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This Is Why ServiceNow Stock Plunged Today
ServiceNow (NYSE: NOW) is one of the most well-known software companies. It is in the cloud and data storage industry, so it has been quite a hot name over the past few months. In fact, NOW stock is still up 25% despite the recent decline.
ServiceNow Stock Plunges on Slowing Subscription Revenue Growth Forecast
Shares of ServiceNow tanked 12% in intraday Thursday, as the software and IT services provider posted slower subscription revenue growth than it had forecast earlier and projected a slight decline in first-quarter growth.
Why ServiceNow Stock Is Plummeting Today
For the current quarter, ServiceNow is guiding for sales to come in between $2.995 billion and $3 billion -- representing growth of 18.75% year over year at the midpoint of the target. Remaining performance obligations at the end of the period are projected to be up 19.5%.
ServiceNow & 2 Other Stocks to Buy for Earnings Growth
Study a company’s revenues over a period and deduct production costs to find earnings, which is crucial for any organization’s survival. Irrespective of whether it is a start-up or a well-known company,
Why ServiceNow (NOW) Shares Are Plunging Today
What Happened? Shares of enterprise workflow software maker ServiceNow (NYSE:NOW) fell 13% in the morning session after the company reported fourth quarter results: With shares up roughly 20% in the last three months (before this print) and the stock making a 52-week high just earlier this week,
8h
on MSN
ServiceNow CEO on earnings: AI business grew 150% quarterly
Bill McDermott, ServiceNow chairman and CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results ...
14h
on MSN
ServiceNow Gives Lackluster Outlook on Slower AI Sales Bump
ServiceNow Inc. gave a fiscal-year sales outlook that fell short of expectations, saying it is focused on fueling adoption of ...
10h
ServiceNow Stock Drops On 2025 Outlook As Analysts Boost Price Targets
The decline in ServiceNow’s share price comes in the wake of a "lackluster outlook" for 2025 subscription growth on a slower artificial intelligence sales bump," ...
12h
ServiceNow’s Growth and Innovation: Analyst Recommends Buy Amidst Strong Performance and AI Strategy Advancements
In a report released today, Derrick Wood from TD Cowen reiterated a Buy rating on ServiceNow (NOW – Research Report), with a price target of ...
1d
ServiceNow Stock Falls as Revenue Comes In Shy of Estimates. AI Demand Stays Strong.
ServiceNow reported a mixed fourth quarter, forecasting subscription revenue that was just shy of Wall Street estimates, ...
Computer Weekly
11h
ServiceNow vaunts agentic AI and announces 22% annual revenue growth
ServiceNow has declared full-year revenue close to $11bn, representing 22% year-on-year growth, as it announces a battery of ...
12h
ServiceNow (NOW) Receives a Rating Update from a Top Analyst
Morgan Stanley analyst Keith Weiss maintained a Hold rating on ServiceNow (NOW – Research Report) today and set a price target of $960.00. The ...
20h
Agentic AI needs orchestration: How ServiceNow’s AI orchestrator automates complex enterprise workflows
Agents alone aren't enough for enterprise agentic AI workflows, that's where the power of AI orchestration could help to make a big difference.
1d
on MSN
Google and ServiceNow announce new partnership focused on enterprise AI growth
Google ( GOOG, GOOGL) and ServiceNow ( NOW) on Wednesday announced plans to bring ServiceNow’s Now Platform to Google’s Cloud ...
2d
on MSN
Atomicwork gets backing from Khosla for its AI alternative to old-school IT software like ServiceNow
Atomicwork has raised $25 million in a Series A round co-led by Khosla Ventures and Z47 to expand its AI agentic platform for ...
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