因是Snowflake的工具在一些关键任务上表现更好，比如让公司以简单的方式编译、查看、分析和共享海量数据。</blockquote> Nearly two-fifths of Fortune 500 companies use Snowflake's software in the cloud as they move away from on-premise data warehousing products fromTeradata(TDC),Oracle(ORCL) andIBM(IBM).<blockquote>近五分之二的财富 500 强公司在云中使用 Snowflake 软件，因为它们正在逐步淘汰本地数据仓库产品。特拉达塔（贸发局），甲骨文（ORCL）和IBM（IBM）。</blockquote> One Snowflake customer is pharma giantPfizer(PFE). Pfizer uses Snowflake tools to forecast product sales and to gain insights into thedistribution of the Covid-19 vaccine.<blockquote>雪花客户之一是制药巨头辉瑞（PFE）。辉瑞使用雪花工具来预测产品销售，并深入了解新冠肺炎疫苗的分销情况。</blockquote> Snowflake Stock: Competition Increasing From Google Cloud?<blockquote>雪花股票：来自谷歌云的竞争加剧？</blockquote> Stellar customer growth enabled SNOW stock to pull off the largest initial public offering ever by a software company in September 2020. The IPO raised $3.4 billion.<blockquote>强劲的客户增长使 SNOW stock 于 2020 年 9 月完成了软件公司有史以来规模最大的首次公开募股。IPO筹集了34亿美元。</blockquote> But is Snowflake a buy right now? After a tough start to 2021, software growth stocks have rebounded. The iShares Expanded Tech-Software Sector ETF rose 5% in August, 3.4% in July and 8.7% in June.<blockquote>但是雪花现在值得购买吗？在经历了 2021 年的艰难开局后，软件成长型股票已经反弹。iShares 扩展科技软件行业 ETF 8 月份上涨 5%，7 月份上涨 3.4%，6 月份上涨 8.7%。</blockquote> Snowflake stock has out-performed the software sector since mid-May. It's up 13% in 2021.<blockquote>自五月中旬以来，雪花股票的表现一直优于软件板块。2021年增长13%。</blockquote> Snowflake stock hit an all-time high of 429 in early December last year. But SNOW stock swooned in late 2020 amid analyst concerns over its lofty valuation.<blockquote>去年 12 月初，雪花股票创下 429 点的历史新高。但由于分析师对其高估值的担忧，SNOW 股票在 2020 年底暴跌。</blockquote> At a June 10 analyst day, Snowflake laid out a path to $10 billion in product revenue by fiscal 2029, which coincides with calendar 2028. The $10 billion revenue target would result in a compound annual growth rate of 44%.<blockquote>在 6 月 10 日的分析师日上，Snowflake 制定了到 2029 财年实现 100 亿美元产品收入的路径，该财年与 2028 财年相吻合。100亿美元的收入目标将带来44%的复合年增长率。</blockquote> The company said it expects to increase the number of customers with over $1 million in product revenue. Snowflake also guided to long-term operating margin of 10%-plus, lower than some analysts expected.<blockquote>该公司表示，预计产品收入将超过 100 万美元，从而增加客户数量。Snowflake 还预计长期营业利润率将超过 10%，低于一些分析师的预期。</blockquote> Possible Threat From Amazon<blockquote>来自亚马逊的可能威胁</blockquote> Snowflake in July announced support for digital advertising standard Unified ID 2.0. Advertising is one of Snowflake's largest verticals with customers representing a large percentage of players in the space, noted a RBC Capital report. The move comes as Googlephases out internet cookies for targeted advertising.<blockquote>雪花在7月份宣布支持数字广告标准统一ID 2.0。加拿大皇家银行资本的一份报告指出，广告是雪花最大的垂直行业之一，客户在该领域占据了很大一部分。此举正值谷歌逐步淘汰用于定向广告的互联网cookies之际。</blockquote> Whether Amazon Web Services ratchets up competition remains a concern for SNOW stock. Plus, competition with privately held Databricks is heating up. A February funding roundvalued Databricks at $28 billion.<blockquote>亚马逊网络服务是否会加剧竞争仍然是 SNOW stock 关注的问题。此外，与私人持有的数据块的竞争正在白热化。2 月份的一笔融资使 Databricks 的估值达到 280 亿美元。</blockquote> Databricks, which usesartificial intelligence, is expected to launch its own IPO.Hewlett Packard Enterprise(HPE), with its GreenLake platform, is another rival.<blockquote>使用人工智能的Databricks预计将启动自己的IPO。慧与拥有 GreenLake 平台的 (HPE) 是另一个竞争对手。</blockquote> Snowflake stock bulls point to its seasoned management team as a strength no matter what unfolds.<blockquote>雪花股票的多头指出，无论发生什么，其经验丰富的管理团队都是一种优势。</blockquote> Two former Oracle engineers — Benoit Dageville and Thierry Cruanes — along with Marcin Zukowski, former chief executive of startup Vectorwise, started Snowflake in 2012. The company holds patents in database architecture, data warehouses and other areas.<blockquote>两名前甲骨文工程师——Benoit Dageville和Thierry Cruanes——以及初创公司Vectorwise的前首席执行官Marcin Zukowski于2012年创办了Snowflake。公司拥有数据库架构、数据仓库等领域的专利。</blockquote> SNOW Stock: ServiceNow Veterans Lead Company<blockquote>SNOW Stock：ServiceNow Veterans 牵头公司</blockquote> Snowflake brought inFrank Slootman as chief executive&nbsp;in May 2019. Slootman had stepped down as CEO of ServiceNow in early 2017. Former ServiceNow Chief Financial Officer Mike Scarpelli in 2019 also joined Snowflake in the same CFO position.<blockquote>Snowflake 于 2019 年 5 月任命 inFrank Slootman 为首席执行官。Slootman 已于 2017 年初辞去 ServiceNow 首席执行官一职。ServiceNow 前首席财务官 Mike Scarpelli 也于 2019 年加入 Snowflake，担任首席财务官一职。</blockquote> Unlike legacy, on-premise data management systems, Snowflake's platform was built from the ground up for cloud computing. It provides 100% of its software over the internet.<blockquote>与传统的本地数据管理系统不同，Snowflake的平台是为云计算从头开始构建的。它通过互联网提供100%的软件。</blockquote> Snowflake customers can share data with their partners across multiple online storage systems using the company's data warehouse. Snowflake also enables easily searchable data to be shared among applications.<blockquote>雪花客户可以使用公司的数据仓库，通过多个在线存储系统与合作伙伴共享数据。Snowflake还支持在应用程序之间共享易于搜索的数据。</blockquote> Snowflake's data analytics tools became available on Amazon Web Services in 2015, Microsoft's Azure in 2018 and on Google's cloud platform in 2020.