El interés en corto de Snowflake da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de Snowflake. Los datos de interés en corto se actualizan cada dos semanas.

Snowflake (NYSE:SNOW) Bolsa, Informe de interés en corto

Snowflake

Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.

Intrawest Resorts

Long Ideas

News

Markets

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ALLY

Core Scientific, Inc. - Class A Common Stock

CORZ

RPRX

SNOW

Descubre por qué Jim Cramer respalda a Ally Financial y qué opinan los analistas sobre Snowflake, Royalty Pharma y Core Scientific.

Jim Cramer evalúa el futuro de Ally, Snowflake, Royalty Pharma y Core Scientific

Movers

Las acciones de Snowflake están en caída libre tras la salida de Berkshire Hathaway y la degradación de Wells Fargo. ¿Qué sigue?

Las acciones de Snowflake (SNOW) están cayendo el jueves: ¿qué está pasando?

Snowflake (SNOW) publicará sus ganancias la próxima semana. La expectativa de ingresos está en 849,7M$, y nueva alianza con TransUnion.

¿Qué está pasando con las acciones de Snowflake (SNOW) el lunes?

Snowflake Inc

Snow Lake Resources Ltd

Snowline Gold Corp

Financial giants have made a conspicuous bearish move on Snowflake. Our analysis of options history for Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) revealed 21 unusual trades.
Delving into the details, we found 42% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $63,042, and 19 were calls, valued at $977,972.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $55.0 and $200.0 for Snowflake, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Snowflake's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Snowflake's significant trades, within a strike price range of $55.0 to $200.0, over the past month.
<h3>Snowflake Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731510947_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$28.4</td>
<td>$27.45</td>
<td>$27.83</td>
<td>$120.00</td>
<td>$144.7K</td>
<td>273</td>
<td>68</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$17.4</td>
<td>$16.95</td>
<td>$16.95</td>
<td>$120.00</td>
<td>$84.7K</td>
<td>3.1K</td>
<td>159</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$3.7</td>
<td>$3.6</td>
<td>$3.65</td>
<td>$150.00</td>
<td>$73.0K</td>
<td>432</td>
<td>2.1K</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$11.1</td>
<td>$11.05</td>
<td>$11.05</td>
<td>$130.00</td>
<td>$64.0K</td>
<td>4.0K</td>
<td>1.4K</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$6.35</td>
<td>$6.3</td>
<td>$6.3</td>
<td>$170.00</td>
<td>$63.0K</td>
<td>9.7K</td>
<td>272</td>
</tr>
</tbody>
</table>

<h3>About Snowflake</h3>
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
In light of the recent options history for Snowflake, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Snowflake Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 1,999,687, with SNOW's price up by 4.39%, positioned at $130.97.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 7 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Snowflake options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Snowflake Options Trading: A Deep Dive into Market Sentiment

U.S. prosecutors identified two hackers behind a massive AT&amp;T Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) <a href="https://www.benzinga.com/news/24/07/39746837/at-t-and-snowflake-stocks-slide-on-friday-whats-going-on" target="_blank" rel="noreferrer noopener">data breach</a>.
What Happened: The alleged hackers, Connor Moucka and John Binns, reportedly gained unauthorized access to AT&amp;T&#8217;s data systems hosted on cloud data platform Snowflake Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>).
Around 50 billion customer call and text records were stolen, TechCrunch <a href="https://techcrunch.com/2024/11/12/snowflake-hackers-identified-and-charged-with-stealing-50-billion-att-records/" target="_blank" rel="noreferrer noopener">reports</a>.
See Also: <a href="https://www.benzinga.com/markets/asia/24/10/41556817/trump-vances-phone-data-reportedly-compromised-by-chinese-cyber-group">Trump, Vance&#8217;s Phone Data Reportedly Compromised By Chinese Cyber Group</a>
The Department of Justice filed the indictment on Sunday, revealing the full scale of the data compromise.
Although the document refers to &#8220;Victim-2,&#8221; a major U.S. telecommunications company, the timeline and details align closely with AT&amp;T&#8217;s disclosures made in April. According to AT&amp;T&#8217;s statements, the breach exposed records such as call logs and text metadata.
Why It Matters: Prosecutors claim that Moucka and Binns successfully extorted at least three victims, demanding Bitcoin ransom payments worth approximately $2.5 million. 
The hackers allegedly targeted the compromised data over a year-long campaign in November 2023, when they demanded ransom from multiple companies.
Several other Snowflake customers, including Santander Bank and Ticketmaster, experienced similar breaches.
Hackers infiltrated these companies&#8217; Snowflake-hosted data, extracting susceptible personal and corporate information. Reports indicate that the stolen data encompassed social security numbers, driver&#8217;s licenses, and banking information.
Moucka was apprehended in Canada last week. Binns had previously been detained in Turkey. Their arrest comes after months of investigation into a string of cyberattacks affecting U.S. companies through Snowflake&#8217;s data platform.
In the aftermath, AT&amp;T reportedly paid a ransom of $370,000 to secure the deletion of stolen records. In August, Snowflake CEO Sridhar Ramaswamy stated that Snowflake&#8217;s <a href="https://www.benzinga.com/markets/equities/24/08/40498552/snowflake-ceo-downplays-cyberattack-impact-amid-8-stock-drop-after-q2-earnings-report-not-really" target="_blank" rel="noreferrer noopener">core business remains</a> unaffected by the recent cyberattack despite a dip in stock prices. Ramaswamy clarified the breach stemmed from weak customer security measures, not flaws in Snowflake&#8217;s platform, impacting clients like AT&amp;T and Live Nation.
Price Action: AT&amp;T gained over 28% year-to-date. The stock closed lower by 0.72% at $22.15 on Tuesday. Snowflake closed higher by 1.59%.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/media/24/11/41927913/amazon-confirms-vendor-data-breach-affecting-2-8m-employee-contacts-adds-to-growing-list-of-moveit-hack-victims">Amazon Confirms Vendor Data Breach Affecting 2.8M+ Employee Contacts, Adds To Growing List Of MOVEit Hack Victims</a></li>
</ul>
Image: Shutterstock

