ATLAS
AI infrastructure software·US·Bozeman, MT·#13 / 19 in segment·0.7% of segment mcap
$166.97
-34.0% vs S&P 12m

Cloud data warehouse plus Snowpark Container Services and Cortex AI; pivoting to AI workloads on data.

Owns the largest pool of enterprise structured data; if AI agents pay rent on top of warehouses, Snowflake collects.

Products
  • Data warehouse
  • Snowpark
  • Cortex AI
  • Marketplace
Customers (1)
  • Enterprises globally
Competitors (3)

Composite score

Higher = stronger overall research case

55
Fundamental70
Technical34
Valuation20
AI relevance75
Risk-adjusted (higher = safer)49
Segment-relative fundamental percentile: 77

Synthetic 1Y price action

Deterministic price series; 50d (yellow) and 200d (orange) MAs shown

3M RS: -15.1%6M RS: -45.3%12M RS: -34.0%Vol30d: 75%DD52w: -39.8%

Financial summary

Curated, illustrative

Revenue
$4.68B
Growth (YoY)
30.1%
Gross margin
67.2%
Operating margin
-33.2%
FCF
$1.59B
Capex
$0.00
Net cash / (debt)
$1.29B
ROIC
-9.9%
Customer conc.
Medium

Valuation

Market cap
$57.87B
Enterprise value
$56.58B
P/E (TTM)
Forward P/E
68.9x
EV / Sales
12.1x
EV / EBITDA
90.0x
P / FCF
36.5x
PEG
4.7x
Rule of 40
55.0%

Risks

Severity 1 (low) to 5 (severe)

  • 3
    Consumption pricing optimization headwind
  • 4
    Stock-based comp dilution

Score components

What drove the composite

Growth86
Profitability20
Cash generation94
Balance sheet86
Moat / AI relevance75
Capital intensity (higher = lighter)83
Customer diversification60
Valuation discipline (dilution)65
Trend (MA50/MA200)29
Momentum (3/6/12m)34
Relative strength48
Realized vol (higher = lower vol)25