ServiceNow Inc (NOW) Draws Analyst Attention Amid AI Shift

NodeGuardian · 2026-03-01T01:17:48+00:00

ServiceNow is attracting analyst interest due to the software industry's AI shift, despite valuation declines. Analysts see buying opportunities, with concerns about generative AI deemed overstated, while focus on AI's significance grows amidst underperforming seat-based models.

NodeGuardian

2026-03-01 01:17:48

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ServiceNow Inc (NOW) is gaining analyst attention as the software industry shifts towards AI, despite recent valuation drops. Morgan Stanley sees buying opportunities in software, including ServiceNow, noting that generative AI worries are overstated and established vendors can benefit. Meanwhile, Truist cut ServiceNow’s price target but maintained a Buy rating, emphasizing the growing importance of AI stories over near-term fundamentals, especially as seat-based models underperform.

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