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This Is Why Some Snowflake Investors Are Worried

·1 min read
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On June 10, 2021, Snowflake released its investor presentation, and the company projects roughly $10 billion in revenue for its fiscal year (FY) 2029. It is important to note that so much can happen between now and Snowflake's FY 2029 that these projections can change in a matter of time and make the company look more or less attractive in price. Snowflake's management believes that even by FY 2029, Snowflake will still be an impressive growth machine with roughly 30% year-over-year revenue growth and 15% in adjusted free cash flow margin.