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Snowflake Inc. (NYSE:SNOW) is one of the 15 Best AI Stocks That Will Make You Rich in 10 Years.

On June 17, 2026, Snowflake Inc. (NYSE:SNOW) announced that Unlimitail selected Snowflake to power its retail media network. Unlimitail will build its upcoming Global Retail Media Data Hub on Snowflake, using Snowflake Data Clean Rooms to let retailers activate first-party data at scale and collaborate securely.

On June 5, Truist raised its price target on Snowflake to $300 from $275 and kept a Buy rating. After discussions at Snowflake Summit 2026, Truist said customer and partner feedback suggested Snowflake's CoCo tools are accelerating workload creation, migrations, and platform expansion. The firm said this is driving higher usage while strengthening Snowflake's role as a governance, connectivity, and orchestration layer for enterprise AI, supporting expectations for improved productivity, operating leverage, and long-term AI-driven growth.

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Earlier in June, Barclays analyst Raimo Lenschow raised the firm's price target on Snowflake to $285 from $272 and kept an Equal Weight rating. Lenschow said Barclays left the company's investor day more positive on the shares. The firm said "faster product velocity is clear" and Cortex Code appears to be driving an early, multi-pronged positive effect on usage. Barclays also noted that Snowflake's financial updates were limited outside of GAAP profitability, arriving significantly earlier than expected.

Snowflake Inc. (NYSE:SNOW) provides a cloud-based data platform for organizations in the United States and internationally.

While we acknowledge the potential of SNOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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