Servicenow Seen Differentiating Itself from Legacy Software Peers
Dow Jones
Jul 24
1346 ET - ServiceNow's 2Q print builds confidence in the company's ability to differentiate itself from legacy software peers seen at risk of artificial-intelligence displacement, Stifel analysts say in a note. "Net/net, after two pedestrian quarters, NOW appears positioned to distance itself from the incumbent application pack, although it likely takes few more strong quarters to drive a meaningful re-rate," the analysts say. ServiceNow reported AI demand ahead of Stifel's expectations, as well as a beat on subscription revenue growth. ServiceNow slips 1.8%. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
July 23, 2026 13:46 ET (17:46 GMT)
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