9d agoInvesting.com MarketsNEUTRAL 50General
Tesla, Snowflake among market cap stock movers on Thursday
Tesla, Snowflake among market cap stock movers on Thursday
Archived explainer. For the current picture see today's SNOW page.
Why Is SNOWFLAKE INC A (SNOW) Stock Up Today?
By the Top Tier Newswire AI Desk · September 3, 2026 at 3:01 PM ET · reviewed against 126 wire stories
SNOWFLAKE INC A (SNOW) is up +18.24% in the latest session. Our newswire has captured 126 stories on SNOW across 26 sources in the last 36 hours, with AI sentiment reading bullish (avg 63/100).
Public view, delayed 4h. Every headline, price and sentiment read below — and this write-up itself — reaches Pro subscribers live. Public readers see it once it clears the delay.
Snowflake Inc A (SNOW) surged 18.24% to $361.62 on Thursday, driven by a strong second-quarter earnings report that highlighted accelerating product revenue growth and rising adoption of AI tools. The stock opened with a 23.8% gap up from the prior close and hit an intraday high of $384.56 before retreating. The move follows a broader market rally and a series of analyst upgrades that have raised price targets for the stock.
What Happened
Snowflake reported a blowout quarter, with enterprise adoption of its AI offerings fueling robust revenue growth. The stock’s performance came after it closed the session at $361.62, up from $305.84 the previous day. Analysts at multiple firms, including Scotiabank, Raymond James, and Piper Sandler, raised their price targets for Snowflake, with the highest new target set at $450. The stock also benefited from a broader market environment where the Federal Reserve signaled a potential pause in rate hikes, easing pressure on high-growth tech names. Meanwhile, Snowflake’s stock traded near its 52-week high of $341.95, having climbed from a range of $118.30 to $341.95 over the past year.
What The Data Shows
The session saw heavy volume of 11.6 million shares, 1.7 times the 3-month daily average. Options activity was also bullish, with $58.6 million in call premiums compared to $33.4 million in puts. The stock has gained 19.9% over the last eight sessions, rising from $311.16 to $373.15. On the fundamentals, Snowflake remains unprofitable with an EPS TTM of -3.51 and a net margin of -23.8%. However, revenue growth remains strong at 31.1% TTM. Insider transactions over the last 90 days totaled $431.1 million in sales, with no insider buys recorded.
What To Watch
Snowflake’s next major event will be its upcoming earnings report, but for now, investors are watching for continued analyst coverage and price target revisions. The stock is also under scrutiny for its ability to maintain its momentum amid a volatile market and high valuation.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
SNOW by the numbers
Last: $361.62Session: +18.24%7 sessions: +19.92%Coverage: 126 stories / 26 sourcesAI sentiment: 63/100 (bullish)Mkt cap: $110.8B52w: $118.30 to $341.95
The headlines behind the move
9d agoStocktwits NewsBULLISH 73Earnings
DELL, SNOW Stocks Extend Their Relentless Rallies – Here’s Why Wall Street Sees Further Upside
SNOW shares hit near five-year highs while DELL stock climbed to a record level as Wall Street raised targets after strong second-quarter performances.
9d agoInvesting.com MarketsBULLISH 56Earnings
Snowflake earnings analysis: questions answered and next catalysts
Snowflake earnings analysis: questions answered and next catalysts
9d agoCNBCNEUTRAL 50General
Stocks making the biggest moves midday: Tesla, Ciena, Meta, Snowflake, Ultragenyx Pharmaceutical & more
Here are some of the companies making headlines in midday trading.
9d agoYahoo TopBULLISH 78Earnings
Snowflake stock jumps as accelerating product revenue, AI adoption drive blowout quarter
Snowflake Inc (NYSE:SNOW) shares jumped more than 20% on Thursday following a blowout second-quarter earnings report, driven by accelerating product revenue growth and surging enterprise adoption of its AI offerings. Bank of America raised its price objective on the stock to $470 from $395,...
9d agoCNBCBULLISH 68Earnings
Snowflake surges on Q2 earnings: The Investment Committee's software strategy - cnbc.com
Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google News.
9d agoInvesting.com MarketsBULLISH 63General
Snowflake options flow leans bullish after 21.74% surge, but volatility crush signals consolidation ahead
Snowflake options flow leans bullish after 21.74% surge, but volatility crush signals consolidation ahead
9d agoMorningstarBULLISH 73Earnings
Snowflake's stock soars as the company blows away estimates with its AI-fueled forecast
Companies looking to build AI tools on top of their data are turning to Snowflake, driving robust revenue growth.
Want the next move before the crowd? The live terminal streams every headline in real time with watchlist alerts, AI sentiment, and the full data stack behind this page.Get Pro Access →
More on SNOW: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier SNOW move explainers: 2026-09-04 · 2026-09-03 · 2026-09-02 · 2026-08-31 · 2026-08-25