mustafaU/iStock via Getty Images Snowflake ( SNOW ) has recently been subjected to serious selling pressure as SaaS fears gripped the market and investors sold shares of software companies they deemed were at risk of AI-driven disruption. The SaaS platform has seen a significant multiplier compression since my last coverage in December, despite reporting record fourth-quarter results at the end of...
mustafaU/iStock via Getty Images Snowflake ( SNOW ) has recently been subjected to serious selling pressure as SaaS fears gripped the market and investors sold shares of software companies they deemed were at risk of AI-driven disruption. The SaaS platform has seen a significant multiplier compression since my last coverage in December, despite reporting record fourth-quarter results at the end of February: Snowflake reported both better top and bottom line results and benefited from strong demand from the enterprise sector for its AI services. Like other software companies, Snowflake is currently out of favor with investors and trading well below its historical price-to-revenue ratio. I like the setup here and believe the SaaS meltdown is completely overdone, creating a contrarian engagement opportunity. Data by YCharts Previous Rating The main reason behind my previous hold rating for shares of Snowflake was that the company was highly valued based off of forward revenues: Wait For A Drop , which at the time negatively impacted the perceived risk/reward ratio. However, Snowflake is heavily investing in AI products -- such as Cortex AI -- which offers enterprise customers solutions to improve productivity and is still growing at 30% Y/Y rates. I believe the recent SaaS sell-off has gone way too far, and I am upgrading shares to buy given strong customer acquisition and revenue momentum, as well as robust free cash flow profitability. Strong ER for Q4'25 According to Seeking Alpha's earnings summary, Snowflake beat estimates for both earnings and revenues on February 25, 2026. The non-GAAP EPS figure came in at $0.32, which signified a $0.05 per-share beat, while revenues were published at $1.28B -- a record for the company. The top line figure beat the average prediction by $29M. Seeking Alpha Strong Growth Upside in the SaaS Market In the most recent quarter, Snowflake generated total revenues of $1.28B (+30% Y/Y), which marked an all-time record for the SaaS plat...
At least a dozen clusters of ships have appeared near the Strait of Hormuz , a likely sign of elevated electronic interference around the waterway that’s central to the US and Israeli war against Iran. The groups, which can number more than 200 vessels for some clusters, contain ships of all types, with some that appear to be traveling at more than 100 knots an hour, according to tracking data com...
At least a dozen clusters of ships have appeared near the Strait of Hormuz , a likely sign of elevated electronic interference around the waterway that’s central to the US and Israeli war against Iran. The groups, which can number more than 200 vessels for some clusters, contain ships of all types, with some that appear to be traveling at more than 100 knots an hour, according to tracking data compiled by Bloomberg. The maritime artery is a key focus for investors at present because its effective closure during the conflict has thrown the global energy market into disarray, forcing Persian Gulf producers to lock-in oil output as storage capacity runs out. The halt to normal flows initially lifted Brent futures toward $120 a barrel, although contracts fell sharply Tuesday after US President Donald Trump signaled that the war may soon end. “Over the past 48 hours, the situation has become ‘impenetrable’, said Mark Douglas, a maritime-domain analyst at Starboard Maritime Intelligence. Trying to tell where any vessel is around the strait with tracking data is all but impossible, he added. Some of the clusters appear to form distinctive shapes, including an apparent circle of vessels inland near Abu Dhabi, and one in the form of an inverted “Z” off Ruwais in the United Arab Emirates , the data showed on Monday. Other groups are in the Gulf of Oman, possibly indicating vessels waiting in groups for tensions to ease, or secure clear loading dates, before entering Hormuz. The odd arrays of vessels point to ships’ navigational systems being interfered with by electronic jamming, making them appear on tracking platforms away from their actual locations. Such practices often spike at times of heightened geopolitical tensions, as militaries engage in electronic warfare. The jamming can distort vessels’ reported speeds. The Asprouda , a 2013-built products tanker, signaled on Monday that it was traveling at an improbable 102.2 knots off Jebel Ali, equivalent to almost 190 kilome...