ServiceNow Inc. ($NOW) Stock Forecast: Down 11.0% Today

What is ServiceNow Inc.?

ServiceNow (NOW) is a leading cloud computing company that provides digital workflow solutions for businesses.

Why is ServiceNow Inc. going down?

NOW stock is down 11.0% on Jan 30, 2025 20:45

• ServiceNow (NOW) had a strong bearish movement.
• The stock fell despite beating Q4 earnings estimates.
• The weak 2025 subscription revenue guidance affected the stock's performance.
• Investors reacted negatively to the fourth-quarter revenue miss and cautious future outlook.
• The strategic partnership with SoftwareOne aimed at IT modernization in the cloud did not alleviate concerns about future growth prospects.

NOW Price Chart

NOW Technical Analysis

NOW News

Are You Looking for a Top Momentum Pick? Why ServiceNow ( NOW ) is a Great Choice

Does ServiceNow (NOW) have what it takes to be a top stock pick for momentum investors? Let's find out.

https://www.zacks.com/stock/news/2406951/are-you-looking-for-a-top-momentum-pick-why-servicenow-now-is-a-great-choice

NOW Q4 Earnings Beat Estimates, Shares Fall on Weak 2025 View

ServiceNow's fourth-quarter 2024 results reflect a strong uptake of its Generative AI solution. However, shares fall on weak 2025 subscription revenue guidance.

https://www.zacks.com/stock/news/2406892/now-q4-earnings-beat-estimates-shares-fall-on-weak-2025-view

ServiceNow Stock Is Tumbling Thursday: What's Going On? - ServiceNow ( NYSE:NOW )

ServiceNow reports fourth-quarter revenue of $2.957 billion, missing the consensus estimate of $92.961 billion. "We are still in the early days of a massive opportunity," the company says. Get Wall Street's Hottest Chart Every Morning

https://www.benzinga.com/25/01/43342228/servicenow-stock-is-tumbling-thursday-whats-going-on

ServiceNow and SoftwareOne announce strategic partnership to transform IT modernisation in the cloud

/ Key word ( s ) : Miscellaneous/Miscellaneous ServiceNow and SoftwareONE announce strategic partnership to transform IT modernisation in the cloud

https://markets.businessinsider.com/news/stocks/servicenow-and-softwareone-announce-strategic-partnership-to-transform-it-modernisation-in-the-cloud-1034287313

Compared to Estimates, ServiceNow ( NOW ) Q4 Earnings: A Look at Key Metrics

Although the revenue and EPS for ServiceNow (NOW) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

https://www.zacks.com/stock/news/2406199/compared-to-estimates-servicenow-now-q4-earnings-a-look-at-key-metrics

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ServiceNow Inc. Price History

24.09.2024 - NOW Stock was up 5.4%

• Stronger-than-expected Q3 earnings were reported by ServiceNow, with revenue reaching $2.797 billion, surpassing estimates.
• Forecasts for ServiceNow have been raised by analysts in response to the positive earnings results.
• Increased options activity for ServiceNow suggests a bullish sentiment among traders, with a majority displaying optimistic outlooks.
• ServiceNow's impressive performance momentum is linked to factors like AI-driven initiatives, which have bolstered the stock's upward trajectory.

24.09.2024 - NOW Stock was up 5.1%

• ServiceNow (NOW) posted impressive Q3 earnings, surpassing revenue estimates and demonstrating strong financial performance.
• The company's generative AI solution has been well-received, driving notable momentum and contributing to the stock's bullish movement.
• Despite concerns regarding valuation, the better-than-expected earnings and optimistic forecasts from analysts likely bolstered investor confidence in ServiceNow, fueling the stock's upward trajectory.
• Ultimately, ServiceNow's robust financial performance and promising future prospects have driven the stock's upward trajectory, overshadowing any apprehensions about valuation.

27.00.2025 - NOW Stock was up 3.2%

• The bullish movement in NOW's stock today can be attributed to the anticipation of strong fourth-quarter 2024 results, as investors see it as a buying opportunity for growth.
• The unusual options activity indicating a bearish approach by some investors might have caused some initial uncertainty in the market, but the overall positive sentiment towards NOW prevailed.
• The outperformance of NOW compared to the general stock market gains further solidifies investors' confidence in the company's future prospects, driving the stock price higher.

30.00.2025 - NOW Stock was down 11.0%

• ServiceNow (NOW) had a strong bearish movement.
• The stock fell despite beating Q4 earnings estimates.
• The weak 2025 subscription revenue guidance affected the stock's performance.
• Investors reacted negatively to the fourth-quarter revenue miss and cautious future outlook.
• The strategic partnership with SoftwareOne aimed at IT modernization in the cloud did not alleviate concerns about future growth prospects.

