NOW Stock Recent News

Investors turned away from business process software stock ServiceNow (NOW -2.60%) on Hump Day. That was on the back of an analyst's price target cut, even though said pundit remained generally optimistic about the company's prospects.

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

While most investors favor bull markets, bear markets offer unique opportunities to buy strong companies at lower prices. As the Nasdaq pulled back on Tuesday, analysts evaluated tech stocks for buying opportunities and identified potential long-term investments.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

In the most recent trading session, ServiceNow (NOW) closed at $830, indicating a -1.53% shift from the previous trading day.

ServiceNow (NOW) closed at $842.93 in the latest trading session, marking a -0.17% move from the prior day.

NOW's near-term results are expected to suffer from unfavorable forex and sluggish Agentic AI revenues despite a strong portfolio and rich partner base.

Market corrections, like the recent dip, are normal and temporary, with historical data showing average declines of 13-14% since 1950. Long-term investors should stay the course. Corrections often lead to robust recoveries, with historical returns averaging 25% in the year following volatility like the one we just experienced. Asset allocation, not market timing, is key. A balanced portfolio of stocks and bonds has historically minimized risk and delivered consistent returns.

Shares of ServiceNow (NOW 3.83%), the automation software and artificial intelligence (AI) company, were up today after the company released the latest version of its software platform. The company's newest software moves further into AI agent capabilities, which investors were clearly pleased to see.

ServiceNow (NOW) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.