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ServiceNow stock seen doubling as AI growth and strong subscriptions drive bullish outlook.

Analyst Insights
17 Aug 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

ServiceNow shares have rebounded from a significant decline, with a 24/7 Wall St. price target of $249.84, implying over 100% upside in the next year. The bullish case is supported by rapid AI monetization, strong subscription revenue growth, and a valuation reset. Despite some GAAP margin pressures due to acquisitions, the company’s AI and cybersecurity businesses are expanding quickly. Risks include federal budget uncertainties and acquisition integration, but overall confidence in ServiceNow’s growth and profitability remains high.

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