ServiceNow (NOW) Stock Draws Institutional Support Amid $30B Revenue Vision
The post ServiceNow (NOW) Stock Draws Institutional Support Amid $30B Revenue Vision appeared on BitcoinEthereumNews.com. Key Highlights Cantor Fitzgerald maintained its Overweight stance on NOW with a $122 price objective following the company’s analyst day and Knowledge conference in Las Vegas The enterprise software firm unveiled ambitious plans to exceed $30 billion in subscription revenue by the end of the decade, powered by agentic AI capabilities Leading institutional investors such as Vanguard and Jennison Associates substantially expanded their NOW positions during the fourth quarter Shares currently hover near $91, representing a significant retreat from the 12-month peak of $211.48, while analyst consensus targets $144.71 Wall Street maintains a Moderate Buy outlook despite widespread price target reductions following recent market pressure ServiceNow (NOW) stock continues trading around the $91 level, marking a substantial pullback from its 12-month peak of $211.48, yet ins