If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider ServiceNow (NOW) . This company, which is in the Zacks Computers - IT Services industry, shows potential for another earnings beat.When looking at the last two reports, this maker of software that automates companies' technology operations has recorded a strong streak of surpassing earnings estimates. The company has topped es ...

ServiceNow plans to further the development of its artificial intelligence agents by acquiring Cuein.Cuein’s experience in AI native conversation data analysis and insights will enhance the ability of ServiceNow’s AI agents to understand and process data from customer interactions, transforming that data into actionable insights, the companies said in a Friday (Jan. 17) press release.ServiceNow signed an agreement to acquire Cuein and expects to close the transaction during the first quarter, according to t ...

For Immediate ReleaseChicago, IL – January 17, 2025 – Today, Zacks Equity Research Equity ServiceNow (NOW) , EPAM Systems (EPAM) and DXC Technology (DXC) .Industry: IT ServicesLink: https://www.zacks.com/commentary/2398353/3-it-services-stocks-worth-betting-on-from-a-prospering-industryThe Zacks Computers – IT Services industry participants are suffering from challenging macroeconomic conditions that are elongating the sales cycle. The adoption of consultation and transaction processing solutions has been a ...

ServiceNow (NOW) closed at $1,057.16 in the latest trading session, marking a +0.29% move from the prior day. This change outpaced the S&P 500's 0.21% loss on the day. Meanwhile, the Dow experienced a drop of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.89%.The the stock of maker of software that automates companies' technology operations has fallen by 0.65% in the past month, leading the Computer and Technology sector's loss of 2.15% and the S&P 500's loss of 1.56%.The upcoming earnings r ...

Company Performance and Financials - ServiceNow had 15 deals greater than $5 million in net new ACV and six deals of more than $10 million in Q3 2024, with 96 deals exceeding $1 million in net new ACV [3] - The number of customers contributing more than $20 million grew nearly 40% year over year [3] - The Zacks Consensus Estimate for 2025 earnings is $16.42 per share, indicating an 18.42% year-over-year increase [9] - ServiceNow's earnings beat the Zacks Consensus Estimate in all the trailing four quarters, with an average surprise of 9.46% [9] - The consensus mark for 2025 revenues is $13.19 billion, suggesting 20.10% growth over the 2024 estimate of $10.98 billion [10] - ServiceNow shares have declined 10% in the past month but returned 39.3% over the trailing 12-month period, outperforming the sector and industry [16][17] AI and Technology Innovations - ServiceNow is leveraging AI and machine learning, with its total addressable market expected to reach $275 billion in 2026 [1] - The company is integrating Agentic AI into its platform, expected to enhance productivity and reduce issue resolution time [20] - ServiceNow added more than 150 GenAI innovations, including expanded Now Assist capabilities with AI Governance features [21] - The Xanadu update offers AI-powered industry solutions for telecom, media, technology, financial services, and the public sector [19] - Gen AI deals gained traction in Q3 2024, with 44 new Now Assist customers spending over $1 million in ACV and price increases of roughly 30% [23] Partnerships and Collaborations - ServiceNow has major partnerships with Amazon, Microsoft, and NVIDIA, along with deals with Five9, Visa, Snowflake, Zoom, Siemens, and others [5] - The company expanded its collaboration with Amazon Web Services to accelerate AI-driven business transformation by connecting Amazon Bedrock models to ServiceNow [6] - ServiceNow and Microsoft partnered to modernize front-office business processes with Microsoft Copilot and ServiceNow AI agent integration [8] - NVIDIA and ServiceNow are collaborating to develop AI agent use cases on the Now platform using NVIDIA NIM Agent Blueprints [8] Market Position and Valuation - ServiceNow's strong GenAI portfolio and partner base justify its premium valuation, with a forward 12-month Price/Sales ratio of 15.74X, higher than the sector's 6.98X [11][12] - The company has a Zacks Rank 1 (Strong Buy) and a Growth Score of B, indicating a strong investment opportunity [14] - ServiceNow shares are trading above the 200-day moving average, displaying a bullish trend [18][22] Customer Base and Growth - ServiceNow had 2,020 total customers with more than $1 million in annual contract value (ACV) exiting Q3 2024 [17] - The company's robust GenAI portfolio and strong partner base are expected to drive clientele growth and boost subscription revenues [14]

Cognizant Stores 360 aims to unify the retail ecosystem and elevate customer experiences through integrated, automated and predictive capabilities, powered by ServiceNow.TEANECK, N.J., Jan. 13, 2025 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) announced the launch of Stores 360, a comprehensive retail solution designed to streamline store operations, enhance employee productivity and improve customer experiences. Developed in collaboration with ServiceNow, the solution leverages the Cognizant Neuro® AI platform ...

