ServiceNow Inc. ($NOW) Stock Forecast: Down 5.3% Today

What is ServiceNow Inc.?

NOW, Inc. (NOW) operates in the energy industry, offering products and services to oil and gas companies to enhance operational efficiency. The company's stock witnessed a significant decline today amidst market fluctuations.

Why is ServiceNow Inc. going down?

NOW stock is down 5.3% on Apr 29, 2026 14:21

• The downturn in NOW, Inc. might be linked to the prevailing negative sentiment in the energy sector, potentially influenced by uncertainties around oil price fluctuations and geopolitical issues impacting supply chains.
• Investors appear to be responding to recent challenges faced by various companies, notably Salesforce, which experienced a considerable stock price decline. This development could be affecting the broader tech sector and stocks like NOW, Inc.
• The upcoming earnings report from Microsoft and cautious predictions from analysts could be contributing to a risk-averse mood in the market, prompting the downward movement in NOW, Inc.'s stock.
• A general lack of confidence in tech and energy stocks, influenced by company-specific obstacles and wider economic conditions, is likely driving the downward trajectory in NOW, Inc.'s stock value.

NOW Price Chart

NOW Technical Analysis

NOW News

Five9 (FIVN) Reports Q1: Everything You Need To Know Ahead Of Earnings

Five9 (FIVN) is set to report its Q1 earnings, with analysts expecting a 7.3% year-on-year revenue growth. The cloud contact center software provider has a history of exceeding Wall Street's expectations and saw its shares rise by 15.3% over the last month, against an average rise of 7% for its peers. Investors will be watching key financial metrics and guidance following a strong previous quarter where Five9 beat revenue and EBITDA estimates.

https://www.tradingview.com/news/stockstory:633f3950e094b:0-five9-fivn-reports-q1-everything-you-need-to-know-ahead-of-earnings/

Salesforce Faces Triple Threat: Lawsuit, AI Disruption, and a Stock in Freefall

Salesforce is currently navigating significant challenges, including a discrimination lawsuit filed by a former employee, increased competition from AI startups like Actively AI, and a substantial 28% drop in its stock price. Despite these headwinds, the company's AI platform, Agentforce, is showing strong operational growth with $800 million in annualized revenue and rising customer adoption. The market, however, remains concerned about the long-term impact of AI disruption on its core CRM business, pushing the stock into an oversold condition despite positive analyst ratings.

https://www.ad-hoc-news.de/boerse/news/ueberblick/salesforce-faces-triple-threat-lawsuit-ai-disruption-and-a-stock-in/69255338

Omada Health (NASDAQ: OMDA) outlines 2026 proxy, director elections and pay

Omada Health (NASDAQ: OMDA) has released details for its 2026 virtual Annual Meeting of Stockholders on June 16, 2026. Stockholders will vote on the re-election of Sean Duffy and Trevor Fetter as Class I directors and the ratification of Deloitte & Touche LLP as the independent auditor. The proxy statement also covers executive compensation for 2025, with CEO Sean Duffy receiving over $4.7 million, and details the company's corporate governance, including audit and compensation committee structures.

https://www.stocktitan.net/sec-filings/OMDA/def-14a-omada-health-inc-definitive-proxy-statement-ced37de9f768.html

Evercore ISI maintains HubSpot stock rating on revenue outlook

Evercore ISI has reiterated an In Line rating and a $350.00 price target for HubSpot Inc (NYSE:HUBS), following the release of the company's annual proxy statement. The firm's analysis of the proxy statement, which provided additional details on net new annual recurring revenue (NNARR) for fiscal year 2025, suggests that Street estimates for fiscal year 2026 subscription revenue are de-risked. HubSpot's recent performance shows impressive revenue growth and gross profit margins, and Evercore ISI anticipates a return to approximately 20% growth in fiscal year 2026, primarily in the second half.

https://www.investing.com/news/analyst-ratings/evercore-isi-maintains-hubspot-stock-rating-on-revenue-outlook-93CH-4642855

Microsoft Q3 Preview: Expert Says Story Isn't Broken, 'Expectations Got Ahead Of Reality'

