[Click here for information about joining the class action] CONTACT: Danielle Peyton Pomerantz LLP dpeyton@pomlaw.com 646-581-9980 ext. 7980 NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of ServiceNow, Inc. ("ServiceNow" or the "Company") (NYSE: NOW). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether ServiceNow and certain of its officers and/or directors have ...

The investment community will be paying close attention to the earnings performance of ServiceNow in its upcoming release. The company is slated to reveal its earnings on July 24, 2024. The company is predicted to post an EPS of $2.85, indicating a 20.25% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $2.61 billion, reflecting a 21.22% rise from the equivalent quarter last year. Furthermore, it would be beneficial for inve ...

ServiceNow (NOW) shares have declined 5.4% in the past week. Year to date, NOW shares have returned 5.2%, underperforming the Zacks Computer & Technology sector's gain of 29.4% and the S&P 500's 17.7%. ServiceNow's prospects have been suffering from challenging macroeconomic conditions, including persistent inflation that has led to lengthening in deal closure timings. The recent dip can be attributed to growing skepticism over NOW's growth prospects in the second half of 2024, which is unwarranted in our v ...

NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of ServiceNow, Inc. ("ServiceNow" or "the Company") (NYSE: NOW). Investors who purchased ServiceNow securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NOW. Investigation Details On July 8, 2024, Guggenheim downgraded ServiceNow to Sell from Neutral, opining that the Company ...

Competitive Advantages Besides IT operations and service management, ServiceNow also has IT Asset management to broaden their solutions. Simply, IT asset management makes it easier to identify and solve arising IT problems. Operating, maintaining, and resolving critical problems in complex on-premises, cloud and hybrid environments is a key strength that ServiceNow has for large companies. Most enterprise software firms will have switching costs as a competitive advantage, especially when a cheaper competit ...

Now a sell, one pundit believes In his note detailing the downgrade, DiFucci wrote that ServiceNow "seems to be expecting an uptick in GenAI business in the second half, but our field work indicates this is not likely until 2025, if ever." ServiceNow is slated to unveil those second-quarter results on Wednesday, July 24. On average, analysts tracking the stock are expecting the company to post revenue of just over $2.6 billion, and per-share earnings of $2.84. ServiceNow (NOW -4.99%) has been a popular stoc ...

Loading... Loading... ServiceNow Inc NOW shares are trading lower after Guggenheim analyst John Difucci downgraded the stock from Neutral to Sell with a $640 price target. Needham analyst Mike Cikos reiterated ServiceNow with a Buy and a $900 price target. Cikos noted that in each of the past five quarters, ServiceNow has surpassed quarterly cRPO and Subscription Revenue guidance. The analyst anticipated ServiceNow can sustain 20%-plus growth over the medium-/long-term, where the company's unified platform ...

ServiceNow (NOW) recently collaborated with the City of Reno and NewRocket to launch DROPS (Direct Resource Outreach & Placement Service), an advanced mobile application designed to transform outreach efforts for assisting unsheltered individuals. The DROPS app features profile collection for demographic insights, encounter and journey tracking for comprehensive case histories, case and task management for streamlined service delivery and robust reporting and analytics powered by ServiceNow's AI capabilitie ...

DROPS is a mobile application that assists outreach workers, providing them with the tools they need to effectively support the unsheltered community. The application boasts a range of features designed to enhance the efficiency and effectiveness of outreach efforts: Official Introduction by Mayor Hillary Schieve With DROPS, the City of Reno is not only enhancing its outreach capabilities but also setting a new standard for how cities can leverage technology to address complex social challenges. As DROPS em ...

ServiceNow's (NOW) workflow solutions have been getting adopted by enterprises undergoing digital transformation. NOW's initiatives to expand AI-powered capabilities in its portfolio have been a game changer in this regard. NOW is extensively leveraging AI and machine learning technologies to boost the potency of its solutions. The enhanced capabilities are helping it to rapidly expand its footprint in the insurTech, strategic portfolio management, cloud management, talent development and public sector doma ...