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Stock impact report

ServiceNow Shares Slip Despite Strong AI Growth. Should Investors Buy the Dip on the Stock? [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
ServiceNow (NYSE: NOW) became the latest example of this, with its shares plunging despite reporting strong fourth-quarter results and issuing upbeat guidance. ServiceNow is pivoting to be an artificial intelligence (AI) first company, and its generative AI suite of solutions, Now Assist, continues to be a growth driver, reaching a $600 million annual contract value (ACV). It will look to grow to over $1 billion by the end of 2026. Meanwhile, it is in the process of acquiring AI cybersecurity companies Armis and Veza to help tie security and AI capabilities together. With its AI Control Tower platform, it is also looking to become an orchestration platform for agentic AI. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » For Q4, ServiceNow's revenue rose 20.5% year over year to $3.57 billion, while adjusted earnings per share (EPS) jumped 26% to $0.92. That bes Show less Read more
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