ServiceNow will report its Q3 results on October 28, with shares up nearly 12% recently due to high expectations for its agentic AI growth. Last quarter, ServiceNow beat earnings estimates for the sixth time in a row, with revenue rising 24% and AI contracts exceeding $1 billion annually. The market is watching key metrics like AI contract value and current remaining performance obligations (cRPO) to see if growth sustains despite currency headwinds. The company trades at a premium 80-96x earnings multiple, reflecting optimism about AI, but this leaves little room for error in the upcoming report.
ServiceNow shares trade at USD 158.96 on Pluang as of Oct 24, 2026 23:02 WIB, up 1.25% in the last day. Despite recent gains, the stock is still below its 52-week high of USD 189.26. Pluang data shows a high sell order activity of 89%, indicating cautious investor sentiment ahead of the Q3 earnings report on October 28, which will be closely watched for updates on AI contract growth and revenue performance.
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