Top Analyst Ratings for May 23rd, 2025

STA Research
May 23rd, 2024
Snowflake Inc (SNOW) reported stronger-than-expected earnings, driven by robust demand for its cloud data platform and accelerating adoption of AI-related workloads across enterprise customers. The company also raised its product revenue outlook, signaling improving visibility into sustained growth momentum. Following the results, the stock surged approximately 36% in trading, reflecting a sharp re-rating as investors responded positively to both the earnings beat and the upgraded forward guidance. Additional tailwinds included a reported $6 billion multi-year agreement with Amazon Web Services tied to AI infrastructure and Graviton-based computing, reinforcing confidence in Snowflake’s expanding role in enterprise AI data architecture.
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Top Analyst Ratings for May 23rd, 2025

  • Analog Devices Inc: Target price raised by JP Morgan to $260 from $220 due to better-than-expected revenues in the last quarter.
  • Elf Beauty Inc: JP Morgan cut target to $182 from $197 as the company missed sales growth estimates in the fourth quarter.
  • Snowflake Inc: JP Morgan raised target to $185 from $170 due to strong revenue growth in the first quarter and its strategic investments in AI.
  • Apple: Morningstar has maintained its underperform rating for a certain company and kept its target price at $170.
  • Nvidia: Bank of America Merrill Lynch has raised its target price for Nvidia stock from $1100 to $1320, while maintaining a “Buy” rating on the stock.
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