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Snowflake Raises Sales Outlook and Forecasts $5.84B FY 2027 Revenue, Citing AI Demand

Snowflake has increased its sales outlook and now forecasts $5.84 billion in product revenue for fiscal year 2027, raising its growth outlook to 31% driven by the growing demand for artificial intelligence.

28 May, 18:15 — 28 May, 18:15
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seeking-alphaMixed21h ago

Snowflake forecasts $5.84B FY 2027 product revenue and raises growth outlook to 31% driven by AI adoption

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First report: bloomberg · 27 May, 20:10Full coverage: 2 · 22hWindow: 22h
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bloomberg27 May, 20:10First to report

Snowflake Raises Sales Outlook, Touts Impact of AI Demand - Bloomberg.com

22h later
seeking-alpha28 May, 18:15Latest update

Snowflake forecasts $5.84B FY 2027 product revenue and raises growth outlook to 31% driven by AI adoption

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