BUZZ-Snowflake surges on upbeat 2026 product revenue forecast

Reuters
27 Feb
BUZZ-<a href="https://laohu8.com/S/SNOW">Snowflake</a> surges on upbeat 2026 product revenue forecast

** Shares of cloud computing firm Snowflake SNOW.N rise 10.1% to $183.01 premarket

** Co expects annual 2026 product revenue of $4.28 bln, compared with analysts' estimate of $4.21 bln, per data compiled by LSEG

** SNOW also said it has integrated OpenAI's models directly in Snowflake Cortex AI, its fully managed AI service

** Co reports Q4 revenue of $986.8 mln, beating estimates of $955.9 mln - LSEG

** As of last close, stock has gained 7.6% YTD

(Reporting by Sanchayaita Roy in Bengaluru)

((sanchayaita.roy@thomsonreuters.com))

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