1 week ago
6
Faheem Tahir
Tue, April 28, 2026 astatine 12:18 PM CDT 2 min read
With $4.94 cardinal invested by billionaires, ServiceNow, Inc. (NYSE:NOW) earns a spot among the best dip stocks according to billionaires. While the banal is down implicit 30% arsenic of April 22, 2026, it has upside imaginable of implicit 60%, acknowledgment to astir 90% of covering analysts remaining bullish.
Despite the company’s stronger-than-expected Q1 results, announced connected April 22, 2026, shares fell sharply. The 12% stock plunge came arsenic ServiceNow, Inc. (NYSE:NOW) reported delays successful authorities deals successful the Middle East, which weighed connected subscription gross maturation by astir 75 ground points. However, COO Amit Zavery attempted to reassure investors, saying those deals whitethorn inactive adjacent during the year.
BMO Capital discussed ServiceNow, Inc. (NYSE:NOW) pursuing the net release, saying integrated CRPO guidance was disappointing. The steadfast further added that the results aligned with statement estimates, emphasizing that ServiceNow, Inc. (NYSE:NOW) remains powerfully positioned successful AI with an charismatic valuation. The steadfast maintained its “Outperform” standing connected the banal with a $115 terms target.
After Q1 gross and EPS surpassed analysts’ expectations, absorption raised its 2026 subscription gross guidance to $15.74 cardinal to $15.78 cardinal from its anterior scope of $15.53 cardinal to $15.57 billion.
ServiceNow, Inc. (NYSE:NOW) offers an AI level for concern transformation, boosting productivity and maximizing concern outcomes. Its intelligent platform, Now Platform, provides end-to-end workflow automation for integer businesses. Now Platform functions arsenic a cloud-based solution embedded with AI and ML.
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.
READ NEXT: 33 Stocks That Should Double successful 3 Years and 15 Stocks That Will Make You Rich successful 10 Years.
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