Microsoft is set to report its third-quarter earnings, with analysts expecting record revenue of $81.4 billion and EPS of $4.07. Freedom Capital Markets Chief Market Strategist Jay Woods notes that while Microsoft's stock has faced pressure due to high expectations, the underlying story is not broken, with Azure growth and AI monetization being key watch points. The company's recent revision to its partnership with OpenAI and its impact on future fiscal years will also be a major focus for investors.

https://www.benzinga.com/trading-ideas/previews/26/04/52103819/microsoft-q3-preview-expert-says-story-isnt-broken-expectations-got-ahead-of-reality

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ServiceNow Inc. Price History

14.03.2026 - NOW Stock was up 6.6%

• Lynch Asset Management Inc. and Gemmer Asset Management LLC notably increased their stakes in ServiceNow, reflecting a growing confidence in the company's future.
• Despite insider selling and varied analyst sentiment, the overall institutional ownership of ServiceNow remains high, indicating sustained investor interest.
• The recent launch of TrustCloud's application on the ServiceNow Store is viewed as a positive step, potentially expanding ServiceNow's offerings and customer base.
• The uptrend in ServiceNow's stock could be partly driven by the broader market positivity towards tech stocks, as evidenced by Adobe's strong quarterly results and the sector's software stocks rebounding.

27.03.2026 - NOW Stock was up 5.5%

• The bullish movement in ServiceNow's stock today could be attributed to positive sentiment in the tech sector, driven by the upcoming big-tech earnings reports providing insights into AI spending ROI.
• Additionally, the overall market optimism, as seen in the record highs of the Nasdaq 100 Index and QQQ ETF, could have contributed to the bullish trend in NOW.
• An endorsement of CVS Health over ServiceNow might have led some investors to shift their focus towards other opportunities, potentially impacting the stock's performance.
• The reduction in holdings of Invesco QQQ by a wealth management firm and other investors adjusting their positions in QQQ could have redirected some capital towards individual stocks like ServiceNow, boosting its bullish movement.

29.03.2026 - NOW Stock was down 5.3%

• The downturn in NOW, Inc. might be linked to the prevailing negative sentiment in the energy sector, potentially influenced by uncertainties around oil price fluctuations and geopolitical issues impacting supply chains.
• Investors appear to be responding to recent challenges faced by various companies, notably Salesforce, which experienced a considerable stock price decline. This development could be affecting the broader tech sector and stocks like NOW, Inc.
• The upcoming earnings report from Microsoft and cautious predictions from analysts could be contributing to a risk-averse mood in the market, prompting the downward movement in NOW, Inc.'s stock.
• A general lack of confidence in tech and energy stocks, influenced by company-specific obstacles and wider economic conditions, is likely driving the downward trajectory in NOW, Inc.'s stock value.

21.03.2026 - NOW Stock was up 5.3%

• ServiceNow's recent upward momentum is linked to its acquisition of Armis for $7.75 billion, expanding its offerings to include AI-driven cybersecurity solutions.
• The launch of new AI-native solutions tailored for the manufacturing value chain has added to the positive outlook surrounding the company's stock.
• Despite global uncertainties, investors are showing renewed optimism towards ServiceNow's growth strategies and market positioning, driving its current uptrend.
• The tech sector's resilience and endorsement of tech stocks by Wells Fargo, which includes ServiceNow, have likely bolstered investor confidence in the company's long-term prospects.

23.03.2026 - NOW Stock was down 13.7%

• ServiceNow's bearish movement could be attributed to concerns raised by its quarterly results, particularly the delays in Middle East deals, which may have raised doubts about its growth prospects.
• The broader slide in US software stocks, including ServiceNow, could be influenced by fears of AI-driven disruption following slower revenue growth in the software business of another company, signaling potential challenges for traditional software companies.
• The risks associated with relying heavily on Big Tech earnings, as highlighted by another company and ServiceNow, might have contributed to investor caution and the bearish movement in ServiceNow's stock today.
• Overall, the market's reaction to ServiceNow's results and the broader concerns about AI disruption in the software sector seem to have weighed on NOW's performance, leading to a bearish movement.

