ServiceNow, Inc. (NOW)
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- Motley Fool
Why ServiceNow Stock Gained 17% in January
Shares of ServiceNow (NYSE: NOW) were moving higher last month as the cloud software company posted solid results in its fourth-quarter earnings report and benefited from a broader tailwind in the tech sector. According to data from S&P Global Market Intelligence, ServiceNow stock finished the month up 17%. ServiceNow has a long track record of steady growth, and its focus on streamlining workflows and breaking up silos has made it a popular choice in enterprise software.
- Bloomberg
ServiceNow Pledges ‘Absolutely No’ Job Cuts in 2023 While Stock Falls on Sales Miss
(Bloomberg) -- ServiceNow Inc. declined in extended trading even as subscription sales slightly exceeded analysts’ average estimate. The software maker also pledged it wouldn’t cut jobs in 2023 despite workforce reductions at many technology companies. Most Read from BloombergWhat You Need to Know About the Suspected Chinese Spy Balloon Floating Over the USGeorge Santos Produced Broadway’s Ill-Fated Spider-Man Musical. At Least, He Claims He DidTrump Offers $1 Million Bond to Appeal Clinton Suit
- Zacks
Should You Invest in ServiceNow (NOW) Based on Bullish Wall Street Views?
According to the average brokerage recommendation (ABR), one should invest in ServiceNow (NOW). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
