Snowflake Inc Ordinary Shares - Class A

SNOW: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$587.00	Zmsg	Zxvcpyflf

Snowflake’s Q2 Beats by Taking Its Upmarket by Storm; Shares Attractive Even With Shares Up 18%

Julie Bhusal Sharma

Aug 25, 2022

Snowflake’s second quarter was an excellent one, as revenue and GAAP EPS came in well above our expectations and management’s due to a snowballing effect which has Snowflake making traction upmarket. We think such success lies in the ease of setting up and trying out the Snowflake platform, which involves little upfront costs due to the company’s consumption model.

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