SNOW Snowflake Inc. WATCHLIST
24 inbound impacts
from 4 source companies
in last 180 days
7
Bullish impacts
7
Bearish impacts
10
Neutral impacts
5
Max significance
10
High-magnitude
Convergence Setup
▼ BEARISH Convergence score 2.7
12 events · 2 families · alignment 11%
Source families:
filingfund
⚠ 89% contradicting evidence
Evidence Timeline
| Date | Family | Source | Dir | Mag | Mechanism | Weight |
|---|---|---|---|---|---|---|
| 2026-03-31 | filing | SNOW 8-K | ▲ | medium | Filing company — direct subject of disclosure | 0.223 |
| 2026-03-20 | filing | SNOW 10-K | ▼ | high | Filing company — direct subject of disclosure | 0.323 |
| 2026-03-20 | filing | SNOW 10-K | ▼ | high | Filing company — direct subject of disclosure | 0.323 |
| 2026-03-20 | filing | SNOW 10-K | ▼ | high | Filing company — direct subject of disclosure | 0.323 |
| 2026-03-20 | filing | SNOW 10-K | ▼ | high | Filing company — direct subject of disclosure | 0.323 |
| 2026-03-20 | filing | SNOW 10-K | ◆ | high | Filing company — direct subject of disclosure | 0.323 |
| 2026-03-20 | filing | SNOW 10-K | ▲ | high | Filing company — direct subject of disclosure | 0.323 |
| 2026-03-20 | filing | SNOW 10-K | ▼ | high | Filing company — direct subject of disclosure | 0.323 |
| 2026-03-20 | filing | SNOW 10-K | ▲ | high | Filing company — direct subject of disclosure | 0.323 |
| 2026-02-17 | fund | Atreides Management 13F | ▲ | high | 13F position — $105,019M | 0.144 |
Historical Base Rates for SNOW
From prior setups in our DB. Returns are simple price (entry next-day open → close at horizon). Alpha is excess vs benchmark.
| Horizon | N | Hit % | Avg ret | Median ret | α vs SPY | α vs QQQ | α vs SOXX |
|---|---|---|---|---|---|---|---|
| 5d | 51 | 33.3% | -2.36% | -0.46% | -1.94% | -2.06% | -2.97% |
| 20d | 42 | 73.8% | +1.8% | +5.01% | +0.03% | -0.82% | -7.19% |
| 60d | 37 | 48.6% | -1.31% | -2.57% | -6.09% | -7.2% | -18.03% |
Top Live Signals affecting SNOW
| Score | Date | Source | Type | Cat | Dir | Conf | Mag | Horiz | Mechanism |
|---|---|---|---|---|---|---|---|---|---|
| 80 | 2026-03-20 | SNOW | 10-K | Strategic Shift | ▼ | 5/5 | high |
Filing company — direct subject of disclosure
Snowflake is fundamentally shifting its identity from a purely analytical database (OLAP) to a hybrid transactional and analytical processing (HTAP) platform. By offering a fully managed Postgres data…
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| 80 | 2026-03-20 | SNOW | 10-K | Strategic Shift | ▼ | 5/5 | high |
Filing company — direct subject of disclosure
Snowflake is fundamentally shifting its business model from a proprietary, walled-garden storage architecture to an open-compute model. By natively supporting Apache Iceberg and allowing data to resid…
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| 80 | 2026-03-20 | SNOW | 10-K | Future Bet | ▼ | 5/5 | high |
Filing company — direct subject of disclosure
Snowflake is executing an aggressive M&A strategy to build an 'AI Data Cloud' ecosystem that moves well beyond data warehousing. Most notably, the acquisition of Observe, Inc. signals a direct expansi…
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| 80 | 2026-03-20 | SNOW | 10-K | Future Bet | ▼ | 5/5 | high |
Filing company — direct subject of disclosure
Snowflake is making a nearly $600M bet to enter the observability and log management market. By acquiring a native AI-powered observability platform to integrate into their Data Cloud, Snowflake aims …
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| 80 | 2026-03-20 | SNOW | 10-K | Asymmetric Info | ◆ | 5/5 | high |
Filing company — direct subject of disclosure
Buried entirely within a technical accounting change regarding R&D capitalization is a massive shift in Snowflake's business model. Historically a strict, multi-tenant SaaS platform, Snowflake is now …
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| 80 | 2026-03-20 | SNOW | 10-K | Future Bet | ▲ | 5/5 | high |
Filing company — direct subject of disclosure
RPO surged to $9.8B at January 31, 2026 — up 42% from $6.9B a year earlier and up 41% from $6.9B as of July 2025. This is the strongest RPO growth Snowflake has reported, driven by large enterprise ca…
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| 80 | 2026-03-20 | SNOW | 10-K | Strategic Shift | ▼ | 5/5 | high |
Filing company — direct subject of disclosure
Snowflake acquired Observe for $596M (Feb 2026, subsequent event) — $286M cash plus $285M in stock plus RSUs — after already acquiring Crunchy Data (Jun 2025) and Datavolo (Nov 2024). Three acquisitio…
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| 80 | 2026-03-20 | SNOW | 10-K | Asymmetric Info | ▲ | 5/5 | high |
Filing company — direct subject of disclosure
Full-year FY2026 product revenue reached $4,472M (+29% YoY), reaccelerating from FY2025's growth rate, with 733 customers above $1M TTM product revenue (up from 576). Net revenue retention stabilised …
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| 35 | 2026-03-02 | CRM | 10-K | Future Bet | ◆ | — |
Legacy import: direction not extracted at source
Salesforce has finalized the acquisition of data management giant Informatica, taking on $6 billion in debt to do so. This is a massive capital allocation betting that data integration and master data…
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| 21 | 2025-12-05 | SNOW | 10-Q | Asymmetric Info | ▲ | 5/5 | high |
Filing company — direct subject of disclosure
Q3 FY2026 revenue reached $1,213M (+28.8% YoY) with product revenue at $1,159M. The growth rate held steady versus Q2's pace despite a larger base, suggesting demand acceleration rather than the decel…
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All Inbound Impacts (24)
Every signal pointing at SNOW from another company's filings.
