In the recent series of reports, the overall sentiment towards ServiceNow stock appears mixed. The stock has been underperforming the Nasdaq, with a decline of 14.1% since the last earnings report, and it saw a further 12.8% drop after Q3 despite a reportedly robust performance, sparking suggestions that it may offer a bargain opportunity. AI integration is believed to significantly shape ServiceNow's value, despite multiple headwinds leading to a downturn in trading. ServiceNow also joined the stock split frenzy with a 5-for-1 split, making the stock more purse-friendly and reportedly hinting at good investment timing.
Several analysts from Macquarie and UBS retain a buy rating for ServiceNow. However, Macquarie downgraded the stock to a Hold rating, citing limited near-term upside. Despite devaluation concerns, there's a consensus among analysts for a Moderate Buy rating. The company's planned AI partnerships form part of the investment story, while AI-driven outperformance resulted in JPMorgan raising the price target. Nonetheless, Jim Cramer's remarks suggest caution around AI's impact on earnings.
Servicenow Stocks News Analytics from Wed, 23 Jul 2025 07:00:00 GMT to Sat, 29 Nov 2025 09:07:53 GMT - Rating 2 - Innovation -1 - Information 6 - Rumor -4