Should You Hold ServiceNow (NOW)?

1 week ago 8

Soumya Eswaran

Tue, November 18, 2025 astatine 7:43 AM CST 3 min read

RiverPark Advisors, an concern advisory steadfast and sponsor of the RiverPark household of communal funds, released its “RiverPark Large Growth Fund” Q3 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. U.S. equity markets recorded beardown gains successful the 3rd quarter, with the S&P 500 Total Return Index rising 8.12% and the Russell 1000 Growth Index returning 10.51%. The money besides surged successful the 4th and returned 4.73%. Market enactment was constrictive successful the quarter, with a fewer mega-cap tech and user companies thriving connected beardown AI innovation. Information Technology, Consumer Discretionary, and Communication Services led assemblage performance, portion Energy and Utilities lagged. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, RiverPark Large Growth Fund highlighted stocks specified arsenic ServiceNow, Inc. (NYSE:NOW). ServiceNow, Inc. (NYSE:NOW) offers intelligent workflow automation solutions for integer businesses. The one-month instrumentality of ServiceNow, Inc. (NYSE:NOW) was -11.23%, and its shares mislaid 18.23% of their worth implicit the past 52 weeks. On November 17, 2025, ServiceNow, Inc. (NYSE:NOW) banal closed astatine $835.79 per share, with a marketplace capitalization of $173.971 billion.

RiverPark Large Growth Fund stated the pursuing regarding ServiceNow, Inc. (NYSE:NOW) successful its 3rd 4th 2025 capitalist letter:

"ServiceNow, Inc. (NYSE:NOW): ServiceNow shares were weaker successful the 4th arsenic investors rotated toward higher beta AI hardware and semiconductor names and retired of much “legacy” bundle names. Results and guardant commentary remained coagulated contempt immoderate accrued macro uncertainty and cautious endeavor IT spending. Guidance was reaffirmed, but valuation compression led to comparative underperformance.

ServiceNow, Inc. (NOW) Is Competing With The Rise Of AI, Says Jim Cramer

ServiceNow, Inc. (NYSE:NOW) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 106 hedge money portfolios held ServiceNow, Inc. (NYSE:NOW) astatine the extremity of the 2nd quarter, the aforesaid arsenic successful the erstwhile quarter. Third 4th subscription revenues of ServiceNow, Inc. (NYSE:NOW) were $3.299 billion, marking a 20.5% year-over-year maturation successful changeless currency. While we admit the imaginable of ServiceNow, Inc. (NYSE: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.