SNOWFLAKE：云+数据+AI 构筑大模型时代核心数据底座

中金公司2025-06-19

投资亮点首次覆盖SNOWFLAKE（SNOW）给予跑赢行业评级，目标价225.00 美元，基于P/S 估值法，对应18 倍2026 财年P/S，公司是全球领先的企业AI 数据云平台提供商。理由如下：Snowflake 是什么？Snowflake 是云原生的分析型数据库，初期以提供云数据仓库产品为主，而后负载持续丰富，构建起领先的AI 数据云解决方案。AI 数据云旨在成为企业的统一数据底座，能支持...

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