- Price
- $138.47
- Day
- -0.97%
- Mkt Cap
- $143.16B
- 52W Range
- $81.24 – $194.73
- Volume
- 9.76M
- Beta
- 0.97
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ServiceNow Inc (NYSE:NOW) stock recently rallied from its April lows, but that recovery appears to be running out of steam near the declining 320-day moving average -- a trendline with historically bearish implications.
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TEAM's AI adoption, cloud momentum and lower valuation give it an edge over NOW despite both benefiting from enterprise AI demand.
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ServiceNow stock (NYSE: NOW) surged 7.4% on Monday as investors reconsidered one of the software sector's biggest fears: that artificial intelligence agents will make established enterprise applications less valuable. The stock closed at $142.35 on September 14, while the PHLX Semiconductor Index sank 5.9% after AI executives called for slower development of advanced models.
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ServiceNow Inc. (NYSE:NOW) shares are trading higher Monday following fresh warnings from top AI executives about the risks of advancing AI capabilities.
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Some investors are buying the dip in the latest tech selloff. Kevin Green discusses how commentary from Anthropic's Dario Amoedi and OpenAI CEO Sam Altman ignited fears of AI development and ways he sees the news moving stocks in the industry. It comes as the stock market braces for the Fed's interest rate decision Wednesday, with Wall Street pricing in a hike. KG tuns to crude oil's price surge near $105, a level he sees as a strong resistance level for the commodity.
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ServiceNow and Palantir both posted jaw-dropping AI numbers in Q2, but their business models represent radically different bets on how enterprise AI actually wins. One valuation makes the choice obvious.
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ServiceNow (NYSE:NOW | NOW Price Prediction) stock is up 5% to $139.62 in early Monday trading, Adobe (NASDAQ:ADBE) stock is climbing 4% to $261.90, and Salesforce (NYSE:CRM) stock is rising 3% to $254.82.
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ServiceNow said its AI products crossed $1 billion in annual contract value in the second quarter of 2026. Reaching $3 billion before 2029 implies about 55% annual growth.
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In the most recent trading session, ServiceNow (NOW) closed at $132.53, indicating a +1.04% shift from the previous trading day.
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ServiceNow NYSE: NOW President and Chief Financial Officer Gina Mastantuono said customer conversations are increasingly centered on deploying artificial intelligence at scale while maintaining security, governance and cost controls.
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ServiceNow just crossed a billion dollars in AI revenue while its stock sits near multiyear lows, and the gap between those two realities points toward a very specific number for 2028.
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Fortune will convene leaders driving measurable AI impact on Oct. 1 at the New York Stock Exchange First-ever summit, themed "Putting AI to Work", will draw companies from the Fortune AIQ 75 prestige list, and beyond NEW YORK and SANTA CLARA, Calif., Sept. 10, 2026 /PRNewswire/ -- Fortune today announced its first-ever Fortune AIQ Summit, scheduled to take place on Oct. 1 in New York City in partnership with ServiceNow (NYSE: NOW), the AI control tower for business reinvention.
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