Investing.comCodex · 实盘可交易 · 做多市场:美股▲ 赚 +0.14% · 已结算把握 6/10
北京时间·🕒 发布 04:15:52·⟳ 抓取 04:16:57 +1m05s·⚡ 决策 09-03 05:00:03 +43m06s·54.5 天前
Snowflake二季度业绩超预期并上调全年产品收入指引，盘后大涨
本次财报同时出现收入、EPS、产品收入增速和全年指引上修，方向明确为利好；但盘后已大幅重定价且此前市场已有较高预期，因此只适合用限价条件单小仓参与，不追高市价买入。
📄 原文Investing.com↗ 原文
Snowflake soars 20% on earnings beat and raised guidance
Wall Street ends higher on Dell, Nvidia boost and a let up in oil prices, yields Investing.com -- Snowflake Inc (NYSE:S…
▲ 赚 +0.14%入场 09-02 盘后首笔 @375.52 → 离场 09-03 常规开盘 @377.25
日 K 取自复盘打分切片 · 蓝点/蓝虚线 = 纸面入场价 · 灰虚线 = 纸面离场 · 持有期红底 = 赚(价格在入场线上方)、绿底 = 亏
💡 交易逻辑业绩指引双超预期，限价参与未完全消化
怎么买 限价买入 不高于昨收 +10%、2 个交易日内有效
怎么卖 止盈 +8%(半仓)/+15%(清仓) · 止损 -6% · 时间止损 3日
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
分时走势
做多 SNOW.US Snowflake Inc.
建仓日早于近 30 天,只有日线图
成交明细 · 纸面
做多 SNOW.US Snowflake Inc.
| 收益状态 | +0.14% 已平仓 |
|---|---|
| 进场成交 | 2026-09-02 · 盘后首笔 · 09-03 04:19 北京 · @375.521 |
| 离场成交 | 2026-09-03 · 常规开盘 · @377.245 |
| 毛收益 | +0.46% |
| 成本 | +0.32% |
| 净收益 | +0.14% |
| 计入收益 | +0.14% |
| 计入 | 同日重复,不计入曲线 |
| 建仓日 | 2026-09-02 · 进场不早于新闻时刻 + 2 分钟 |
收益口径 event_time_plus_2min_10min_walk_open_topup_to_next_open_exchange_calendar_fill_model_local_notional_v9 · method_id m8db1cbc8f2d · 截至 2026-10-27 16:55
研究档案
结论摘要
Snowflake FY2027二季度收入15.5亿美元、调整后EPS 0.62美元均显著高于预期，并将全年产品收入指引从58.4亿美元上调至60.7亿美元，增量约2.3亿美元，约为原全年产品收入指引的3.9%。AI产品账户增长和客户数增长支持需求斜率改善，但盘后已上涨约13%至20%以上，且财报前期权已反映约10.5%的预期波动，说明短线追高风险较高，采用次日开盘后涨幅受限的条件买入更合适。
消息传播链
- Snowflake投资者关系页面披露季度业绩入口和此前FY2027指引口径，可用于核对本次上修基数。
- Investing.com报道Snowflake二季度业绩超预期并上调全年产品收入指引，盘后一度涨20%。市场反应:报道称盘后上涨约20%。
- MarketWatch确认收入、产品收入、全年指引和盘后上涨约13%的关键事实。市场反应:盘后上涨约13%。
- Barron's确认业绩超预期、全年产品收入指引约61亿美元，并提示估值和GAAP亏损风险。市场反应:盘后上涨约18%。
关键理由
- 全年产品收入指引从58.4亿美元上调至60.7亿美元，新增约2.3亿美元收入预期，直接抬高FY2027增长斜率。
- 产品收入同比37%且连续第三个季度加速，AI产品CoCo和CoWork账户扩张说明需求不只是一次性财报噪音。
- 经营利润率指引从13.5%上调至14.5%，收入超预期同时利润率改善，有助于缓解高估值软件股对盈利质量的担忧。
主要风险
- 盘后已大涨约13%至20%以上，若次日开盘跳空过高，短线风险收益会被压缩。
- 公司仍有高估值和GAAP亏损、股权激励费用较高问题，若市场转向利润质量或AI成本压力，可能出现高开低走。
反向证据
- 做多前查反向 · 来源 web · 日期 2026-09-02 · 影响 weakens
公司仍因4.23亿美元股权激励费用处于GAAP亏损，且面临Microsoft、Databricks及成本优化工具竞争。
检索:Snowflake earnings valuation GAAP loss stock based compensation competition Databricks Microsoft 2026 原文 ↗ - 做多前查反向 · 来源 web · 日期 2026-09-01 · 影响 weakens
财报前期权市场已预期约10.5%波动，盘后涨幅若达到13%至20%以上，短线追高edge下降。
检索:Snowflake expected move earnings September 2026 options implied move 原文 ↗
先例如何影响了这次决策
对本次决策的影响:先例支持保留LONG方向，但因盘后已超预期期权波动，订单改为限价参与并降为small。
方向:同一公司历史上业绩超预期并上调产品收入指引后的方向偏正，尤其在AI需求叙事增强时反应更强。
涨幅量级:只有2026-05-27一条高相似且同公司样本，足以支持正方向但不足以精确校准止盈幅度；采用保守8%至15%区间。
形态:样本显示容易先跳空，真正风险在于开盘缺口过大后的高开低走，而不是方向本身反转。
历史先例(按相似度)
- 相似度 8/10 SNOW 2026-05-27 2026年5月Snowflake上调全年产品收入预测并宣布AWS 60亿美元合作，盘后和次日均出现强反应。 原文 ↗
事件后 +1日 +36.5% · +2日 +45.8% · +3日 +59.9% · +4日 +49.0% · +5日 +37.7%
⚠非首发(转载/聚合)·来源层级不符(声明wire/实为aggregator)·未核对目标相位 — 该行涨幅别用来定止盈止损
相似度依据:同一公司、同为业绩后上调产品收入指引，并叠加AI需求叙事。
经验:Snowflake自身若同时出现指引上修和AI需求验证，次日可出现大幅跳空延续，但追高胜率取决于开盘缺口。 - 相似度 7/10 SNOW 2025-05-21 2025年5月Snowflake因Q1业绩和上调FY2026产品收入指引盘前上涨约7%。 原文 ↗
测Snowflake在2025-05-21财报后1至3个交易日反应。
⚠非首发(转载/聚合)·来源层级不符(声明media/实为aggregator) — 该行涨幅别用来定止盈止损
相似度依据:同一公司、同为季度业绩超预期并上调全年产品收入指引，但上修幅度和AI验证弱于当前。
经验:中等幅度指引上修也能推动盘前上涨，但幅度通常低于叠加强AI采用证据的事件。 - 相似度 7/10 SNOW 2025-02-26 2025年2月Snowflake因Q4业绩超预期和更好FY2026产品收入指引，盘前上涨超过10%。 原文 ↗
测Snowflake在2025-02-26财报后1至3个交易日反应。
⚠非首发(转载/聚合)·来源层级不符(声明media/实为aggregator) — 该行涨幅别用来定止盈止损
相似度依据:同一公司、业绩超预期且给出更强产品收入展望，并有AI合作叙事。
经验:Snowflake业绩超预期加AI合作叙事通常能带来正向跳空，但后续是否延续取决于估值消化。
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原文全文
展开原文 · 1,987 字
Wall Street ends higher on Dell, Nvidia boost and a let up in oil prices, yields
