Top 10 AI Stocks on the Move and on Analysts’ Radar

2. Snowflake Inc (NYSE:SNOW)

Number of Hedge Fund Holders: 85

Snowflake Inc (NYSE:SNOW) is a technology company that offers a cloud-based data warehousing platform that allows users to store, analyze, and securely share large volumes of data. It offers Snowflake Cortex a suite of AI features that use large language models to understand unstructured data. It also offers Snowflake ML, which provides functionalities for building traditional machine learning models.

On February 21, analysts at KeyBank Capital Markets reiterated their optimistic stance on the company with an Overweight rating and a $210 price target. The bullish buy rating follows a recent survey that showed Snowflake is well-positioned to benefit as online analytical processing becomes a key priority. The company is experiencing strong momentum on its new product offerings, such as data engineering, and has achieved over $200 million in annual recurring revenue. Cortex is expected to contribute a few percentage points to growth in fiscal year 2026.