ServiceNow to buy Moveworks for $2.85B to grow its AI portfolio
ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools.
Should You Buy ServiceNow Stock at Current Prices?
ServiceNow (NOW -1.90%) utilizes artificial intelligence to help enterprises improve operations.
ServiceNow (NOW) Stock Sinks As Market Gains: Here's Why
In the closing of the recent trading day, ServiceNow (NOW) stood at $850.63, denoting a -1.9% change from the preceding trading day.
Is ServiceNow (NOW) a Buy as Wall Street Analysts Look Optimistic?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
ServiceNow (NOW) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ServiceNow (NOW) closed at $929.76 in the latest trading session, marking a +0.96% move from the prior day.
Why ServiceNow Stock Bumped Higher on Hump Day
Business software specialist ServiceNow (NOW 2.13%) announced a piece of business on Wednesday, and the market rewarded the company for it. The stock ended that day's trading session more than 2% higher, in contrast to the flat performance of the S&P 500 index.
ServiceNow, Inc. (NOW) Is a Trending Stock: Facts to Know Before Betting on It
ServiceNow (NOW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Investors Heavily Search ServiceNow, Inc. (NOW): Here is What You Need to Know
Zacks.com users have recently been watching ServiceNow (NOW) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
ServiceNow Declines 10% Since Q4 Results: What Should Investors Do?
NOW's near-term results are expected to suffer from unfavorable forex and sluggish Agentic AI revenues despite a strong portfolio and partner base.
ServiceNow: The Dip Is A Gift
The recent 10% pullback in ServiceNow stock could be a buying opportunity for long-term growth investors, despite slightly missing guidance estimates. ServiceNow is a leader in AI innovation and automation, with a growing TAM and strong customer base, including many Fortune 500 companies. Despite high valuation, NOW's industry leadership, strong margins, and cash flow make it a compelling investment with significant upside potential.
ServiceNow: The AI Orchestrator Poised For Enterprise Domination
ServiceNow's Q4 subscription revenue grew 21% YoY with 97% of revenue from subscriptions and a 98% renewal rate, demonstrating strong customer retention. The company has strategically integrated AI into their offerings which enhancing its platform with advanced AI capabilities, boosting product value and customer ROI. Despite soft guidance for FY2025, ServiceNow's AI products are growing rapidly, with new partnerships and innovative AI solutions like the AI Agent Orchestrator.
ServiceNow's Pivot To AI Consumption Pricing Is Margin Accretive (Rating Upgrade)
ServiceNow's shift to a consumption-based pricing model has caused short-term investor uncertainty, but is expected to drive long-term AI adoption and monetization from growing usage. Despite missing Q4 FY24 earnings estimates, ServiceNow reported 22.5% YoY revenue growth and increased both the number of $1M+ ACV customers and Average ACV, driven by AI product demand. Management's FY25 guidance of 18.5-19% subscription revenue growth and 30.5% operating margin reflects prudence amid FX headwinds and evolving pricing strategy.
