ServiceNow (NOW) Down More Than 10% Since Fiscal Q3 2025 Results

Core Viewpoint - ServiceNow, Inc. (NYSE:NOW) is experiencing a decline in stock price despite a positive outlook from Wall Street, driven by strong fiscal Q3 results and raised full-year guidance [1][2]. Financial Performance - In fiscal Q3 2025, ServiceNow reported a revenue growth of 21.85% year-over-year, reaching $3.41 billion, which exceeded estimates by $49.93 million [2]. - The earnings per share (EPS) for the quarter was $4.82, surpassing expectations by $0.55 [2]. Guidance and Projections - Management has raised the full-year subscription revenue guidance to a range of $12.835 billion to $12.845 billion, up from the previous range of $12.775 billion to $12.795 billion [3]. Strategic Developments - ServiceNow announced new integrations with Microsoft aimed at enhancing AI orchestration and governance capabilities, which will connect their platforms more seamlessly [4].