From Barchart: 2025-05-06 14:00:00

ServiceNow (NYSE: NOW) is making strides in the enterprise software industry with its Agentic AI initiative, aimed at enhancing AI capabilities and attracting U.S. enterprises. Oppenheimer maintains an “Outperform” rating for ServiceNow, raising the price target to $1,100, reflecting confidence in the company’s strategic focus on AI and potential for future growth.

The Agentic AI initiative is expected to drive adoption of ServiceNow’s platform among businesses seeking advanced AI solutions, leading to improved operational efficiency and innovation. With ServiceNow’s expansion in the AI sector, its stock performance could benefit from this strategic move, positioning the company as a leader in AI-driven enterprise solutions.

On May 6, 2025, Oppenheimer reaffirmed its “Outperform” rating for ServiceNow (NYSE: NOW), with the stock priced at $978.05. The price target was raised to $1,100, indicating optimism about ServiceNow’s growth trajectory. This aligns with the company’s strategic push in AI, which is anticipated to positively impact future stock performance.

ServiceNow’s stock is currently priced at $968.13, showing a slight decrease of 1.01% or $9.92. Amid fluctuations during the trading day between $964.50 and $978, the stock’s volatility is evident. Over the past year, it has ranged from $637.99 to $1,198.09, highlighting the dynamic nature of its performance in the market.

With a market capitalization of around $200.4 billion and a trading volume of 520,343 shares, ServiceNow continues to strengthen its position in the AI sector. As the company expands its AI offerings and receives positive analyst support, its market position and stock performance may see further growth, fueled by strategic initiatives and market confidence.



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