BofA Maintains Bullish View on Snowflake Inc. (SNOW) Despite Valuation Reset

On January 30, Bank of America lowered its terms people connected Snowflake Inc. (NYSE:SNOW) to $275 from $310 portion maintaining a Buy standing connected the shares. The steadfast continues to presumption Snowflake arsenic a apical prime wrong infrastructure software, noting that the accommodation reflects a revised valuation model alternatively than a deterioration successful fundamentals. BofA cited updated maturation assumptions, hazard considerations, and broader adjacent aggregate compression arsenic the superior drivers down the people change, portion reiterating assurance successful Snowflake’s semipermanent positioning wrong the AI-driven information unreality market.

From a firm governance standpoint, Snowflake disclosed connected January 28, 2026, that committee subordinate Jeremy Burton resigned from the Board and its committees effectual January 30, pursuing the company’s acquisition of Observe, Inc., which closed connected February 2, 2026. The institution emphasized that Burton’s departure was procedural and not related to immoderate disagreement regarding operations oregon strategy. Snowflake Inc. (NYSE:SNOW) highlighted that the transaction was approved done a peculiar committee of autarkic directors and the Audit Committee, signaling a disciplined attack to governance and struggle absorption arsenic it integrates Observe into its platform.

Snowflake is simply a cloud-based information level institution founded successful 2012, enabling organizations to analyse and stock information astatine standard with debased latency crossed aggregate workloads. Headquartered successful Bozeman, Montana, the institution remains intimately tied to endeavor spending connected unreality migration, analytics, and artificial intelligence. Despite valuation adjustments successful the adjacent term, Snowflake’s relation arsenic a halfway information infrastructure supplier positions it to payment from sustained request for AI-enabled information solutions implicit the agelong run.

While we admit the imaginable of SNOW arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None.