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ServiceNow Stock Plunges on Slowing Subscription Revenue Growth Forecast

1. ServiceNow shares fell 9% due to slower revenue growth projections. 2. Fourth-quarter subscription revenue rose 21%, below prior forecasts. 3. CEO reports optimism about AI demand driving future growth. 4. First-quarter 2025 subscription revenue forecasted between $2.995B and $3B.

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FAQ

Why Bearish?

Slower revenue growth than expected could indicate weakening demand, affecting investor confidence.

How important is it?

The financial performance impacts investor perceptions, crucial for stock valuation.

Why Short Term?

The immediate market reaction is likely due to the earnings report; long-term effects depend on AI developments.

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