AT&T Data Breach Exposes 50 Billion Records: Hackers Identified, Ransom Paid

Intuitive Surgical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) is a &#8220;fantastic company with an expensive stock,&#8221; <a href="https://www.benzinga.com/topic/jim-cramer">according to CNBC's Jim Cramer</a>.
On Oct. 17, Intuitive Surgical reported third-quarter revenue of $2.04 billion, beating the consensus estimate of $2 billion.
During the latest edition of &#8220;<a href="https://www.benzinga.com/topic/mad-money-lightning-round">Mad Money Lightning Round</a>,&#8221; Cramer said Energy Transfer LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>) <a href="https://www.benzinga.com/quote/ET/earnings">is a buy</a>.
Energy Transfer reported quarterly earnings of 32 cents per share which missed the analyst consensus estimate of 37 cents per share. The company reported quarterly sales of $20.772 billion which missed the analyst consensus estimate of $22.297 billion.
&#8220;Let it ride,&#8221; Cramer said when asked about T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>).
On Oct. 23, T-Mobile reported quarterly earnings of $2.61 per share, which beat the analyst consensus estimate of $2.41 per share.
Cramer recommended buying Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>). &#8220;I think it still works higher,&#8221; he added.
On Nov. 4, Constellation Energy reported third-quarter results and revised its FY24 adjusted EPS guidance, which is below estimates.
When asked about International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), he said, &#8220;I think we can hold it.&#8221;
On Oct. 23, IBM reported third-quarter revenue of $14.968 billion, missing the consensus estimate of $15.07 billion, according to Benzinga Pro.
The Mad Money host said he is not recommending Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>). &#8220;I think they have a lot of companies that are up against them,&#8221; he noted.
On Nov. 11, Keybanc analyst Eric Heath maintained Snowflake with an Overweight and lowered the price target from $168 to $150.
Price Action:
<ul>
<li>Energy Transfer shares fell 1.1% to settle at $17.05 on Tuesday.</li>
<li>Intuitive Surgical shares gained 0.3% to close at $537.07.</li>
<li>T-Mobile shares rose 0.3% to close at $239.00 on Tuesday.</li>
<li>Constellation Energy shares fell 3.6% to settle at $228.70 during the session.</li>
<li>IBM shares fell 0.5% to close at $210.86 on Tuesday.</li>
<li>Snowflake shares gained 1.6% to settle at $125.46.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/41899303/top-3-tech-and-telecom-stocks-which-could-rescue-your-portfolio-in-q4">Top 3 Tech And Telecom Stocks Which Could Rescue Your Portfolio In Q4</a></li>
</ul>
Courtesy of Intuitive Surgical

ISRG

TMUS

Jim Cramer Says Intuitive Surgical Is A 'Fantastic, Expensive Company'

Keybanc analyst Eric Heath maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Overweight and lowers the price target from $168 to $150.

Price Target

Analyst Ratings

Keybanc Maintains Overweight on Snowflake, Lowers Price Target to $150

<h2 class="wp-block-heading">Semiconductor Wafer Shipments To China&nbsp;</h2>
The Department of Commerce's Bureau of Industry and Security (BIS) imposed a <a href="https://www.bis.gov/press-release/bis-imposes-500000-mitigated-penalty-against-globalfoundries-74-shipments-entity">civil penalty </a>of $500,000 against GlobalFoundries Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>) last Friday. The penalty is related to shipments of <a href="https://www.benzinga.com/government/24/11/41811866/taiwan-semi-and-globalfoundries-finalize-major-us-funding-deals-eye-growth-in-chip-manufacturing">semiconductor wafers</a> valued at approximately $17.1 million to SJ Semiconductor, a China-based company on the BIS Entity List. 
The BIS said GlobalFoundries voluntarily disclosed the shipments and cooperated with the investigation which led to the significantly reduced fine.&nbsp;
"We want U.S. companies to be hypervigilant when sending semiconductor materials to Chinese parties," said Assistant Secretary for Export Enforcement Matthew S. Axelrod. "And when, as here, that vigilance falls short and semiconductor materials have gone where they shouldn't, we want companies to make voluntary disclosures, remediate, and cooperate with us."
Read Next: <a href="https://www.benzinga.com/news/24/11/41781921/what-does-trumps-victory-mean-for-ev-giant-tesla-and-the-big-3-automakers">What Does Trump&#8217;s Victory Mean For EV Giant Tesla And The Big 3 Automakers?</a>
<h2 class="wp-block-heading">FTC Sues Online Cash Advance Company Dave&nbsp;</h2>
The Federal Trade Commission announced on Tuesday that it is<a href="https://www.ftc.gov/news-events/news/press-releases/2024/11/ftc-takes-action-against-online-cash-advance-app-dave-deceiving-consumers-charging-undisclosed-fees"> taking action</a> against Dave, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAVE#NASDAQ">DAVE</a>) for allegedly using misleading marketing to deceive consumers, charging undisclosed fees and charging so-called "tips" without users' consent. 
"Dave lured in consumers living paycheck-to-paycheck with false claims of big-dollar advances, then reached into their pockets to give itself a so-called ‘tip,'" said Samuel Levine, Director of the FTC's Bureau of Consumer Protection.&nbsp;
"Whether the products are called cash advances, payday loans, or something else, the FTC will take action to protect consumers from unauthorized charges and deceptive claims," Levine added.&nbsp;
The FTC said Dave reported receiving more than $149 million <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41820744/9-stocks-to-watch-financial-sector-outshines-tech-in-2024-as-trump-trade-sparks-m-a">in revenue </a>from these so-called "tips" alone from 2022 through the first half of 2024.
<h2 class="wp-block-heading">Alleged Snowflake Hacker Arrested</h2>
According to a Bloomberg<a href="https://news.bloomberglaw.com/us-law-week/hacker-said-to-be-behind-breach-of-snowflake-customers-arrested"> report</a>, the alleged hacker behind a string of cyberattacks involving as many as 165 customers of Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) has been arrested in Canada, according to people familiar with the matter. 
The cyberattacks hit many of Snowflake's <a href="https://www.benzinga.com/news/24/06/39208037/snowflake-hit-with-data-breach-whats-going-on">major clients</a>, including Santander Bank and Ticketmaster. The hacker claimed to have stolen hundreds of millions of customer records, and Australian authorities confirmed successful compromises of several companies using Snowflake.&nbsp;
Alexander "Connor" Moucka was taken into custody on a provisional arrest warrant on Oct. 30 following a request from the US, according to Canada's Department of Justice. The exact charges against Moucka remain unknown.&nbsp;
"As extradition requests are considered confidential state-to-state communications, we cannot comment further on this case," said Ian McLeod, spokesperson for Canada's Department of Justice, as reported by Bloomberg.&nbsp;
Read More:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/general/biotech/24/11/41822473/trumps-potential-health-czar-robert-f-kennedy-jr-rattles-vaccine-stocks-shoot-first-reaction">Trump&#8217;s Potential &#8216;Health Czar&#8217; Robert F. Kennedy Jr. Rattles Vaccine Stocks: &#8216;Shoot First Reaction&#8217;</a></li>
</ul>
Image: Shutterstock

Fintech news covering the emerging Financial Technology services sector

Fintech

Legal

DAVE

Financial Crime Weekly: Alleged Snowflake Hacker Arrested, Banned China Chip Shipments, Payday Advance Company Sued

Monness, Crespi, Hardt analyst Brian White upgrades Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) from Neutral to Buy and announces $140 price target.

