Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Amit Singh

THE TRUTH ABOUT: Why its time to load up on servicenow stock | History Defined

ServiceNow (NOW) shares have significantly lagged the broader market over the past year. The stock has declined 27%, while the S&P 500 Index ($SPX) has gained approximately 15.3% over the same period.

Several factors have contributed to the weakness. Investors are increasingly concerned that more capable generative artificial intelligence (AI) models could displace software-as-a-service (SaaS) applications, putting pressure on software stocks such as ServiceNow. Geopolitical tensions and the ongoing conflict in the Middle East have also delayed some subscription agreements, creating near-term headwinds for the company.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.