The performance of ServiceNow's stock compared to other software and services stocks is a dominant topic reported by multiple outlets. Chelsey Taft & Associates bought 452 shares of ServiceNow inc. It has consistently recommenced as a top growth and momentum stock for long-term investors. The stock is currently trading at 14.92X P/S which raises questions on whether investors should buy, sell, or hold. Jacqueline P. Canney an insider at the firm, recently sold 145 shares. Competition arises as firms like Pegasystems challenge ServiceNow's position in the Workflow Automation Market. While some firms like Hennion & Walsh Asset Management and Intellectus Partners have increased their stock holdings, Congress Asset Management Co. has sold 568 shares. Sarasin & Partners and Bay Rivers Group have acquired more than 23,500 shares of ServiceNow. Despite certain fluctuations, the stock is deemed a revolutionary choice with AI-Powered CTRL WRK Platform and the newly disclosed AI financial target for 2026. On the downside, the CEO of ServiceNow, William McDermott recently sold $2.07 million worth of stock, and shares have traded lower in Q1. However, TD Cowen raised the stock price target to $1,150 indicating promising prospects."+ "Despite the drop, the company achieved $1.1 billion in Workflow revenue and continues riding the Generative AI wave.
Servicenow Stocks News Analytics from Thu, 24 Apr 2025 07:00:00 GMT to Sat, 07 Jun 2025 20:06:02 GMT - Rating 6 - Innovation 5 - Information 8 - Rumor -4