Investing.com -- Snowflake Inc (NYSE:SNOW) reported second quarter results that exceeded analyst expectations and raised its full-year outlook, sending shares up 20% in after-hours trading Wednesday as investors responded positively to accelerating growth driven by artificial intelligence products.
The AI Data Cloud company posted adjusted earnings per share of $0.62, beating the analyst consensus of $0.45 by $0.17. Revenue reached $1.55 billion, surpassing the estimate of $1.48 billion and representing 35% growth YoY. Product revenue totaled $1.49 billion, up 37% YoY, marking the company's third consecutive quarter of product revenue growth acceleration.
"Snowflake delivered another strong quarter, with product revenue of $1.49 billion, up 37% year-over-year, as Snowflake continues to power the enterprise AI revolution," said Sridhar Ramaswamy, CEO of Snowflake. "AI continues to compound our advantages, creating a flywheel effect across the business."
For the third quarter of fiscal 2027, Snowflake expects product revenue of $1.588 billion to $1.593 billion, representing 37% to 38% YoY growth. The midpoint of $1.59 billion exceeds the analyst consensus of $1.57 billion. The company also raised its full-year fiscal 2027 product revenue guidance to $6.07 billion, representing 36% YoY growth, up from previous guidance of $5.84 billion. This significantly surpasses the analyst consensus of $5.84 billion.
The company's AI products showed strong momentum, with CoCo surpassing 9,100 accounts and adding more than 2,000 accounts in the quarter, while CoWork expanded to 5,800 accounts. Snowflake added 692 net new customers in the quarter, up 32% YoY, and now serves 829 Forbes Global 2000 customers.
CFO Brian Robins noted the company delivered accelerating growth while expanding operating margin, with full-year adjusted operating margin guidance raised to 14.5% from 13.5% previously.
Investing.com -- Snowflake Inc (NYSE:SNOW) reported second quarter results that exceeded analyst expectations and raised its full-year outlook, sending shares up 20% in after-hours trading Wednesday as investors responded positively to accelerating growth driven by artificial intelligence products.
The AI Data Cloud company posted adjusted earnings per share of $0.62, beating the analyst consensus of $0.45 by $0.17. Revenue reached $1.55 billion, surpassing the estimate of $1.48 billion and representing 35% growth YoY. Product revenue totaled $1.49 billion, up 37% YoY, marking the company's third consecutive quarter of product revenue growth acceleration.
"Snowflake delivered another strong quarter, with product revenue of $1.49 billion, up 37% year-over-year, as Snowflake continues to power the enterprise AI revolution," said Sridhar Ramaswamy, CEO of Snowflake. "AI continues to compound our advantages, creating a flywheel effect across the business."
For the third quarter of fiscal 2027, Snowflake expects product revenue of $1.588 billion to $1.593 billion, representing 37% to 38% YoY growth. The midpoint of $1.59 billion exceeds the analyst consensus of $1.57 billion. The company also raised its full-year fiscal 2027 product revenue guidance to $6.07 billion, representing 36% YoY growth, up from previous guidance of $5.84 billion. This significantly surpasses the analyst consensus of $5.84 billion.
The company's AI products showed strong momentum, with CoCo surpassing 9,100 accounts and adding more than 2,000 accounts in the quarter, while CoWork expanded to 5,800 accounts. Snowflake added 692 net new customers in the quarter, up 32% YoY, and now serves 829 Forbes Global 2000 customers.
CFO Brian Robins noted the company delivered accelerating growth while expanding operating margin, with full-year adjusted operating margin guidance raised to 14.5% from 13.5% previously.
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