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ServiceNow targets $30B revenue by 2030, backed by AI growth and Nvidia endorsement.

Market News
20 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

ServiceNow is positioning itself as a key player in enterprise AI infrastructure, aiming for over $30 billion in subscription revenue by 2030 with strong free cash flow margins and revenue growth. The company benefits from a large $600 billion total addressable market and has received public endorsement from Nvidia's CEO, who calls ServiceNow the 'AI enterprise operating system.' Despite recent stock weakness in software, ServiceNow trades at a valuation discount relative to its AI growth potential, offering significant upside for investors.

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