*Stock prices used were the afternoon prices of June 13, 2024. The video was published on June 15, 2024. The CEO is optimistic about the company's prospects amid the rising effectiveness of artificial intelligence. Fool.com contributor Parkev Tatevosian discusses what the comments could mean for ServiceNow (NOW -1.13%) stock investors. ...

The leader in digital workflow services still has a bright future. ServiceNow's (NOW 1.33%) stock has rallied more than 50% over the past three years as the S&P 500 advanced about 26%. The cloud software provider's shares suffered a steep decline in 2022 as the macro headwinds throttled its growth and compressed its valuations, but it bounced back in 2023 as it overcame some of those challenges. What happened to ServiceNow over the past three years? That business model is well insulated from macro headwinds ...

ServiceNow (NOW) shares soared 4.8% in the last trading session to close at $704.11. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.8% loss over the past four weeks. This maker of software that automates companies' technology operations is expected to post quarterly earnings of $2.85 per share in its upcoming report, which represents a year-over-year change of +20.3%. Revenues are expected to be $2.61 billion, up 21.2% from th ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ServiceNow. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

ServiceNow, Inc. (NYSE:NOW) BofA Securities 2024 Global Technology Conference Call June 4, 2024 3:30 PM ET Company Participants Chirantan Desai - President and Chief Operating Officer Conference Call Participants Bradley Sills - Bank of America Securities Bradley Sills Delighted to be welcoming ServiceNow to the conference. We are very fortunate to have COO, CJ Desai with us. Thank you, CJ, for joining us. Chirantan Desai Delighted to be here. Bradley Sills I'm Brad Sills, Senior Analyst on large cap softwa ...

ServiceNow, Inc. (NYSE:NOW) Bernstein's 40th Annual Strategic Decisions Conference May 29, 2024 2:30 AM ET Company Participants CJ Desai - President and COO Conference Call Participants Peter Weed - Bernstein Peter Weed Hello, everybody. Welcome. Thank you for joining the session on ServiceNow. Johnson & Johnson was an hour ago. So if you're still here from that one, now we're going to focus on technology and how we can deliver a lot of growth. Last year, some of you may have joined a session that I had on ...

ServiceNow, Inc. (NYSE:NOW) Jefferies Software Conference May 29, 2024 2:00 PM ET Company Participants Gina Mastantuono - Chief Financial Officer Conference Call Participants Samad Samana - Jefferies Samad Samana Awesome. Thank you everybody for joining us. And most importantly, Gina, thank you for joining us today. I know that you have a very jam-packed schedule and I appreciate you making time for it. Question-and-Answer Session Q - Samad Samana So, we're only a few weeks removed from the Analyst Day. You ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about ServiceNow (NOW) . ServiceNow currently has an average brokerage recommend ...

Identifying the next set of growth stocks to buy can be a game-changer for Wall Street portfolios. Investors who buy a growth stock expect the company to grow its revenues and earnings significantly faster than an average industry peer or the overall market. For instance, the Vanguard Growth Index Fund ETF Shares (NYSEARCA:VUG) fund has returned over 38% since January. By comparison, the S&P 500 index has advanced shy of 29%. We should note that investing in growth stocks isn't without risks. These companie ...

It has been about a month since the last earnings report for ServiceNow (NOW) . Shares have added about 5.9% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is ServiceNow due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. ServiceNow Q1 Earnings Beat Estimates, Revenues U ...