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Servicenow

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investing29 days ago

ServiceNow Outshines Palantir as the Smarter AI Software Stock

The Motley Fool weighs Palantir vs. ServiceNow as AI software plays, ultimately siding with ServiceNow as the better stock due to a cheaper valuation and solid growth. Palantir posted strong Q1 results with 85% revenue growth to $1.6 billion and total contract value of $2.4 billion, while ServiceNow reported 24% revenue growth in Q2 to roughly $4 billion and cRPO of $13.2 billion, raising full-year guidance on AI-driven expansion. With Palantir trading around a 140x earnings multiple versus ServiceNow around 60x, the article argues that ServiceNow offers more attractive upside and lower risk at current prices.

via The Motley Fool|
#ai#investing#palantir
ServiceNow boosts AI-driven revenue forecast on robust demand
finance1 month ago

ServiceNow boosts AI-driven revenue forecast on robust demand

ServiceNow raised its 2026 subscription revenue forecast for the second time after beating quarterly estimates, citing stronger demand for its AI-powered software and an expanding AI agent portfolio that includes Otto and recent acquisitions of Armis and Moveworks. The company posted Q2 subscription revenue of $3.88 billion and adjusted EPS of $0.90, with Q3 guidance of about $3.975–$3.980 billion, and now expects 2026 subscription revenue of $15.76–$15.78 billion (up from prior guidance). Federal clients drove much of the quarterly strength, and remaining performance obligations rose to $13.2 billion. Shares moved higher in extended trading as investors weighed AI spending trends and software fundamentals.

via Yahoo Finance|
#ai#earnings#finance
business1 month ago

ServiceNow Delivers Strong Q2 2026, Lifts Full-Year Outlook on AI Momentum

ServiceNow reported a strong Q2 2026, topping guidance with subscription revenues of $3.877B (up 24.5% YoY, 23% CC) and total revenues of $3.987B (up 24%). cRPO reached $13.2B and total RPO $29.0B (both ~21% higher YoY). The AI platform crossed $1B in annual contract value and the company raised its full-year subscription revenue outlook to about $15.76B–$15.78B. Highlights include 123 net-new ACV deals above $1M and 658 customers with >$5M ACV, along with ongoing profitability and cash-flow strength. ServiceNow reaffirmed long-term goals, including ambitious targets tied to AI-driven growth and the Rule of 60+ by 2030.

via ServiceNow|
#acv#ai-platform#business
AI Trade Heats Up as Snowflake, ServiceNow and Oracle Rally
business2 months ago

AI Trade Heats Up as Snowflake, ServiceNow and Oracle Rally

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.

via Yahoo Finance|
#ai#business#microsoft
technology3 months ago

ServiceNow, NVIDIA Scale Autonomous AI Governance from Desktops to Data Centers

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.

via ServiceNow|
#ai-governance#autonomous-ai#enterprise-ai
ServiceNow Dips 17% After Q1; Analysts Trim Price Targets Yet Stay Bullish on AI Momentum
business4 months ago

ServiceNow Dips 17% After Q1; Analysts Trim Price Targets Yet Stay Bullish on AI Momentum

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.

via TipRanks|
#ai#business#earnings
ServiceNow Q1 Beats Boost AI Momentum and 2026 Outlook
technology4 months ago

ServiceNow Q1 Beats Boost AI Momentum and 2026 Outlook

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.

via Seeking Alpha|
#artificial-intelligence#earnings#now
earnings4 months ago

ServiceNow Q1 Beat Overshadowed by Middle East Deal Delays Weighing Outlook

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%.

via Benzinga|
#earnings#google-cloud#middle-east
business4 months ago

ServiceNow beats on earnings while Middle East tensions temper subscription growth

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.

via CNBC|
#ai#business#earnings-beat
ServiceNow CEO Bets Big on AI Growth, Dismisses Threats as 'Parlor Tricks'
business4 months ago

ServiceNow CEO Bets Big on AI Growth, Dismisses Threats as 'Parlor Tricks'

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.

via Business Insider|
#ai#armis#business
ServiceNow Bets Big on Autonomous AI Agents for Enterprise
technology5 months ago

ServiceNow Bets Big on Autonomous AI Agents for Enterprise

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.

via Great Andhra|
#agentic-ai#digital-edify#enterprise-ai
Three Bargain Tech Stocks to Buy with $1,000 in 2026
business5 months ago

Three Bargain Tech Stocks to Buy with $1,000 in 2026

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.

via The Motley Fool|
#adobe#ai#business