<blockquote>雪花的数据分析工具于2015年在亚马逊网络服务上可用，2018年在微软的Azure上可用，2020年在谷歌云平台上可用。</blockquote> In June, Snowflake partnered withC3.ai(AI). The two companies will cooperate in offering artificial intelligence tools to companies.<blockquote>6月，雪花与C3.艾（人工智能）。两家公司将合作向企业提供人工智能工具。</blockquote> Amazon Web Services A 'Frenemy'<blockquote>亚马逊网络服务是“敌友”</blockquote> \"While Snowflake is multi-cloud, it derives some 85% of its revenues from data analytics jobs deployed on Amazon Web Services, which is also Snowflake's biggest rival with AWS Redshift,\" UBS analyst Karl Keirstead said in a recent note to clients.<blockquote>瑞银分析师 Karl Keirstead 在最近给客户的一份报告中表示：“虽然 Snowflake 是多云的，但其约 85% 的收入来自部署在亚马逊网络服务上的数据分析工作，亚马逊网络服务也是 Snowflake 与 AWS Redshift 的最大竞争对手。”</blockquote> \"This 'frenemy' relationship is critical to Snowflake's success,\" Keirstead went on to say. \"AWS benefits far more from Snowflake spending on compute and storage infrastructure resources than they lose in the form of foregone AWS Redshift revenues. Snowflake represents a dream customer and partner for AWS and Microsoft Azure.\"<blockquote>“这种‘敌友’关系对于雪花的成功至关重要，”基尔斯特德继续说道。“AWS 从 Snowflake 在计算和存储基础设施资源上的支出中获得的好处远远大于他们因放弃的 AWS 红移收入而损失的好处。Snowflake 代表了 AWS 和微软 Azure 的梦想客户和合作伙伴。”</blockquote> Snowflake has focused on six core markets, including financial services, health care and life sciences, retail and consumer packaged goods, advertising media and entertainment, technology, and the government sector.<blockquote>雪花专注于六个核心市场，包括金融服务、医疗保健和生命科学、零售和消费品包装、广告媒体和娱乐、技术以及政府部门。</blockquote> When Snowflake went public in September it used a dual-class share structure that gave its CEO and insiderssuper-voting rights. However, Snowflake eliminated the dual-class structure in March.<blockquote>当 Snowflake 在 9 月份上市时，它采用了双重股权结构，赋予其首席执行官和内部人士超级投票权。然而，雪花在3月份取消了双级结构。</blockquote> Snowflake had been based in San Mateo, Calif. Amid the shift to remote work spurred by the coronavirus emergency, Snowflake in May said it no longer has a corporate headquarters. It designated Bozeman, Mont., as its principal executive office. Slootman and Scarpelli are based in Bozeman.<blockquote>雪花公司总部设在加利福尼亚州的圣马特奥。在冠状病毒紧急情况下向远程工作的转变中，雪花在5月份表示，它不再有公司总部。它指定蒙大拿州波兹曼。，作为其主要执行办公室。斯洛特曼和斯卡佩利的总部设在波兹曼。</blockquote> Snowflake Stock Fundamental Analysis<blockquote>雪花股票基本面分析</blockquote> Software stocks typically trade as a multiple of forward-looking revenue growth. Software-as-a-service, or SaaS, companies, such asSalesforce.com(CRM), typically provide the highest revenue growth. Salesforce is a key marketing partner of SNOW stock.<blockquote>软件股通常以前瞻性收入增长的倍数进行交易。软件即服务（SaaS）公司，例如销售力量网站（CRM），通常提供最高的收入增长。Salesforce 是 SNOW stock 的主要营销合作伙伴。</blockquote> Snowflake also partners with consulting firms such as Deloitte and information technology firms such as privately held Informatica.<blockquote>Snowflake还与德勤等咨询公司和私人控股的Informatica等信息技术公司合作。</blockquote> Snowflake is not an SaaS company, however. Instead, it uses a consumption-based business model based on how much data its customers crunch and store.<blockquote>然而，雪花不是一家SaaS公司。相反，它使用基于消费的商业模式，基于客户处理和存储的数据量。</blockquote> Snowflake's revenue growth stands out. But there's less transparency and predictability than with subscription-based, recurring-revenue SaaS business models, analysts say.<blockquote>雪花的收入增长脱颖而出。但分析师表示，与基于订阅的经常性收入 SaaS 商业模式相比，透明度和可预测性较低。</blockquote> \"SNOW has a consumption model, whereby customers contract for a certain amount of compute and storage capacity,\" Mizuho Securities analyst Gregg Moskowitz said in a note. \"The company only records revenue, however, as that capacity is used, so there can be a lag of several months or more before revenue recognition begins.\"<blockquote>瑞穗证券分析师格雷格·莫斯科维茨在一份报告中表示：“SNOW 有一个消费模式，客户通过该模式签订一定数量的计算和存储容量合同。”“然而，该公司仅在产能被使用时才记录收入，因此在收入确认开始之前可能会有几个月或更长时间的滞后。”</blockquote> Snowflake is nearing an annual revenue run-rate of $1 billion. That's a big milestone for software growth companies. But SNOW stock is unprofitable on the two most common accounting standards.<blockquote>Snowflake 的年收入已接近 10 亿美元。这对于软件成长型公司来说是一个重要的里程碑。但根据两种最常见的会计准则，SNOW stock 是无利可图的。</blockquote> Many software companies are unprofitable using GAAP earnings, or generally accepted accounting principles, which includes stock-based compensation. But they're profitable on a non-GAAP or \"adjusted\" earnings basis.<blockquote>许多软件公司使用 GAAP 收益或普遍接受的会计原则（包括基于股票的薪酬）是无利可图的。但它们在非 GAAP 或“调整后”收益基础上是盈利的。</blockquote> Snowflake Stock Gains Traction In Large Deals<blockquote>雪花股票在大宗交易中获得吸引力</blockquote> Snowflake's July quarter decelerated from the previous quarter but topped analyst estimates as it gained traction with large deals in the financial services and healthcare markets.<blockquote>Snowflake 7 月份季度的业绩比上一季度有所放缓，但由于金融服务和医疗保健市场的大宗交易获得了牵引力，超出了分析师的预期。</blockquote> Snowflake said July-quarter revenue jumped 104% to $272.2 million from a year earlier. Analysts had estimated Snowflake revenue of $256.5 million.<blockquote>Snowflake 表示，7 月份季度收入同比增长 104%，达到 2.722 亿美元。分析师预计 Snowflake 的收入为 2.565 亿美元。</blockquote> Snowflake sales soared 110% in the April quarter and 117% in the January quarter.