ServiceNow Inc's Shares Decline: -14.58% Quarterly Revenue Decline

ServiceNow Inc’s Shares Reel: -14.58% Quarterly Revenue Decline Amid 135.07B Market Cap

ServiceNow Inc's shares plummeted due to a 14.58% decline in quarterly revenue compared to the same period last year. The company's market capitalization stands at 135.07B, and it employs 22,668 people.

ServiceNow

ServiceNow Inc's Stock Analysis and Trading Data

NOW's price-to-sales ratio: A comparative analysis with its peers – US Post News

ServiceNow Inc's stock is currently trading at $661.10, marking a fall of -9.58% from the previous day's close. The company's market capitalization stands at $245.68 billion, and its stock is -18.92% below its 52-week high.

3 Reasons ServiceNow Stock Is Plunging Today

ServiceNow stock lost 10% on May 30, 2024, falling to $658 in early trading. The decline is attributed to Salesforce's missed consensus estimates, high investor expectations around AI-related companies, and ServiceNow's Q1 revenue growth of 24% year-over-year.

ServiceNow Highlights Innovation and Gen AI Focus at Jefferies Software Conference

ServiceNow, Inc. (NOW) Jefferies Software Conference

ServiceNow participated in the Jefferies Software Conference, emphasizing its innovation and Gen AI focus. CFO Gina Mastantuono highlighted strong momentum in Gen AI coming out of Q4 and into Q1 at the Analyst Day, which was well-received by customers and investors.

Securitybricks Releases SOC 2 Accelerator on ServiceNow Platform

Securitybricks Announces Release of SOC 2 Accelerator on ServiceNow Platform

Securitybricks announced the release of the SOC 2 Accelerator on the ServiceNow platform, designed to automate and simplify SOC 2 compliance. The accelerator integrates with Azure, AWS, and ITSM, enabling continuous monitoring and rapid identification of deviations from established standards.

ServiceNow Hosts Canada Public Sector Forum 2024

Canada Public Sector Forum 2024

ServiceNow is hosting the Canadian Public Sector Forum 2024 to discuss intelligent transformation through digital services. The forum aims to explore how government innovators are creating unified experiences across the enterprise using intelligent platforms for end-to-end digital transformation.

Accenture Exec Shares GenAI Opportunities and Lessons at ServiceNow Knowledge24

On Location at ServiceNow Knowledge24: Accenture Exec Shares GenAI Opportunities and Lessons

Accenture's team, led by Dave Kanter, advises customers and implements the ServiceNow platform. The Accenture Reinvention lounge at ServiceNow Knowledge24 featured the company's latest GenAI accelerators built on ServiceNow, as part of the AI Lighthouse program with ServiceNow and NVIDIA.

ServiceNow is a leading company providing a powerful platform that leverages AI and automation to unify experiences across the enterprise, elevate customer experiences, enhance employee experiences, automate finance and supply chain, build resilience, and transform digital operations.

ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. It operates the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools. The company also provides information technology (IT) service management applications; IT service management product suite for enterprise's employees, customers, and partners; IT business management product suite; IT operations management product that connects a customer's physical and cloud-based IT infrastructure; IT Asset Management to automate IT asset lifecycles; and security operations that connects with internal and third party. In addition, it offers governance, risk, and compliance product to manage risk and resilience; human resources, legal, and workplace service delivery products; safe workplace applications; customer service management product; and field service management applications. Further, it provides App Engine product; IntegrationHub enables application to extend workflows; and professional, industry solutions, and customer support services. It serves government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer products through direct sales team and resale partners. It has a strategic partnership with Celonis to help customers identify and prioritize processes that are suitable for automation. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. The company was founded in 2004 and is headquartered in Santa Clara, California.

COM:SERVICENOW

ServiceNow

Last Close

1,022.10

20/11 21:00

Market Cap

152.35B

Beta: -

Volume Today

836.40K

Avg: -

Analysis Not Available