Upgrades

Monness, Crespi, Hardt Upgrades Snowflake to Buy, Announces $140 Price Target

Financial giants have made a conspicuous bearish move on Snowflake. Our analysis of options history for Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) revealed 55 unusual trades.
Delving into the details, we found 36% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 30 were puts, with a value of $2,528,412, and 25 were calls, valued at $1,600,527.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $90.0 to $180.0 for Snowflake over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Snowflake's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Snowflake's whale trades within a strike price range from $90.0 to $180.0 in the last 30 days. 
<h3>Snowflake Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730753122_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SNOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$73.65</td>
<td>$70.8</td>
<td>$72.0</td>
<td>$180.00</td>
<td>$1.2M</td>
<td>0</td>
<td style="text-align: right;">170</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$8.15</td>
<td>$8.0</td>
<td>$8.0</td>
<td>$130.00</td>
<td>$199.2K</td>
<td>557</td>
<td style="text-align: right;">261</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$9.4</td>
<td>$9.05</td>
<td>$9.05</td>
<td>$150.00</td>
<td>$179.1K</td>
<td>917</td>
<td style="text-align: right;">248</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$10.3</td>
<td>$10.15</td>
<td>$10.22</td>
<td>$115.00</td>
<td>$102.8K</td>
<td>1.0K</td>
<td style="text-align: right;">335</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$12.15</td>
<td>$12.1</td>
<td>$12.1</td>
<td>$115.00</td>
<td>$84.7K</td>
<td>1.5K</td>
<td style="text-align: right;">241</td>
</tr>
</tbody>
</table>

<h3>About Snowflake</h3>
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
Having examined the options trading patterns of Snowflake, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Snowflake</h3>
<ul>
<li>With a volume of 2,219,035, the price of SNOW is down -1.1% at $114.22. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 16 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Snowflake with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

This Is What Whales Are Betting On Snowflake

Whales with a lot of money to spend have taken a noticeably bearish stance on Snowflake.
Looking at options history for Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 11% of the investors opened trades with bullish expectations and 66% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $259,256 and 4, calls, for a total amount of $377,858.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $85.0 to $165.0 for Snowflake over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Snowflake's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Snowflake's substantial trades, within a strike price spectrum from $85.0 to $165.0 over the preceding 30 days.
<h3>Snowflake Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729866647_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/08/24</td>
<td>$22.6</td>
<td>$22.1</td>
<td>$22.1</td>
<td>$95.00</td>
<td>$221.0K</td>
<td>0</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>SNOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$9.05</td>
<td>$9.0</td>
<td>$9.05</td>
<td>$115.00</td>
<td>$105.8K</td>
<td>2.7K</td>
<td style="text-align: right;">135</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>02/21/25</td>
<td>$14.9</td>
<td>$14.6</td>
<td>$14.72</td>
<td>$115.00</td>
<td>$79.5K</td>
<td>259</td>
<td style="text-align: right;">56</td>
</tr>
<tr>
<td>SNOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$54.7</td>
<td>$54.6</td>
<td>$54.7</td>
<td>$165.00</td>
<td>$65.6K</td>
<td>95</td>
<td style="text-align: right;">12</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$4.3</td>
<td>$4.2</td>
<td>$4.2</td>
<td>$160.00</td>
<td>$46.2K</td>
<td>2.4K</td>
<td style="text-align: right;">134</td>
</tr>
</tbody>
</table>

<h3>About Snowflake</h3>
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
After a thorough review of the options trading surrounding Snowflake, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Snowflake Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 518,636, with SNOW's price up by 1.53%, positioned at $116.68.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 33 days.</li>
</ul>
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Smart Money Is Betting Big In SNOW Options

Zero Copy integration links data-rich insights with operational actions, using Snowflake's powerful enterprise AI platform to trigger ServiceNow workflows
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.servicenow.com%2F&amp;esheet=54141318&amp;newsitemid=20241023747758&amp;lan=en-US&amp;anchor=ServiceNow&amp;index=1&amp;md5=45c132adf17fb80fe3dc38ee1f02d03d">ServiceNow</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>), the AI platform for business transformation, and <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.snowflake.com%2Fen%2F&amp;esheet=54141318&amp;newsitemid=20241023747758&amp;lan=en-US&amp;anchor=Snowflake&amp;index=2&amp;md5=b479a6c680f3d0a92ba9cc66b60cf71a">Snowflake</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), the AI Data Cloud company, today announced a Zero Copy partnership that connects enterprise-wide data to help solve mission-critical problems at scale. The Zero Copy integration will leverage Snowflake's powerful enterprise AI platform to allow customers to trigger ServiceNow workflows directly from Snowflake. It will also support integrated, bi-directional Zero Copy data sharing between Snowflake and ServiceNow. By linking data-rich insights with operational actions, customers can increase decision speed and enterprise agility without the need to move data. Snowflake is already powering AI and data experiences for several hundred businesses across financial services, media, public sector, retail and telecom with the <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fapp.snowflake.com%2Fmarketplace%2Flisting%2FGZSTZTP0KL1%2Fsnowflake-snowflake-connector-for-servicenow&amp;esheet=54141318&amp;newsitemid=20241023747758&amp;lan=en-US&amp;anchor=Snowflake+Connector&amp;index=3&amp;md5=dc0e4326be68a16d503ef8fcec35d2ed">Snowflake Connector</a> and will continue to expand on this customer value with the ServiceNow Spoke integration that is coming soon. This Zero Copy partnership will also extend this platform integration, which will further customers' ability to connect, understand, and leverage enterprise data assets for deeper business value.

