Snowflake and the Snowballing Impact of its AI Flywheel

Snowflake delivered strong Q1 earnings with 33% revenue growth and raised full-year guidance by 400 basis points, driven by AI adoption and increased client spending. The stock surged 30% post-earnings as analysts revised estimates upward. With 85% Buy ratings and a $277 consensus price target, the company is positioned to benefit from its AI flywheel, though high valuation and competition from tech giants pose risks.