ServiceNow, Inc. (NOW) Completes Moveworks Acquisition, Here’s What You Need to Know

ServiceNow, Inc. (NYSE:NOW) is 1 of the Best Quality Stocks to Buy Before 2026. On December 15, ServiceNow, Inc. (NYSE:NOW) announced the completion of the acquisition of Moveworks. ​

Moveworks is an AI adjunct institution specializing successful endeavor hunt and conversational AI. Management noted that the woody combines the company’s backend strengths successful agentic AI and intelligent workflows with Moveworks’ user-friendly frontend for earthy connection interactions, search, and reasoning. As a result, ServiceNow, Inc. (NYSE:NOW) has travel up with a unified level that serves arsenic an “AI-native beforehand door” for employees. ​

Management further added that the acquisition strategically aligns with the company’s extremity to embed AI everyplace successful concern operations. ServiceNow, Inc. (NYSE:NOW) highlighted that they already grip analyzable tasks autonomously by utilizing AI to resoluteness 90% of IT tickets and 89% of enactment requests. Moveworks adds a “Reasoning Engine” for smarter query handling and integrates with 100+ tools, trusted by giants similar Siemens, Toyota, and Unilever.

That said, connected December 19, Stifel lowered its terms people connected the banal from $1,150 to $230 and maintained a Buy rating. The reduced terms people comes aft the institution announced a 5 for 1 banal split. The steadfast noted that the semipermanent prospects and fundamentals of the institution remained unchanged, and the terms people was adjusted to bespeak the fig of outstanding shares. ​

ServiceNow, Inc. (NYSE:NOW) is an American bundle and exertion company. It provides an AI level that helps organizations digitize, automate, and negociate workflows for endeavor operations.

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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