ServiceNow Stock Plunges 50% — Why NOW Stock Is a Buy Here

ServiceNow (NOW) has endured a difficult first half of the year, with its stock declining about 31% year-to-date (YTD) and falling nearly 50% from its 52-week high.

Much of the decline reflects a broader shift in investor sentiment toward enterprise software companies. As artificial intelligence (AI) rapidly reshapes the software industry, investors have become increasingly concerned that AI-powered agents could eventually disrupt traditional software vendors. Those fears have fueled widespread selling across the sector, with ServiceNow among the hardest hit.