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Why AI Stock ServiceNow Stock Got Mashed on Monday
NOWServiceNow(NOW) The Motley Fool·2024-07-09 05:47

Now a sell, one pundit believes In his note detailing the downgrade, DiFucci wrote that ServiceNow "seems to be expecting an uptick in GenAI business in the second half, but our field work indicates this is not likely until 2025, if ever." ServiceNow is slated to unveil those second-quarter results on Wednesday, July 24. On average, analysts tracking the stock are expecting the company to post revenue of just over $2.6 billion, and per-share earnings of $2.84. ServiceNow (NOW -4.99%) has been a popular stoc ...