23.03.2026 - NOW Stock was down 16.8%

• ServiceNow Inc. (NOW) witnessed a significant decrease in its stock price today, potentially influenced by sector-wide and company-specific concerns.
• The stock's decline may be linked to delays in business deals and planned investments in artificial intelligence impacting profitability, in light of recent developments involving other companies.
• Furthermore, reports of prominent investor actions in the software sector, such as Michael Burry's purchase of Salesforce shares amid market uncertainties, could have contributed to negative market sentiment towards ServiceNow and similar companies.
• In summary, ServiceNow Inc. (NOW) appeared to be affected by industry-wide apprehensions regarding artificial intelligence, internal factors impacting financial performance, and broader market sentiment influenced by notable investors, resulting in today's bearish movement.

23.03.2026 - NOW Stock was down 16.8%

• The bearish movement in ServiceNow's stock today is influenced by various factors:
• Reported strong revenue growth in the first quarter, but concerns linger about the impact of recent acquisitions on the company's performance and future outlook.
• The software sector, including companies like ServiceNow and IBM, is under pressure from a general market sentiment, with fears of AI disrupting the traditional SaaS business model.
• Investors are growing wary of relying solely on high subscription fees for off-the-shelf software, as there is a trend towards companies developing their own AI tools, potentially affecting industry profit margins.
• Overall market apprehension about AI disruptions and the performance of tech firms, including ServiceNow, is contributing to the current bearish movement in the stock.

23.03.2026 - NOW Stock was down 17.5%

• ServiceNow's first-quarter revenue surged to $3.77 billion, indicating its solid fundamentals and strong market position.
• Despite the impressive revenue figures, the stock dropped as the company projected a lower subscription gross margin for the full year, citing recent acquisitions as a factor. This led to concerns among investors regarding profitability.
• The market's response suggests that although ServiceNow is performing well financially, the focus on margin outlook and profitability took precedence over positive revenue forecasts and successful AI-driven products.
• The varying opinions on ServiceNow's performance underscore the fine line between growth prospects and profitability, influencing the negative movement in the stock today.

24.03.2026 - NOW Stock was up 5.1%

• ServiceNow's stock saw a notable increase today following an endorsement from D.A. Davidson with a price target of $190.00, suggesting a potential upside of 71.5%.
• The positive reception from analysts and a strong consensus for buying ServiceNow shares were key factors in the stock's positive performance.
• The encouraging prospects for ServiceNow were reinforced by the overall optimistic sentiment in the tech sector, exemplified by Morgan Stanley's favorable outlook on Intuit with a price target of $580.00.
• ServiceNow's innovative offerings and growth opportunities, particularly in workflow automation, likely appealed to investors, contributing to the stock's rise despite recent market fluctuations.

16.03.2026 - NOW Stock was up 6.5%

• Positive outlook from industry experts, underlining ServiceNow's growth potential, likely influenced investor sentiment and contributed to the stock's uptrend.
• ServiceNow's global expansion efforts, including the establishment of new data centers in Brazil to support AI solutions, demonstrated the company's dedication to improving customer experience and technology offerings.
• Market optimism, fueled by developments suggesting potential peace talks between the U.S. and Iran, prompted investors to favor growth-focused stocks like ServiceNow. This underscores the significance of robust subscription revenue and AI integration in enterprise software.

15.03.2026 - NOW Stock was up 5.1%

• Bridgewater Advisors Inc. and Assetmark Inc. substantially increased their holdings in NOW in the fourth quarter, demonstrating strong confidence in the company's future growth potential.
• Following positive earnings and revenue surpassing expectations, NOW's stock saw a modest decline, potentially due to concerns about its valuation trading below the 200-day moving average.
• Market movements may be influenced by profit-taking activities post recent stock gains and varying analyst opinions. Certain analysts have expressed valuation worries despite positive developments such as new partnerships strengthening its AI platform.

15.03.2026 - NOW Stock was up 7.6%

• The bullish movement of ServiceNow could be linked to its strategic expansion in Brazil, including the establishment of new data centers to enhance regional presence and provide AI-centric workflows to large organizations.
• The acknowledgment of Zenity in the Gartner Hype Cycle for Agentic AI highlights the increasing significance of security solutions for autonomous AI agents, potentially boosting investor confidence in AI-focused companies such as ServiceNow.
• Despite insider selling of Alphabet Inc. ($GOOG) shares, the favorable overall sentiment towards tech firms and their robust financial results might have positively impacted investor outlook towards ServiceNow.
• The rise in stake by institutional investors like Bridgewater Advisors Inc. in ServiceNow indicates a growing trust in the company's future performance, contributing to the optimistic market movement.