ServiceNow (NOW) has become a key player in enterprise artificial intelligence (AI), yet it remains underestimated. Despite reporting another great quarter, NOW stock is down 27% year-to-date (YTD), underperforming the broader market.
That’s because the market still views it as just an AI company. But ServiceNow's second quarter showed that its next growth engine may be cybersecurity and not just AI. Let's take a closer look.