NOW is trading 4.7% up at $93.20 following the unveiling of its Otto AI assistant and Action Fabric service, which positions the company as a central control tower for workflow automation.
- ServiceNow set a $32 billion revenue target for 2030 during its Knowledge 2026 conference, signaling significant AI-driven growth momentum.
- The stock is rebounding sharply from yesterday's 3.22% decline, further supported by broader market tailwinds including geopolitical de-escalation and robust technology sector earnings.