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ServiceNow Dips 26% Year to Date: Hold or Fold the NOW Stock?
ZACKS· 2025-04-14 20:00
ServiceNow (NOW) shares have plunged 25.9% year to date, underperforming both the Zacks Computer & Technology sector and the Zacks Computers – IT Services industry’s decline of 14.4% and 18.9%, respectively.NOW shares have suffered from a worsening macroeconomic environment following U.S. President Donald Trump’s decision to levy tariffs on trading partners, including China and Mexico. The company’s federal business is expected to suffer from DOGE related issues. ServiceNow expects unfavorable forex impact ...
3CLogic and ServiceNow Expand Partnership to Unveil AI-Powered Unified Contact Center Solution to Transform Contact Center Operations
Prnewswire· 2025-04-14 14:37
3CLogic Unveils Groundbreaking Integration with ServiceNow to Transform Voice-Driven Self-Service, Enhancing Employee and Customer Experience, Boosting Efficiency, and Reducing Operational Costs ROCKVILLE, Md., April 14, 2025 /PRNewswire/ -- 3CLogic, the AI-powered contact center solution provider built for ServiceNow®, and ServiceNow (NYSE: NOW), the AI platform for business transformation, have expanded their successful partnership to deliver a groundbreaking, end-to-end AI-powered solution for both emplo ...
NowVertical to Present at the Planet MicroCap Showcase: VEGAS in partnership with MicroCapClub on Wednesday, April 23, 2025
Globenewswire· 2025-04-14 12:00
Core Points - NowVertical Group Inc. will present at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025, at 5:30 PM PST [1][2] - The presentation will be hosted by CEO Sandeep Mendiratta, who will also answer questions afterward [1] - The company is a global data and analytics provider that helps clients leverage data for business value through AI solutions [3] Company Overview - NowVertical offers a comprehensive suite of data and AI solutions, enabling clients to optimize decision-making and improve operational efficiency [3] - The company is focused on organic growth and strategic acquisitions to enhance its market position [3] - NowVertical aims to drive measurable outcomes and accelerate potential return on investment for its clients [3] Event Details - The event will take place at the Paris Hotel & Casino in Las Vegas, NV, and will include opportunities for 1x1 investor meetings [2] - A webcast of the presentation will be available for those unable to attend live [2] - Registration is required to attend the showcase and schedule meetings with the company [2][5]
Why AI Stock ServiceNow Sank by Almost 5% on Thursday
The Motley Fool· 2025-04-10 23:24
Core Viewpoint - ServiceNow's stock experienced a significant decline due to a price target reduction by an analyst, amidst a generally negative market sentiment [1][2]. Group 1: Analyst Insights - Kash Rangan from Goldman Sachs lowered his fair value assessment for ServiceNow to $1,050 per share, a decrease of $150 from the previous target, while still maintaining a buy recommendation [2]. - Rangan's adjustment is based on expectations of potential impacts on ServiceNow's fundamentals in the second quarter and throughout the year, particularly due to its substantial business with public-sector clients affected by government downsizing [3]. Group 2: Market Reaction and Valuation - The stock price of ServiceNow fell by over 5% in a single day, reflecting aggressive selling by investors, which Rangan suggests may present a buying opportunity given the current valuations [1][4]. - Despite the recent downturn, Rangan remains optimistic about ServiceNow's efforts to integrate artificial intelligence functionalities into its offerings, which could enhance its market position [4]. Group 3: Upcoming Developments - ServiceNow is scheduled to report its first-quarter results on April 23, which will provide further insights into the company's performance and validate the analyst's outlook [5].
ServiceNow Backed By AI, Strong Cash Flow Despite Tariff Uncertainty: Analyst
Benzinga· 2025-04-10 21:20
ServiceNow, Inc NOW is one of the weaker performers in Goldman Sachs analyst Kash Rangan’s coverage group.Rangan maintained a Buy rating on the company and lowered his price target to $1,050 ($1,200 prior) on Thursday.ServiceNow has been one of the weaker performers in Rangan’s coverage group year-to-date (-22% versus coverage average -14%) as investors grapple with sub-20% fiscal 2025 guidance, the potential rationalization of PubSec IT spending, and knock-on effects from tariff policy volatility. Regardin ...
中国将“适度”减少美国电影进口数量;迅销因关税下调下半年盈利预期;马云现身阿里云谷园区丨百亿美元公司动向
晚点LatePost· 2025-04-10 14:52
中国将 "适度" 减少美国电影进口数量。 国家电影局发言人称,美国政府加征关税 "会令国内观众对美国影片好感度进一步降低",因此将 遵循市场规律,适度减少美国影片进口数量。中国是全球第二大电影市场,据猫眼娱乐数据,引入 国内的美国电影数量在 2018 年达到峰值,共 63 部,随后数量下滑,2022 年仅 25 部,去年又升至 42 部。近年来国产电影更受消费者支持,一个例子是《哪吒之魔童闹海》全球票房已破 156 亿, 进入全球影史票房第五。 优衣库大部分销往美国的优衣库产品都产自东南亚,此前特朗普宣布将对中国以外的其他国家、地 区暂停征收 90 天的关税。有分析师称,纺织供应链比其他行业供应链灵活,关税对优衣库的负面 影响将小于任天堂、丰田等日本公司。 马云现身阿里云谷园区。 社媒流传的影像显示,马云身穿阿里云 15 周年纪念 T 恤,并佩戴了阿里新版工牌,工牌上印有他 的照片和花名 "风清扬"。此行他参加了阿里云新财年启动会并上台讲话。据我们了解,阿里近期 在大力鼓励员工佩戴工牌,并推出了有戴脖、斜挎和卡夹三种戴法的新工牌,员工可自愿申请换 新,员工还可凭工牌享受园区附近商户的折扣。自去年底以来,马云已 ...
