ServiceNow's stock dropped more than 3% on Thursday, underperforming the broader market rally as investors took profits after a recent rebound. The Nasdaq gained 2.48% and the S&P 500 rose 1.22%, while ServiceNow struggled with technical resistance and a bearish longer-term trend. The company also expanded its AI partnership with IBM to enhance enterprise data and automation solutions, with new offerings expected in late 2026. Analysts maintain a Buy rating with an average price target of $139, expecting revenue growth despite slightly lower earnings in the upcoming report due July 22, 2026.
AI token spending is decreasing as the era of subsidies ends and billing based on actual compute usage becomes standard. This change reflects a maturing AI market where pricing now balances supply, demand, and resource allocation more efficiently. Co...
NowVertical Group Inc. has appointed Andre Garber, its Chief Development Officer and co-founder, as interim CEO following the departure of former CEO Sandeep Mendiratta. The board is actively searching for a permanent CEO with expertise in enterprise...
ServiceNow's stock has fallen sharply, down 16.2% in a week and over 30% year to date, amid sector-wide software sell-offs and Federal Reserve policy changes. Despite the price drop, the company reports strong fundamentals with over 20% subscription ...
ServiceNow's stock gained about 2% even as major indexes fell, showing resilience driven by strong demand and technical strength. Analyst Stefan Slowinski highlighted the company's path to over $30 billion in subscription revenue by fiscal 2030, supp...
ServiceNow notified some enterprise customers about a software bug that allowed unauthorized internet users to access their data without credentials. The bug, patched on June 5, affected customer instances hosted by ServiceNow, potentially exposing s...
