How much did SNOW stock rise after the announcement?

The stock rose 6.84% in one day and 48.40% in seven days.

Did Snowflake raise its annual guidance?

Yes, the company raised its product revenue guidance for fiscal 2026.

What are the Q4 financial details?

Specific financial figures were not disclosed in the original source.

Snowflake Surges 48% on Strong Earnings, AWS AI Deal Worth $6B

Snowflake (SNOW) shares jumped 48.40% in a week following a strong quarterly report, raised full-year product revenue guidance, and a $6 billion, five-year AI-focused collaboration with Amazon Web Services.

By: Wrqti Editorial

May 31, 2026

2 min read

Source: Simply Wall St.

Key Numbers

1 day return

6.84%

7 day return

48.40%

aws deal value

6 billion

aws deal term

5 years

Snowflake (SNOW) saw its stock surge 48.40% in a week, driven by better-than-expected quarterly results, an upward revision to full-year product revenue guidance, and a $6 billion, five-year AI-focused collaboration with Amazon Web Services (AWS).

Key Financial Results

Metric	Value
Product Revenue (Q4)	Not disclosed
Net Income	Not disclosed
EPS	Not disclosed

Note: Specific financial figures were not provided in the source.

Highlights

Snowflake reported strong quarterly results, prompting management to raise product revenue guidance for fiscal 2026. The company also announced an expanded collaboration with AWS worth $6 billion over five years, focusing on AI and data management solutions.

Future Guidance

Snowflake raised its full-year product revenue guidance for fiscal 2026, though specific numbers were not disclosed.

Stock Impact

SNOW shares rose 6.84% in one day and 48.40% in seven days following the announcement, reflecting investor optimism about the results and the new partnership.

What This Means for Investors

Snowflake appears to be capitalizing on growing demand for data and AI solutions, but investors should monitor the stock's valuation after the recent surge, especially given the lack of detailed financial figures.

Frequently Asked Questions

The deal is worth $6 billion over five years, focused on AI.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.