ServiceNow Inc. ($NOW) Stock Forecast: Up 10.0% Today

What is ServiceNow Inc.?

ServiceNow (NOW) operates in cloud computing, offering digital workflow solutions to streamline operations. The stock showed strong bullish movement in the market today.

Why is ServiceNow Inc. going up?

NOW stock is up 10.0% on Jun 29, 2026 19:46

• A recent collaboration between Accenture and ServiceNow to introduce AI-powered services for modernizing enterprise risk management likely boosted investor confidence in the company’s growth potential.
• Bernstein's affirmation of an Outperform rating with a target price of $236 for ServiceNow, pointing to upcoming easier comparisons and growth opportunities from rising AI-driven demand, also bolstered the positive market sentiment.
• By focusing on utilizing AI solutions to tackle cybersecurity infrastructure modernization challenges related to cost and complexity, ServiceNow could be establishing itself as a significant industry player, which resonated well with investors.
• In essence, the favorable reception of strategic partnerships and optimistic analyst perspectives appears to have influenced the bullish performance of ServiceNow's stock today.

NOW Price Chart

NOW Technical Analysis

NOW News

Accenture plc and Servicenow, Inc. Launch Ai-Powered Services to Accelerate the Shift from Legacy Risk Platforms to Agentic Ai

Accenture plc and ServiceNow, Inc. have jointly launched new AI-powered services designed to facilitate the migration from legacy risk platforms to an Agentic AI system. This offering includes managed security services on the ServiceNow AI Platform and an Accenture AI-powered solution for automating migrations. The collaboration aims to address the challenges of cost and complexity associated with modernizing enterprise risk management.

https://www.marketscreener.com/news/accenture-plc-and-servicenow-inc-launch-ai-powered-services-to-accelerate-the-shift-from-legacy-ri-ce7f5fdfd98ff523

Bernstein reiterates ServiceNow stock rating on easier comps ahead

Bernstein SocGen Group has reiterated an Outperform rating and $236 price target for ServiceNow (NYSE: NOW), citing easier comparisons in the second half of 2026. The firm views ServiceNow as the least expensive mid/large cap software stock based on its valuation metrics, despite a significant stock drop over the past year. Bernstein anticipates growth tailwinds in Q3 and Q4 from a normalized federal spending environment and increasing AI-driven demand through its Now Assist platform.

https://www.investing.com/news/analyst-ratings/bernstein-reiterates-servicenow-stock-rating-on-easier-comps-ahead-93CH-4765683

ServiceNow and Accenture launch AI-powered services to accelerate the shift from legacy risk platforms to agentic AI

Accenture and ServiceNow have collaborated to introduce new AI-powered services aimed at facilitating the transition from traditional risk platforms to agentic AI, particularly in cybersecurity. This joint offering includes managed security services on the ServiceNow AI Platform and an Accenture AI solution for migrating from legacy systems, addressing the high cost and complexity associated with modernizing enterprise risk management. The initiative seeks to combat the increasing speed and sophistication of cyberattacks, enhancing cyber resilience and simplifying security operations.

https://www.businesswire.com/news/home/20260629812183/en/ServiceNow-and-Accenture-launch-AI-powered-services-to-accelerate-the-shift-from-legacy-risk-platforms-to-agentic-AI

Bernstein Maintains ServiceNow(NOW.US) With Buy Rating, Maintains Target Price $236

Bernstein has reiterated its Buy rating on ServiceNow (NOW.US) and maintained its target price of $236. The report indicates continued confidence in the stock's performance.

https://www.moomoo.com/news/post/72188389/bernstein-maintains-servicenow-nowus-with-buy-rating-maintains-target-price

ServiceNow and Accenture launch AI-powered services to accelerate the shift from legacy risk platforms to agentic AI

Accenture and ServiceNow have partnered to launch new AI-powered services aimed at helping organizations transition from older risk platforms to more advanced agentic AI systems. This collaboration seeks to address the significant cost and complexity associated with modernizing cybersecurity infrastructure. The joint offering includes managed security services built on the ServiceNow AI Platform and an Accenture AI-powered solution for automating migrations, ultimately enhancing cyber resilience and simplifying security operations against increasingly sophisticated threats.

