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Cathie Wood Adds to Snowflake as Product Revenue Growth Accelerates

Snowflake logoSnowflake
Sig2.60Sen+2.70Env0.00Soc0.00Gov0.00

13F filings show Cathie Wood opened a new Snowflake position, adding 269,539 shares, after trimming her Robinhood stake. Snowflake’s product revenue rose 34% quarter over quarter and accelerated for a second straight quarter, prompting management to raise full-year fiscal 2027 product revenue guidance to imply 31% growth. Shares trade at an extremely high forward P/E.

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