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What's Going On With ServiceNow Stock Thursday?
Benzinga·
ServiceNow stock fell 3.16% to $102.71 on Thursday, underperforming a broader market rally despite the Nasdaq gaining 2.48%. The decline appears driven by profit-taking after a recent recovery and concerns about the stock's longer-term technical outlook, with a bearish 'death cross' pattern still in place. However, the company announced an expanded AI partnership with IBM to help enterprises modernize systems and deploy AI at scale, with offerings expected in H2 2026. Wall Street maintains a Buy consensus with an average price target of $139.
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