Billionaire Steve Cohen’s 10 Large-Cap Stock Picks With Huge Upside Potential

6. Snowflake Inc. (NYSE:SNOW)

Market Cap as of April 24: $49.24 Billion

Point72 Asset Management’s Equity Stake: $267.35 Million

Analysts’ Upside Potential as of April 24: $39.35%

Number of Hedge Fund Holders: 85

Snowflake Inc. (NYSE:SNOW) is a software application company that provides a cloud-based data platform. The platform includes artificial intelligence (AI) Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights. The growing traction of the company’s artificial intelligence-focused applications has helped strengthen the stock’s sentiments on Wall Street.

While Mizuho analysts cut the stock’s price target to $190 from $205 on April 14, they still reiterated a Buy rating. Snowflake Inc. (NYSE:SNOW) is one of the companies benefiting from the robust consumption of artificial intelligence solutions on the cloud. The company’s limited exposure to federal markets is also seen as a positive during heightened economic uncertainties and recession risks.

Snowflake Inc. (NYSE:SNOW) delivered better than expected fourth quarter fiscal 2025 results on booming demand for its artificial intelligence products. Its Q4 2025 earnings per share totalled $0.30 as revenues rose 27% year-over-year to $986.8 million. The Cloud data warehouse company expects revenues of between $955 million and $960 million for its Q1 2026 quarter, representing a growth of between 21% and 22%.