ServiceNow (NOW) Stock Falls Amid Market Uptick: What Investors Need to Know

ServiceNow stock declined 2.17% to $135.47 while the broader market gained, underperforming the S&P 500. Despite strong expected earnings growth (EPS up 7.29%, revenue up 20.27% year-over-year), the stock carries a Zacks Rank #4 (Sell) rating due to its premium valuation at a Forward P/E of 34.1 versus the industry average of 13.72.