Analysts Are Bullish on ServiceNow (NOW) – Here’s Why

ServiceNow, Inc. (NYSE:NOW) is 1 of the champion beardown bargain maturation stocks to bargain according to hedge funds. On January 14, Evercore ISI reiterated a Buy standing connected ServiceNow, Inc. (NYSE:NOW) with a terms people of $225. The aforesaid day, Oppenheimer besides maintained a bullish outlook connected the stock, maintaining a Buy standing with a $200 terms target.

In different development, Citi maintained a Buy standing connected ServiceNow, Inc. (NYSE:NOW) connected January 12 and acceptable a terms people of $250.60. The steadfast expects a coagulated upcoming quarter, supported by factors specified arsenic aboriginal indications of a beardown quarter-end, healthier income pipelines going into 2026, and signs of incremental fund releases. It anticipates the rising contributions from AI-related offerings and consumption-based gross adjacent year, on with a coagulated fiscal Q4 finish, to propel a important turning constituent for ServiceNow, Inc. (NYSE:NOW).

Citi further stated that the marketplace is pricing the shares astatine unusually debased valuation levels astatine present, particularly erstwhile compared to erstwhile rhythm troughs, and this fails to supply a implicit representation of the company’s cardinal trajectory.

ServiceNow, Inc. (NYSE:NOW) offers an AI level for concern transformation, boosting productivity and maximizing concern outcomes. Its intelligent platform, Now Platform, provides end-to-end workflow automation for integer businesses. Now Platform functions arsenic a cloud-based solution embedded with AI and ML.

While we admit the imaginable of NOW arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.