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ServiceNow CEO Bill McDermott said that the demand environment for software is durable and consistent, but some deal cycles are taking longer in the current macro environment.
Given the uncertainty in the macro environment, investors will likely pay a premium for balanced growth with profitability, multi-product offerings, and expanding margins.
ServiceNow stock has considerable valuation risk. Learn why investors should stay patient despite strong quarterly results.
Goldman trims ServiceNow target to $1,050 but keeps Buy rating, citing AI growth and attractive entry amid macro risks. ServiceNow drops 22% YTD as tariff volatility and weaker 2025 guidance weigh ...
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