How Much Is Snowflake Stock Really Worth?

Snowflake (NYSE: SNOW) is not benefiting from the rising demand for artificial intelligence as much as expectations suggested it would.

*Stock prices used were the afternoon prices of Oct. 28, 2024. The video was published on Oct. 30, 2024.

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Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Snowflake. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.