NOW REVERSES EARLY WEAKNESS AFTER ALERT FROM TRADEPULSE CLIMBS OVER 30 POINTS By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consi ...

Company Overview - ServiceNow stock experienced a price target cut from analyst Joel Fishbein of Truist Securities, reducing the fair value assessment by $150 to $950 per share while maintaining a hold recommendation [2] - This marks the second price target reduction within a week, following a similar cut by Rob Oliver of Baird, who lowered his target from $1,200 to $1,010 while keeping an outperform recommendation [4] Industry Context - The price target reductions are part of a broader analysis of the infrastructure and security software segments within the tech industry, which are facing downward pressure due to uncertainty over policy decisions from the Trump administration [3] - The uncertainty is particularly impactful as government clients are significant for companies in these sectors, leading to cuts in earnings estimates [3] Analyst Sentiment - There is a divergence in analyst sentiment, with one analyst leaning towards a more bullish outlook on ServiceNow, suggesting the company can withstand potential business impacts from the prevailing uncertainty [5]

TORONTO, March 27, 2025 (GLOBE NEWSWIRE) -- NowVertical Group Inc. (TSXV: NOW) ("NowVertical" or the "Company"), a leading data and AI solutions provider, will announce its 2024 fourth quarter and full year financial results before the market open on Wednesday, April 2, 2025. This will be followed by a webinar at 10:00 AM ET (7:00 AM PT) on Wednesday, April 2, 2025, to discuss the Company's financial results and provide a business outlook. Q4 and FY 2024 Financial Results Investor Webinar: NOW invites share ...

The BPaaS solution is designed to streamline the dispute resolution process and enhance customer satisfaction TEANECK, N.J., March 27, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced today the launch of an AI-powered dispute management solution in partnership with ServiceNow (NYSE: NOW). This Business Process as a Service (BPaaS) offering is specifically designed for mid-market banks in North America with the goal of streamlining the dispute resolution process and enhancing customer satisfaction.Mid ...

Core Viewpoint - Investors reacted negatively to ServiceNow's stock following a price target cut by an analyst, despite the analyst's overall optimistic outlook for the company [1][2]. Price Target Adjustments - Analyst Rob Oliver from Baird reduced his price target for ServiceNow from $1,200 to $1,010 per share, a significant decrease of $190, while maintaining an outperform (buy) recommendation [2][3]. - Similar adjustments were made by other analysts, such as Allan Verkhovski from Scotiabank, who lowered his fair-value assessment from $1,230 to $1,050, also keeping a buy recommendation [3]. Company Ambitions - ServiceNow's recent $2.85 billion acquisition of AI developer Moveworks reflects the company's ambitious goals and management's commitment to pursuing significant growth opportunities [4].

TORONTO, March 24, 2025 (GLOBE NEWSWIRE) -- NowVertical Group Inc. (TSXV: NOW) ("NowVertical" or the "Company"), a leading data and AI solutions provider, today announced that it has retained Bristol Capital Ltd. ("Bristol"), a leading investor relations firm specializing in Canadian and U.S. micro- and small-cap companies globally, to provide investor relations and communication services. Bristol has been engaged by the Company for an initial period of 12 months (the "Initial Term"), which will be automati ...

