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home / news releases / PLTR - Snowflake's High Growth Days Could Be Numbered

PLTR - Snowflake's High Growth Days Could Be Numbered

Palantir Technologies Inc. Class A

2024-01-30 10:34:51 ET

Summary

  • Snowflake's growth may be slowing down, making their $10b in revenue by 2029 target less attainable without aggressive M&A.
  • The company's success will depend on whether companies choose to host and analyze their data on-prem or in the cloud.
  • I believe management is refocusing their efforts on margin expansion due to slowing revenue growth.

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For further details see:

Snowflake's High Growth Days Could Be Numbered
Stock Information
Company Name: Palantir Technologies Inc. Class A
Stock Symbol: PLTR
Market: NYSE
Website: palantir.com
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