04.11.2024 - NOW Stock was up 5.2%

• ServiceNow (NOW) closed at $1,049.44, marking a +0.77% move from the previous day, exceeding market returns. This positive price action indicates strong investor interest in the stock.
• The outperformance of ServiceNow compared to other Computer and Technology stocks this year showcases the company's resilience and growth potential in a competitive sector.
• The bearish approach adopted by deep-pocketed investors towards NOW options might seem contradictory to the bullish movement. However, this could be attributed to specific hedging strategies or short-term market dynamics, rather than a reflection of the company's long-term prospects.

28.00.2025 - NOW Stock was up 1.7%

• Over the last 5 years, NOW has consistently met earnings expectations, demonstrating its resilience, even amidst challenging times like the pandemic.
• Analysts express optimism regarding NOW, underscoring its growth prospects and the appealing opportunity it offers to investors.
• Despite some atypical bearish options activity, NOW surpassed the market performance by registering a +0.8% increase, indicating robust investor interest and confidence.
• The positive anticipation surrounding fourth-quarter 2024 results and the prevalent market sentiment favoring growth-oriented stocks likely contributed to today's bullish movement in NOW.

30.00.2025 - NOW Stock was down 12.6%

• In the fourth quarter, ServiceNow's revenue fell short of expectations, prompting a decline in the stock price.
• A partnership with SoftwareOne aimed at advancing cloud-based IT systems was overshadowed by the underwhelming financial results.
• Noteworthy options trading patterns indicated a bearish stance taken by influential investors, possibly contributing to the prevailing pessimism.
• Despite the company's promising prospects in digital workflow solutions, the market response to the revenue disappointment revealed near-term anxieties regarding its performance.

30.00.2025 - NOW Stock was down 11.4%

• A recent partnership announcement with SoftwareOne may have sparked concerns among investors, potentially influencing a negative sentiment towards ServiceNow.
• Discrepancies between Q4 earnings and analyst estimates could have led to investor disappointment and a subsequent drop in stock price.
• Unusual options activity, indicating a bearish stance from large investors, may suggest a lack of confidence in ServiceNow's future performance.
• Despite its strong growth prospects, external factors or market conditions might have taken precedence over ServiceNow's positive outlook, contributing to a bearish trend in the market today.

25.06.2024 - NOW Stock was up 13.1%

• Stock price of ServiceNow increased by 15% due to strong Q2 earnings and revenue growth.
• CEO Bill McDermott emphasized the company's achievements in digital workflow adoption and the rising interest in generative AI solutions.
• The favorable earnings and future prospects boosted the stock.
• Investors believe in ServiceNow's growth prospects in the digital transformation sector, contributing to the bullish market trend.

25.06.2024 - NOW Stock was up 12.0%

• ServiceNow CEO Bill McDermott highlights the company's strong quarterly earnings and the role of AI in business transformation.
• A stock target raise by Piper Sandler and an overweight rating signals analyst optimism for ServiceNow.
• ServiceNow surpasses earnings expectations with second-quarter revenue, leading to a stock price surge.
• The upbeat news and robust financial performance are propelling the bullish trend in ServiceNow's stock today. The market is responding positively to the company's growth and success in digital workflow, driven by effective leadership and innovative AI technology.

25.06.2024 - NOW Stock was up 14.1%

• Strong bullish movement can be attributed to beating earnings estimates for the second quarter, showcasing robust financial performance.
• The CEO's emphasis on the company's long-running partnership with Nvidia and the development of 'lightening fast' AI models likely boosted investor confidence in ServiceNow's future prospects.
• Analysts revising their forecasts upwards after better-than-expected Q2 results indicates a positive outlook for the company, further driving the stock's upward momentum.
• Overall, impressive performance and strategic partnerships have positioned ServiceNow as a standout player in the AI sector, fueling investor optimism and contributing to the stock's significant rally.

02.07.2024 - NOW Stock was down 6.9%

• Profit-taking after a strong performance could explain the stock's bearish trend today.
• Concerns over insider selling arose when a board member exercised stock options valued at $2.42 million, potentially influencing investor sentiment negatively.
• Market interest in AI stocks and their growth potential may have temporarily diverted attention from ServiceNow.
• The extended partnership with Infosys, though beneficial in the long run, did not immediately impact the stock price, contributing to the bearish movement.