NOWServiceNow
NOW · 15m · LEGENDOHLC
NOW
ServiceNow
Market cap$113B
Today’s move
Updated - ago
ServiceNow (NOW) shares fell 5.92% to $102.50 as the stock experienced an extended downward correction following its late-October Q3 earnings report.1 Lingering market pressure was driven by weaker-than-expected guidance for fourth-quarter current remaining performance obligations (cRPO) and a minor EPS consensus miss,1 contributing to ongoing valuation compression across the software sector.2
About
ServiceNow, Inc. is an American software company headquartered in Santa Clara, California, founded in 2004 by Fred Luddy. The company provides a cloud-based platform that automates digital workflows for enterprises, helping organizations manage IT services, operations, human resources, customer service, and security through a unified system. Its software is widely used by large corporations and governments to streamline business processes, reduce manual work, and improve efficiency across departments. ServiceNow’s platform has expanded to incorporate artificial intelligence and machine learning capabilities that automate routine tasks and surface insights from enterprise data. As one of the largest enterprise software providers, the company has become a central player in the digital transformation of corporate operations, with a recurring, subscription-based business serving thousands of organizations worldwide.