Snowflake Inc. is set to announce its fiscal first quarter 2027 financial results on Wednesday, May 27, 2026, after the US stock market closes.

Wall Street analysts project the cloud data warehousing company to report earnings of $0.32 per share, with revenue expected to reach $1.3237 billion for the quarter.

>>> Bitcoin Faces Volatility and Declines Over 12 Percent This Year

Investors can access the official summary and live conference call at 5:00 PM Eastern Time on the scheduled day.

Strong Previous Quarter Sets the Stage

The upcoming report follows a strong preceding quarter where Snowflake outperformed market estimates.

The company delivered earnings of $0.32 per share against a predicted $0.27, while generating $1.28 billion in revenue, marking a 30.1% increase compared to the same period in the prior year.

Market equities data shows Snowflake currently holds a market capitalization of $58.55 billion, opening at $169.36 on Wednesday.

The firm retains a negative return on equity of 50.61% and a negative net margin of 28.43%, while maintaining equal current and quick ratios of 1.30.

Insider Trading and Institutional Activity

Recent regulatory filings with the Securities and Exchange Commission show notable insider trading activity.

Company directors and executives sold a combined total of 284,313 shares valued at $46,617,373 over the last 90 days, leaving corporate insiders with a 6.80% ownership stake.

>>> TD Cowen Maintains Buy Rating on Amazon After Grocery Delivery Expansion

Director Frank Slootman executed a sale of 88,701 shares on March 18 at an average price of $175.93, reducing his direct ownership by 69.98%.

Additionally, Executive Vice President Christian Kleinerman liquidated 10,000 shares on March 2 at an average price of $165.01, representing a 1.92% decrease in his holdings.

Institutional investments remained active alongside insider shifts, with institutional investors and hedge funds holding 65.10% of the company's stock.

New positions were established by Kemnay Advisory Services Inc., Greenline Wealth Management LLC, and Strive Financial Group LLC during the fourth quarter.

Analyst Ratings and Price Targets

Financial research firms maintain a generally positive outlook on the stock ahead of the earnings call.

Out of the analysts tracking the company, one issued a strong buy rating, 33 assigned a buy rating, five issued a hold rating, and two assigned a sell rating.

>>> Tiger Global Acquires Lumentum Shares as AI Infrastructure Demand Surges

Data aggregated by MarketBeat.

com indicates that Snowflake holds an average rating of "Moderate Buy" with a consensus price target of $242.19.