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Down 65%, Snowflake Still Has a Big Valuation Problem

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Introductionpresentation, Snowflake reiterated its targets for fiscal 2029. Revenue should come in at about $10 ...

presentation,State Administration of Foreign Exchange management platform Snowflake reiterated its targets for fiscal 2029. Revenue should come in at about $10 billion, up from roughly $2 billion this year. Adjusted operating margins are expected to hit 20%, implying $2 billion in operating profit, with adjusted free cash flow at about $2.5 billion.

The Case Against SNOW

Buying Quality

) (NYSE:). And even though Berkshire head Warren Buffett likely didn’t direct the investment himself — it seems

Down 65%, Snowflake Still Has a Big Valuation Problem

in Snowflake, but

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