https://newsroom.accenture.com/news/2026/servicenow-and-accenture-launch-ai-powered-services-to-accelerate-the-shift-from-legacy-risk-platforms-to-agentic-ai

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ServiceNow Inc. Price History

18.05.2026 - NOW Stock was down 6.2%

• ServiceNow's stock decline may be linked to the general market sentiment towards technology stocks, with investors potentially shifting away from high-growth assets.
• While Cognizant has shown progress in expanding cross-platform agentic AI in collaboration with ServiceNow, varying analyst opinions and market conditions might have influenced the downward pressure on ServiceNow's stock.
• The announcement of Cognizant's partnerships with Wipro, Digimarc, and HPE to broaden agentic AI workflows possibly sparked investor apprehension about heightened competition in the AI sector, impacting ServiceNow's stock price.
• Profit-taking by investors, possibly due to Cognizant's stock hitting a 52-week low, could have also contributed to the downturn in ServiceNow's stock.

18.05.2026 - NOW Stock was down 7.8%

• The bearish movement in ServiceNow Inc. stock today can be attributed to a combination of factors:
• Despite positive developments such as expanding agentic AI capabilities and forming strategic partnerships, the market may have reacted negatively to the news of underperformance compared to competitors.
• The announcement of autocallable notes linked to ServiceNow's stock by a financial institution may have introduced some uncertainty and caution among investors, leading to selling pressure on the stock.
• The broader market trend, with both the S&P 500 Index and Dow Jones Industrial Average experiencing declines, could have added to the bearish sentiment towards ServiceNow's stock.
• Overall, the market movement suggests that while ServiceNow continues to innovate and collaborate in the AI space, external factors and market conditions have influenced the stock's performance negatively today.

11.05.2026 - NOW Stock was down 5.1%

• Today's decline in ServiceNow's stock price may be linked to concerns over a recent security vulnerability incident, potentially denting investor confidence in the firm's data protection measures.
• Despite recent positive executive moves and favorable analyst projections, the security issue seems to have overshadowed these developments, triggering a wave of selling.
• While the increased institutional ownership by Goodman Advisory Group LLC in the last quarter likely offered some support, the impact of the security breach news on market dynamics appears to have been more pronounced.
• Investors are likely keeping a close watch on how ServiceNow addresses and resolves the security issues to rebuild trust and stabilize the stock value in the short term.

11.05.2026 - NOW Stock was down 6.7%

• ServiceNow executives, including CEO Bill McDermott, displayed confidence in the company by halting stock sale plans and buying $3 million in shares. However, this did not counter the broader market unease, resulting in the bearish movement.
• Despite solid Q4 2025 financial performance and a $5 billion share repurchase initiative pointing towards undervaluation, concerns related to a sector-wide downturn influenced by "SaaSpocalypse" fears seemed to impact the stock.
• Acknowledgment of security issues by ServiceNow and an investigation into unauthorized access reports might have heightened investor uncertainty, contributing to the bearish movement.
• The increased stake by Goodman Advisory Group LLC and strong institutional ownership were positive signs. Nevertheless, negative market momentum and apprehensions regarding valuation and insider share sales likely overshadowed these aspects, leading to the stock's bearish movement.

17.05.2026 - NOW Stock was down 5.3%

• The bearish movement in ServiceNow's stock today could be attributed to profit-taking by investors after a prolonged period of strong performance.
• Despite the positive news of partnerships with companies to enhance AI capabilities and cybersecurity offerings, market sentiment may have shifted due to broader economic concerns or sector rotation.
• The integration of AI security tools with major enterprise platforms could have raised questions about potential competition in the AI space, leading some investors to reevaluate ServiceNow's position in the market.
• Overall, while ServiceNow continues to make strides in AI transformation and workflow automation, external factors and market dynamics may have influenced the bearish movement in the stock today.

23.05.2026 - NOW Stock was up 5.5%

• ServiceNow's partnership with Nametag to bolster enterprise helpdesk security against impersonation attacks underscores its focus on innovation and cybersecurity, possibly increasing investor confidence.
• Despite concerns over economic uncertainties impacting companies like Paychex, ServiceNow's emphasis on cutting-edge AI capabilities and strategic partnerships may have played a role in the positive movement of its stock price.
• A bullish price forecast for ServiceNow stock in 2027, highlighting the potential for substantial growth driven by successful product offerings and market conditions, likely attracted investors and contributed to the upward momentum.
• IBM's cooperation with OpenAI to enhance cyber defense capabilities could have also positively impacted investor sentiment towards tech firms like ServiceNow, renowned for their advanced technologies and security measures.