<blockquote>雪花销售额在 4 月份季度飙升 110%，在 1 月份季度飙升 117%。</blockquote> The provider of cloud-based data analytics software said product revenue rose 103% to $254.6 million vs. estimates of $240 million.<blockquote>这家基于云的数据分析软件提供商表示，产品收入增长了103%，达到2.546亿美元，而预期为2.4亿美元。</blockquote> In addition, Snowflake said it now has 116 customers with \"trailing 12-month product revenue greater than $1 million,\" up from 104 such customers as of April 30.<blockquote>此外，Snowflake 表示，目前有 116 名客户“过去 12 个月的产品收入超过 100 万美元”，而截至 4 月 30 日，此类客户为 104 名。</blockquote> \"SNOW stock ended the quarter with 12 net new $1 million-plus customers (vs. 27 last quarter, 8 a year ago), bringing total $1 million-plus customers to 116,\" said Cowen analyst J. Derrick Wood in a report. \"Management cited strength come from rising deal sizes, strong competitive win rates, high sales productivity levels and balanced demand across geographies, customer segments and verticals. SNOW's recent vertically-focused, go-to-market initiatives are resonating particularly well in financial services and healthcare.\"<blockquote>Cowen 分析师 J. Derrick Wood 在一份报告中表示：“本季度末，SNOW stock 净增 12 个 100 万美元以上的新客户（上季度为 27 个，去年同期为 8 个），使 100 万美元以上的客户总数达到 116 个。”“管理层认为，优势来自不断增长的交易规模、强劲的竞争胜率、高销售生产力水平以及跨地域、客户群和垂直领域的平衡需求。SNOW 最近专注于垂直领域的市场推广计划在金融服务和医疗保健领域引起了特别好的共鸣。”</blockquote> For the October quarter, Snowflake forecast product revenue in a range of $280 million to $285 million, above estimates of $270.5 million.<blockquote>对于 10 月份季度，Snowflake 预计产品收入将在 2.8 亿至 2.85 亿美元之间，高于 2.705 亿美元的预期。</blockquote> SNOW Stock Technical Analysis<blockquote>雪股技术分析</blockquote> Snowflake stock went public on Sept. 16, 2020, at 120 a share. At the time, software growth stocks were hot as investors sought recurring revenue amid the coronavirus emergency.<blockquote>Snowflake 股票于 2020 年 9 月 16 日上市，每股价格为 120 美元。当时，由于投资者在冠状病毒紧急情况下寻求经常性收入，软件成长型股票炙手可热。</blockquote> SNOW stock popped as high as 319 on the first day of trading and closed 111.6% above the IPO price at 253.93. Shares pulled back as analysts debated Snowflake's valuation.<blockquote>SNOW 股票首日交易高达 319 点，收盘价较 IPO 价格上涨 111.6%，报 253.93 点。由于分析师对 Snowflake 的估值展开辩论，股价回落。</blockquote> Snowflake stock forged acup-with-handle baseover the next two months. The new base created an entry point of 301. SNOW stock blew past the buy point, hitting an all-time high of 429 on Dec. 8.<blockquote>雪花股票在接下来的两个月里锻造了带手柄的针尖底座。新基地创建了301的入口点。SNOW 股价突破买入点，12 月 8 日创下 429 点的历史新高。</blockquote> Snowflake stock swooned in late 2020 amid questions over its valuation even as the IBD Computer-Software Enterprise group stayed resilient. The Computer-Software Enterprise group did not break down until mid-February amid a market rotation to value.<blockquote>尽管 IBD 计算机软件企业集团保持弹性，但由于对其估值的质疑，Snowflake 股票在 2020 年底暴跌。这家计算机软件企业集团直到二月中旬才在市场价值轮动中倒闭。</blockquote> Snowflake stock hit a 12-month low of 184.71 on May 13.<blockquote>5月13日，Snowflake股价触及184.71点的12个月低点。</blockquote> Is Snowflake Stock A Buy Right Now?<blockquote>雪花股票现在值得买入吗？</blockquote> Snowflake stock still trades at a substantial premium as a multiple of forward-looking revenue growth. SNOW stock holds anIBD Composite Ratingof&nbsp; 53 out of a best possible 99, according toIBD Stock Checkup.<blockquote>由于前瞻性收入增长的倍数，Snowflake 股票的交易价格仍然大幅溢价。根据 IBD 股票检查，SNOW 股票的 IBD 综合评级为 53 分（满分 99 分）。</blockquote> IBD's Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.<blockquote>IBD的综合评级将五个独立的专有评级合并为一个易于使用的评级。最好的成长型股票的综合评级为 90 或更高。</blockquote> One bright spot is that Snowflake stock owns an Accumulation/Distribution Rating of B, according toIBD MarketSmithanalysis. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading.<blockquote>根据 IBD MarketSmithanalysis 的数据，一个亮点是雪花股票的累积/分配评级为 B。该评级分析股票在过去 13 周交易中的价格和成交量变化。</blockquote> The rating, on an A+ to E scale, measures institutional buying and selling in a stock. A+ signifies heavy institutional buying; E means heavy selling. Think of the C grade as neutral.<blockquote>该评级范围为 A+ 至 E，衡量机构对股票的买卖情况。A+表示机构大量买入；E意味着大量抛售。把C级想象成中性。</blockquote> SNOW stock has yet toform a basewith a proper entry point. Snowflake stock has clawed above its 50-day moving average. If it holds above the 50-day line that could kick-start the right side of a deep base.<blockquote>雪股尚未形成一个具有适当切入点的基础。Snowflake 股票已突破 50 天移动平均线。如果它保持在 50 日线上方，可能会启动深底的右侧。</blockquote>","source":"lsy1610449120050","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Snowflake Stock A Buy? Data Analytics Specialist Rides Cloud Computing Wave<blockquote>雪花股票值得买入吗？数据分析专家乘着云计算浪潮</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Snowflake Stock A Buy? Data Analytics Specialist Rides Cloud Computing Wave<blockquote>雪花股票值得买入吗？数据分析专家乘着云计算浪潮</blockquote>\n</h2>\n<h4 class=\"meta\">\n\ninvestors2021-10-01 08:20\n\n</h4>\n</header>\n<article>\nThink of Snowflake stock as a proxy on the torrid growth of cloud computing giantsAmazon.com(AMZN),Microsoft(MSFT) andAlphabet's (GOOGL) Google.<blockquote>将雪花股票视为云计算巨头快速增长的代表亚马逊（亚马逊），微软（MSFT）和Alphabet（GOOGL）谷歌。</blockquote> Many companies are turning to cloud computing services as part of \"digital transformation\" projects that aim to gain business insights from crunching massive volumes of data. The cloud computing titans offer their own data analytics and management tools.