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technology20 days 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
business1 month 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
technology1 month 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
ServiceNow Q1 Beat Overshadowed by Middle East Deal Delays Weighing Outlook
earnings1 month 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
business1 month 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'
business1 month 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
technology2 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
business2 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
AI Fears Push Software Stocks into Bear Market as ServiceNow Dips
business3 months ago

AI Fears Push Software Stocks into Bear Market as ServiceNow Dips

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.

via CNBC|
#ai#bear-market#business
technology4 months ago

ServiceNow and OpenAI partner to accelerate enterprise AI with frontier models and voice automation

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.

via ServiceNow|
#ai#automation#enterprise-ai
ServiceNow Stock Declines Amid Deal Talks and Market Jitters
business5 months ago

ServiceNow Stock Declines Amid Deal Talks and Market Jitters

ServiceNow's stock dropped over 10% following reports of a potential $7 billion acquisition of cybersecurity startup Armis, outside its core competencies, amid sector volatility and concerns over AI's impact on demand. Despite the decline, the stock's rare large move suggests a market overreaction, and some analysts see buying opportunities in high-quality tech stocks during downturns.

via Yahoo Finance|
#acquisition#ai-automation#business