New insider activity at ServiceNow ( (NOW) ) has taken place on February 12, 2025.
Director Jeffrey A Miller has completed a significant transaction involving the sale of 2,282 shares of ServiceNow stock, amounting to a total value of $2,351,920.
Recent Updates on NOW stock
In the last 24 hours, ServiceNow’s stock experienced a notable decline of 10.1%, influenced by recent financial disclosures and strategic developments. The company reported robust financial health in its Q4 earnings call, with significant growth in AI innovation, strategic partnerships, and customer engagement. Despite these positive developments, analysts have adjusted their price targets for ServiceNow, reflecting mixed sentiments about future prospects. Factors such as global economic and geopolitical risks, including inflation and interest rates, have been cited as potential challenges for the company. While some analysts see sustained strength in ServiceNow’s business model, their outlook for 2025 remains conservative amidst these external pressures. ServiceNow’s strategic focus remains on AI and data solutions, with a forward-looking strategy aimed at achieving substantial revenue growth by 2026.
More about ServiceNow
YTD Price Performance: -3.09%
Average Trading Volume: 1,415,160
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $207.7B