Snowflake Inc. (NYSE:SNOW) is one of the the most promising future stocks to buy now. Bank of America Securities maintained a buy rating on Snowflake Inc. (NYSE:SNOW) on February 6, setting a price target of $275. Rosenblatt Securities also reaffirmed a buy rating on Snowflake Inc. (NYSE:SNOW) on February 3.

In a separate development, Snowflake Inc. (NYSE:SNOW) announced on Feb. 4 that United Rentals rolled out a new AI agent based on Snowflake Intelligence to operations teams working in more than 1,600 branches. Management reported that the Business Intelligence Agent enables sales leaders, regional teams and branch managers to ask questions about their company’s data in plain language, drill down and get actionable insights quickly. The deployment facilitates interaction with company data across financial and operational functions allowing employees a more flexible and conversational mode of interaction. Thus, employees can use the agent to analyze financial and operational data and obtain real-time insights through natural language queries.

Snowflake Inc. (NYSE:SNOW) further reported that United Rentals is leveraging the Snowflake Cortex code to accelerate the testing, development and iteration of additional AI agents, based on the same controls and underlying data. So United Rentals is accelerating AI innovation across the business, with support from Snowflake Inc. (NYSE:SNOW) as a secure and governed database.

Snowflake Inc. (NYSE:SNOW) provides cloud data storage software and offers Data Cloud, an ecosystem that enables customers, data providers, partners and data consumers to break down data silos and derive value from data. The company’s platform supports a variety of use cases, including data lakes, data warehousing, data engineering, data application development, data science, and data sharing.

While we recognize SNOW’s potential as an investment, we believe certain AI stocks offer greater upside potential and less downside risk. If you’re looking for an extremely undervalued AI stock that will also benefit significantly from Trump-era tariffs and the onshoring trend, check out our free report on the best short term AI stock.

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Disclosure: no. This article is originally published in Monkey Insider.