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NOW News30 articles
ServiceNow Price Target Raised to $155 by Needham Amid AI Growth
Needham lifts ServiceNow's price target to $155, implying 17% upside. The focus shifts to cRPO growth and margins as AI ACV tops $1 billion.
ServiceNow Rallies 4.5% on AI Contract Milestone, Yet Valuation Stays Steep
ServiceNow (NOW) rose 4.5% after AI contract value topped $1 billion. Q2 subscription revenue grew 24.5%, but the stock's 89x earnings multiple remains a concern.
Salesforce Climbs 1.6% as AI Strength Tests Analyst Targets
Salesforce shares advanced 1.6% to $256 on 2.3x average volume, extending a post-earnings rally. AI revenue momentum and raised guidance test analyst price targets.
ServiceNow Jumps 9% as Salesforce AI Results Boost Software Sector
ServiceNow shares soared 9% after Salesforce's AI-driven results boosted software sector optimism, adding $11.7B to its market value.
UiPath Stock Trades 18% Above Analyst Targets as Maestro Flow Launch Nears Earnings
UiPath shares trade 18% above analyst targets following Maestro Flow launch. Earnings on September 3 will test whether product expansion can offset slowing revenue growth.
UiPath Shares Climb 1.3% as Valuation Outpacing Analyst Targets
UiPath shares rose 1.3% after unveiling Maestro Flow, now trading 19% above Wall Street's average target. Q2 results due Sept 3 will test sales execution.
UiPath Holds Steady at $15.99 as Rally Outpaces Analyst Targets
UiPath (PATH) closed at $15.99, up 43% over 52 weeks, now trading 16% above analyst targets. Heavy volume and strong Q1 results highlight execution risks.
Microsoft Shares Plunge $112B as Software Selloff Challenges AI Spending
Microsoft shares dropped 3.04%, erasing $111.8 billion in market value, as a software selloff tests the sustainability of AI capital spending.
Premarket: AI Memory Stocks Outperform Software by 5.6 Points
Premarket action shows a 5.6-point gap between AI memory hardware and software stocks, with Micron and Sandisk leading gains. Software names like Oracle and ServiceNow lag.
UiPath Stock Soars Past Analyst Targets After Q1 Beat
UiPath shares have surged 25.5% since July 31, trading above analyst targets. Q1 results beat expectations, but Q2 guidance signals a sequential revenue decline.
Workday Slips 4.3% as Takeover Arithmetic Points to $60B Deal
Workday (WDAY) shares dropped 4.3% Friday, trimming gains from a takeover-driven surge. A 20% premium suggests a $59.5 billion buyout, but financing and analyst targets pose challenges.
Workday Stock Holds Gains After Silver Lake Buyout Talks
Workday shares surged 18% after Silver Lake takeover discussions, with a possible $54B deal. Analysts see limited upside at current levels.
UiPath Stock Soars 18% as Shares Outpace Unchanged Earnings Outlook
UiPath (NYSE:PATH) shares jumped 18% last week to $15.05, yet analyst earnings forecasts remain unchanged. Q2 results are due September 3.
UiPath Stock Jumps 8% as Shares Break Past Wall Street's Average Price Target
UiPath shares surged 8% to $14.10, closing above the average analyst target. The move was driven by sector momentum, but Q2 guidance points to a slowdown in ARR growth.
UiPath Rallies 5.7% as AI Optimism Lifts Automation Stocks
UiPath (PATH) rose 5.7% as AI stocks rallied, but its guidance reveals a slower ARR growth pace, raising questions about its second-half targets.
Salesforce Stock Jumps 12% but Organic Growth Concerns Loom
Salesforce shares rose 12.4% last week, but Q2 organic growth is expected to slow to 6-7%. Investors weigh AI gains against core business challenges.
UiPath Stock Rebounds 18% as Buybacks Soften ARR Growth Miss
UiPath (PATH) shares jumped 18% after share buybacks helped cushion a softer ARR outlook. Cash reserves support valuation despite growth concerns.
UiPath Stock Surges 14% Despite Tepid ARR Growth Forecast
UiPath (NYSE:PATH) shares are up 14% despite Q2 guidance pointing to a 38% drop in net-new ARR. The company faces a challenging demand environment amid intense AI competition.
UiPath Stock Slides on Weak ARR Growth Forecast for Q2
UiPath stock dropped 3.3% after the company projected Q2 net new ARR between $28M and $33M, a 38% decline from Q1, signaling decelerating growth.
UiPath Rebound Wipes Out OpenAI Selloff; ARR Guidance Looms
UiPath (PATH) shares surged 12.5% over two sessions, erasing losses from OpenAI's launch of Presence. Q2 guidance points to a sequential drop in net-new ARR.
Salesforce Surges $21 Billion in Value After Landing Major VA Contract
Salesforce shares surged 5.4% to $182.92, boosting market value by $21.4 billion after winning a $1.6 billion VA contract. The deal highlights growing government adoption of its AI and data platforms.
ServiceNow Stock Jumps 6.9% on Q2 Beat, but Tepid Q3 Outlook Caps Rally
ServiceNow shares surged 6.9% on a $57M Q2 subscription revenue beat, but Q3 guidance fell short, limiting the rally. AI revenue surpassed $1B ACV.
Palantir Surges 7% on Bullish Revenue Forecast, But Valuation Looms Large
Palantir shares rallied 7% on Monday after Oppenheimer projected second-quarter revenue growth of 84-85%, but the stock's sky-high valuation remains a key risk.
UiPath Shares Recover as Buyback Price Becomes Key Focus
UiPath shares recover 1.7% in premarket after a 10.8% weekly drop, with the stock now trading below the company's recent buyback price.
UiPath Shares Rebound but Full-Year ARR Target Looms Large
UiPath (NYSE:PATH) shares recovered 4.9% on Friday, but the company's annual recurring revenue outlook suggests a steep climb ahead, with $129 million in net new ARR needed after Q2.
ServiceNow Shares Slide 3.7% on Weaker H2 Forecast
ServiceNow shares dropped 3.7% after its 2026 forecast suggested softer H2 performance, with subscription revenue $44.5 million below earlier projections.
IBM's Free Cash Flow Yield Rises to 8% After Revenue Guidance Cut
IBM's free cash flow yield expands to 8.1% after slashing revenue guidance, though cash forecast holds. Shares drop 29% in two weeks.
UiPath Shares Tumble 11% on AI Spending Slowdown Fears
UiPath shares dropped 11.1% on Wednesday after an industry warning raised concerns about AI-driven purchasing delays, with the company's Q2 ARR outlook signaling a 38% sequential slowdown.
IBM Trims 2026 Revenue Forecast, Puts Pressure on H2 Cash Flow
IBM cut its 2026 revenue growth forecast to 4%-5% and held its cash flow target, raising the bar for H2. Q2 revenue of $17.16B fell short of analyst expectations.
AI Hardware Stocks Surge as Software Slumps, Widening Sector Divide
US equities declined as AI hardware stocks surged on margin improvements, while software shares slumped, creating a 21-point performance gap.