ServiceNow's stock is having its worst quarter on record. What comes next?

Analysts expect ServiceNow to improve performance later this year as early AI adopters purchase more credits and pandemic-era contracts come up for renewal, creating near-term revenue upside. The dual catalysts—higher AI consumption and contract renewals—should improve visibility into the company’s growth trajectory and could support modest upside to guidance.

Analysis

Analysts expect ServiceNow to improve performance later this year as early AI adopters purchase more credits and pandemic-era contracts come up for renewal, creating near-term revenue upside. The dual catalysts—higher AI consumption and contract renewals—should improve visibility into the company’s growth trajectory and could support modest upside to guidance.