Is Snowflake (SNOW) Too Expensive For Its Sales Today?

Snowflake has been on a strong multi year run, which leaves a straightforward question for anyone looking at the stock today. Is the current share price adequately supported by what the business is generating in sales? Over the past 3 years the stock has returned 117.1%, putting a lot of weight on whether its revenue base can justify that kind of move. The newly announced US$3.5b zero coupon convertible notes may reshape how Snowflake funds growth, which can affect how investors weigh its...