Why Piper Sandler sees ServiceNow ( NOW ) as a leading innovator in AI


ServiceNow, Inc. (NYSE:NOW) is one of the 10 AI Stocks Making Waves on Wall Street. On January 29, Piper Sandler analyst Rob Owens restated an overweight rating on the stock with a $200.00 price target. The company has highlighted NOW as a market-leading AI innovator and CRM share gainer.

The rating affirmation follows ServiceNow’s fourth-quarter results, which the company noted was a strong end to fiscal year 25 as it builds momentum with its Now Assist and CRM products. Piper Sandler noted that the initial organic outlook for 2026 was slightly ahead of Street expectations.

Despite this, shares traded lower after-hours, given that organic growth guidance fell short of some investor expectations. However, the firm noted that management still reiterated its organic growth targets.

Why Piper Sandler sees ServiceNow ( NOW ) as a leading innovator in AI
Why Piper Sandler sees ServiceNow ( NOW ) as a leading innovator in AI

Photo by Karolina Grabowska from Pexels

The company continues to highlight ServiceNow as a market-leading AI innovator and gainer in CRM, which is why it has reiterated its buy rating.

“Follow-up with Now Assist: NOW informed.”

ServiceNow, Inc. (NYSE:NOW) offers a platform that integrates workflows, data and AI to coordinate how work flows across large organizations.

While we recognize NOW’s potential as an investment, we believe some AI stocks offer greater upside potential and less downside risk. If you’re looking for an extremely undervalued AI stock that will also benefit significantly from Trump-era tariffs and the onshoring trend, check out our free report on the best short term AI stock.

READ THE FOLLOWING: 30 stocks that should double in 3 years i 11 Hidden AI Stocks to Buy Right Now.

Disclosure: no. This article is originally published in Monkey Insider.



Source link

  • Related Posts

    This security leader is turning growing cyber threats into recurring revenue

    cyber security it’s a growth industry if ever there was one. A decade ago, only your computer or phone was connected to the Internet. Today, everything from the toaster to…

    China’s export-led growth looks increasingly unsustainable as deflation hits the economy

    A flood of Chinese exports around the world has helped the economy pass a slew of tariff hikes by President Donald Trump, while Beijing touts breakthroughs in AI, EVs, robotics…

    Leave a Reply

    Your email address will not be published. Required fields are marked *