Stock Split Mechanics - A stock split reduces the share price by a factor while increasing the outstanding share count proportionally, leaving the market capitalization unchanged [1] - The primary purpose of a stock split is to make shares more accessible to retail investors by lowering the per-share price, even though it does not change the underlying valuation [9] ServiceNow's Stock Performance - ServiceNow's stock has gained over 4,000% since its IPO in 2012 and is currently trading near all-time highs [3][6] - The company's shares soared by 50% in 2024, significantly outperforming both the S&P 500 and Nasdaq Composite indices [13] ServiceNow as a Stock Split Candidate - With a current share price of approximately $1,000, ServiceNow is considered a prime candidate for a stock split [13] - The company has never completed a stock split in its history as a public company, despite its market-beating performance and rising share price [4] ServiceNow's Growth Prospects - ServiceNow is positioned as a compelling opportunity for AI investors, with significant upside potential due to the rising importance of AI in enterprise software [5][12] - The company is a growth stock focused on customer acquisition and cross-selling, with profitability trends often being volatile due to reinvestment in R&D and sales/marketing [10] Valuation Considerations - ServiceNow is trading at a premium to its five-year average EV/Revenue ratio, reflecting ongoing valuation expansion [11] - Traditional profit-based valuation methodologies like P/E may not be entirely appropriate for ServiceNow due to its growth-focused dynamics [14]

Stock Performance and Growth Potential - ServiceNow's stock price has increased by 60% from its low in late 2024 and 200% since 2022, with potential for another 20% growth [1] - The company's growth is slowing in 2024 but remains strong in the low 20% range, expected to continue for the next three to five years [1] - Analysts predict a potential move to $1300, representing a 25% gain from early-January lows [5] Analyst Sentiment and Price Targets - Analysts have raised price targets ahead of ServiceNow's Q4 release, with a consensus Moderate Buy rating and growing conviction for new highs in 2025 [3] - Notable firms like Wells Fargo, Raymond James, and JPMorgan Chase have the stock on critical watchlists, tracking it for above-average growth and value [5] Financial Health and Balance Sheet - ServiceNow's balance sheet is strong, with net cash, ultra-low leverage, and declining liabilities, supporting growing cash flow and shareholder value [7] - Total liabilities fell more than 6% in Q3 while assets rose, increasing shareholder equity by nearly 22% year-over-year [7] - Long-term forecasts include accelerated share buybacks and potential dividend distributions [7] Institutional Activity and Market Support - Institutions own over 85% of ServiceNow's stock and have been buying on balance every quarter in 2024, providing strong support [11] - However, there were net sales reported in the first two weeks of 2025, raising concerns about the sustainability of the uptrend [11] Technical Outlook - ServiceNow's stock price pulled back from a peak in late 2024 but the uptrend remains intact, with critical support near $950 [12] - Indicators suggest market strength is building, with potential for new highs in 2025, though there is a risk of entering a trading range [12] AI and Industry Positioning - ServiceNow is well-positioned to benefit from the growing adoption of AI services, with end-to-end solutions adaptable across industry verticals [2] - The company's ability to monetize AI and drive adoption is seen as industry-leading, with decades of growth potential [2] Revenue and Growth Drivers - ServiceNow's Q3 guidance indicated nearly 22% year-over-year growth, driven by increasing client count, growth of large clients, and service penetration [6] - RPO growth exceeded 26% in Q3, a key metric for future revenue growth, with the market watching for stability or further growth in this area [6]

ServiceNow (NOW) closed the latest trading day at $1,049.08, indicating a -0.48% change from the previous session's end. This change lagged the S&P 500's daily gain of 0.16%. Meanwhile, the Dow gained 0.25%, and the Nasdaq, a tech-heavy index, lost 0.06%.The maker of software that automates companies' technology operations's stock has dropped by 8.55% in the past month, falling short of the Computer and Technology sector's loss of 0.39% and the S&P 500's loss of 2.7%.The investment community will be closely ...

In the latest market close, ServiceNow (NOW) reached $1,099.11, with a -0.58% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.04%. Meanwhile, the Dow experienced a rise of 0.07%, and the technology-dominated Nasdaq saw a decrease of 0.05%.The maker of software that automates companies' technology operations's shares have seen an increase of 6.16% over the last month, surpassing the Computer and Technology sector's gain of 5.93% and the S&P 500's gain of ...