"JPMorgan strategists pushed back on the panic, stating 'the market is pricing in worst-case AI disruption scenarios that are unlikely to materialize over the next three to six months,' specifically naming ServiceNow as a higher-quality, AI-resilient software name worth adding."
"ServiceNow beat EPS estimates by 3.37% and delivered $3.568B in revenue, up 20.7% year over year. CEO Bill McDermott stated, 'there is no AI company in the enterprise better positioned for sustainable profitable revenue growth than ServiceNow.'"
ServiceNow's stock has fallen 36.9% year to date amid fears that AI could disrupt traditional SaaS products. The company’s shares dropped significantly but have shown some recovery. JPMorgan analysts argue that the market is overreacting to AI disruption fears and highlight ServiceNow as a resilient player in the sector. The company reported strong Q4 2025 results, beating EPS estimates and showing significant growth in its generative AI suite, Now Assist, which is expected to drive future revenue growth.
Read at 24/7 Wall St.
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