Snowflake (SNOW) Stock on December 4, 2025: Q3 FY26 Earnings Beat, AI Milestone and What Wall Street Expects Next
Published: December 4, 2025 Snowflake Inc. (NYSE: SNOW) just delivered its third‑quarter fiscal 2026 results, beating expectations on revenue and earnings, touting a $100 million AI revenue run‑rate, and announcing a major partnership with Anthropic. Yet the stock is trading sharply lower today as investors digest slower product‑revenue growth and cautious guidance – a classic “great quarter, not great enough” reaction. Below is a full breakdown of the latest Snowflake stock news, earnings details, analyst forecasts, and what the new AI narrative means for SNOW going into 2026. Key takeaways for Snowflake stock today How Snowflake stock is trading after