ServiceNow Inc. revealed its
financial target for 2026, leaning heavily on
Artificial Intelligence capabilities. The announcement has sparked a surge in ServiceNow's stock price despite recent sell-offs by the company's president, CFO and general counsel. Several fund managers, including
Sustainable Growth Advisers, LP and
Ethic Inc., have purchased large shares of ServiceNow. Wall Street analysts are bullish, with price targets raised by multiple firms, including
Scotiabank,
Stifel and
Oppenheimer. Praise for ServiceNow's strong portfolio and robust partner base predicts further price improvements. There's optimism around ServiceNow's integration with Zoom Communications for
AI-driven customer service enhancements. Yet ServiceNow experienced a decline when its guidance fell short of expectations. The company unveiled several
AI innovations at Knowledge 2025, furthering positioning itself as a leader in growth stocks. Lastly,
ServiceNow's earnings exceeded Wall Street expectations, prompting further investment from financial institutions such as
Ameriprise Financial Inc. and
Atalanta Sosnoff Capital LLC, raising the question: is it too late to buy into ServiceNow?
Servicenow Stocks News Analytics from Mon, 14 Apr 2025 07:00:00 GMT to Sat, 10 May 2025 20:33:38 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor 5
