Guggenheim Upgrades ServiceNow (NYSE:NOW) to Buy, Citing Oversold AI Disruption Fears
Guggenheim's John DiFucci upgraded NOW to Buy, arguing AI-disruption fears pushed SaaS valuations too low
ServiceNow Inc. (NYSE: NOW) is a technology company, listed on the NYSE. Alpha Stocks Insight tracks NOW across all major catalysts: quarterly earnings reports, analyst upgrades and downgrades, mergers and acquisitions, regulatory decisions, and significant price moves driven by sector or macro developments. This page centralises 6 articles published since May 18, 2026, providing investors with timely, data-driven analysis of ServiceNow Inc.'s financial performance and competitive position. New coverage is added each trading day.
Price
$98.78
Today
+7.44%
Mkt Cap
$101.9B
P/E
61.0x
52W High
$210.20
52W Low
$81.24
Data via Finnhub · refreshes hourly · not financial advice
ServiceNow's AI ACV crossed $1B and subscription revenue rose 24.5%, but non-GAAP gross margin compressed 250bps to 80.5% on rising AI compute costs.
Guggenheim's John DiFucci upgraded NOW to Buy, arguing AI-disruption fears pushed SaaS valuations too low
IBM and ServiceNow signed a multi-year deal combining AI, automation, and platform workflows to modernize legacy enterprise systems at scale.
ServiceNow and NICE's new AI platform connects front, middle, and back-office teams in real time, targeting the service silos that slow enterprise issue resolution.
Bank of America restarts coverage of ServiceNow with a Buy rating, sparking a 3.4% rally on Tuesday, May 19 as software stocks stabilize.
ServiceNow rallies 8.78% on May 18 as investors rotate into software-as-a-service plays during broader tech retreat.
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Important Legal Disclaimer: This is for informational purposes only and is not financial, investment, or tax advice. Past performance is no guarantee of future results. We are not licensed advisors. For Swiss residents: This does not constitute a public offer under FINSA. For EU residents: Not MiFID II compliant advice. For US residents: Not SEC-registered advice. Always consult a qualified professional. Investing involves risk of loss.