<blockquote>许多公司正在转向云计算服务，作为“数字化转型”项目的一部分，这些项目旨在从处理大量数据中获得业务洞察力。云计算巨头提供自己的数据分析和管理工具。</blockquote> In a \"coopetition\" model, thecloud giantsgive their customers a green light to buySnowflake's (SNOW) software. The reason is Snowflake's tools are better at some key tasks, such as letting companies compile, view, analyze and share massive amounts of data in an easy way.<blockquote>在“合作竞争”模式下，云巨头为客户购买开绿灯雪花的（雪）软件。原因是Snowflake的工具在一些关键任务上表现更好，比如让公司以简单的方式编译、查看、分析和共享海量数据。</blockquote> Nearly two-fifths of Fortune 500 companies use Snowflake's software in the cloud as they move away from on-premise data warehousing products fromTeradata(TDC),Oracle(ORCL) andIBM(IBM).<blockquote>近五分之二的财富 500 强公司在云中使用 Snowflake 软件，因为它们正在逐步淘汰本地数据仓库产品。特拉达塔（贸发局），甲骨文（ORCL）和IBM（IBM）。</blockquote> One Snowflake customer is pharma giantPfizer(PFE). Pfizer uses Snowflake tools to forecast product sales and to gain insights into thedistribution of the Covid-19 vaccine.<blockquote>雪花客户之一是制药巨头辉瑞（PFE）。辉瑞使用雪花工具来预测产品销售，并深入了解新冠肺炎疫苗的分销情况。</blockquote> Snowflake Stock: Competition Increasing From Google Cloud?<blockquote>雪花股票：来自谷歌云的竞争加剧？</blockquote> Stellar customer growth enabled SNOW stock to pull off the largest initial public offering ever by a software company in September 2020. The IPO raised $3.4 billion.<blockquote>强劲的客户增长使 SNOW stock 于 2020 年 9 月完成了软件公司有史以来规模最大的首次公开募股。IPO筹集了34亿美元。</blockquote> But is Snowflake a buy right now? After a tough start to 2021, software growth stocks have rebounded. The iShares Expanded Tech-Software Sector ETF rose 5% in August, 3.4% in July and 8.7% in June.<blockquote>但是雪花现在值得购买吗？在经历了 2021 年的艰难开局后，软件成长型股票已经反弹。iShares 扩展科技软件行业 ETF 8 月份上涨 5%，7 月份上涨 3.4%，6 月份上涨 8.7%。</blockquote> Snowflake stock has out-performed the software sector since mid-May. It's up 13% in 2021.<blockquote>自五月中旬以来，雪花股票的表现一直优于软件板块。2021年增长13%。</blockquote> Snowflake stock hit an all-time high of 429 in early December last year. But SNOW stock swooned in late 2020 amid analyst concerns over its lofty valuation.<blockquote>去年 12 月初，雪花股票创下 429 点的历史新高。但由于分析师对其高估值的担忧，SNOW 股票在 2020 年底暴跌。</blockquote> At a June 10 analyst day, Snowflake laid out a path to $10 billion in product revenue by fiscal 2029, which coincides with calendar 2028. The $10 billion revenue target would result in a compound annual growth rate of 44%.<blockquote>在 6 月 10 日的分析师日上，Snowflake 制定了到 2029 财年实现 100 亿美元产品收入的路径，该财年与 2028 财年相吻合。100亿美元的收入目标将带来44%的复合年增长率。</blockquote> The company said it expects to increase the number of customers with over $1 million in product revenue. Snowflake also guided to long-term operating margin of 10%-plus, lower than some analysts expected.<blockquote>该公司表示，预计产品收入将超过 100 万美元，从而增加客户数量。Snowflake 还预计长期营业利润率将超过 10%，低于一些分析师的预期。</blockquote> Possible Threat From Amazon<blockquote>来自亚马逊的可能威胁</blockquote> Snowflake in July announced support for digital advertising standard Unified ID 2.0. Advertising is one of Snowflake's largest verticals with customers representing a large percentage of players in the space, noted a RBC Capital report. The move comes as Googlephases out internet cookies for targeted advertising.<blockquote>雪花在7月份宣布支持数字广告标准统一ID 2.0。加拿大皇家银行资本的一份报告指出，广告是雪花最大的垂直行业之一，客户在该领域占据了很大一部分。此举正值谷歌逐步淘汰用于定向广告的互联网cookies之际。</blockquote> Whether Amazon Web Services ratchets up competition remains a concern for SNOW stock. Plus, competition with privately held Databricks is heating up. A February funding roundvalued Databricks at $28 billion.<blockquote>亚马逊网络服务是否会加剧竞争仍然是 SNOW stock 关注的问题。此外，与私人持有的数据块的竞争正在白热化。2 月份的一笔融资使 Databricks 的估值达到 280 亿美元。</blockquote> Databricks, which usesartificial intelligence, is expected to launch its own IPO.Hewlett Packard Enterprise(HPE), with its GreenLake platform, is another rival.<blockquote>使用人工智能的Databricks预计将启动自己的IPO。慧与拥有 GreenLake 平台的 (HPE) 是另一个竞争对手。</blockquote> Snowflake stock bulls point to its seasoned management team as a strength no matter what unfolds.<blockquote>雪花股票的多头指出，无论发生什么，其经验丰富的管理团队都是一种优势。</blockquote> Two former Oracle engineers — Benoit Dageville and Thierry Cruanes — along with Marcin Zukowski, former chief executive of startup Vectorwise, started Snowflake in 2012. The company holds patents in database architecture, data warehouses and other areas.<blockquote>两名前甲骨文工程师——Benoit Dageville和Thierry Cruanes——以及初创公司Vectorwise的前首席执行官Marcin Zukowski于2012年创办了Snowflake。公司拥有数据库架构、数据仓库等领域的专利。</blockquote> SNOW Stock: ServiceNow Veterans Lead Company<blockquote>SNOW Stock：ServiceNow Veterans 牵头公司</blockquote> Snowflake brought inFrank Slootman as chief executive&nbsp;in May 2019. Slootman had stepped down as CEO of ServiceNow in early 2017. Former ServiceNow Chief Financial Officer Mike Scarpelli in 2019 also joined Snowflake in the same CFO position.<blockquote>Snowflake 于 2019 年 5 月任命 inFrank Slootman 为首席执行官。Slootman 已于 2017 年初辞去 ServiceNow 首席执行官一职。ServiceNow 前首席财务官 Mike Scarpelli 也于 2019 年加入 Snowflake，担任首席财务官一职。</blockquote> Unlike legacy, on-premise data management systems, Snowflake's platform was built from the ground up for cloud computing. It provides 100% of its software over the internet.