ServiceNow Rebounds on New AI Tools and Telecom Partnership
Fresh product news drew buyers despite a deep year-to-date decline.
Overview
- Shares rose 3.7% Tuesday to $113.44 on roughly 17.5 million shares traded after touching an intraday high of $114.92.
- ServiceNow introduced two AI-driven offerings, Autonomous Workforce and EmployeeWorks, to broaden enterprise workflow automation.
- The company announced a collaboration with NTT DOCOMO and StarHub that uses ServiceNow CRM for autonomous roaming resolution in telecom.
- The stock remains down about 23.2% in 2026 and trades roughly 45.8% below its 52-week high of $208.94.
- Analysts keep a Moderate Buy consensus with a $192.06 average target, though recent price objectives range from about $115 to $216.