ServiceNow's stock has dropped 20% over the past year amid concerns about AI disrupting its enterprise software revenue. Despite a recent earnings miss and lowered growth guidance, Bernstein projects a 75% upside, betting on strong AI-driven revenue growth and improved free cash flow margins by 2027. The company's AI tools are gaining traction, with management targeting AI to account for 30% of annual contract value by 2030. Investors should watch upcoming quarterly results closely to see if AI momentum translates into sustained revenue growth and margin recovery.
As of Oct 29, 2026 19:41 WIB, ServiceNow (NOW) trades at USD 122.80 on Pluang, down 18.20% in one day and well below its 52-week high of USD 186.94. The stock is closer to its 52-week low of USD 83.00, reflecting significant recent volatility. Pluang data also shows a strong sell sentiment with 93% of orders being sell orders, indicating cautious investor behavior despite Bernstein's optimistic outlook.
ServiceNow reported Q3 2026 revenue beating estimates but forecasted slower contract revenue growth, causing its stock to fall 19%. Despite raising its AI annual contract value target and expanding AI partnerships, investors are concerned about the s...
After-hours trading saw Fortinet and ServiceNow stocks drop sharply despite both companies beating revenue estimates for the September quarter. Fortinet's stock fell 25.7% and ServiceNow's 18.1%, dragging down other software stocks amid concerns over...
ServiceNow shares fell 19% after reporting mixed Q3 results and lowering Q4 revenue guidance, despite announcing a major AI partnership with OpenAI. The deal includes a ChatGPT plugin and AI workflow tools, signaling AI integration but raising concer...
ServiceNow's stock dropped almost 18% in premarket trading following its third-quarter results, which showed revenue beating expectations but earnings falling short. This decline could be the largest percentage drop in the company's history if it hol...
ServiceNow reported mixed third-quarter results, missing earnings expectations despite raising its full-year AI contract target to $1.7 billion due to a surge in large enterprise deals. The earnings miss overshadowed the company's AI momentum, causin...
