The market sentiment surrounding
ServiceNow Inc (NOW) appears to be a mix of bullish and bearish perspectives. While a number of institutions and analysts have raised their price targets and reiterated
buy ratings due to the company's strong momentum and potential upside, other entities have reduced their holdings significantly.
Artificial Intelligence (AI) growth seems to be a significant factor in bullish sentiment as multiple stakeholders, including BofA and Cantor Fitzgerald, are expecting promising returns on the back of
AI-driven business expansion. However, ServiceNow's upcoming Q2 results release and the stock trading 16% below its 52-week high create uncertainty. Additionally,
selloffs from various affiliates and the transition of
AI agents to a consumption-based model could potentially introduce additional volatility. Also noteworthy, ServiceNow’s $2.85 billion Moveworks deal is currently under a DOJ antitrust probe.
Servicenow Stocks News Analytics from Tue, 29 Apr 2025 07:00:00 GMT to Sat, 19 Jul 2025 22:58:47 GMT -
Rating -1
- Innovation 2
- Information 3
- Rumor -1
