RBC Capital Predicts Q1 Upside for Snowflake Due to Strong Performance Checks and Cortex Code Adoption

RBC Capital has maintained an 'Outperform' rating on Snowflake (SNOW) despite lowering its price target, citing strong performance checks and increasing adoption of Cortex Code as likely drivers of a positive Q1 result. The firm anticipates modest acceleration or no deceleration in product revenue.

By Faheem Tahir Wed, May 20, 2026 at 8:08 PM GMT+3 2 min read · Yahoo Finance · May 20, 2026, 17:08 UTC

Tickers: $SNOW

Topics: ai workloads cloud computing product revenue growth

Read the full article at Yahoo Finance

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