All articles tagged with #servicenow
Premarket software shares rise after Nvidia unveils the N1X PC chip (made with Microsoft), fueling a broad rally led by ServiceNow with about a 14% gain, followed by IBM, Hewlett Packard, and ARM as investors bet on a reinvention of the PC era.
Enterprise software stocks rose as investors rotated into AI-driven names, with ServiceNow jumping about 12% after earnings and AI-adoption conference chatter, Snowflake adding roughly 4.5% after a big earnings session (following a prior 36% jump), Oracle up around 8%, Microsoft higher by about 4% ahead of Build 2026, and other software names like Atlassian, GitLab and monday.com also advancing as enterprise AI adoption accelerates.
ServiceNow and NVIDIA expand enterprise AI governance by launching Project Arc, an autonomous desktop agent secured by NVIDIA OpenShell and governed by the ServiceNow AI Control Tower, with the agent running on employee desktops to perform complex work. The effort extends governance to data-centre workloads through the NVIDIA Enterprise AI Factory, and introduces NOWAI-Bench and EVA-Bench benchmarks as open-source tools. Project Arc is in early preview, the AI Control Tower integration is generally available, and NOWAI-Bench/EVA-Bench are available for industry-wide use.
ServiceNow beat Q1 figures but issued cautious guidance amid deal delays and margin pressure, triggering a 17% drop in NOW and a wave of price-target cuts from analysts (DA Davidson to 190, Piper Sandler to 140, BMO to 115, Citizens to 157, KeyBanc to 85). Despite the pullback, Wall Street remains constructive on the long term, citing strong AI momentum and Now’s leadership in enterprise automation and AI workflows. Revenue grew about 19% in constant currency and cRPO rose ~21%, with Now Assist and AI-driven initiatives continuing to support the bull case.
ServiceNow topped Q1 estimates, beating on revenue and matching EPS, while raising 2026 subscription revenue guidance by about $210 million. The company’s RPO backlog reached $27.7 billion, up 22% year over year, and AI revenue run rate hit $1.5 billion (up 50% YoY) with stronger AI products and partnerships with Nvidia, Microsoft, and Google Cloud. With the stock trading at under 24x 2026 EPS and >19% growth, NOW presents a potential long-entry for investors comfortable with volatility and AI-sector risk.
ServiceNow (NOW) slid roughly 18% after hours, as the company flagged slower Q1 sales growth linked to geopolitical tensions from the Iran conflict, trimming the stock from about $103 to the mid-$80s.
Stock futures edged lower Thursday as tensions in the Middle East weighed on markets; QuantumScape rose about 21% on stronger profitability signals and broader demand, while IBM, ServiceNow, and Altimmune fell on weaker margin guidance and dilution concerns.
ServiceNow posted Q1 revenue of about $3.77 billion and adjusted EPS of $0.97, beating estimates as subscription revenue rose 22% and remaining performance obligations reached $27.7 billion. Now Assist growth surged 130% for customers with >$1 million in annual contract value, and the company repurchased ~20.1 million shares. For Q2, subscription revenue guidance is $3.815–$3.82 billion and full-year 2026 subscription revenue is $15.74–$15.78 billion, though management cited a roughly 75-basis-point headwind from delayed on-premise deals in the Middle East due to regional conflict. The company also announced a deeper Google Cloud partnership to accelerate AI-driven autonomous operations. After-hours, NOW fell about 14%.
ServiceNow delivered a Q1 earnings beat with $3.77 billion revenue and 97 cents per share, but subscription growth was dampened by delayed deals in the Middle East due to regional conflict. The company raised its FY2026 subscription-revenue guidance to $15.74–$15.78 billion, highlighted ongoing AI initiatives and an expanded Google Cloud deal, and completed the Armis acquisition while repurchasing about 20 million shares and signaling another $5 billion in buybacks. The stock has been weaker in 2026, down roughly 30% YTD.
ServiceNow beat Q1 expectations and raised 2026 subscription revenue guidance to about $15.7–$15.8B (roughly 22%), driven by accelerating AI product adoption and the $8B Armis acquisition; CEO Bill McDermott labels AI threats as 'parlor tricks' and expects AI-related sales to reach at least $1.5B in 2026, while the stock fell about 13% after hours due to Middle East deal headwinds and margin questions.
ServiceNow's Zurich Release marks the platform's full entry into Agentic AI, enabling AI agents to autonomously plan, decide, and execute enterprise tasks across ITSM, ITOM, ITAM, HRSD, and CRM. With AI Control Tower and Now Assist boosting productivity, the solution is rapidly expanding in large enterprises, with 40% of customers already activating AI Agent features and a 60%+ share among large organizations. The article also notes rising demand for ServiceNow AI specialists and promotes Digital Edify's 2026 AI Agents training program.
Volatile tech markets create a buying window for three proven, subscription-based leaders. The Motley Fool argues that with $1,000 you could consider Adobe (ADBE), ServiceNow (NOW), and Netflix (NFLX). Adobe trades around a 12x forward P/E after a 38% pullback and shows robust demand with rising remaining performance obligations, signaling AI-enabled growth. ServiceNow has fallen from its highs but still guides roughly 20% annual revenue growth in 2026, with 98% renewal and a forward P/E around 30. Netflix, despite a pullback of about 26% from recent highs, retains a large addressable market, solid 10+%+ revenue growth backdrop, and strong free cash flow, suggesting significant long-term upside. Overall, the article views these names as attractively valued, long-term bets amid market volatility.
Software shares slumped into bear-market territory as fears that AI and automation could erode demand for traditional licenses outweighed solid earnings from names like ServiceNow; the IGV ETF is down about 21% from its high, with ServiceNow down over 12% despite a beat and guidance, while Microsoft and SAP also faced declines on slower cloud growth and weaker backlogs, prompting a reevaluation of long‑term revenue potential as executives stress AI’s role in embedding workflows in business decisions.
ServiceNow and OpenAI announce a multi-year collaboration to embed frontier OpenAI models into the ServiceNow AI Platform, enabling real-time speech-to-speech voice agents, enhanced end-to-end automation across large enterprise workflows, and centralized governance via the AI Control Tower, with no bespoke development required and continued alignment to customer roadmaps.
The article highlights the biggest midday stock movements involving companies like Novo Nordisk, ServiceNow, Freeport-McMoRan, and Structure Therapeutics, indicating notable activity in the stock market.