Why ServiceNow Stock Surged Today
(NYSE: NOW) stock posted gains in Thursday's trading following the company's latest quarterly report. The software specialist's share price gained 4.2% in the session and had been up as much as 9.9% early in the day's trading.
ServiceNow published its second-quarter results after the market closed yesterday, and the numbers came in better than Wall Street had anticipated. The company's report showed continued artificial intelligence (AI) tailwinds, and management raised full-year performance targets for the business.
Image source: Getty Images.
Source Fool.com
ServiceNow Inc. Stock
Currently there is a rather positive sentiment for ServiceNow Inc. with 101 Buy predictions and 5 Sell predictions.
As a result the target price of 968 € shows a positive potential of 23.75% compared to the current price of 782.2 € for ServiceNow Inc..