NowVertical Group Wins 2025 Google Cloud Data & Analytics Partner of the Year for Latin America
Globenewswire· 2025-04-08 20:30
Core Points - NowVertical Group Inc. has been awarded the 2025 Google Cloud Data & Analytics Partner of the Year for Latin America, highlighting its exceptional capabilities on the Google Cloud Platform [1][2] - The award recognizes NowVertical's ability to deliver innovative solutions and high-level expertise, creating significant value for customers [2] - The recognition is seen as a milestone for NowVertical, establishing it as a trusted partner for enterprises aiming to leverage their data effectively [3] Company Overview - NowVertical is a global data and analytics company that transforms data into tangible business value using AI, enabling clients to harness their data's full potential [5] - The company offers a comprehensive suite of solutions and services that drive measurable outcomes and accelerate potential return on investment for enterprises [5] - NowVertical is focused on organic growth and strategic acquisitions to enhance its market position [5] Market Positioning - Being named Partner of the Year opens new client opportunities and reinforces NowVertical's capability to deliver advanced data solutions at scale [4] - The award positions NowVertical as a trusted partner in AI, analytics, and cloud computing within high-growth markets [4] - The recognition was received at the Google Partner Summit held in Las Vegas on April 8, 2025 [4]
ServiceNow Plans to Acquire Logik.ai: Buy, Sell or Hold the Stock?
ZACKS· 2025-04-07 20:00
Core Insights - ServiceNow (NOW) has announced the acquisition of Logik.ai, enhancing its AI-powered Configure, Price, Quote (CPQ) solutions [1] - The acquisition aims to improve Customer Relationship Management capabilities, particularly in Sales and Order Management, by integrating advanced AI-driven sales tools [2] - Despite the positive long-term outlook from the acquisition, NOW's shares have fallen 31.9% year to date amid challenging macroeconomic conditions [3] Group 1: Acquisition Strategy - The acquisition of Logik.ai aligns with ServiceNow's goal to strengthen its CRM capabilities and enhance sales efficiency through AI solutions [4] - ServiceNow has been actively pursuing acquisitions, including Cuein, Moveworks, and Quality 360, to expand its AI footprint and improve operational efficiency [5][6] Group 2: Customer Growth and Partnerships - ServiceNow ended Q4 2024 with 2,109 customers with over $1 million in annual contract value, reflecting a 14% year-over-year growth [7] - The company has established strong partnerships with major players like NVIDIA, Google Cloud, and Oracle, which have been key to its business expansion [8][9][10] Group 3: Financial Outlook - For 2025, ServiceNow expects subscription revenues to range from $12.635 billion to $12.675 billion, indicating an 18.5% to 19% increase from 2024 [11] - The company anticipates a forex impact of approximately $175 million, which may affect growth rates, alongside a strategy to accelerate Agentic AI adoption [12] - The consensus estimate for 2025 earnings is $3.78 per share, representing a 10.85% increase from 2024 [12][13]
ServiceNow Acquires Logik.ai to Bolster CRM Offerings
PYMNTS.com· 2025-04-03 18:34
ServiceNow, a company that provides artificial intelligence (AI) agents for businesses, is set to acquire Logik.ai.The deal, announced Thursday (April 3), is designed to accelerate ServiceNow’s momentum in sales and order management with the help of Logik.ai’s configure, price, quote (CPQ) solution. Logik.ai’s best-in-class capabilities for sales and commerce will expand ServiceNow’s growth.“Companies in every industry struggle with ineffective sales processes due to complex product configurations, pricing ...
Tech Mahindra and ServiceNow Partner to Deliver Next-Gen Broadband Solutions for Communication Service Providers
Prnewswire· 2025-04-03 13:30
Core Insights - Tech Mahindra has partnered with ServiceNow to deliver next-generation broadband solutions for Communication Service Providers (CSPs) [1][5] - The partnership aims to enhance operational efficiencies and accelerate broadband rollouts by leveraging advanced technologies [2][3] Company Overview - Tech Mahindra is a global provider of technology consulting and digital solutions, focusing on the telecommunications sector [1] - The company is expanding its presence in the global broadband market, addressing the need for modernized systems and improved operational agility [3] Partnership Details - The collaboration utilizes Tech Mahindra's netOps.now platform, integrating various operational aspects for CSPs [2] - The solution includes AI-driven analytics, Network-as-a-Service (NaaS), and intelligent automation to streamline operations [2] Operational Impact - CSPs can improve operational efficiencies by up to 50% and achieve faster time-to-market for broadband services [2] - A recent implementation for a FibreCo in Germany resulted in a 20% reduction in fiber rollout time and significant decreases in order fallouts [4] Market Positioning - The partnership positions both companies to drive digital inclusion and seamless connectivity in the broadband market [5] - The next-generation broadband solution is expected to unlock new opportunities and promote sustainable growth [5]