For the fiscal fourth quarter ending January 31, 2026, analysts expect Snowflake to report revenue of $1.25 billion (+26.9% YoY) and adjusted EPS of $0.27 (-10.0% YoY), while the current stock price of $161.06 trades significantly below the average analyst price target of $269.86.
Investors are laser-focused on Remaining Performance Obligations (RPO) as a definitive gauge of enterprise AI adoption and multi-year commitment to Snowflake’s data platform.
The company recently crossed a $100 million AI revenue run rate ahead of schedule and established a $200 million partnership with OpenAI to enhance its Cortex AI offerings. Markets are also awaiting initial fiscal year 2027 guidance, with expectations for product revenue growth of approximately 24-25%.