<blockquote>与传统的本地数据管理系统不同，Snowflake的平台是为云计算从头开始构建的。它通过互联网提供100%的软件。</blockquote> Snowflake customers can share data with their partners across multiple online storage systems using the company's data warehouse. Snowflake also enables easily searchable data to be shared among applications.<blockquote>雪花客户可以使用公司的数据仓库，通过多个在线存储系统与合作伙伴共享数据。Snowflake还支持在应用程序之间共享易于搜索的数据。</blockquote> Snowflake's data analytics tools became available on Amazon Web Services in 2015, Microsoft's Azure in 2018 and on Google's cloud platform in 2020.<blockquote>雪花的数据分析工具于2015年在亚马逊网络服务上可用，2018年在微软的Azure上可用，2020年在谷歌云平台上可用。</blockquote> In June, Snowflake partnered withC3.ai(AI). The two companies will cooperate in offering artificial intelligence tools to companies.<blockquote>6月，雪花与C3.艾（人工智能）。两家公司将合作向企业提供人工智能工具。</blockquote> Amazon Web Services A 'Frenemy'<blockquote>亚马逊网络服务是“敌友”</blockquote> \"While Snowflake is multi-cloud, it derives some 85% of its revenues from data analytics jobs deployed on Amazon Web Services, which is also Snowflake's biggest rival with AWS Redshift,\" UBS analyst Karl Keirstead said in a recent note to clients.<blockquote>瑞银分析师 Karl Keirstead 在最近给客户的一份报告中表示：“虽然 Snowflake 是多云的，但其约 85% 的收入来自部署在亚马逊网络服务上的数据分析工作，亚马逊网络服务也是 Snowflake 与 AWS Redshift 的最大竞争对手。”</blockquote> \"This 'frenemy' relationship is critical to Snowflake's success,\" Keirstead went on to say. \"AWS benefits far more from Snowflake spending on compute and storage infrastructure resources than they lose in the form of foregone AWS Redshift revenues. Snowflake represents a dream customer and partner for AWS and Microsoft Azure.\"<blockquote>“这种‘敌友’关系对于雪花的成功至关重要，”基尔斯特德继续说道。“AWS 从 Snowflake 在计算和存储基础设施资源上的支出中获得的好处远远大于他们因放弃的 AWS 红移收入而损失的好处。Snowflake 代表了 AWS 和微软 Azure 的梦想客户和合作伙伴。”</blockquote> Snowflake has focused on six core markets, including financial services, health care and life sciences, retail and consumer packaged goods, advertising media and entertainment, technology, and the government sector.<blockquote>雪花专注于六个核心市场，包括金融服务、医疗保健和生命科学、零售和消费品包装、广告媒体和娱乐、技术以及政府部门。</blockquote> When Snowflake went public in September it used a dual-class share structure that gave its CEO and insiderssuper-voting rights. However, Snowflake eliminated the dual-class structure in March.<blockquote>当 Snowflake 在 9 月份上市时，它采用了双重股权结构，赋予其首席执行官和内部人士超级投票权。然而，雪花在3月份取消了双级结构。</blockquote> Snowflake had been based in San Mateo, Calif. Amid the shift to remote work spurred by the coronavirus emergency, Snowflake in May said it no longer has a corporate headquarters. It designated Bozeman, Mont., as its principal executive office. Slootman and Scarpelli are based in Bozeman.<blockquote>雪花公司总部设在加利福尼亚州的圣马特奥。在冠状病毒紧急情况下向远程工作的转变中，雪花在5月份表示，它不再有公司总部。它指定蒙大拿州波兹曼。，作为其主要执行办公室。斯洛特曼和斯卡佩利的总部设在波兹曼。</blockquote> Snowflake Stock Fundamental Analysis<blockquote>雪花股票基本面分析</blockquote> Software stocks typically trade as a multiple of forward-looking revenue growth. Software-as-a-service, or SaaS, companies, such asSalesforce.com(CRM), typically provide the highest revenue growth. Salesforce is a key marketing partner of SNOW stock.<blockquote>软件股通常以前瞻性收入增长的倍数进行交易。软件即服务（SaaS）公司，例如销售力量网站（CRM），通常提供最高的收入增长。Salesforce 是 SNOW stock 的主要营销合作伙伴。</blockquote> Snowflake also partners with consulting firms such as Deloitte and information technology firms such as privately held Informatica.<blockquote>Snowflake还与德勤等咨询公司和私人控股的Informatica等信息技术公司合作。</blockquote> Snowflake is not an SaaS company, however. Instead, it uses a consumption-based business model based on how much data its customers crunch and store.<blockquote>然而，雪花不是一家SaaS公司。相反，它使用基于消费的商业模式，基于客户处理和存储的数据量。</blockquote> Snowflake's revenue growth stands out. But there's less transparency and predictability than with subscription-based, recurring-revenue SaaS business models, analysts say.<blockquote>雪花的收入增长脱颖而出。但分析师表示，与基于订阅的经常性收入 SaaS 商业模式相比，透明度和可预测性较低。</blockquote> \"SNOW has a consumption model, whereby customers contract for a certain amount of compute and storage capacity,\" Mizuho Securities analyst Gregg Moskowitz said in a note. \"The company only records revenue, however, as that capacity is used, so there can be a lag of several months or more before revenue recognition begins.\"<blockquote>瑞穗证券分析师格雷格·莫斯科维茨在一份报告中表示：“SNOW 有一个消费模式，客户通过该模式签订一定数量的计算和存储容量合同。”“然而，该公司仅在产能被使用时才记录收入，因此在收入确认开始之前可能会有几个月或更长时间的滞后。”</blockquote> Snowflake is nearing an annual revenue run-rate of $1 billion. That's a big milestone for software growth companies. But SNOW stock is unprofitable on the two most common accounting standards.<blockquote>Snowflake 的年收入已接近 10 亿美元。这对于软件成长型公司来说是一个重要的里程碑。但根据两种最常见的会计准则，SNOW stock 是无利可图的。</blockquote> Many software companies are unprofitable using GAAP earnings, or generally accepted accounting principles, which includes stock-based compensation. But they're profitable on a non-GAAP or \"adjusted\" earnings basis.<blockquote>许多软件公司使用 GAAP 收益或普遍接受的会计原则（包括基于股票的薪酬）是无利可图的。但它们在非 GAAP 或“调整后”收益基础上是盈利的。</blockquote> Snowflake Stock Gains Traction In Large Deals<blockquote>雪花股票在大宗交易中获得吸引力</blockquote> Snowflake's July quarter decelerated from the previous quarter but topped analyst estimates as it gained traction with large deals in the financial services and healthcare markets.