ServiceNow And Snowflake Partner On Zero Copy Integration, Connecting Enterprise-Wide Data To Help Solve Mission-Critical Problems At Scale

In the last three months, 28 analysts have published ratings on Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), offering a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">12</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">10</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">10</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $162.82, a high estimate of $200.00, and a low estimate of $121.00. A decline of 15.69% from the prior average price target is evident in the current average. 
<img src="https://www.benzinga.com/files/images/story/2024/1729612830_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Snowflake. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Gil Luria</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Buy</td>
<td>$175.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Maintains</td>
<td>Buy</td>
<td>$180.00</td>
<td>$180.00</td>
</tr>
<tr>
<td>Karl Keirstead</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$125.00</td>
<td>$155.00</td>
</tr>
<tr>
<td>Stephen Bersey</td>
<td>HSBC</td>
<td>Announces</td>
<td>Hold</td>
<td>$121.00</td>
<td>-</td>
</tr>
<tr>
<td>Brent Thill</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$145.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Patrick Colville</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Outperform</td>
<td>$165.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Taz Koujalgi</td>
<td>Wedbush</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$140.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$125.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$142.00</td>
<td>$146.00</td>
</tr>
<tr>
<td>Gil Luria</td>
<td>DA Davidson</td>
<td>Lowers</td>
<td>Buy</td>
<td>$175.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>David Hynes</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Buy</td>
<td>$190.00</td>
<td>$215.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Maintains</td>
<td>Equal-Weight</td>
<td>$175.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Lowers</td>
<td>Buy</td>
<td>$180.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>William Power</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$152.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Mike Cikos</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$160.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Joe Goodwin</td>
<td>JMP Securities</td>
<td>Lowers</td>
<td>Market Outperform</td>
<td>$190.00</td>
<td>$235.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$165.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Mark Schappel</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Buy</td>
<td>$185.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$200.00</td>
<td>$236.00</td>
</tr>
<tr>
<td>William Power</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$165.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Brad Reback</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$168.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Kirk Materne</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$170.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Karl Keirstead</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$155.00</td>
<td>$171.00</td>
</tr>
<tr>
<td>J. Derrick Wood</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$180.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$146.00</td>
<td>$191.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Maintains</td>
<td>Buy</td>
<td>$195.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Bradley Sills</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$160.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$130.00</td>
<td>$200.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Snowflake. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Snowflake compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Snowflake's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Snowflake's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/SNOW/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Snowflake analyst ratings.</a>
<h2>Unveiling the Story Behind Snowflake</h2>
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
<h3>Snowflake's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Positive Revenue Trend: Examining Snowflake's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 28.9% as of 31 July, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Snowflake's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -36.47%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -7.3%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Snowflake's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -4.45%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.08, Snowflake adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What Analysts Are Saying About Snowflake Stock

Cleveland Research downgrades Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) from Buy to Neutral.

Downgrades

Cleveland Research Downgrades Snowflake to Neutral

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$138.00</td>
<td>$44.5K</td>
<td>127.9K</td>
<td>175.5K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$220.00</td>
<td>$82.5K</td>
<td>2.7K</td>
<td>22.6K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$237.50</td>
<td>$45.0K</td>
<td>1.8K</td>
<td>8.1K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$155.00</td>
<td>$30.1K</td>
<td>10.5K</td>
<td>7.2K</td>
</tr>
<tr>
<td>MSFT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$420.00</td>
<td>$26.0K</td>
<td>5.2K</td>
<td>1.9K</td>
</tr>
<tr>
<td>AMAT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$195.00</td>
<td>$99.0K</td>
<td>5.3K</td>
<td>1.9K</td>
</tr>
<tr>
<td>QCOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$170.00</td>
<td>$29.6K</td>
<td>810</td>
<td>895</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$200.00</td>
<td>$27.9K</td>
<td>1.1K</td>
<td>780</td>
</tr>
<tr>
<td>GWRE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$165.00</td>
<td>$37.2K</td>
<td>677</td>
<td>350</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$120.00</td>
<td>$29.2K</td>
<td>4.3K</td>
<td>340</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 1485 contract(s) at a $138.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $44.5K, with a price of $30.0 per contract. There were 127937 open contracts at this strike prior to today, and today 175511 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on October 25, 2024. Parties traded 100 contract(s) at a $220.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $82.5K, with a price of $825.0 per contract. There were 2742 open contracts at this strike prior to today, and today 22668 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a put option trade that happens to be neutral, is expiring today. Parties traded 200 contract(s) at a $237.50 strike. The total cost received by the writing party (or parties) was $45.0K, with a price of $225.0 per contract. There were 1846 open contracts at this strike prior to today, and today 8184 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 200 contract(s) at a $155.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $30.1K, with a price of $150.0 per contract. There were 10575 open contracts at this strike prior to today, and today 7292 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 95 contract(s) at a $420.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $273.0 per contract. There were 5213 open contracts at this strike prior to today, and today 1987 contract(s) were bought and sold. 
• For AMAT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>), we notice a put option trade that happens to be bearish, is expiring today. Parties traded 100 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $99.0K, with a price of $990.0 per contract. There were 5341 open contracts at this strike prior to today, and today 1973 contract(s) were bought and sold. 
• For QCOM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), we notice a call option sweep that happens to be bullish, expiring in 7 day(s) on October 25, 2024. This event was a transfer of 100 contract(s) at a $170.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.6K, with a price of $296.0 per contract. There were 810 open contracts at this strike prior to today, and today 895 contract(s) were bought and sold. 
• For TXN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), we notice a call option sweep that happens to be bearish, expiring in 28 day(s) on November 15, 2024. This event was a transfer of 43 contract(s) at a $200.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $650.0 per contract. There were 1159 open contracts at this strike prior to today, and today 780 contract(s) were bought and sold. 
• For GWRE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWRE#NYSE">GWRE</a>), we notice a call option trade that happens to be bullish, is expiring today. Parties traded 15 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $37.2K, with a price of $2480.0 per contract. There were 677 open contracts at this strike prior to today, and today 350 contract(s) were bought and sold. 
• For SNOW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), we notice a call option sweep that happens to be bearish, expiring in 28 day(s) on November 15, 2024. This event was a transfer of 50 contract(s) at a $120.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $585.0 per contract. There were 4367 open contracts at this strike prior to today, and today 340 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AAPL

