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ServiceNow Stock Drops On 2025 Outlook As Analysts Boost Price Targets

1. ServiceNow faces an 11.5% share price drop due to weak 2025 outlook. 2. CEO McDermott cites strong 2024 performance, with 29% EPS growth. 3. Analysts see AI demand as a potential growth driver for ServiceNow. 4. ServiceNow shifts to pay-as-you-go pricing for generative AI services. 5. Some analysts are bullish, predicting price target increases despite changes.

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FAQ

Why Bullish?

Despite the price drop, strong AI growth and analyst targets suggest potential upside.

How important is it?

The article discusses ServiceNow's performance and future, which can affect market perception.

Why Short Term?

Market reaction may shift quickly with AI performance and price targets updates.

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