Updates: SNOW 4Q24 - Leadership Change, Competition, GTM, AI Talent War (Pt.2)
Summary
* In Part 2 we dive into SNOW's products, both its core CDW and its new products related to handling unstructured data and AI/ML workloads.
* Before the latest ER shock, SNOW was perfectly priced as investors fully believed in the $10bn revenue by FY29 story.
* Now that prospect has diminished due to growth reacceleration uncertainties, SNOW offers some but not huge upside.
* Note: we have fell behind the cadence we like to deliver recently, though we do have a PLTR report ready to
