Why ServiceNow Stock Dove by Almost 3% on Wednesday [Yahoo! Finance]

ServiceNow, Inc. (NOW)
Last servicenow, inc. earnings: 4/29 04:10 pm
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US:NYSE Investor Relations:
servicenow.com/company/investor-relations.html
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Source: Yahoo! Finance
That was on the back of an analyst's price target cut, even though said pundit remained generally optimistic about the company's prospects. Regardless, the market's reaction was expressed in a sell-off that pushed the stock's price down by 2.6%, a steeper fall than the S&P 500 's (SNPINDEX: ^GSPC) 1.1% slide. Baird prognosticator Rob Oliver was the individual behind the move. Before the market open, he adjusted his ServiceNow price target downward, to $1,010 per share from his preceding $1,200. That was the bad news for the company and its investors. The good news was that Oliver maintained his outperform (read: buy) recommendation on the stock. The continued bullishness wasn't exactly comforting to investors, as a $190 per-share price tar
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News
- 2 Top AI Stocks Down 28% or More to Buy and Hold for 10 Years [Yahoo! Finance]Yahoo! Finance
- ServiceNow to acquire Logik.ai, terms undisclosed [Yahoo! Finance]Yahoo! Finance
- ServiceNow, Inc. (NYSE: NOW) had its price target lowered by analysts at BMO Capital Markets from $1,185.00 to $990.00. They now have an "outperform" rating on the stock.MarketBeat
- 3 Top Tech Stocks on Sale [Yahoo! Finance]Yahoo! Finance
- Language I/O Report Finds that Half of All Organizations Expect AI to Improve Global Customer Communication [Yahoo! Finance]Yahoo! Finance
NOW
Earnings
- 1/29/25 - Beat
NOW
Sec Filings
- 4/4/25 - Form ARS
- 4/4/25 - Form DEFA14A
- 4/4/25 - Form DEF
- NOW's page on the SEC website