A market sell-off in software stocks led to ServiceNow and Workiva shares trading at substantial discounts. Both businesses experienced stock price plunges of about 30% in 2026.

After weeks of industry checks, Ives says the message from CIOs is clear: AI adoption is moving fast from experimentation to deployment. Enterprises are actively identifying use cases, with 2026 shaping up as a major rollout year.

AI concerns have shaved more than 50% off ServiceNow's stock price. ServiceNow has some insulation from AI, but also some genuine weak spots.

ServiceNow (NYSE:NOW | NOW Price Prediction) stock is drawing fresh analyst scrutiny in early April, with BTIG analyst Allan Verkhovski cutting his price target to $185 from $200 while keeping a Buy rating on the shares.

Founded by longtime ServiceNow leaders from Thirdera, the firm launches with acquisitions and a strategic partnership, and will initially focus on AI-driven transformation for the Property & Casualty insurance industry. Founded by longtime ServiceNow leaders from Thirdera, the firm launches with acquisitions and a strategic partnership, and will initially focus on AI-driven transformation for the Property & Casualty insurance industry.

Brown Shipley& Co Ltd grew its stake in shares of ServiceNow, Inc. (NYSE: NOW) by 388.0% in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 40,214 shares of the information technology services provider's stock after buying an additional 31,973 shares during the period.

Fulton Breakefield Broenniman LLC increased its stake in ServiceNow, Inc. (NYSE: NOW) by 221.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,770 shares of the information technology services provider's stock after acquiring an additional 26,724 shares during

ServiceNow is positioned as a digital workflow automation platform with a robust data and workflow moat, acting as enterprise AI's 'system of record.' NOW's AI-related revenues are accelerating, with Now Assist surpassing $600M ACV in 2025 and a $1B target for 2026, supporting high-teens revenue growth projections. Shares currently trade at a significant discount to historical multiples, offering a rare entry point with potential for 20–30% in potential annualized returns through 2030.

Forbes J M and Co. LLP grew its position in ServiceNow, Inc. (NYSE: NOW) by 400.4% in the undefined quarter, according to its most recent filing with the SEC. The firm owned 54,739 shares of the information technology services provider's stock after buying an additional 43,799 shares during the period. Forbes J M

Impact Investors Inc lifted its stake in ServiceNow, Inc. (NYSE: NOW) by 369.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,053 shares of the information technology services provider's stock after acquiring an additional 5,550 shares during the quarter. Impact Investors Inc's