Snowflake Stock Analysis

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Snowflake Stock Analysis

Snowflake (Snow) Has Outperformed Nvidia

Everyone is talking about Nvidia, but there is one stock which has even crushed Nvidia. Yes, we are talking about Snowflake (SNOW), which is posting impressive results & has even outpaced Nvidia.

Snowflake (SNOW) is a data platform that's available as a cloud-only service. The platform allows customers to store data and then use it for analysis and processing. The Snowflake's services are available on Google Cloud, Azure, and even AWS (Amazon Web Services).

Snowflake Shares Price Up By 108%

The company allows its customers to use the AI tools to get insights from their data. Given the importance of data, it was only natural for a company like Snowflake (SNOW) to record massive growth.

That growth has also translated into the Snowflake (SNOW) share price and has allowed it to even outperform Nvidia.

The data also shows that Snowflake's revenue has increased by 32% y/y in the last quarter. A key reason for this increase in revenue is attributed to higher demand for Snowflake's AI solutions.

In the last year, Snowflake's share price has increased by almost 108%. That's way more than Nvidia's gain of 40% in the stock market.

In addition, experts believe that Snowflake can grow more easily as its RPO has also increased by 33% during the last quarter. Also, the product revenue during the fiscal year 2026 is expected to be $4.4 billion, which is a solid number.

Given all of this, it makes sense to think that Snowflake's share price can easily gain more upside in the long run. Also, the P/S ratio of Snowflake is only 19, while Nvidia's is around 30.

So, even the ratios such as the P/S showcase that Snowflake can easily gain more upside as compared to Nvidia. So, if you believe that it's too late to buy the Nvidia shares, then you can also consider Snowflake.

In fact, the chances of more upside in Snowflake are way higher than the Nvidia given the P/S ratio of both stocks.

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