<blockquote>Snowflake 7 月份季度的业绩比上一季度有所放缓，但由于金融服务和医疗保健市场的大宗交易获得了牵引力，超出了分析师的预期。</blockquote> Snowflake said July-quarter revenue jumped 104% to $272.2 million from a year earlier. Analysts had estimated Snowflake revenue of $256.5 million.<blockquote>Snowflake 表示，7 月份季度收入同比增长 104%，达到 2.722 亿美元。分析师预计 Snowflake 的收入为 2.565 亿美元。</blockquote> Snowflake sales soared 110% in the April quarter and 117% in the January quarter.<blockquote>雪花销售额在 4 月份季度飙升 110%，在 1 月份季度飙升 117%。</blockquote> The provider of cloud-based data analytics software said product revenue rose 103% to $254.6 million vs. estimates of $240 million.<blockquote>这家基于云的数据分析软件提供商表示，产品收入增长了103%，达到2.546亿美元，而预期为2.4亿美元。</blockquote> In addition, Snowflake said it now has 116 customers with \"trailing 12-month product revenue greater than $1 million,\" up from 104 such customers as of April 30.<blockquote>此外，Snowflake 表示，目前有 116 名客户“过去 12 个月的产品收入超过 100 万美元”，而截至 4 月 30 日，此类客户为 104 名。</blockquote> \"SNOW stock ended the quarter with 12 net new $1 million-plus customers (vs. 27 last quarter, 8 a year ago), bringing total $1 million-plus customers to 116,\" said Cowen analyst J. Derrick Wood in a report. \"Management cited strength come from rising deal sizes, strong competitive win rates, high sales productivity levels and balanced demand across geographies, customer segments and verticals. SNOW's recent vertically-focused, go-to-market initiatives are resonating particularly well in financial services and healthcare.\"<blockquote>Cowen 分析师 J. Derrick Wood 在一份报告中表示：“本季度末，SNOW stock 净增 12 个 100 万美元以上的新客户（上季度为 27 个，去年同期为 8 个），使 100 万美元以上的客户总数达到 116 个。”“管理层认为，优势来自不断增长的交易规模、强劲的竞争胜率、高销售生产力水平以及跨地域、客户群和垂直领域的平衡需求。SNOW 最近专注于垂直领域的市场推广计划在金融服务和医疗保健领域引起了特别好的共鸣。”</blockquote> For the October quarter, Snowflake forecast product revenue in a range of $280 million to $285 million, above estimates of $270.5 million.<blockquote>对于 10 月份季度，Snowflake 预计产品收入将在 2.8 亿至 2.85 亿美元之间，高于 2.705 亿美元的预期。</blockquote> SNOW Stock Technical Analysis<blockquote>雪股技术分析</blockquote> Snowflake stock went public on Sept. 16, 2020, at 120 a share. At the time, software growth stocks were hot as investors sought recurring revenue amid the coronavirus emergency.<blockquote>Snowflake 股票于 2020 年 9 月 16 日上市，每股价格为 120 美元。当时，由于投资者在冠状病毒紧急情况下寻求经常性收入，软件成长型股票炙手可热。</blockquote> SNOW stock popped as high as 319 on the first day of trading and closed 111.6% above the IPO price at 253.93. Shares pulled back as analysts debated Snowflake's valuation.<blockquote>SNOW 股票首日交易高达 319 点，收盘价较 IPO 价格上涨 111.6%，报 253.93 点。由于分析师对 Snowflake 的估值展开辩论，股价回落。</blockquote> Snowflake stock forged acup-with-handle baseover the next two months. The new base created an entry point of 301. SNOW stock blew past the buy point, hitting an all-time high of 429 on Dec. 8.<blockquote>雪花股票在接下来的两个月里锻造了带手柄的针尖底座。新基地创建了301的入口点。SNOW 股价突破买入点，12 月 8 日创下 429 点的历史新高。</blockquote> Snowflake stock swooned in late 2020 amid questions over its valuation even as the IBD Computer-Software Enterprise group stayed resilient. The Computer-Software Enterprise group did not break down until mid-February amid a market rotation to value.<blockquote>尽管 IBD 计算机软件企业集团保持弹性，但由于对其估值的质疑，Snowflake 股票在 2020 年底暴跌。这家计算机软件企业集团直到二月中旬才在市场价值轮动中倒闭。</blockquote> Snowflake stock hit a 12-month low of 184.71 on May 13.<blockquote>5月13日，Snowflake股价触及184.71点的12个月低点。</blockquote> Is Snowflake Stock A Buy Right Now?<blockquote>雪花股票现在值得买入吗？</blockquote> Snowflake stock still trades at a substantial premium as a multiple of forward-looking revenue growth. SNOW stock holds anIBD Composite Ratingof&nbsp; 53 out of a best possible 99, according toIBD Stock Checkup.<blockquote>由于前瞻性收入增长的倍数，Snowflake 股票的交易价格仍然大幅溢价。根据 IBD 股票检查，SNOW 股票的 IBD 综合评级为 53 分（满分 99 分）。</blockquote> IBD's Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.<blockquote>IBD的综合评级将五个独立的专有评级合并为一个易于使用的评级。最好的成长型股票的综合评级为 90 或更高。</blockquote> One bright spot is that Snowflake stock owns an Accumulation/Distribution Rating of B, according toIBD MarketSmithanalysis. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading.<blockquote>根据 IBD MarketSmithanalysis 的数据，一个亮点是雪花股票的累积/分配评级为 B。该评级分析股票在过去 13 周交易中的价格和成交量变化。</blockquote> The rating, on an A+ to E scale, measures institutional buying and selling in a stock. A+ signifies heavy institutional buying; E means heavy selling. Think of the C grade as neutral.<blockquote>该评级范围为 A+ 至 E，衡量机构对股票的买卖情况。A+表示机构大量买入；E意味着大量抛售。把C级想象成中性。</blockquote> SNOW stock has yet toform a basewith a proper entry point. Snowflake stock has clawed above its 50-day moving average. If it holds above the 50-day line that could kick-start the right side of a deep base.<blockquote>雪股尚未形成一个具有适当切入点的基础。Snowflake 股票已突破 50 天移动平均线。如果它保持在 50 日线上方，可能会启动深底的右侧。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://investors.com/news/technology/snowflake-snow-stock-buy-now/?src=A00220\">investors</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"source_url":"https://investors.com/news/technology/snowflake-snow-stock-buy-now/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155834484","content_text":"Think of Snowflake stock as a proxy on the torrid growth of cloud computing giantsAmazon.com(AMZN),Microsoft(MSFT) andAlphabet's (GOOGL) Google.