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With a market cap of $203.2 billion, ServiceNow, Inc. (NOW) provides cloud-based solutions that automate digital workflows through its AI-powered Now Platform, enhancing productivity and reducing costs across various enterprise functions like IT, HR, and customer service. Based in Santa Clara, California, the company serves global industries, including financial services, healthcare, technology, and government.
Shares of NOW have outperformed the broader market over the past 52 weeks. NOW stock has increased 28.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 22.3%. However, shares of NOW are down 7.2% on a YTD basis, lagging behind SPX's 4.1% gain.