| Date | From | Filing | Cat | Dir | Conf | Mag | Mechanism |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | SNOW | 8-K | Strategic Shift | ▲ | 4/5 | medium |
Filing company — direct subject of disclosure
Snowflake is changing its top revenue leadership, replacing Michael Gannon with Jonathan Beaulier. Beaulier's specific background in 'U.S. Majors' and 'Financial Services & Insurance' reveals a delibe…
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| 2026-03-20 | SNOW | 10-K | Strategic Shift | ▼ | 5/5 | high |
Filing company — direct subject of disclosure
Snowflake is fundamentally shifting its identity from a purely analytical database (OLAP) to a hybrid transactional and analytical processing (HTAP) platform. By offering a fully managed Postgres data…
|
| 2026-03-20 | SNOW | 10-K | Strategic Shift | ▼ | 5/5 | high |
Filing company — direct subject of disclosure
Snowflake is fundamentally shifting its business model from a proprietary, walled-garden storage architecture to an open-compute model. By natively supporting Apache Iceberg and allowing data to resid…
|
| 2026-03-20 | SNOW | 10-K | Future Bet | ▼ | 5/5 | high |
Filing company — direct subject of disclosure
Snowflake is executing an aggressive M&A strategy to build an 'AI Data Cloud' ecosystem that moves well beyond data warehousing. Most notably, the acquisition of Observe, Inc. signals a direct expansi…
|
| 2026-03-20 | SNOW | 10-K | Future Bet | ▼ | 5/5 | high |
Filing company — direct subject of disclosure
Snowflake is making a nearly $600M bet to enter the observability and log management market. By acquiring a native AI-powered observability platform to integrate into their Data Cloud, Snowflake aims …
|
| 2026-03-20 | SNOW | 10-K | Asymmetric Info | ◆ | 5/5 | high |
Filing company — direct subject of disclosure
Buried entirely within a technical accounting change regarding R&D capitalization is a massive shift in Snowflake's business model. Historically a strict, multi-tenant SaaS platform, Snowflake is now …
|
| 2026-03-20 | SNOW | 10-K | Future Bet | ▲ | 5/5 | high |
Filing company — direct subject of disclosure
RPO surged to $9.8B at January 31, 2026 — up 42% from $6.9B a year earlier and up 41% from $6.9B as of July 2025. This is the strongest RPO growth Snowflake has reported, driven by large enterprise ca…
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| 2026-03-20 | SNOW | 10-K | Strategic Shift | ▼ | 5/5 | high |
Filing company — direct subject of disclosure
Snowflake acquired Observe for $596M (Feb 2026, subsequent event) — $286M cash plus $285M in stock plus RSUs — after already acquiring Crunchy Data (Jun 2025) and Datavolo (Nov 2024). Three acquisitio…
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| 2026-03-20 | SNOW | 10-K | Asymmetric Info | ▲ | 5/5 | high |
Filing company — direct subject of disclosure
Full-year FY2026 product revenue reached $4,472M (+29% YoY), reaccelerating from FY2025's growth rate, with 733 customers above $1M TTM product revenue (up from 576). Net revenue retention stabilised …
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| 2026-03-12 | CRM | 8-K | Asymmetric Info | ◆ |
Legacy import: direction not extracted at source
Buried deep within the boilerplate forward-looking statements is confirmation of the acquisition of Informatica. While rumors of this deal had circulated (and reportedly died) in previous years, this …
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| 2026-03-02 | CRM | 10-K | Future Bet | ◆ |
Legacy import: direction not extracted at source
Salesforce has finalized the acquisition of data management giant Informatica, taking on $6 billion in debt to do so. This is a massive capital allocation betting that data integration and master data…
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| 2026-02-25 | SNOW | 8-K | Asymmetric Info | ▼ | 4/5 | medium |
Filing company — direct subject of disclosure
Snowflake is quietly shifting its principal executive office back to Menlo Park, California (Silicon Valley) from Bozeman, Montana. This represents a significant reversal of its highly publicized pand…
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| 2026-02-02 | SNOW | 8-K | Future Bet | ▲ | 4/5 | medium |
Filing company — direct subject of disclosure
Snowflake is acquiring Observe, Inc., executing a significant related-party M&A transaction. Because Observe's CEO was concurrently sitting on Snowflake's Board of Directors and its Cybersecurity Comm…
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| 2026-02-02 | SNOW | 8-K | Asymmetric Info | ◆ | 4/5 | medium |
Filing company — direct subject of disclosure
The filing reveals the mechanics of a quiet, related-party transaction. Snowflake is buying a company run by its own board member. While approved by a special committee, this highlights that Snowflake…
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| 2025-12-08 | CFLT | 8-K | Strategic Shift | ◆ |
Legacy import: direction not extracted at source
IBM acquiring Confluent for $31/share all-cash. IBM's second major data infrastructure acquisition after HashiCorp, building comprehensive data platform stack. Confluent's real-time data streaming bec…