\nMany companies are turning to cloud computing services as part of \"digital transformation\" projects that aim to gain business insights from crunching massive volumes of data. The cloud computing titans offer their own data analytics and management tools.\nIn a \"coopetition\" model, thecloud giantsgive their customers a green light to buySnowflake's (SNOW) software. The reason is Snowflake's tools are better at some key tasks, such as letting companies compile, view, analyze and share massive amounts of data in an easy way.\nNearly two-fifths of Fortune 500 companies use Snowflake's software in the cloud as they move away from on-premise data warehousing products fromTeradata(TDC),Oracle(ORCL) andIBM(IBM).\nOne Snowflake customer is pharma giantPfizer(PFE). Pfizer uses Snowflake tools to forecast product sales and to gain insights into thedistribution of the Covid-19 vaccine.\nSnowflake Stock: Competition Increasing From Google Cloud?\nStellar customer growth enabled SNOW stock to pull off the largest initial public offering ever by a software company in September 2020. The IPO raised $3.4 billion.\nBut is Snowflake a buy right now? After a tough start to 2021, software growth stocks have rebounded. The iShares Expanded Tech-Software Sector ETF rose 5% in August, 3.4% in July and 8.7% in June.\nSnowflake stock has out-performed the software sector since mid-May. It's up 13% in 2021.\nSnowflake stock hit an all-time high of 429 in early December last year. But SNOW stock swooned in late 2020 amid analyst concerns over its lofty valuation.\nAt a June 10 analyst day, Snowflake laid out a path to $10 billion in product revenue by fiscal 2029, which coincides with calendar 2028. The $10 billion revenue target would result in a compound annual growth rate of 44%.\nThe company said it expects to increase the number of customers with over $1 million in product revenue. Snowflake also guided to long-term operating margin of 10%-plus, lower than some analysts expected.\nPossible Threat From Amazon\nSnowflake in July announced support for digital advertising standard Unified ID 2.0. Advertising is one of Snowflake's largest verticals with customers representing a large percentage of players in the space, noted a RBC Capital report. The move comes as Googlephases out internet cookies for targeted advertising.\nWhether Amazon Web Services ratchets up competition remains a concern for SNOW stock. Plus, competition with privately held Databricks is heating up. A February funding roundvalued Databricks at $28 billion.\nDatabricks, which usesartificial intelligence, is expected to launch its own IPO.Hewlett Packard Enterprise(HPE), with its GreenLake platform, is another rival.\nSnowflake stock bulls point to its seasoned management team as a strength no matter what unfolds.\nTwo former Oracle engineers — Benoit Dageville and Thierry Cruanes — along with Marcin Zukowski, former chief executive of startup Vectorwise, started Snowflake in 2012. The company holds patents in database architecture, data warehouses and other areas.\nSNOW Stock: ServiceNow Veterans Lead Company\nSnowflake brought inFrank Slootman as chief executive in May 2019. Slootman had stepped down as CEO of ServiceNow in early 2017. Former ServiceNow Chief Financial Officer Mike Scarpelli in 2019 also joined Snowflake in the same CFO position.\nUnlike legacy, on-premise data management systems, Snowflake's platform was built from the ground up for cloud computing. It provides 100% of its software over the internet.\nSnowflake customers can share data with their partners across multiple online storage systems using the company's data warehouse. Snowflake also enables easily searchable data to be shared among applications.\nSnowflake's data analytics tools became available on Amazon Web Services in 2015, Microsoft's Azure in 2018 and on Google's cloud platform in 2020.\nIn June, Snowflake partnered withC3.ai(AI). The two companies will cooperate in offering artificial intelligence tools to companies.\nAmazon Web Services A 'Frenemy'\n\"While Snowflake is multi-cloud, it derives some 85% of its revenues from data analytics jobs deployed on Amazon Web Services, which is also Snowflake's biggest rival with AWS Redshift,\" UBS analyst Karl Keirstead said in a recent note to clients.\n\"This 'frenemy' relationship is critical to Snowflake's success,\" Keirstead went on to say. \"AWS benefits far more from Snowflake spending on compute and storage infrastructure resources than they lose in the form of foregone AWS Redshift revenues. Snowflake represents a dream customer and partner for AWS and Microsoft Azure.\"\nSnowflake has focused on six core markets, including financial services, health care and life sciences, retail and consumer packaged goods, advertising media and entertainment, technology, and the government sector.\nWhen Snowflake went public in September it used a dual-class share structure that gave its CEO and insiderssuper-voting rights. However, Snowflake eliminated the dual-class structure in March.