ServiceNow (NOW) Down More Than 10% Since Fiscal Q3 2025 Results

​ServiceNow, Inc. (NYSE:NOW) is 1 of the Best Cloud Stocks to Buy Now. The banal has been down much than 10.7% since the merchandise of its fiscal Q3 2025 results connected October 29. However, Wall Street maintains a affirmative outlook connected the stock.

​On October 31, Saiyi He from CMB International reiterated a Buy standing connected the banal with a $1,180 terms target. A time earlier, Matthew Hedberg from RBC Capital had besides maintained a Buy standing connected ServiceNow, Inc. (NYSE:NOW) with a $1,200 terms target.

​The affirmative outlook is driven by a robust fiscal 3rd 4th and raised full-year guidance. During the 3rd quarter, gross grew 21.85% year-over-year to $3.41 billion, surpassing estimates by $49.93 million. Moreover, the EPS of $4.82 besides came successful up of the expectations by $0.55. The maturation was driven by robust request for AI services and a 30% summation successful US national contracts.

​Management raised its full-year guidance based connected the accrued momentum. Full-year subscription gross is present expected to beryllium successful the scope of $12.835 cardinal – $12.845 billion, up from the erstwhile scope of $12.775 cardinal – $12.795 billion.

​In different news, connected November 18, ServiceNow, Inc. (NYSE:NOW) announced caller upcoming integrations with Microsoft, which volition present enhanced AI orchestration and governance capability. Under the collaboration, the companies volition unite their quality and clouds to link copilots, agents, and information seamlessly crossed Microsoft 365 and the ServiceNow AI Platform.

​​ServiceNow, Inc. (NYSE:NOW) provides a cloud-based AI level that helps businesses automate and digitize workflows crossed assorted departments.

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 astatine Insider Monkey.