"Snowflake's CEO Transition Sparks Stock Volatility and Analyst Debate"

TL;DR Summary
Snowflake's shares dropped 20% after reporting Q4 results, issuing conservative fiscal 2025 guidance of 22% Y/Y growth, and announcing CEO Frank Slootman's transition. Analysts have mixed reactions, with some maintaining bullish outlooks due to the company's solid performance, conservative guidance assumptions, and potential for AI innovations to drive revenue growth. Despite disappointment over the guidance, analysts see upside potential and believe the CEO transition and conservative outlook set the stage for potential outperformance under new leadership.
- Snowflake's Conservative FY25 Guidance And CEO Transition Stir Analyst Debates: Optimism For AI Innovatio Benzinga
- Snowflake's Slootman says he's not worried about employee exodus: 'This is not a personal cult' CNBC
- Snowflake’s Stock Tanked After Its CEO Resigned. The Selloff Is Overdone. Barron's
- Snowflake Earnings: Revenue Outlook Disappoints; New CEO Taking Over Morningstar
- Snowflake Shares Plummet Over 20% After Billionaire CEO Frank Slootman Announces Retirement Forbes
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