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ServiceNow(NOW) - 2024 Q1 - Quarterly Results
2024-04-24 20:11
ServiceNow Reports First Quarter 2024 Financial Results SANTA CLARA, Calif. - April 24, 2024 - ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, today announced financial results for its first quarter ended March 31, 2024, with subscription revenues of $2,523 million in Q1 2024, representing 25% year-over-year growth and 24.5% in constant currency. "ServiceNow is off to a fast start with an outstanding first quarter," said ServiceNow Chairman and CEO Bil ...
What to Do With ServiceNow (NOW) Stock Ahead of Q1 Earnings?
Zacks Investment Research· 2024-04-22 17:21
ServiceNow (NOW) is scheduled to release its first-quarter 2024 results on Apr 24.The workflow and IT operations management platform provider’s near-term results are expected to reflect the negative impacts of a challenging macroeconomic environment, including persistent inflation that has pushed back chances of an early rate cut by the Federal Reserve.Nevertheless, ServiceNow has been benefiting from the rising adoption of its workflows by enterprises undergoing digital transformation. NOW is benefiting fr ...
ServiceNow (NOW) Outperforms Broader Market: What You Need to Know
Zacks Investment Research· 2024-04-16 22:56
The latest trading session saw ServiceNow (NOW) ending at $746.99, denoting a +1.52% adjustment from its last day's close. The stock outpaced the S&P 500's daily gain of 0.03%. Elsewhere, the Dow gained 0.41%, while the tech-heavy Nasdaq added 0.12%.The maker of software that automates companies' technology operations's stock has dropped by 2.64% in the past month, falling short of the Computer and Technology sector's loss of 0.55% and the S&P 500's loss of 0.9%.The investment community will be closely moni ...
ServiceNow: One Of Our Top Picks For The Coming Decade
Seeking Alpha· 2024-04-13 11:32
Maskot Introduction and thesis ServiceNow (NYSE:NOW) is a cloud-based platform that helps companies manage digital workflows for enterprise operations. Think of it as a digital control center that streamlines and automates routine tasks across various departments, from IT to HR to customer service. NOW has one of the most impressive commercial profiles of any business. The company’s service offering is broad yet of the highest quality, while its TAM remains high. The company’s ability to gain market sha ...
Wall Street Analysts Think ServiceNow (NOW) Is a Good Investment: Is It?
Zacks Investment Research· 2024-04-12 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?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 recommendation (ABR) of 1.18, o ...
AI Stock ServiceNow Tests Key Level As Earnings Loom
ServiceNow (NOW) stock is in a flat base and continues to test a key chart level ahead of the company's next earnings report. The software firm uses artificial intelligence and Nvidia (NVDA) software and services in its ServiceNow Platform.X ServiceNow develops cloud-based software designed to organize and digitize business workflows. The platform's tools include the ability for customers to create, test, and deploy their own software applications and AI tools such as text-to-code technology. Its AI custom ...
When You Look Back in 5 Years, You'll Wish You'd Bought These 2 Artificial Intelligence (AI) Stocks
The Motley Fool· 2024-04-11 09:15
These two AI stocks can demonstrate exceptional growth in the coming years.The U.S. equity market has consistently proved to be a wealth-generation machine for long-term investors. Many investors who have demonstrated foresight, especially in upcoming trends and technologies, have been richly rewarded by the stock market.Artificial Intelligence (AI) is one such technology that has been dominating the investment landscape in the past couple of years. Furthermore, this is not a passing trend, considering the ...
Investors Heavily Search ServiceNow, Inc. (NOW): Here is What You Need to Know
Zacks Investment Research· 2024-04-10 14:06
ServiceNow (NOW) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this maker of software that automates companies' technology operations have returned -0.9%, compared to the Zacks S&P 500 composite's +1.8% change. During this period, the Zacks Computers - IT Services industry, which ServiceNow falls in, has lost 0.3%. The key question now is: What could be ...
Baffle Announces New Capability to Secure Data as it Moves Through the Cloud for GenAI
Newsfilter· 2024-04-10 13:00
SANTA CLARA, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- Baffle, the easiest way to protect sensitive data, today announced new capabilities that allow organizations to secure structured and unstructured data when moving to and across the cloud. As organizations increasingly adopt GenAI, more and more data is being moved across the cloud, resulting in organizations needing to ensure privacy and review security practices to ensure that all data complies with relevant privacy regulations across regions. "The a ...
ServiceNow (NOW) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-03-21 22:51
ServiceNow (NOW) closed the most recent trading day at $773.18, moving +0.73% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.32%. On the other hand, the Dow registered a gain of 0.68%, and the technology-centric Nasdaq increased by 0.2%.Shares of the maker of software that automates companies' technology operations witnessed a gain of 2.62% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 6.04% and the ...