AMAT

GWRE

MSFT

MSTR

NVDA

QCOM

10 Information Technology Stocks Whale Activity In Today's Session

Goldman Sachs identified 20 stocks with high short interest that could be primed for a short squeeze, particularly if upcoming earnings reports exceed expectations, <a href="https://www.benzinga.com/short-interest/most-shorted">providing opportunities for traders</a>. 
In a note shared this week, analyst John Marshall and his team saw the potential for substantial upside for this group of stocks if the current trend of short-covering continues.
<h3 class="wp-block-heading">What Is A Short Squeeze?</h3>
A short squeeze happens when a stock with high short interest sees a rapid price surge, forcing short sellers to buy back shares to cover their positions. This buying frenzy often propels the stock price even higher. 
Short sellers bet that the price of a stock will fall, borrowing shares to sell them at the current price with the intent of repurchasing them at a lower price. 
When a stock rises instead, short sellers scramble to cover their positions, accelerating the stock&#8217;s upward momentum.
Short squeezes typically occur when heavily shorted stocks see unexpected positive news or earnings results, triggering forced buying.
<h3 class="wp-block-heading">Relief Rallies On Earnings</h3>
Goldman analysts also highlighted that heavily shorted stocks tend to be more prone to &#8220;relief rallies&#8221; around earnings. 
A relief rally occurs when stocks perform better than expected after earnings, alleviating bearish concerns and pushing share prices higher.
"We see greater than normal potential for relief rallies on earnings," said Marshall.
The Goldman Sachs team screened for 20 stocks with high short interest, liquid options, upcoming earnings, and a Buy rating from their equity research department.
Analysts at Goldman Sachs recommend to buy call options in order to bet on a potential short squeeze. 
Call options give investors the right, but not the obligation, to buy a stock at a specific price within a set timeframe. This strategy limits risk while allowing for participation in any significant price increases due to a short squeeze or positive earnings surprise.
See Also: <a href="https://www.benzinga.com/markets/24/10/41302909/18-stocks-to-buy-7-to-sell-this-earnings-season-goldman-sachs-calls-it-the-year-of-the-stock-picker">18 Stocks To Buy, 7 To Sell This Earnings Season: Goldman Sachs Calls It &#8216;The Year Of The Stock Picker&#8217;</a>
<h3 class="wp-block-heading">Goldman Sachs Names 20 Stocks Primed For Short-Squeeze Rallies</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Earnings Date</th>
<th>Short Interest (% of Float)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Chewy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>)</td>
<td>Dec 4 (After Market Close)</td>
<td>10.7%</td>
</tr>
<tr>
<td>Enphase Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>)</td>
<td>Oct 22 (AMC)</td>
<td>10.6%</td>
</tr>
<tr>
<td>Moderna Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>)</td>
<td>Oct 31 (Before Market Open)</td>
<td>9.1%</td>
</tr>
<tr>
<td>Affirm Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>)</td>
<td>Nov 6 (AMC)</td>
<td>8.4%</td>
</tr>
<tr>
<td>Dick&#8217;s Sporting Goods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>)</td>
<td>Nov 19 (BMO)</td>
<td>7.6%</td>
</tr>
<tr>
<td>Best Buy Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>)</td>
<td>Nov 19 (BMO)</td>
<td>7.1%</td>
</tr>
<tr>
<td>TKO Group Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKO#NYSE">TKO</a>)</td>
<td>Nov 6 (AMC)</td>
<td>6.8%</td>
</tr>
<tr>
<td>Dollar Tree Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>)</td>
<td>Nov 27 (BMO)</td>
<td>5.8%</td>
</tr>
<tr>
<td>ON Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>)</td>
<td>Oct 28 (BMO)</td>
<td>5.6%</td>
</tr>
<tr>
<td>Apollo Global Management Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>)</td>
<td>Nov 5 (BMO)</td>
<td>5.5%</td>
</tr>
<tr>
<td>DraftKings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>)</td>
<td>Oct 31 (AMC)</td>
<td>5.3%</td>
</tr>
<tr>
<td>Expedia Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>)</td>
<td>Nov 7 (AMC)</td>
<td>5.2%</td>
</tr>
<tr>
<td>Vertiv Holdings Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>)</td>
<td>Oct 23 (BMO)</td>
<td>5.2%</td>
</tr>
<tr>
<td>Royal Caribbean Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>)</td>
<td>Oct 29 (BMO)</td>
<td>4.9%</td>
</tr>
<tr>
<td>First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>)</td>
<td>Oct 29 (AMC)</td>
<td>4.8%</td>
</tr>
<tr>
<td>MongoDB Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>)</td>
<td>Dec 3 (BMO)</td>
<td>4.7%</td>
</tr>
<tr>
<td>Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>)</td>
<td>Nov 25 (AMC)</td>
<td>4.7%</td>
</tr>
<tr>
<td>Generac Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>)</td>
<td>Oct 30 (BMO)</td>
<td>4.7%</td>
</tr>
<tr>
<td>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>)</td>
<td>Nov 27 (AMC)</td>
<td>4.5%</td>
</tr>
<tr>
<td>CrowdStrike Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>)</td>
<td>Nov 26 (AMC)</td>
<td>4.4%</td>
</tr>
</tbody>
</table>
</figure>
Read Now:
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Image: Shutterstock

Analyst Color

Earnings

Equities

Large Cap

Mid Cap

Tech

AFRM

CHWY

CRWD

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GNRC

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Goldman Sachs Highlights 20 Top Short-Squeeze Opportunities For Q3 Earnings Season

Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) inked a <a target="_blank" href="https://www.prnewswire.com/in/news-releases/databricks-strengthens-partnership-with-aws-to-deliver-advanced-generative-ai-capabilities-302274201.html" rel="noreferrer noopener">five-year deal</a> with data and AI startup Databricks to provide businesses with cost-effective AI-building capabilities. The financial terms of the contract remain undisclosed.
The partnership centers around Amazon&#8217;s Trainium AI chips, which offer a less expensive alternative to Nvidia Corp&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) popular GPUs for companies looking to customize or build their AI models.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40800539/amazon-and-oracle-partnership-unlocks-major-cloud-growth-opportunity-analyst-suggests" rel="noreferrer noopener">Amazon and Oracle Partnership Unlocks Major Cloud Growth Opportunity, Analyst Suggests</a>
Databricks proposed to pass on the savings from using Amazon&#8217;s chips to customers to break into Nvidia&#8217;s moat.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/15095141/newplot-1-3.png" alt="" class="wp-image-596232" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/15095141/newplot-1-3.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/15095141/newplot-1-3-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Databricks customers include W.W. Grainger, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>) and the car-shopping site Edmunds.com. Both companies are eying the enterprise AI space intensifying rivalry with Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Snowflake Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>).
Databricks, valued at $43 billion as of 2023, is already deeply involved in the AI market, having acquired AI startup MosaicML for $1.3 billion.
Databricks&#8217; existing partnership with Amazon allows customers to access its data services through Amazon Web Services (AWS).
As part of the agreement, Databricks will also increase its use of Nvidia GPUs rented through AWS. According to Naveen Rao of Databricks, AWS has generated more than $1 billion in revenue for Databricks and remains the company&#8217;s fastest-growing cloud partner.
Rao of Databricks told the WSJ that the collaboration with Amazon allows Databricks to pass cost savings to customers by leveraging Amazon&#8217;s AI chips.
Dave Brown of Amazon Web Services told the WSJ that Amazon&#8217;s Trainium chips, specifically designed for AI tasks, can help businesses cut their AI development costs by up to 40%.
Amazon stock is up over 41% in the last 12 months. Nvidia is up 195% thanks to the AI wave.
JMP Securities analyst&nbsp;Nicholas Jones expects Amazon AWS to outpace Microsoft Azure, <a target="_blank" href="https://www.benzinga.com/news/24/07/40076014/amazons-aws-growth-expected-to-outpace-microsoft-azure-analyst-optimistic" rel="noreferrer noopener">citing the latter&#8217;s</a> softness in some European geographies and capacity constraints.
Scotiabank&#8216;s Nat Schindler and JP Morgan&#8216;s Doug Anmuth flagged AWS AI&#8217;s <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41297538/amazons-ai-driven-aws-growth-to-power-outperformance-analysts" rel="noreferrer noopener">focus on providing</a> flexible, cost-effective AI solutions, positioning it as a critical partner for companies leveraging AI.
Price Actions: AMZN stock is down 1.34% to $185.52 at the last check on Tuesday.
Also Read:
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<li><a href="https://www.benzinga.com/news/24/10/41169322/amazons-profitable-essential-merchandise-efficiency-gains-set-to-drive-growth-analyst" target="_blank" rel="noreferrer noopener">Amazon&#8217;s Profitable Essential Merchandise, Efficiency Gains Set To Drive Growth: Analyst</a></li>
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AMZN

Amazon Strikes at Nvidia's Stronghold Through Databricks Deal, Cutting AI Costs by 40%

As the third-quarter earnings season approaches, Goldman Sachs has issued a note identifying key stock opportunities for investors looking to profit <a href="https://www.benzinga.com/news/earnings/24/10/41255250/banks-gear-up-for-earnings-season-15-top-stock-picks-including-citigroup-morgan-stanley-and-truist">from financial results.</a>
Analyst John Marshall and his team shared their insights on Thursday, highlighting 18 stocks that could benefit from upward earnings revisions and seven stocks likely to face downward revisions.
<h3 class="wp-block-heading">The &#8216;Stock Picker&#8217;s Year&#8217;: 10% Upside In S&amp;P 500</h3>
Goldman Sachs analysts call 2024 "the year of the stock picker," emphasizing the importance of selective investing in a volatile earnings environment.
According to the investment bank&#8217;s latest projections, the average S&amp;P 500 stock could see a 10% upside over the next 12 months. 
"We see relief rally potential," Marshall stated in his note. "Directional positioning in the options market is balanced, a much better set-up than this time last quarter."
The analysts also observed that activity in options markets, both from hedge funds and retail traders, has decreased recently, signaling a "wait-and-see" approach as investors prepare for third-quarter earnings reports and the upcoming U.S. elections.
<h3 class="wp-block-heading">Earnings Season Volatility Remains Elevated</h3>
Goldman Sachs highlighted that single-stock volatility surrounding earnings events remains at a 14-year high. 
This trend, driven by critical market debates on topics like artificial intelligence, interest rates, and the upcoming election, is expected to continue through the remainder of the year.
&#8220;We expect earnings day moves to remain elevated as most of the key debates for the market have winners and losers in the equity space,&#8221; the note added. 
With this heightened volatility, the firm continues to recommend options-based strategies, advising investors to consider buying options ahead of earnings events and selling options between earnings periods to capitalize on price movements.
<h3 class="wp-block-heading">18 Stocks Goldman Sachs Is Bullish On For Third-Quarter Earnings</h3>
Goldman Sachs&#8217; analysts have identified 18 stocks they believe are primed for upside as earnings revisions could be favorable. These stocks span a variety of sectors, from energy and financials to healthcare and technology.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Sector</th>
<th>Earnings Date (e)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Gap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>)</td>
<td>Discretionary</td>
<td>Nov. 15</td>
</tr>
<tr>
<td>Permian Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PR#NYSE">PR</a>)</td>
<td>Energy</td>
<td>Nov. 7</td>
</tr>
<tr>
<td>Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>)</td>
<td>Financials</td>
<td>Oct. 15</td>
</tr>
<tr>
<td>Synchrony Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>)</td>
<td>Financials</td>
<td>Oct. 16</td>
</tr>
<tr>
<td>Amgen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>)</td>
<td>Healthcare</td>
<td>Oct. 30</td>
</tr>
<tr>
<td>Boston Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>)</td>
<td>Healthcare</td>
<td>Oct. 23</td>
</tr>
<tr>
<td>Merck &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>)</td>
<td>Healthcare</td>
<td>Oct. 31</td>
</tr>
<tr>
<td>Qiagen NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QGEN#NYSE">QGEN</a>)</td>
<td>Healthcare</td>
<td>Oct. 30</td>
</tr>
<tr>
<td>AZEK Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZEK#NYSE">AZEK</a>)</td>
<td>Industrials</td>
<td>Nov. 29</td>
</tr>
<tr>
<td>ADT Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADT#NYSE">ADT</a>)</td>
<td>TMT</td>
<td>Nov. 1</td>
</tr>
<tr>
<td>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)</td>
<td>TMT</td>
<td>Dec. 6</td>
</tr>
<tr>
<td>Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>)</td>
<td>TMT</td>
<td>Nov. 25</td>
</tr>
<tr>
<td>Klaviyo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVYO#NYSE">KVYO</a>)</td>
<td>TMT</td>
<td>Nov. 7</td>
</tr>
<tr>
<td>Monday.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>)</td>
<td>TMT</td>
<td>Nov. 13</td>
</tr>
<tr>
<td>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>TMT</td>
<td>Nov. 21</td>
</tr>
<tr>
<td>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>)</td>
<td>TMT</td>
<td>Nov. 29</td>
</tr>
<tr>
<td>Toast Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>)</td>
<td>TMT</td>
<td>Nov. 7</td>
</tr>
<tr>
<td>Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>)</td>
<td>Utilities</td>
<td>Nov. 4</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">7 Stocks Goldman Sachs Is Bearish On For Third-Quarter Earnings</h3>
In contrast, the investment bank has identified seven stocks that they expect to face downward earnings revisions in the third quarter, advising investors to exercise caution.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Sector</th>
<th>Earnings Date (e)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Choice Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>)</td>
<td>Discretionary</td>
<td>Nov. 7</td>
</tr>
<tr>
<td>Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CQP#NYSE">CQP</a>)</td>
<td>Energy</td>
<td>Nov. 1</td>
</tr>
<tr>
<td>Janus Henderson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHG#NYSE">JHG</a>)</td>
<td>Financials</td>
<td>Oct. 31</td>
</tr>
<tr>
<td>LyondellBasell (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>)</td>
<td>Materials</td>
<td>Nov. 1</td>
</tr>
<tr>
<td>Clorox Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLX#NYSE">CLX</a>)</td>
<td>Staples</td>
<td>Nov. 1</td>
</tr>
<tr>
<td>Kraft Heinz Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KHC#NASDAQ">KHC</a>)</td>
<td>Staples</td>
<td>Oct. 30</td>
</tr>
<tr>
<td>Upstart Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>)</td>
<td>TMT</td>
<td>Nov. 7</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41278012/feds-goolsbee-downplays-inflation-uptick-economists-hold-steady-on-november-rate-in">Fed&#8217;s Goolsbee Downplays Inflation Uptick, Economists Hold Steady On November Rate Interest Rate Cut Call</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