\nSnowflake had been based in San Mateo, Calif. Amid the shift to remote work spurred by the coronavirus emergency, Snowflake in May said it no longer has a corporate headquarters. It designated Bozeman, Mont., as its principal executive office. Slootman and Scarpelli are based in Bozeman.\nSnowflake Stock Fundamental Analysis\nSoftware stocks typically trade as a multiple of forward-looking revenue growth. Software-as-a-service, or SaaS, companies, such asSalesforce.com(CRM), typically provide the highest revenue growth. Salesforce is a key marketing partner of SNOW stock.\nSnowflake also partners with consulting firms such as Deloitte and information technology firms such as privately held Informatica.\nSnowflake is not an SaaS company, however. Instead, it uses a consumption-based business model based on how much data its customers crunch and store.\nSnowflake's revenue growth stands out. But there's less transparency and predictability than with subscription-based, recurring-revenue SaaS business models, analysts say.\n\"SNOW has a consumption model, whereby customers contract for a certain amount of compute and storage capacity,\" Mizuho Securities analyst Gregg Moskowitz said in a note. \"The company only records revenue, however, as that capacity is used, so there can be a lag of several months or more before revenue recognition begins.\"\nSnowflake is nearing an annual revenue run-rate of $1 billion. That's a big milestone for software growth companies. But SNOW stock is unprofitable on the two most common accounting standards.\nMany software companies are unprofitable using GAAP earnings, or generally accepted accounting principles, which includes stock-based compensation. But they're profitable on a non-GAAP or \"adjusted\" earnings basis.\nSnowflake Stock Gains Traction In Large Deals\nSnowflake's July quarter decelerated from the previous quarter but topped analyst estimates as it gained traction with large deals in the financial services and healthcare markets.\nSnowflake said July-quarter revenue jumped 104% to $272.2 million from a year earlier. Analysts had estimated Snowflake revenue of $256.5 million.\nSnowflake sales soared 110% in the April quarter and 117% in the January quarter.\nThe provider of cloud-based data analytics software said product revenue rose 103% to $254.6 million vs. estimates of $240 million.\nIn addition, Snowflake said it now has 116 customers with \"trailing 12-month product revenue greater than $1 million,\" up from 104 such customers as of April 30.\n\"SNOW stock ended the quarter with 12 net new $1 million-plus customers (vs. 27 last quarter, 8 a year ago), bringing total $1 million-plus customers to 116,\" said Cowen analyst J. Derrick Wood in a report. \"Management cited strength come from rising deal sizes, strong competitive win rates, high sales productivity levels and balanced demand across geographies, customer segments and verticals. SNOW's recent vertically-focused, go-to-market initiatives are resonating particularly well in financial services and healthcare.\"\nFor the October quarter, Snowflake forecast product revenue in a range of $280 million to $285 million, above estimates of $270.5 million.\nSNOW Stock Technical Analysis\nSnowflake stock went public on Sept. 16, 2020, at 120 a share. At the time, software growth stocks were hot as investors sought recurring revenue amid the coronavirus emergency.\nSNOW stock popped as high as 319 on the first day of trading and closed 111.6% above the IPO price at 253.93. Shares pulled back as analysts debated Snowflake's valuation.\nSnowflake stock forged acup-with-handle baseover the next two months. The new base created an entry point of 301. SNOW stock blew past the buy point, hitting an all-time high of 429 on Dec. 8.\nSnowflake stock swooned in late 2020 amid questions over its valuation even as the IBD Computer-Software Enterprise group stayed resilient. The Computer-Software Enterprise group did not break down until mid-February amid a market rotation to value.\nSnowflake stock hit a 12-month low of 184.71 on May 13.\nIs Snowflake Stock A Buy Right Now?\nSnowflake stock still trades at a substantial premium as a multiple of forward-looking revenue growth. SNOW stock holds anIBD Composite Ratingof  53 out of a best possible 99, according toIBD Stock Checkup.\nIBD's Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.\nOne bright spot is that Snowflake stock owns an Accumulation/Distribution Rating of B, according toIBD MarketSmithanalysis. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading.\nThe rating, on an A+ to E scale, measures institutional buying and selling in a stock. A+ signifies heavy institutional buying; E means heavy selling. Think of the C grade as neutral.\nSNOW stock has yet toform a basewith a proper entry point. Snowflake stock has clawed above its 50-day moving average. If it holds above the 50-day line that could kick-start the right side of a deep base.","news_type":1,"symbols_score_info":{"SNOW":0.9}},"isVote":1,"tweetType":1,"viewCount":3032,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":13,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/864320633"}