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ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide.
It operates the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools. The company also provides information technology (IT) service management applications; IT service management product suite for enterprise's employees, customers, and partners; IT business management product suite; IT operations management product that connects a customer's physical and cloud-based IT infrastructure; IT Asset Management to automate IT asset lifecycles; and security operations that connects with internal and third party. In addition, it offers governance, risk, and compliance product to manage risk and resilience; human resources, legal, and workplace service delivery products; safe workplace applications; customer service management product; and field service management applications. Further, it provides App Engine product; IntegrationHub enables application to extend workflows; and professional, industry solutions, and customer support services. It serves government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer products through direct sales team and resale partners. It has a strategic partnership with Celonis to help customers identify and prioritize processes that are suitable for automation. The company was formerly known as Service-now. com and changed its name to ServiceNow, Inc. in May 2012.
The company was founded in 2004 and is headquartered in Santa Clara, California.
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UBS reduced its price target on ServiceNow stock. ServiceNow projects growth on two important metrics in 2026, suggesting that investors shouldn't rush to click the sell button.
ServiceNow (NOW) is having a rough day, and the downgrade from UBS explains why the mood around the stock is starting to shift.The firm moved its rating down to
ServiceNow (NOW) shares slid about 6% in Friday morning trading after UBS downgraded the workflow software maker to Neutral from Buy, citing weaker confidence i
ServiceNow, Inc. (NYSE: NOW) has been trending lower over the past year, and Friday, April 10, is no different. But the downtrend could end here.
The slide marks NOW's steepest weekly drop since 2016 and represents a sharp reversal for a stock that investors had treated as a high‑quality way to play digital transformation and enterprise AI.
UBS has lowered its rating on ServiceNow Inc (NYSE:NOW, XETRA:4S0) to Neutral from Buy, saying its earlier conviction that the company was best positioned among application software firms in the AI era has weakened amid emerging signs of budget pressure in non-AI software spending. The bank noted that while customers continue to view ServiceNow as a core “system of record” for IT assets, there is growing interest in using AI to build lighter workflow tools on top of existing systems.
The so-called "SaaS-pocalypse" is back, and it's hitting harder today than it did yesterday. Anthropic's release of "Claude Code Security," an AI-driven security product, has rattled investors across the enterprise software and cybersecurity space, sending shares of Cloudflare (NYSE: NET), ServiceNow (NYSE: NOW), and CrowdStrike (NASDAQ: CRWD) sharply lower in Friday morning trading. This follows Thursday's brutal sector... The "SaaS-Pocalypse" Continues: Cloudflare, ServiceNow, CrowdStrike Under Fire as Anthropic Rewrites the Rules
Keirstead warned that the stock could face additional downside as companies shift more of their IT budgets toward AI‑related projects and away from traditional software categories, CNBC reported.
ServiceNow (NYSE: NOW) plunged 6% on April 10 after senior UBS analyst Karl Keirstead issued a bearish note on the Santa Clara-headquartered software giant. Citing a material shift in enterprise spending priorities, Keirstead downgraded NOW this morning to “neutral” and slashed his price target sharply to $100.
The major indexes are inching higher before the opens, attempting to cling onto hope the ceasefire will remain intact
ServiceNow (NYSE:NOW | NOW Price Prediction) stock dropped 7.86% on Thursday, April 9, and continued lower Friday morning as a broader software sector selloff accelerated on fears that managed AI agents could disrupt enterprise software incumbents.
Pre-Market Stock Futures: The futures are trading mixed as we approach the end of one of the most volatile and wild trading weeks in recent memory. After starting the day lower on Thursday as mixed reports on the success of the ships passing through the Strait of Hormuz rolled in, stocks gained momentum as the... Here Are Friday's Top Wall Street Analyst Research Calls: Autodesk, Delek US Holdings, Insmed, Nike, Nutanix, ServiceNow, Shake Shack, Southern Copper, Veeva Systems, and More
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