ServiceNow Inc. ($NOW) Stock Forecast: Down 5.1% Today

What is ServiceNow Inc.?

ServiceNow (NOW) is a leading cloud computing company that provides digital workflow solutions for enterprises. The stock is listed on the NYSE and is known for its innovative approach to streamlining business processes.

Why is ServiceNow Inc. going down?

NOW stock is down 5.1% on Mar 28, 2025 16:24

• 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.

NOW Price Chart

NOW Technical Analysis

NOW News

Why ServiceNow ( NOW ) Dipped More Than Broader Market Today

In the most recent trading session, ServiceNow (NOW) closed at $827.74, indicating a -1.29% shift from the previous trading day.

https://www.zacks.com/stock/news/2436463/why-servicenow-now-dipped-more-than-broader-market-today

Cognizant, ServiceNow Launch AI-Driven Solution For Banking Disputes - ServiceNow ( NYSE:NOW ) , Cognizant Tech Solns ( NASDAQ:CTSH )

Cognizant and ServiceNow launch AI-powered dispute resolution for banks. The solution automates workflows, reducing manual intervention and chargebacks. Markets are swinging wildly, but for Matt Maley, it's just another opportunity to trade.

https://www.benzinga.com/news/25/03/44515795/cognizant-servicenow-launch-ai-driven-solution-for-banking-disputes

ServiceNow ( NOW ) Exceeds Market Returns: Some Facts to Consider

ServiceNow (NOW) reachead $861.38 at the closing of the latest trading day, reflecting a +1.37% change compared to its last close.

https://www.zacks.com/stock/news/2435119/servicenow-now-exceeds-market-returns-some-facts-to-consider

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ServiceNow Inc. Price History

06.02.2025 - NOW Stock was down 5.1%

• ServiceNow has shown impressive performance over the past 5 years, outperforming the market with an average annual return of 23.36%.
• Wall Street analysts are optimistic about ServiceNow, with a Buy recommendation on the stock.
• There has been a frenzy in options trading, with high-rolling investors taking bullish positions on ServiceNow.
• The collaboration between ServiceNow and NVIDIA to launch AI agents for telecom service improvements might have raised concerns about the company's future growth potential, leading to the bearish movement in the stock today.

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.

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.

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.

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.

26.01.2025 - NOW Stock was up 5.6%

• Despite some investors taking a bearish stance on ServiceNow in the options market, the stock showed a strong bullish movement.
• The bullish movement could be attributed to positive market sentiment surrounding the company's digital workflow solutions and potential growth prospects.
• It seems that the overall market sentiment outweighed the bearish options trading activity, leading to a significant uptick in ServiceNow's stock price.