In recent developments in the tech market,
ServiceNow, a leading digital workflow company, has consistently exceeded earnings estimates. The company announced a five-for-one stock split, leading to mixed reactions from analysts and investors. Despite a 12.8% drop in
ServiceNow stocks, market analysts are optimistically forecasting growth for the software maker, citing valuable upside potential.
Jim Cramer gave a vote of confidence, claiming the company's earnings have yet to see substantial impact from artificial intelligence. Notably, CEO Bill McDermott affirmed that the
global economy is pivoting towards AI, adding to the robust bull case for ServiceNow, particularly following strong Q3 results and the development of AI-driven partnerships. Goldman Sachs and Oppenheimer have both increased their price target for the stock, reflecting strong confidence in the company's Q3 financial performance and AI trajectory. Amid strong earnings, ServiceNow further shared plans to redesign its investment narrative around AI automation through a new partnership with Dynatrace.
Roosevelt Investment Group LLC and
Wolfe Research reiterated their ratings on ServiceNow stock based on its Q3 results. On a cautious note, some share sell-offs have occurred, but the overall consensus rating from analysts remains a 'Moderate Buy'.
Cantor Fitzgerald,
Piper Sandler, and
DA Davidson have reaffirmed buy or overweight ratings either due to AI momentum or Q3 results.
Servicenow Stocks News Analytics from Mon, 25 Aug 2025 07:00:00 GMT to Sat, 01 Nov 2025 17:44:50 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -4
