ServiceNow's stock (NOW) has been a hot topic, with various insights on how the company is leveraging
Artificial Intelligence (AI) to spearhead growth.
Premium product strategy and
AI-driven growth have proven to be catalysts, prompting JMP Securities to raise ServiceNow's
price target to $1,300. Numerous investment firms are either growing their existing position or taking fresh ones in the company. However, a few firms like
Gradient Investments and
Daymark Wealth Partners have reduced their stakes. Questions still loom on whether investors should add ServiceNow to their portfolios pre-Q4 earnings. The company's sustenance in the powerful momentum of
Enterprise Workflow Automation and AI revenue growth gives it a bullish outlook. Meanwhile, ServiceNow is expanding its
partner program, adding more upgrades to its growth engines. But, it also suffered a
10% drop recently, igniting discussions from analysts on whether it's an opportune time to invest.
Cantor Fitzgerald has estimated ServiceNow's FY2025 earnings, with optimistic future growth anticipated.
Servicenow Stocks News Analytics from Wed, 23 Oct 2024 07:00:00 GMT to Sat, 25 Jan 2025 14:00:31 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor 3
