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Sohini Mondal

ServiceNow Stock Outlook: Is Wall Street Bullish or Bearish?

With a strong market cap of $170.7 billion, ServiceNow, Inc. (NOW) is a leading provider of cloud-based platforms that automate and optimize digital workflows for enterprises across various industries. Based in Santa Clara, California, the company offers solutions for IT, HR, customer service, and more, driving digital transformation through AI, machine learning, and robotic process automation.

Shares of this digital workflow leader have significantly outperformed the broader market over the past 52 weeks. NOW has notably risen 53.8% during this period, contrasting with the S&P 500 Index's ($SPX) 28.3% rally. In 2024, NOW shares surged 17.9%, slightly surpassing SPX's 17.6% YTD gain.

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Top stories on inkl right now

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The Stars and Stripes cruised to four wins during the fall international break.

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The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

National Guard Troops Took Larger Role in California Immigration Raid Than Previously Known: Report

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