Why Is Everyone Talking About Snowflake Stock?

By Parkev Tatevosian, CFA – Dec 8, 2022 at 7:00AM

NYSE: SNOW

Snowflake

Market Cap

$51B

Today's Change

(2.69%) $3.96

Current Price

$151.17

Price as of April 23, 2024, 4:00 p.m. ET

Snowflake stock has been getting a lot of attention from investors recently.

In this video, I will review Snowflake's (SNOW 2.69%) third-quarter earnings results and determine if the figures make the stock a buy.

*Stock prices used were the afternoon prices of Dec. 5, 2022. The video was published on Dec. 7, 2022.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Snowflake. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.