4Semana
Is there anything from JPMorgan?
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@User03 Analyst Mark Murphy reiterated an Overweight rating, while slashing the price target from $185 to $175.
Snowflake's second-quarter results "show a softer beat vs. guide relative to Q1, Murphy said in a note. He added that the guidance for fiscal 2025, although raised, continues to imply a deceleration in the back half of the year.
The "key silver linings" in Snowflake's results include solid bookings, driven by accelerating RPO growth "with the closure of two nine-figure deals in Q2, alongside some ongoing subtle stabilization in DBNR (dollar-based net retention) trends," the analyst wrote. The pace of sequential DBNR contraction moderated for the fourth consecutive quarter, he further stated.
Snowflake's second-quarter results "show a softer beat vs. guide relative to Q1, Murphy said in a note. He added that the guidance for fiscal 2025, although raised, continues to imply a deceleration in the back half of the year.
The "key silver linings" in Snowflake's results include solid bookings, driven by accelerating RPO growth "with the closure of two nine-figure deals in Q2, alongside some ongoing subtle stabilization in DBNR (dollar-based net retention) trends," the analyst wrote. The pace of sequential DBNR contraction moderated for the fourth consecutive quarter, he further stated.
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•4Semana
@Aktien_Stammtisch thank you ✌🏻
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