AI工具盈利能力遭质疑 Snowflake(SNOW.US)弱指引引发股价跳水

智通财经2025-12-04

智通财经APP获悉，Snowflake(SNOW.US)周三公布了超预期的第三财季业绩，然而，该公司提供的营业利润率展望低于分析师预期，并且其产品营收预测未能满足投资者对更高增长率的期待，这引发了投资者对其新型人工智能(AI)工具盈利能力的担忧。受此影响，该公司股价盘后出现下挫。财报显示，在截至10月31日的第三财季，该公司营收为12.1亿美元，高于分析师此前预估的11.8亿美元，其中，产品收入...

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Davidson分析师Gil Luria表示，“但我们相信这一增长将在下一季度实现，从而继续推动股价上行。”财报公布后，该公司股价盘后交易一度下跌逾9%，而在宣布与Anthropic合作后收复部分失地。今年以来，该股累计涨幅达72%。据了解，随着企业对数据整理、存储和安全的需求日益增长，专注于开发云端企业数据整理、分析及存储软件的Snowflake持续受益于AI需求的扩张。自2024年初Sridhar Ramaswamy出任首席执行官以来，该公司重点发力平台内AI工具与数据的融合应用，并于今年达成四项收购交易，主要旨在强化这一战略布局。周三，公司同时宣布与Anthropic PBC建立2亿美元合作伙伴关系，将在其平台中集成这家初创公司的Claude AI模型。然而，自11月3日触及2025年高点277.14美元以来，其股价已有所回落。近期科技股持续面临市场对AI泡沫的担忧——尽管企业持续投入巨资，但尚未获得显著的实质性回报。除泡沫担忧外，投资者也密切关注Snowflake面临的竞争压力，特别是与Databricks等公司的角逐。据11月的报道称，Snowflake的主要竞争对手、私有数据软件提供商Databricks正洽谈新一轮融资，估值有望突破1300亿美元。若达成这一估值，该初创公司的市场价值将显著高于Snowflake周三收盘时897亿美元的市值。Bernstein分析师Firoz Valliji在财报发布前表示：“长期来看，新任CEO领导下的创新举措与执行聚焦令我们备受鼓舞，但我们仍担忧其核心市场竞争正日趋激烈。”不过，D.A. Davidson的Luria对此并不担心。“在当前软件行业环境下，Snowflake正迎来显著顺风，Databricks构成的威胁有限，”他进一步补充道，“我们持续了解到，尽管两家业务有所交叉，但各自仍拥有广阔的发展空间。”","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2588204260","isCrawlerRequest":true}