ETFs

AMGN

AVGO

AZEK

Janus Henderson Group plc Ordinary Shares

KVYO

MNDY

QGEN

TOST

UPST

18 Stocks To Buy, 7 To Sell This Earnings Season: Goldman Sachs Calls It 'The Year Of The Stock Picker'

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$135.00</td>
<td>$39.7K</td>
<td>78.6K</td>
<td>215.3K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$165.00</td>
<td>$29.2K</td>
<td>6.5K</td>
<td>21.4K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$45.00</td>
<td>$37.2K</td>
<td>19.2K</td>
<td>17.4K</td>
</tr>
<tr>
<td>ZM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$74.00</td>
<td>$39.7K</td>
<td>83</td>
<td>13.8K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$106.00</td>
<td>$25.6K</td>
<td>3.8K</td>
<td>8.9K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$65.00</td>
<td>$34.4K</td>
<td>2.2K</td>
<td>3.1K</td>
</tr>
<tr>
<td>FIVN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$40.00</td>
<td>$49.1K</td>
<td>84</td>
<td>2.5K</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$130.00</td>
<td>$26.1K</td>
<td>3.8K</td>
<td>2.0K</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$23.50</td>
<td>$46.0K</td>
<td>4.8K</td>
<td>1.8K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$415.00</td>
<td>$59.2K</td>
<td>3.7K</td>
<td>1.5K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on October 11, 2024. Parties traded 284 contract(s) at a $135.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $39.7K, with a price of $140.0 per contract. There were 78645 open contracts at this strike prior to today, and today 215392 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on October 11, 2024. Parties traded 117 contract(s) at a $165.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $250.0 per contract. There were 6528 open contracts at this strike prior to today, and today 21490 contract(s) were bought and sold. 
• Regarding PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on October 18, 2024. Parties traded 633 contract(s) at a $45.00 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $37.2K, with a price of $59.0 per contract. There were 19253 open contracts at this strike prior to today, and today 17445 contract(s) were bought and sold. 
• For ZM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>), we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on October 18, 2024. This event was a transfer of 984 contract(s) at a $74.00 strike. This particular call needed to be split into 66 different trades to become filled. The total cost received by the writing party (or parties) was $39.7K, with a price of $40.0 per contract. There were 83 open contracts at this strike prior to today, and today 13824 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a call option trade that happens to be bullish, expiring in 1 day(s) on October 11, 2024. This event was a transfer of 200 contract(s) at a $106.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $128.0 per contract. There were 3806 open contracts at this strike prior to today, and today 8992 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a call option sweep with bearish sentiment. It expires in 22 day(s) on November 1, 2024. Parties traded 983 contract(s) at a $65.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $34.4K, with a price of $35.0 per contract. There were 2264 open contracts at this strike prior to today, and today 3102 contract(s) were bought and sold. 
• Regarding FIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>), we observe a call option trade with neutral sentiment. It expires in 71 day(s) on December 20, 2024. Parties traded 546 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $49.1K, with a price of $90.0 per contract. There were 84 open contracts at this strike prior to today, and today 2513 contract(s) were bought and sold. 
• Regarding SNOW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), we observe a call option sweep with bearish sentiment. It expires in 36 day(s) on November 15, 2024. Parties traded 55 contract(s) at a $130.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $475.0 per contract. There were 3848 open contracts at this strike prior to today, and today 2023 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on October 18, 2024. Parties traded 590 contract(s) at a $23.50 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $46.0K, with a price of $78.0 per contract. There were 4807 open contracts at this strike prior to today, and today 1812 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on October 18, 2024. Parties traded 100 contract(s) at a $415.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $59.2K, with a price of $596.0 per contract. There were 3716 open contracts at this strike prior to today, and today 1551 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