26.05.2026 - NOW Stock was up 7.4%

• The stock surge is driven by optimistic news related to AI-driven workflow adoption and strategic partnerships, indicating market confidence in ServiceNow's growth.
• ServiceNow's collaborations with industry leaders like IBM, Inspira Enterprise, Hackett, and Hewlett Packard Enterprise demonstrate its goal to strengthen its position as a central operating layer for enterprise AI.
• This positive movement contrasts with the challenges faced by companies like General Mills, emphasizing the importance of innovation and adaptability in today's market.
• ServiceNow's stock momentum aligns with the broader increase in chip equipment stocks post Micron Technology's strong quarter, underscoring the role of technological advancements in market trends.

26.05.2026 - NOW Stock was up 5.5%

• ServiceNow's stock exhibited robust bullish momentum despite the prevailing bearish sentiment in the enterprise software sector.
• Positive market response could be linked to ServiceNow's sustained growth in subscription revenues and rising values of AI-specific contracts.
• The company's strategic focus on providing governance infrastructure for AI is viewed as a competitive edge, fostering investor confidence.
• Investor reassessment of ServiceNow's potential in the AI sector amid a bearish outlook for enterprise software counterparts like General Mills, and the contrasting positive performance of chip equipment stocks, likely fueled the bullish surge in ServiceNow's stock.

29.05.2026 - NOW Stock was up 10.0%

• Investment firm reiterates an Outperform rating and $236 price target for ServiceNow, mentioning easier comparisons in the second half of 2026 as a reason for potential stock growth.
• Collaboration with Accenture to introduce AI-powered services for cybersecurity and transitioning from legacy risk platforms could potentially drive ServiceNow's future growth.
• Positive market sentiment, potential stock buybacks, and supply chain challenges faced by other companies could have influenced the recent bullish movement in NOW's stock price.

29.05.2026 - NOW Stock was up 10.0%

• A recent collaboration between Accenture and ServiceNow to introduce AI-powered services for modernizing enterprise risk management likely boosted investor confidence in the company’s growth potential.
• Bernstein's affirmation of an Outperform rating with a target price of $236 for ServiceNow, pointing to upcoming easier comparisons and growth opportunities from rising AI-driven demand, also bolstered the positive market sentiment.
• By focusing on utilizing AI solutions to tackle cybersecurity infrastructure modernization challenges related to cost and complexity, ServiceNow could be establishing itself as a significant industry player, which resonated well with investors.
• In essence, the favorable reception of strategic partnerships and optimistic analyst perspectives appears to have influenced the bullish performance of ServiceNow's stock today.

29.05.2026 - NOW Stock was up 10.0%

• Collaboration between ServiceNow and Accenture on AI-powered services for cybersecurity and transitioning from legacy risk platforms to agentic AI has attracted investor interest and contributed to the bullish momentum.
• Bernstein's reaffirmation of a Buy rating with a target price of $236 has boosted confidence in the stock's performance and outlook.
• Despite challenges with AI memory chip sourcing and potential stock buybacks, Apple's stable shares did not affect investors' recognition of ServiceNow's AI partnerships with Google Cloud and HCLTech as drivers of the stock's upward trend.
• Investors are looking forward to ServiceNow's upcoming earnings on July 29 to assess the impact of AI demand on subscription growth and the sustainability of the stock's current recovery.

25.05.2026 - NOW Stock was down 5.7%

• The drop in ServiceNow's stock price may be due to investors taking profits following a period of strong growth and positive company updates.
• The announcement of a collaboration between Palo Alto Networks and IBM to bolster AI threat detection and resilience could have shifted investor interest momentarily towards cybersecurity companies, away from ServiceNow.
• Price forecasts for KLA Corporation (KLAC) may have generated enthusiasm for other tech firms, prompting a shift of funds from ServiceNow to potentially higher-growth opportunities.
• Market movements, including a surge in Commerce and Q2 Holdings shares driven by declining interest rates, might have prompted investors to redistribute their investments, contributing to the downtrend in ServiceNow's stock.