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Snowflake (SNOW) Stock News

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Welcome to our dedicated page for Snowflake news (Ticker: SNOW), a resource for investors and traders seeking the latest updates and insights on Snowflake stock.

Snowflake Inc. develops the AI Data Cloud, a cloud-native platform used by enterprises to build, use and share data, applications and AI across governed data environments. Company news commonly covers financial results, product revenue trends, customer adoption, platform expansion and go-to-market execution.

Recurring updates include AI and data-product announcements tied to Snowflake Intelligence, Cortex Code and Project SnowWork; customer and industry research on generative and agentic AI; user-conference developments; and leadership changes affecting revenue, sales and governance roles. Snowflake’s disclosures also emphasize data sharing, interoperability, security and governance as operating themes within its enterprise software platform.

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Snowflake (NYSE: SNOW) has announced the launch of the Open Semantic Interchange (OSI), a groundbreaking open-source initiative in collaboration with industry leaders including Salesforce, BlackRock, dbt Labs, and RelationalAI. The initiative aims to create a universal semantic data framework that standardizes fragmented data definitions across platforms.

The OSI initiative addresses three key goals: enhancing interoperability across tools and platforms, accelerating AI and BI application adoption, and streamlining operations by reducing complexity. This vendor-neutral specification ensures consistent business logic across AI and business intelligence applications, enabling organizations to scale their AI implementations with greater confidence and speed.

The collaboration represents a significant shift from closed, single-vendor approaches toward an open, interoperable future, with a growing coalition of 17 industry partners including Alation, Atlan, Blue Yonder, Mistral AI, and ThoughtSpot joining the initiative.

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Snowflake (NYSE: SNOW) has been awarded Morgan Stanley's 2025 Strategic Partner of the Year during the firm's 23rd Tech Week reception. This recognition comes after a seven-year strategic partnership that has evolved from basic data warehousing to advanced AI-driven workloads.

Morgan Stanley utilizes Snowflake's platform across three key areas: security and governance, multi-cloud capabilities, and data sharing. The partnership has led to significant developments, including immutable database snapshots for regulatory compliance, and multiple successful AI pilot initiatives.

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Snowflake (NYSE:SNOW) has announced a strategic collaboration with Peraton to combat fraud, waste, and abuse (FWA) in federal agencies. The partnership integrates Peraton's Rapid Fraud Intelligence (Rapid FI) platform with Snowflake's AI Data Cloud to enhance fraud detection capabilities.

The solution combines advanced analytics, AI-driven anomaly detection, and secure data integration to identify suspicious activities in real-time. Built on Snowflake's cloud infrastructure, Rapid FI helps agencies unify siloed datasets and enhance fraud visibility to protect taxpayer dollars.

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Snowflake (NYSE: SNOW) has secured the top position on Fortune's Future 50™ 2025 list, marking its second #1 ranking in three years. The prestigious recognition evaluates companies for their sustainable growth potential and resilience in a volatile global economy.

The selection process analyzed over 2,800 public companies with market value exceeding $5 billion and 150+ private firms with $1+ billion in funding. The ranking considers 25 factors across Strategy, Technology, Talent, and Culture dimensions.

Currently serving over 6,100 customers using its AI capabilities weekly, Snowflake showcases successful implementations at Cambia Health Solutions and Thomson Reuters, demonstrating practical applications of its AI Data Cloud platform for healthcare optimization and business intelligence.

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Snowflake (NYSE: SNOW), the AI Data Cloud company, has appointed Brian Robins as its new Chief Financial Officer, effective September 22, 2025. Robins will succeed Mike Scarpelli, who is retiring but will remain as an advisor after a transition period.

Robins brings extensive financial leadership experience, having served as CFO at several technology companies including GitLab, Sisense, Cylance, AlienVault, and Verisign. In his new role, he will oversee Snowflake's global finance organization, including planning, treasury, tax, reporting, and investor relations.

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Snowflake (NYSE: SNOW) has announced a strategic collaboration with Siemens to revolutionize manufacturing data management and AI capabilities. The partnership integrates Siemens Industrial Edge with Snowflake's AI Data Cloud, enabling manufacturers to seamlessly connect operational technology (OT) data from shop floors with information technology (IT) systems.

The collaboration features FFT, a manufacturing systems provider, which demonstrates the solution's implementation through its DataBridge app. This integration allows manufacturers to overcome data silos, enhance transparency, and improve analytics efficiency. The partnership leverages Siemens' expertise in OT/IT convergence and Snowflake's capabilities in managing large-scale data, enabling AI-driven insights for improved machine performance and production optimization.

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Snowflake (NYSE: SNOW) has announced the launch of its AI Data Cloud on AWS Africa (Cape Town) Region, marking a significant expansion in South Africa. This deployment enables local organizations to comply with data residency regulations while leveraging AI-powered data insights.

The expansion aligns with South Africa's Protection of Personal Information Act (POPIA) and National Policy on Data and Cloud requirements. Early adopters like Carry1st have reported significant benefits, including 45% reduction in infrastructure costs and 300% improvement in data refresh rates.

As part of its investment in the region, Snowflake is partnering with system integrators to support the One Million Minds initiative, focusing on AI skills development. The company will host a launch event on September 3 at The Old Biscuit Mill, Cape Town.

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Snowflake (NYSE: SNOW) reported strong Q2 FY2026 financial results with product revenue reaching $1.09 billion, up 32% year-over-year. The company maintained a robust net revenue retention rate of 125% and grew its high-value customer base to 654 customers with trailing 12-month product revenue exceeding $1 million.

The company's remaining performance obligations increased to $6.9 billion, representing 33% year-over-year growth. Snowflake now serves 751 Forbes Global 2000 customers. For Q3 FY2026, Snowflake projects product revenue between $1,125-$1,130 million, representing 25-26% growth, and expects full-year FY2026 product revenue of $4,395 million, up 27% year-over-year.

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Snowflake (NYSE: SNOW), the AI Data Cloud company, has announced that CEO Sridhar Ramaswamy will present at the upcoming Goldman Sachs Communacopia + Technology Conference. The presentation is scheduled for September 8th at 3:45 PM PT.

Investors can access the presentation through a live webcast on Snowflake's investor relations website. The recording will remain available for 30 days following the event.

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Snowflake (NYSE: SNOW), the AI Data Cloud company, has scheduled the release of its Q2 fiscal 2026 financial results for Wednesday, August 27, 2025, after U.S. markets close.

The company will host a conference call at 3 p.m. Mountain Time on the same day to discuss the results. Investors can join via phone at (833) 470-1428 (Access code: 013538) or through a live webcast on Snowflake's Investor Relations website. An audio replay will be available for 30 days following the call.

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FAQ

What is the current stock price of Snowflake (SNOW)?

The current stock price of Snowflake (SNOW) is $239.66 as of June 9, 2026.

What is the market cap of Snowflake (SNOW)?

The market cap of Snowflake (SNOW) is approximately 83.3B.