It had been a very difficult year for Snowflake (NYSE: SNOW) stock going into its fiscal 2025 third-quarter earnings report. Then investors got something to cheer about in its results and the stock skyrocketed higher.

Shares of data warehouse-as-a-service Snowflake (NYSE:SNOW) jumped 32.4% in the morning session after the company reported a strong "beat and raise" quarter. It was encouraging to see Snowflake exceed analysts' revenue expectations this quarter (fiscal Q3'2025) with a net revenue retention rate (NRR) that didn't fall at all from last quarter.

Snowflake's (NYSE: SNOW) stock soared 33% on Nov. 21 after the cloud-based data warehouse provider posted its latest earnings report. For the third quarter of fiscal 2025, which ended on Oct. 31, its revenue rose 28% year over year to $942.

After struggling since the spring, Snowflake (NYSE: SNOW) stock has surged much higher following the release of earnings for its fiscal 2025's third quarter (ended Oct. 31). After an abrupt leadership change and questions about how well it could compete amid the rise of artificial intelligence (AI),