FIVN

INTC

PLTR

SMCI

Investors with a lot of money to spend have taken a bullish stance on Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with SNOW, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 32 uncommon options trades for Snowflake.
This isn't normal.
The overall sentiment of these big-money traders is split between 53% bullish and 40%, bearish.
Out of all of the special options we uncovered, 5 are puts, for a total amount of $731,670, and 27 are calls, for a total amount of $1,202,852.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $85.0 to $160.0 for Snowflake over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Snowflake's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Snowflake's significant trades, within a strike price range of $85.0 to $160.0, over the past month.
<h3>Snowflake Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728492340_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SNOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$5.7</td>
<td>$5.55</td>
<td>$5.7</td>
<td>$85.00</td>
<td>$370.5K</td>
<td>2.6K</td>
<td>650</td>
</tr>
<tr>
<td>SNOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$7.9</td>
<td>$7.8</td>
<td>$7.8</td>
<td>$110.00</td>
<td>$156.0K</td>
<td>3.8K</td>
<td>214</td>
</tr>
<tr>
<td>SNOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$6.9</td>
<td>$6.75</td>
<td>$6.9</td>
<td>$95.00</td>
<td>$104.8K</td>
<td>14</td>
<td>153</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$0.77</td>
<td>$0.76</td>
<td>$0.77</td>
<td>$125.00</td>
<td>$80.4K</td>
<td>5.8K</td>
<td>1.3K</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$1.4</td>
<td>$1.32</td>
<td>$1.39</td>
<td>$120.00</td>
<td>$72.6K</td>
<td>5.0K</td>
<td>8.1K</td>
</tr>
</tbody>
</table>

<h3>About Snowflake</h3>
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
In light of the recent options history for Snowflake, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Snowflake</h3>
<ul>
<li>Currently trading with a volume of 4,881,211, the SNOW's price is up by 5.33%, now at $119.58. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 49 days.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Snowflake options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Behind the Scenes of Snowflake's Latest Options Trends

Snowflake's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) short percent of float has fallen 8.51% since its last report. The company recently reported that it has 11.50 million shares sold short, which is 3.55% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.69 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Snowflake Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728403216_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Snowflake has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Snowflake's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Snowflake's peer group average for short interest as a percentage of float is 6.47%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into Snowflake's Recent Short Interest

Investors with a lot of money to spend have taken a bearish stance on Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with SNOW, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 10 uncommon options trades for Snowflake.
This isn't normal.
The overall sentiment of these big-money traders is split between 40% bullish and 50%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $123,825, and 8 are calls, for a total amount of $553,947.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $100.0 and $150.0 for Snowflake, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Snowflake's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Snowflake's whale trades within a strike price range from $100.0 to $150.0 in the last 30 days. 
<h3>Snowflake Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728313294_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$13.3</td>
<td>$13.15</td>
<td>$13.3</td>
<td>$130.00</td>
<td>$281.9K</td>
<td>59</td>
<td style="text-align: right;">213</td>
</tr>
<tr>
<td>SNOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$46.95</td>
<td>$45.2</td>
<td>$45.2</td>
<td>$150.00</td>
<td>$67.8K</td>
<td>2.3K</td>
<td style="text-align: right;">15</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$5.1</td>
<td>$5.1</td>
<td>$5.1</td>
<td>$120.00</td>
<td>$62.2K</td>
<td>4.1K</td>
<td style="text-align: right;">276</td>
</tr>
<tr>
<td>SNOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$37.55</td>
<td>$36.7</td>
<td>$37.35</td>
<td>$150.00</td>
<td>$56.0K</td>
<td>2.0K</td>
<td style="text-align: right;">15</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$11.7</td>
<td>$11.45</td>
<td>$11.56</td>
<td>$115.00</td>
<td>$51.5K</td>
<td>1.1K</td>
<td style="text-align: right;">6</td>
</tr>
</tbody>
</table>

<h3>About Snowflake</h3>
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
Having examined the options trading patterns of Snowflake, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Snowflake's Current Market Status</h3>
<ul>
<li>With a trading volume of 916,782, the price of SNOW is up by 0.32%, reaching $115.08.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 51 days from now.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Snowflake with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Spotlight on Snowflake: Analyzing the Surge in Options Activity

DA Davidson analyst Gil Luria maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Buy and maintains $175 price target.

DA Davidson Maintains Buy on Snowflake, Maintains $175 Price Target

In a report released today, Eric Heath from KeyBanc maintained a Buy rating on Snowflake (SNOW – Research Report), with a price target of $150.00. ...

Snowflake (SNOW): New Buy Recommendation for This Technology Giant

KeyBanc analyst Eric Heath lowered the firm's price target on Snowflake (SNOW) to $150 from $168 to account for potential near-term headwinds to st...

Snowflake price target lowered to $150 from $168 at KeyBanc

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on ZoomInfo Technologies (ZI – Research Report), Snow...

Analysts Offer Insights on Technology Companies: ZoomInfo Technologies (ZI), Snowflake (SNOW) and Shopify (SHOP)

Analyst Keith Weiss from Morgan Stanley maintained a Hold rating on Snowflake (SNOW – Research Report) and keeping the price target at $175.00. Kei...

Snowflake's Strategic Shift: Opportunities and Risks Behind the Hold Rating

In a report released today, Brad Reback from Stifel Nicolaus maintained a Buy rating on Snowflake (SNOW – Research Report), with a price target of ...

Snowflake (SNOW) Receives a Buy from Stifel Nicolaus

Barclays analyst Raimo Lenschow maintained a Hold rating on Snowflake (SNOW – Research Report) today and set a price target of $142.00. The company...

Barclays Keeps Their Hold Rating on Snowflake (SNOW)

TD Cowen analyst Derrick Wood maintained a Buy rating on Snowflake (SNOW – Research Report) today and set a price target of $180.00. The company's ...

TD Cowen Keeps Their Buy Rating on Snowflake (SNOW)

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Snowflake (NYSE:<a href="https://investorplace.com/stock-quotes/snow-stock-quote/">SNOW</a>) just reported results for the second quarter of 2025.<ul><li>Snowflake reported earnings per share of 18 cents. This was above the analyst estimate for EPS of 16 cents.</li><li>The company reported revenue of $868.82 million.</li><li>This was 2.08% better than the analyst estimate for revenue of $851.16 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div>	
	The post <a href="https://investorplace.com/earning-results/2024/08/snow-stock-earnings-snowflake-for-q2-of-2025/">SNOW Stock Earnings: Snowflake Beats EPS, Beats Revenue for Q2 2025</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

SNOW Stock Earnings: Snowflake Beats EPS, Beats Revenue for Q2 2025

Evercore ISI analyst Kirk Materne maintained a Buy rating on Snowflake (SNOW – Research Report) today and set a price target of $170.00. The compan...

Evercore ISI Reaffirms Their Buy Rating on Snowflake (SNOW)

Palo Alto, Salesforce among stocks seeing price target raised at Mizuho ahead of earnings

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