ServiceNow Inc. ($NOW) Stock Forecast: Up 14.9% Today

What is ServiceNow Inc.?

ServiceNow (NYSE: NOW) Market ServiceNow is a leading cloud-based platform that provides digital workflows for enterprises, helping them streamline their operations and improve efficiency. The company has been focusing on expanding its subscription services and AI capabilities to drive growth in the competitive tech industry.

Why is ServiceNow Inc. going up?

NOW stock is up 14.9% on Apr 24, 2025 16:36

• ServiceNow (NOW) experienced a strong bullish movement today.
• ServiceNow reported impressive Q1 earnings, with total revenue of $3.09 billion, driven by higher-than-expected subscription revenues.
• Despite concerns about soft guidance and macro pressures, ServiceNow's resilient subscription base and AI push have positioned it as the 'Platinum Standard' for enterprise-grade AI, instilling investor confidence.
• Unusual bullish options activity suggests a positive sentiment among investors, further supporting the stock's surge.

NOW Price Chart

NOW Technical Analysis

NOW News

ServiceNow Suffers No 'Material Signs' Of Strain: Analysts - ServiceNow ( NYSE:NOW )

ServiceNow reported total revenue of $3.09B, driven by higher-than-expected subscription revenues. The company leaving its guidance broadly unchanged is instilling investor confidence. Feel unsure about the market's next move?

https://www.benzinga.com/25/04/44986106/servicenows-1q-reflects-no-material-signs-of-strain-from-tariff-related-macro-uncertainties-analysts-raise-price-

NOW Q1 Earnings Beat Estimates, Revenues Rise Y/Y, Shares Gain

NOW's resilient subscription base and AI push drive growth in first-quarter 2025. However, soft guidance and macro pressures pose near-term risks.

https://www.zacks.com/stock/news/2455123/now-q1-earnings-beat-estimates-revenues-rise-yy-shares-gain

ServiceNow Unusual Options Activity - ServiceNow ( NYSE:NOW )

Investors with a lot of money to spend have taken a bullish stance on ServiceNow NOW. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know.

https://www.benzinga.com/insights/options/25/04/44981119/servicenow-unusual-options-activity

ServiceNow ( NOW ) Surpasses Q1 Earnings and Revenue Estimates

ServiceNow (NOW) delivered earnings and revenue surprises of 6.60% and 0.18%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2454130/servicenow-now-surpasses-q1-earnings-and-revenue-estimates

ServiceNow Stock Surges On Q1 Earnings Beat: Company Says It's Positioned As The 'Platinum Standard' For Enterprise-Grade AI - ServiceNow ( NYSE:NOW )

ServiceNow reports first-quarter revenue of $3.09 billion, beating the consensus estimate of $3.08 billion. ServiceNow reports first-quarter adjusted earnings of $4.04 per share, beating analyst estimates of $3.84 per share. Feel unsure about the market's next move?

https://www.benzinga.com/news/earnings/25/04/44966273/servicenow-stock-surges-on-q1-earnings-beat-company-says-its-positioned-as-the-platinum-standard-fo

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ServiceNow Inc. Price History

23.03.2025 - NOW Stock was up 7.7%

• A significant uptrend in NOW stock was observed prior to its Q1 earnings announcement.
• Investor confidence remains high in NOW due to its robust portfolio and strong partner network, despite concerns about various economic factors and high valuation.
• Market expectancies for positive Q1 results aligning with Wall Street forecasts may be driving the recent surge in NOW stock.
• The optimistic outlook towards NOW could also be influenced by the tech sector's overall performance, particularly with major players such as Tesla and Alphabet posting their earnings.

10.02.2025 - NOW Stock was down 5.5%

• ServiceNow's acquisition of Moveworks for $2.85 billion has caused apprehension among investors, impacting the stock price negatively.
• The market response to ServiceNow's fourth-quarter earnings report, slightly below estimates, could have influenced the decline.
• Despite the recent decrease, ServiceNow has a history of surpassing the market, highlighting its robust potential for growth and innovation in the AI field.

07.03.2025 - NOW Stock was up 5.4%

• The bullish movement in ServiceNow's stock today can be attributed to the company's recent acquisition of Logik.ai to enhance its AI-powered sales processes, strengthening its CRM and order management solutions.
• Despite the overall market uncertainties such as tariff tensions and geopolitical surprises, ServiceNow's strategic acquisition seems to have resonated positively with investors, leading to the stock's upward trajectory.
• The positive sentiment towards ServiceNow is further supported by the recent increase in share price and the bullish market sentiment observed among traders, with a notable percentage showing optimism towards the stock.
• The company's ability to navigate market challenges and focus on strategic acquisitions to bolster its offerings has likely contributed to the investor confidence and the bullish movement in the stock price today.

