If Snowflake generates $20 billion in revenue by fiscal 2031 and maintains its current price-to-sales ratio, it could be worth a whopping $1.6 trillion by the final year. If Salesforce generates $100 billion in revenue by fiscal 2031 and trades at 10 times sales, it could be worth $1 trillion.
Besides, Why is Snowflake better than AWS?
Snowflake is a powerful, cloud-based warehousing database management system. … Instead, AWS Snowflake uses a structured query language (SQL) database engine with an architecture specifically designed for the cloud. Compared to traditional data warehouses, Snowflake is incredibly fast, flexible, and user-friendly.
Keeping this in mind, Is Snowflake a long-term buy? In total, Snowflake has 4,990 customers, with 116 of those bringing in 12-month product revenue of more than $1 million each. With a strong bull case, Snowflake is demonstrating its potential to grow as a company and present a great long-term investment.
Does Snowflake have future?
Snowflake’s investor day presentation offers a rosy view of the future. It expects its product revenue to rise from $554 million in fiscal 2021 to $10 billion in fiscal 2029, which equals a CAGR of 43.6%.
What is Snowflake worth mm2?
This weapon gives 10 godly shards when salvaged.
What makes snowflakes better?
Snowflake has better support for JSON based functions and queries than Redshift. Snowflake offers instant scaling, where as Redshift takes minutes to add more nodes. Snowflake has more automated maintenance than Redshift. Redshift better integrates with Amazon’s rich suite of cloud services and built-in security.
Is Snowflake competitor AWS?
Snowflake is among the biggest partner-competitors to AWS, but it’s far from alone. In recent years, AWS has also become more competitive with other customers and partners, such as Confluent, Algorithmia, MongoDB and Elastic.
Is Snowflake similar to AWS?
Snowflake Architecture
Snowflake is a cloud data warehouse built on top of the Amazon Web Services (AWS) cloud infrastructure and is a true SaaS offering. There is no hardware (virtual or physical) for you to select, install, configure, or manage. There is no software for you to install, configure, or manage.
Is snow a buy now?
Is Snowflake Stock A Buy Right Now? Snowflake stock still trades at a substantial premium as a multiple of forward-looking revenue growth. SNOW stock holds an IBD Composite Rating of 68 out of a best possible 99, according to IBD Stock Checkup.
Who are Snowflake competitors?
Top 10 Snowflake Alternatives & Competitors
- Google BigQuery.
- Amazon Redshift.
- Druid.
- IBM Db2.
- Dremio.
- Databricks Lakehouse Platform.
- Cloudera.
- Azure Synapse Analytics.
Is SQ a good buy?
Valuation metrics show that Square, Inc. may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of SQ, demonstrate its potential to underperform the market.
Who will buy snowflake?
Investment company Salesforce Com Inc (Current Portfolio) buys Snowflake Inc during the 3-months ended 2020Q3, according to the most recent filings of the investment company, Salesforce Com Inc. As of 2020Q3, Salesforce Com Inc owns 2 stocks with a total value of $531 million.
Is Snowflake rare in mm2?
Snowflakes is a rare knife that could originally be obtained by unboxing it during Christmas Event 2020 from the Christmas Box. It can now only be obtained by trading since the event has ended.
How rare is the snowflake gun in mm2?
Estimated Value
Snowflake is an uncommon gun that could be obtained by unboxing it during the 2018 Christmas event from the Christmas Box. Since the event is over, it can now only be obtained through trading.
Is Ice Dragon rare mm2?
Ice Dragon is a godly knife that was originally obtainable during Christmas Event 2016 for 750 tokens, though it is now only obtainable through trading as this event has ended.
Is Snowflake better than synapse?
Synapse offers enterprise business critical security and protection in a single pricing tier, and all compute is dedicated per customer and billed per usage unit (DWU). Snowflake can support high security scenarios up to and including dedicated compute support at a higher price point.
What is Snowflake not good for?
The cons of using Snowflake include: Lack of synergy: While Snowflake can run in the Amazon, Google, and Microsoft public clouds, it isn’t a native offering. … Higher cost: Depending on the use case, Snowflake can be more expensive than competitors such as Amazon Redshift.
How is Snowflake different from others?
With Snowflake, you can clone a table, a schema or even a database in no time and occupying no space. This is because the cloned table create pointers (point to the stored data) but not the actual data. In other words, the cloned table only has data that is different from its original table.
Who is snowflakes biggest competitor?
Snowflake’s top competitors include Exasol, Observe, Actian, Incorta, Redis Labs, Cloudian, Teradata, Sisense, Amazon Web Services and Vertica Systems.
Does Snowflake run on AWS or Azure?
Snowflake. Snowflake is a cloud data warehouse that runs on top of the Google Cloud, Microsoft Azure, and AWS cloud infrastructure. As the service doesn’t run on its own cloud but uses major public cloud vendors, it’s easier for it to move data across clouds and regions.
What AWS services does Snowflake use?
Snowflake doesn’t run on prem. It only runs in the cloud. It runs on AWS, Azure and GCP. The cloud players all want your data to go into their database and they push hard on customers to use captive services.
Does Amazon own Snowflake?
Snowflake runs on Amazon S3 since 2014, on Microsoft Azure since 2018 and on the Google Cloud Platform since 2019.
…
Snowflake Inc.
| Type | Public |
|---|---|
| Services | Cloud Data Platform |
| Revenue | $592 million (2020) |
| Net income | -$539 million (2020) |
| Total assets | $5.921 billion (2020) |
Is ServiceNow a buy?
ServiceNow has received a consensus rating of Buy. The company’s average rating score is 2.97, and is based on 29 buy ratings, 2 hold ratings, and no sell ratings.
What is the prediction for Snowflake stock?
Stock Price Forecast
The 24 analysts offering 12-month price forecasts for Snowflake Inc. have a median target of 333.50, with a high estimate of 515.00 and a low estimate of 275.00. The median estimate represents a -7.31% decrease from the last price of 359.79.
What is a fair price for snow Stock?
The average price target is $324.12 with a high forecast of $375.00 and a low forecast of $275.00. The average price target represents a -8.40% change from the last price of $353.84.