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ServiceNow (NOW) Stock Jumps 5% as AI Contracts Hit $1 Billion Milestone

By Trader Edge at 2026-09-14 01:12

Sentiment: Positive

TLDR ServiceNow rose 4.5% on Friday to close at $144.71, on volume of 29 million. Q2 subscription revenue climbed 24.5% to $3.88 billion; total revenue hit $3.99 billion. AI annual contract value crossed $1 billion; management is targeting $1.5 billion by year-end. The stock trades at roughly 89x trailing earnings, well above peers like Salesforce [...] The post ServiceNow (NOW) Stock Jumps 5% as AI Contracts Hit $1 Billion Milestone appeared first on CoinCentral. Continue reading...

Categories: Stocks

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