10.03.2025 - NOW Stock was down 6.2%

• ServiceNow's stock (NOW) saw a decline of -1.07% in the most recent trading session.
• The market sentiment towards ServiceNow has turned bearish, with significant bearish moves in options trading by financial institutions.
• The acquisition of Logik.ai by ServiceNow to bolster its CRM capabilities with AI-driven solutions has raised investor concerns amid currency headwinds and a challenging macroeconomic environment.
• Despite the recent bearish trend, the average brokerage recommendation still views ServiceNow (NOW) as a sound investment, highlighting a potential disparity between Wall Street analysts' positive outlook and current market sentiment.

07.03.2025 - NOW Stock was up 7.5%

• ServiceNow's acquisition of Logik.ai to enhance AI-powered sales processes has boosted investor confidence in the company's growth prospects, leading to a bullish movement in the stock.
• The positive earnings report, with a +1.54% change in stock price, indicates strong performance and market outperformance compared to the overall market.
• Analysts highlighting ServiceNow alongside other tech companies like PLTR and PANW suggest growing interest and potential upside in the IT sector, contributing to the bullish momentum in NOW stock.
• The comparison with Atlassian in the ITSM domain underscores ServiceNow's competitive position and potential for further market share gains, adding to the positive sentiment surrounding the stock.

03.03.2025 - NOW Stock was down 5.1%

• ServiceNow's acquisition of Logik.ai to improve AI-driven sales processes may have sparked investor concerns regarding the integration process and potential obstacles.
• While outperforming the market by 1.54%, ServiceNow's stock experienced a downward trend possibly due to an overall bearish market sentiment.
• Increased options activity, showcasing a bullish investor outlook, suggests conflicting market sentiments that might have contributed to the stock's decline.
• Comparisons with Atlassian and debates on which ITSM provider holds greater growth potential may have diverted investor attention from ServiceNow, impacting its stock performance negatively.

03.03.2025 - NOW Stock was down 6.1%

• Despite a recent surge in options activity with a bullish stance, ServiceNow (NOW) experienced a significant bearish movement today, closing at $827.74 with a -1.29% shift.
• The comparison with Atlassian in the ITSM domain might have raised concerns among investors about ServiceNow's competitive position, leading to the downward pressure on the stock.
• The slight increase in the stock price during the current market session was not enough to offset the overall negative sentiment, possibly influenced by the recent decrease in the stock price over the past month.
• The broader market movement might have also played a role in ServiceNow's dip today, as investors reacted to the overall market conditions impacting the stock negatively.

24.03.2025 - NOW Stock was up 10.5%

• The stock had a strong bullish movement today.
• Surpassed Q1 earnings and revenue estimates, with a 6.60% earnings surprise and a 0.18% revenue surprise.
• The company's positioning as the 'Platinum Standard' for enterprise-grade AI and its strong financial performance in Q1 contributed to the surge in the stock price.
• Investors are optimistic about ServiceNow's future growth prospects following the impressive Q1 results and its strategic positioning in the market.

08.03.2025 - NOW Stock was up 7.8%

• ServiceNow announced the acquisition of Logik.ai, enhancing its CRM capabilities with AI-driven solutions, which was well-received by investors.
• Despite concerns about forex headwinds and a challenging macroeconomic environment, the market sentiment towards ServiceNow remained positive.
• The bullish options trading sentiment, with 36% of traders being bullish, also contributed to the stock's upward movement.
• Overall, the strategic acquisition and positive market sentiment propelled ServiceNow's stock to a bullish trend despite external economic uncertainties.

28.02.2025 - NOW Stock was down 5.1%

• The stock of ServiceNow (NOW) experienced a bearish movement today, closing at $827.74 with a -1.29% shift from the previous trading day.
• The launch of an AI-driven solution for banking disputes in collaboration with Cognizant could have initially boosted investor confidence, but the overall market volatility might have led to profit-taking and a subsequent bearish trend in the stock.
• Despite exceeding market returns recently and reaching $861.38 with a +1.37% change, the stock faced selling pressure possibly due to broader market conditions and profit booking by traders.
• The market movement could also be influenced by investors reacting to the news of market swings and the perception of NOW's valuation in the current economic environment.

09.03.2025 - NOW Stock was up 8.4%

• The stock of ServiceNow (NOW) experienced a bullish movement despite a -1.07% change on the recent trading day, indicating positive market sentiment.
• ServiceNow's acquisition of Logik.ai, enhancing its CRM capabilities with AI-driven solutions, likely contributed to the bullish trend.
• Despite bearish sentiment from financial giants in options trading, the overall market sentiment appears positive towards ServiceNow.
• The average brokerage recommendation (ABR) suggesting NOW as a good investment might have further fueled the bullish movement in the stock.

24.03.2025 - NOW Stock was up 14.9%

• ServiceNow (NOW) experienced a strong bullish movement today.
• ServiceNow reported impressive Q1 earnings, with total revenue of $3.09 billion, driven by higher-than-expected subscription revenues.
• Despite concerns about soft guidance and macro pressures, ServiceNow's resilient subscription base and AI push have positioned it as the 'Platinum Standard' for enterprise-grade AI, instilling investor confidence.
• Unusual bullish options activity suggests a positive sentiment among investors, further supporting the stock's surge.