The ServiceNow stocks have seen ups and downs recently with various analysts raising price targets, while the company records a volume decrease. Despite pullbacks, experts back the company with a $1,300 target. AI products have been pivotal in maintaining the optimistic outlook for the company according to JMP. Moreover, the company indicates strong Q1 results coupled with a 'conservative' outlook.
Several investors like Invesco Ltd, Middleton & Co. Inc, and Comprehensive Financial Planning Inc are reducing their holdings. Conversely, certain firms like Advyzon Investment Management, Fayez Sarofim & Co, and Allianz SE are increasing their stake. Interestingly, many new shares have been acquired by organizations such as Waycross Partners, AlphaCore Capital and Goldman Sachs Group.
ServiceNow plans to invest $750 million in Genesy. As AI momentum continues to grow, investors are considering if ServiceNow stocks are a viable purchase. A positive earnings report and continued demand growth in AI have resulted in several rallying behind the stockβs potential.
Servicenow Stocks News Analytics from Tue, 24 Jun 2025 07:00:00 GMT to Sat, 09 Aug 2025 12:25:45 GMT - Rating 2 - Innovation 8 - Information 6 - Rumor 4