Last month, after ServiceNow reported second quarter results that exceeded expectations on multiple fronts, shares of NOW rose by 6%. The company is attempting to reposition itself beyond a provider of cloud-based digital workflows to what they are calling “the AI-powered operating system for enterprise transformation.” Yet, the market is cautious as the stock is down nearly 20% YTD and lags other AI software stocks – this analysis looks at the puts and takes weighing on this promising ...
