From Yahoo Finance: 2025-05-28 09:27:00

Sands Capital Management LLC released its Q1 2025 investor letter for the Sands Capital Technology Innovators Fund, focusing on pioneering tech businesses globally. The fund returned -10.4% in the first quarter, underperforming the benchmark MSCI ACWI Info Tech and Communication Services Index. Software sector securities were the primary negative impact on performance.

ServiceNow, Inc. (NYSE:NOW) was highlighted in the Q1 2025 investor letter by Sands Capital Technology Innovators Fund. ServiceNow offers workflow automation solutions for digital businesses. The stock had a one-month return of 7.58% and gained 40.52% over the past 52 weeks, closing at $1,027.39 per share on May 27, 2025.

ServiceNow, Inc. (NYSE:NOW) is a leading provider of enterprise workflow automation software, with concerns over U.S. federal government spending affecting its stock performance. The company continues to guide for operating margin expansion despite uncertainties. Sands Capital remains optimistic about ServiceNow as a key software player benefiting from AI technology advancements.

ServiceNow, Inc. (NYSE:NOW) is not among the 30 Most Popular Stocks Among Hedge Funds, with 106 hedge fund portfolios holding the stock at the end of Q1 2025. While ServiceNow has potential, hedge funds see greater promise in AI stocks for higher returns. Investors interested in undervalued AI stocks may find opportunities for significant gains.



Read more at Yahoo Finance: Should You Hold ServiceNow (NOW)?