$SNOW | StoneX 𝗿𝗲𝗶𝘁𝗲𝗿𝗮𝘁𝗲𝘀 𝗕𝘂𝘆 on 𝗦𝗻𝗼𝘄𝗳𝗹𝗮𝗸𝗲 𝗜𝗻𝗰., maintains PT at $𝟰𝟬𝟬 Analyst sees durable growth after a second straight beat-and-raise and FY2027 product revenue guidance of 36% growth.

SNOWFLAKE $SNOW JUST REPORTED Q2 EARNINGS - Revenue: $1.55B, beating est. of $1.48B 🟢 - Adj EPS: $0.62, beating est. of $0.45 🟢 - Product Revenue: $1.49B (+37% YoY) - Non-GAAP Oper Income: $237.0M - Net Revenue Retention Rate: 126% - $1M+ Customers: 828 (+27% YoY) - Free Cash Flow: $83.8M Q3 Guidance: - Product Revenue: $1.588B-$1.593B - Non-GAAP Operating Margin: 15.5% - Diluted Shares: 382M Raises FY27 Guidance: - Product Revenue: $6.07B (from $5.84B) - Non-GAAP Operating Margin: 14.5% (from 13.5%) - Non-GAAP Product Gross Margin: 74% - Adj FCF Margin: 23% - Diluted Shares: 380M

📊 $SNOW Earnings Preview 🚀 Key areas to watch: • Revenue: ~$1.48B expected • EPS: ~$0.45–$0.46 expected • Product Revenue: $1.415B–$1.420B guided • AI Adoption: Consumption growth across Data Cloud • RPO & NRR: Key growth-quality metrics • FY27 Guidance: Potential raise in focus Discover real-time market trends and AI-powered insights on

$ZETA joined $SNOW Open Semantic Interchange initiative to help create a vendor-neutral data standard for AI-powered analytics and marketing. The goal is to make messy enterprise data easier to unify so companies can get cleaner insights across AI, BI and marketing platforms.