ServiceNow announced an expanded partnership with Anthropic about a week after it inked a similar deal with competitor OpenAI.
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ServiceNow
topped Wall Street’s fourth-quarter estimates after the bell on Wednesday, but shares fell more than 6%.
Here’s how the company performed versus LSEG estimates:
Revenues grew 20.5% from $2.96 billion in the year-ago period. Net income came in at $401 million, or 38 cents per share, up slightly from $384 million, or 37 cents per share, a year ago.
The software company beat expectations for earnings and revenue as it continued to expand its artificial intelligence offerings.
ServiceNow just posted 20% revenue growth and raised guidance for the year. So why has the stock has fallen nearly 13% this year?…
ServiceNow reported third-quarter results on Wednesday that blew past Wall Street's expectations and its board approved a…
Bernstein's $1,093 price target is approximately 40% above where shares of ServiceNow closed on Tuesday.
Shares of ServiceNow sank over 16%, dragging down other software names like Salesforce, Workday and Oracle with it.
KeyBanc established a $775 price target, which was right around where ServiceNow was trading Monday after dropping more than 11%.
