We recently published 14 Stocks on Jim Cramer’s Radar.  ServiceNow, Inc. (NYSE:NOW) is one of the stocks on Jim Cramer's radar. ServiceNow, Inc. (NYSE:NOW) is a software-as-a-service (SaaS) company that provides enterprise workflow management software products. Its shares are down 40% over the year and 7.5% year-to-date. Cramer has discussed ServiceNow, Inc. (NYSE:NOW) regularly over the past couple of months. The CNBC TV host believes the stock’s woes are part of the broader struggles that the enterprise ...

Core Viewpoint - ServiceNow, Inc. (NYSE:NOW) has faced significant share price declines, down 43.6% over the past year and 13.9% year-to-date, amidst challenges in the broader software sector [2] Group 1: Stock Performance and Analyst Ratings - Baird reduced its share price target for ServiceNow to $190 from $250 while maintaining an Outperform rating [2] - RBC Capital also kept an Outperform rating with a $195 share price target, highlighting the company's partnership with OpenAI as a positive indicator of its market presence [2] - Citi set a more optimistic share price target of $250.60, reflecting confidence in ServiceNow's sales pipeline following the OpenAI partnership announcement [2] Group 2: Partnership with OpenAI - The partnership with OpenAI will integrate OpenAI's frontier model capabilities into ServiceNow's platform, enhancing its offerings to customers [2] - There is speculation regarding whether the partnership primarily benefits OpenAI by establishing its presence in the business-to-business market [3] Group 3: Investment Sentiment - While there is potential for ServiceNow as an investment, some analysts believe that other AI stocks may offer better returns with lower risk [3]