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| 2025-12-05 | SNOW | 10-Q | Asymmetric Info | ▲ | 5/5 | high |
Filing company — direct subject of disclosure
Q3 FY2026 revenue reached $1,213M (+28.8% YoY) with product revenue at $1,159M. The growth rate held steady versus Q2's pace despite a larger base, suggesting demand acceleration rather than the decel…
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| 2025-12-05 | SNOW | 10-Q | Future Bet | ▲ | 4/5 | medium |
Filing company — direct subject of disclosure
A third-party AI service agreement was signed in November 2025 (disclosed as subsequent event). While details are limited, this signals Snowflake is making commitments to external AI compute/inference…
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| 2025-12-05 | SNOW | 10-Q | Wildcard | ◆ | 4/5 | medium |
Filing company — direct subject of disclosure
LAUSD (Los Angeles Unified School District) filed claims on October 29, 2025, related to the 2024 cybersecurity breach. This is the first concrete litigation materialising from the Snowflake customer …
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| 2025-12-05 | SNOW | 10-Q | Asymmetric Info | ▲ | 4/5 | medium |
Filing company — direct subject of disclosure
Deferred sales commissions (current portion) surged 72% to $167.9M from $97.7M, significantly outpacing revenue growth of 28.8%. This signals that Snowflake's sales team is closing substantially more …
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| 2025-12-05 | SNOW | 10-Q | Strategic Shift | ▼ | 4/5 | medium |
Filing company — direct subject of disclosure
Crunchy Data acquisition (closed June 2025) added $118M in goodwill. Snowflake is investing in PostgreSQL compatibility — a direct competitive move against Databricks and traditional data warehouse ve…
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| 2025-12-04 | CRM | 10-Q | Asymmetric Info | ◆ |
Legacy import: direction not extracted at source
Buried in the subsequent events and debt XBRL tags is evidence of a major November 2025 transaction involving Informatica Inc. (INFA) supported by an unsecured line of credit. This strongly implies Sa…
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| 2025-12-04 | CRM | 10-Q | Future Bet | ◆ |
Legacy import: direction not extracted at source
Salesforce is committing nearly $10 billion (funded largely by $6 billion in new debt) to acquire a foundational enterprise data management platform. This bet signals management's belief that owning t…
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| 2025-11-04 | PLTR | 10-Q | Strategic Shift | ◆ |
Legacy import: direction not extracted at source
US commercial revenue grew 121% YoY to $397M. Total revenue hit $1.18B (+63% YoY). AIP/Foundry bootcamps converting enterprise prospects at unprecedented rate. Commercial now 46% of revenue, continuin…
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| 2025-10-27 | SNOW | 8-K | Wildcard | ◆ | 5/5 | high |
Filing company — direct subject of disclosure
A Snowflake executive went on an Instagram podcast and made forward-looking financial statements without authorization, forcing an emergency 8-K walking back the comments. Remarkable internal controls…
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Outbound Impacts — SNOW's filings affect these tickers
| Date | Filing | Target | Cat | Dir for target | Mechanism |
|---|---|---|---|---|---|
| 2026-03-20 | 10-K | AMZN | Strategic Shift | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | MSFT | Strategic Shift | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | GOOG | Strategic Shift | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | MDB | Strategic Shift | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | AMZN | Strategic Shift | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | MSFT | Strategic Shift | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | GOOG | Strategic Shift | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | DDOG | Future Bet | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | DT | Future Bet | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | CSCO | Future Bet | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | DDOG | Future Bet | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | DT | Future Bet | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | ESTC | Future Bet | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | SPLK | Future Bet | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | ORCL | Asymmetric Info | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | TDC | Asymmetric Info | ◆ | Legacy import: direction not extracted at source |
| 2026-03-20 | 10-K | PLTR | Asymmetric Info | ◆ | Legacy import: direction not extracted at source |
| 2025-12-05 | 10-Q | NVDA | Future Bet | ◆ | Legacy import: direction not extracted at source |
Catalysts
| Date | Type | Confidence | Source | Description |
|---|---|---|---|---|
| 2026-05-27 | earnings | confirmed | yfinance | Next earnings (per yfinance) |
| 2026-05-28 | earnings | confirmed | yfinance | Next earnings (per yfinance) |