Cutting-edge business automation software developer ServiceNow (NOW 2.58%) easily surmounted the hump of Hump Day. Its share price rose by nearly 3% on the day thanks to news about its partner program. That was more than good enough to top the S&P 500 index's 0.6% increase.An important program gets a boostServiceNow announced at its annual Sales Kickoff event that it is expanding that program. The company said it has almost quadrupled its investments into aspects of the initiative, including fresh incentive ...

The market expects ServiceNow (NOW) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 29, 2025, might help the stock move higher if these key numbers ar ...

Abnormal Security, a startup selling email security software to companies, said on Wednesday that it's hired former ServiceNow finance executive Lisa Banks as chief financial officer as the company gears up to prepare for an IPO.Abnormal is going after a longstanding market, which includes incumbents Mimecast and Proofpoint, adding a layer of artificial intelligence that spots attacks in email messages. Other startups such as Material Security and Sublime Security offer competitive email tools."We're disrup ...

TORONTO, Jan. 20, 2025 (GLOBE NEWSWIRE) -- NowVertical Group Inc. (TSX-V: NOW) ("NowVertical" or the "Company"), a leading data and AI solutions provider, announces that the Company has terminated its Capital Markets Advisory Agreement with Sophic Capital Inc. (“Sophic”), effective January 17, 2025. “We thank Sophic for their dedication and contributions during their engagement and their efforts in supporting our shareholder communications,” said Sandeep Mendiratta, CEO of NowVertical. “As NowVertical conti ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider ServiceNow (NOW) . This company, which is in the Zacks Computers - IT Services industry, shows potential for another earnings beat.When looking at the last two reports, this maker of software that automates companies' technology operations has recorded a strong streak of surpassing earnings estimates. The company has topped es ...

ServiceNow plans to further the development of its artificial intelligence agents by acquiring Cuein.Cuein’s experience in AI native conversation data analysis and insights will enhance the ability of ServiceNow’s AI agents to understand and process data from customer interactions, transforming that data into actionable insights, the companies said in a Friday (Jan. 17) press release.ServiceNow signed an agreement to acquire Cuein and expects to close the transaction during the first quarter, according to t ...

For Immediate ReleaseChicago, IL – January 17, 2025 – Today, Zacks Equity Research Equity ServiceNow (NOW) , EPAM Systems (EPAM) and DXC Technology (DXC) .Industry: IT ServicesLink: https://www.zacks.com/commentary/2398353/3-it-services-stocks-worth-betting-on-from-a-prospering-industryThe Zacks Computers – IT Services industry participants are suffering from challenging macroeconomic conditions that are elongating the sales cycle. The adoption of consultation and transaction processing solutions has been a ...

ServiceNow (NOW) closed at $1,057.16 in the latest trading session, marking a +0.29% move from the prior day. This change outpaced the S&P 500's 0.21% loss on the day. Meanwhile, the Dow experienced a drop of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.89%.The the stock of maker of software that automates companies' technology operations has fallen by 0.65% in the past month, leading the Computer and Technology sector's loss of 2.15% and the S&P 500's loss of 1.56%.The upcoming earnings r ...

Company Performance and Financials - ServiceNow had 15 deals greater than $5 million in net new ACV and six deals of more than $10 million in Q3 2024, with 96 deals exceeding $1 million in net new ACV [3] - The number of customers contributing more than $20 million grew nearly 40% year over year [3] - The Zacks Consensus Estimate for 2025 earnings is $16.42 per share, indicating an 18.42% year-over-year increase [9] - ServiceNow's earnings beat the Zacks Consensus Estimate in all the trailing four quarters, with an average surprise of 9.46% [9] - The consensus mark for 2025 revenues is $13.19 billion, suggesting 20.10% growth over the 2024 estimate of $10.98 billion [10] - ServiceNow shares have declined 10% in the past month but returned 39.3% over the trailing 12-month period, outperforming the sector and industry [16][17] AI and Technology Innovations - ServiceNow is leveraging AI and machine learning, with its total addressable market expected to reach $275 billion in 2026 [1] - The company is integrating Agentic AI into its platform, expected to enhance productivity and reduce issue resolution time [20] - ServiceNow added more than 150 GenAI innovations, including expanded Now Assist capabilities with AI Governance features [21] - The Xanadu update offers AI-powered industry solutions for telecom, media, technology, financial services, and the public sector [19] - Gen AI deals gained traction in Q3 2024, with 44 new Now Assist customers spending over $1 million in ACV and price increases of roughly 30% [23] Partnerships and Collaborations - ServiceNow has major partnerships with Amazon, Microsoft, and NVIDIA, along with deals with Five9, Visa, Snowflake, Zoom, Siemens, and others [5] - The company expanded its collaboration with Amazon Web Services to accelerate AI-driven business transformation by connecting Amazon Bedrock models to ServiceNow [6] - ServiceNow and Microsoft partnered to modernize front-office business processes with Microsoft Copilot and ServiceNow AI agent integration [8] - NVIDIA and ServiceNow are collaborating to develop AI agent use cases on the Now platform using NVIDIA NIM Agent Blueprints [8] Market Position and Valuation - ServiceNow's strong GenAI portfolio and partner base justify its premium valuation, with a forward 12-month Price/Sales ratio of 15.74X, higher than the sector's 6.98X [11][12] - The company has a Zacks Rank 1 (Strong Buy) and a Growth Score of B, indicating a strong investment opportunity [14] - ServiceNow shares are trading above the 200-day moving average, displaying a bullish trend [18][22] Customer Base and Growth - ServiceNow had 2,020 total customers with more than $1 million in annual contract value (ACV) exiting Q3 2024 [17] - The company's robust GenAI portfolio and strong partner base are expected to drive clientele growth and boost subscription revenues [14]

Cognizant Stores 360 aims to unify the retail ecosystem and elevate customer experiences through integrated, automated and predictive capabilities, powered by ServiceNow.TEANECK, N.J., Jan. 13, 2025 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) announced the launch of Stores 360, a comprehensive retail solution designed to streamline store operations, enhance employee productivity and improve customer experiences. Developed in collaboration with ServiceNow, the solution leverages the Cognizant Neuro® AI platform ...