Is Wall Street Bullish or Bearish on ServiceNow Stock?

Santa Clara, California-based ServiceNow, Inc. (NOW) provides cloud-based solutions for digital workflows. Valued at a market cap of $112 billion, the company helps businesses integrate systems, reduce manual processes, and improve operational efficiency using AI-driven automation. 

This software company has notably lagged behind the broader market over the past 52 weeks. Shares of NOW have declined 45.9% over this time frame, while the broader S&P 500 Index ($SPX) has soared 11.8%. Moreover, on a YTD basis, the stock is down 30.1%, compared to SPX’s marginal drop.