Ghazal Ahmed
Fri, May 23, 2025, 2:26 PM 2 min read
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We recently published a list of 10 AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Snowflake Inc. (NYSE:SNOW) stands against other best AI stocks on latest news and ratings.
Snowflake Inc. (NYSE:SNOW) is a cloud-based data storage company providing a data analysis, storage, and sharing platform. One of the most notable analyst calls on Thursday, May 22, was for Snowflake Inc. Raymond James analyst Simon Leopold maintained an “Outperform” rating and raised the price target on the stock to $212.00 (from $196.00). The rating follows Snowflake’s robust first-quarter earnings for 2026, surpassing expectations.
A software engineer at work, surrounded by a wall of computer monitors connected to a 'Data Cloud' platform.
Citing its positive quarterly report, the management is optimistic about its future performance, particularly its new opportunities and sustained momentum. The firm particularly talked about the strong traction with Snowflake’s Cortex, its suite of AI tools for customers to run generative AI and deep analytics applications on their existing data. While the firm is cautious about the deteriorating macro environment, it is positive about the company’s momentum and new product growth.
Overall, SNOW ranks 4th on our list of best AI stocks on latest news and ratings. While we acknowledge the potential of SNOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNOW and that has 100x upside potential, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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