Is SNOW stock a buy after Snowflake’s guidance raise?

The guide lifts confidence, but the stock already prices in strong growth. We would treat SNOW stock as a long‑term growth position, sized modestly. Track product revenue, net retention, and AI workload wins each quarter. Consider staggered entries and respect technical signals if price loses support.

How do OpenAI Anthropic deals impact Snowflake’s revenue outlook?

These partnerships can drive more data, compute, and model‑adjacent workloads into Snowflake’s platform. That boosts product consumption, which is the key revenue driver. The record US$400 million deal and pipeline commentary suggest larger, multi‑year commitments. Investors should watch for concrete utilization metrics and customer case studies tied to these deployments.

What risks should Canadians watch with SNOW stock now?

Key risks include slower consumption growth, delayed AI projects, and valuation compression if execution lags. Currency swings can amplify gains or losses in CAD. GAAP profitability remains negative, so markets will scrutinize free cash flow and margins. Expect volatility around earnings updates and major AI partnership milestones.

What technical levels matter for SNOW stock in the near term?

RSI near 41 and an ADX around 29 reflect a cautious trend. Bollinger Bands sit near US$149.52 to US$205.26, with the middle band around US$177.39. A sustained close above the middle band would help the bull case, while a break below the lower band could invite further pressure.

Global Market Insights

SNOW Stock Today: February 26 — AI Deals Lift Guide, Shares Slip

ByHuzaifa Zahoor February 26, 2026February 26, 2026

SNOW stock is in focus for Canadian investors after Snowflake lifted its AI revenue guidance while shares fell about 3% after hours on February 26. Management now sees fiscal 2027 product revenue at US$5.66 billion versus US$5.50 billion consensus, and Q1 product revenue at US$1.26–1.27 billion versus US$1.23 billion. Executives pointed to major AI partnerships and a record US$400 million deal. With valuation and consumption trends under the microscope, we break down what this means for portfolios in Canada and how to approach SNOW now.