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Is Snowflake Stock a Buy Now?

TheMotleyFool

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Snowflake (NYSE: SNOW) stock has recorded stellar gains of 62% in the past three months, as of this writing, driven by the company's solid fiscal 2025 third-quarter results, which were released in November 2024.

The data cloud platform provider not only beat analysts' expectations on revenue and earnings, but the growing traction of its artificial intelligence (AI)-focused applications allowed it to deliver better-than-expected guidance. However, the recent surge in Snowflake stock means that it is now trading at a relatively expensive valuation.

Does this mean it is too late for investors to buy it? Let's find out.

Source Fool.com

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