Summary of the Conference Call Transcript Industry Overview - The U.S. software sector is currently facing two core issues: the potential recovery of IT spending by European and American enterprises and the progress of AI commercialization expected in 2025. These factors will jointly determine the sector's fundamentals and mid-term stock price trends [1][3][19]. Key Points on Company Performance - In Q4 2024, major U.S. software companies showed stable performance, but guidance remained conservative. Application software revenue exceeded expectations, while guidance for the full year was slightly below market expectations. Basic software also outperformed expectations, but guidance was mixed. Cybersecurity maintained high resilience, with innovative firms performing well [1][4]. - Specific performance metrics include: - Application Software: 14 major firms (e.g., Salesforce, ServiceNow) had an average revenue beat of 1.8% and a net profit beat of 14.3%. However, guidance for 2025 was conservative, with full-year revenue guidance averaging 0.1% below market expectations [4]. - Basic Software: 14 major firms (e.g., Snowflake, Oracle) also exceeded expectations, with ten firms beating by 1.1%. Non-GAAP operating profit margins exceeded the average by 34%. However, guidance for 2025 was conservative [4]. - Cybersecurity: 10 major firms (e.g., Zscaler, Palo Alto) showed an average revenue beat of 3% and non-GAAP operating profit margins of 30.2%. Innovative firms like Rubrik and Samsara performed exceptionally well [4]. AI Commercialization Insights - Several application and basic software companies are expected to enter the early stages of AI monetization in 2025. Companies are beginning to clarify their AI application monetization timelines, which will be a significant driver of future financial performance [1][5]. - Specific expectations for AI-related revenue include: - Salesforce anticipates minimal AI-related revenue contribution in 2025 but expects significant growth by 2026. SAP expects over 50% of cloud orders in Q4 2024 to include AI features, with further increases in 2025 [6][7]. - Technical software firms like MongoDB and others have shown clear revenue growth from AI-related products, indicating they may benefit more from market demand in 2025 [8]. Market Demand and Trends - The overall demand in the software sector is improving, with 59% of the 38 major software companies exceeding market expectations for 2025 guidance. IT spending is showing signs of recovery, particularly among medium to large enterprises, while SMB spending is gradually recovering [9][10]. - The software sector is expected to benefit from the recovery of cloud spending and increased demand for data management and workload management driven by AI developments in the first half of 2025 [13]. Future Investment Outlook - The basic software sector is projected to benefit from the recovery of cloud spending and AI developments, with a strong correlation to cloud-related vendors [13]. - In the second half of 2025, many application software firms are expected to enter the AI revenue realization cycle, with companies like ServiceNow and Monday anticipated to achieve stable performance [14]. - The ERP sector is also expected to accelerate, benefiting companies like SAP as they phase out local version support [15]. Cybersecurity Sector Insights - The cybersecurity sector is maintaining strong demand and high growth potential, with network security spending being a critical area that enterprises are reluctant to cut. New generation information technologies and firewall cycles are expected to resonate positively [2][16][17]. Conclusion - The recent market pullback has affected the U.S. software sector, but demand is stabilizing or slowly recovering. The AI commercialization benefits are expected to materialize in the second half of 2025. The overall IT spending environment remains positive, with specific sectors like financial software, application software, and cybersecurity entering an upward trajectory [18][19].

Company Performance - ServiceNow closed at $830, reflecting a -1.53% change from the previous session, underperforming the S&P 500's daily loss of 1.07% [1] - Over the past month, ServiceNow shares have decreased by 14.57%, compared to the Computer and Technology sector's loss of 11.12% and the S&P 500's loss of 7.03% [1] Upcoming Financial Results - ServiceNow is projected to report earnings of $3.78 per share, indicating a year-over-year growth of 10.85% [2] - The Zacks Consensus Estimate for revenue is $3.09 billion, representing an 18.55% increase from the previous year [2] Full Year Estimates - Analysts expect ServiceNow to achieve earnings of $16.24 per share and revenue of $13.04 billion for the full year, marking increases of +16.67% and +18.69% respectively from last year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for ServiceNow are important as they reflect changing business trends, with positive revisions indicating optimism about the company's outlook [4] Valuation Metrics - ServiceNow has a Forward P/E ratio of 51.91, significantly higher than the industry average of 21.79, indicating a premium valuation [7] - The company has a PEG ratio of 2.16, compared to the industry average PEG ratio of 2.05 [8] Industry Context - The Computers - IT Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 70, placing it in the top 28% of over 250 industries [9]

ServiceNow (NOW) has strengthened its portfolio with the launch of the Yokohama platform last week. The update brings new AI agents across varied domains, including CRM, HR and IT, delivering enhanced productivity as well as smoother and smarter functioning of workflows. NOW announced the expansion of its Knowledge Graph with advancements to its Common Service Data Model (CSDM), which offers a standardized framework for managing IT and business services. CSDM helps enterprises implement and scale technology ...

「硅谷周报」是创业邦推出的系列栏目，旨在为科技领域创业者和投资人精选硅谷科技要闻，投融资 消息等，记录硅谷科技风向变动。 整理丨刘杨楠 编辑丨 海腰 封面图源丨Midjourney 本周（2025.3.10-3.16）硅谷科技要闻包括： 英特尔首次任命华人陈立武为首席执行官；特斯拉计划将 Model Y生产成本降低至少20%；台积电向Nvidia、AMD和博通推荐成立英特尔代工合资企业；Meta开始 测试其首款内部AI训练芯片；Alphabet旗下Waymo将在硅谷提供自动驾驶汽车服务；软银支持的自动驾驶 公司Wayve即将进行商业亮相；谷歌准备收购眼球追踪初创公司，用于未来眼镜；CoreWeave在IPO前与 OpenAI签署119亿美元合同等。 里程碑 英特尔首次任命华人陈立武为首席执行官 3月13日，英特尔宣布任命陈立武（Lip-Bu Tan）为新任首席执行官，任命将于3月18日正式生效。此前他 曾在2024年8月卸任，此次上任后，陈立武还将重新加入英特尔董事会。至此，全球芯片界顶级四大巨头 将均由华人执掌——英伟达黄仁勋、AMD苏姿丰、英特尔陈立武、博通陈福阳。 陈立武现年65岁，出生于马来西亚，在新 ...