ServiceNow, Inc. (NOW) Stock News

Snowflake (SNOW) has gained 12.1% over the past month and received a Zacks Rank #2 (Buy) rating based on strong earnings estimate revisions. The company is expected to report 71.4% year-over-year earnings growth for the current quarter and 76.8% for the fiscal year, with consistent revenue growth of 34.5% and 27.6% projected. However, the stock is trading at a premium valuation (F grade) compared to peers, which investors should consider before investing.

The Rosen Law Firm reminds investors in DNOW Inc. (NYSE: DNOW) of the October 2, 2026 deadline to join a securities class action lawsuit. The lawsuit alleges that defendants made false statements regarding the merger with MRC Global Inc., specifically failing to disclose material issues with MRC Global's new ERP system that caused investor losses when the truth was revealed.

A class action lawsuit has been filed against DNOW Inc. and certain officers, alleging violations of federal securities laws. The complaint claims defendants made materially false statements regarding DNOW's merger with MRC Global Inc., specifically understating challenges related to MRC Global's enterprise resource planning system issues. Investors who held DNOW shares as of August 5, 2025 may be eligible to join the case, with a lead plaintiff deadline of October 2, 2026.

Rosen Law Firm has filed securities class action lawsuits against DNOW Inc., Doximity Inc., and XTI Aerospace Inc., alleging false and misleading statements. The firm is seeking lead plaintiffs with an October 2, 2026 deadline for DNOW. Investors who held shares during specified periods may be eligible for compensation.

A securities class action lawsuit has been filed against DNOW Inc. alleging that proxy materials for its acquisition of MRC Global Inc. misrepresented and omitted disclosure of material enterprise software integration failures. Management allegedly assured investors of a 'state-of-the-art' ERP system before closing the merger on November 5, 2025, but by February 20, 2026, revealed persistent ERP challenges that caused sharp revenue declines and required substantial unexpected capital expenditure. The stock crashed 19% following the disclosure. The lead plaintiff deadline is October 2, 2026.

A class action lawsuit has been filed against DNOW Inc. and certain officers, alleging violations of federal securities laws. The complaint claims defendants made materially false statements regarding DNOW's merger with MRC Global Inc., specifically understating challenges related to MRC Global's enterprise resource planning system issues. Investors who held DNOW shares as of August 5, 2025 may be eligible to join the case, with a lead plaintiff deadline of October 2, 2026.

Snowflake (SNOW) has an average brokerage recommendation of 1.37 (Strong Buy/Buy) from 46 firms, with 80.4% Strong Buy ratings. However, the article cautions that brokerage recommendations often carry positive bias due to vested interests. The Zacks Rank #2 (Buy) rating for Snowflake is considered more reliable, supported by a 13.5% increase in consensus earnings estimates over the past month to $2.19, suggesting legitimate near-term upside potential.

A securities class action lawsuit has been filed against DNOW Inc. alleging that proxy materials for its acquisition of MRC Global Inc. misrepresented and omitted disclosure of material enterprise software integration failures. Management allegedly assured investors of a 'state-of-the-art' ERP system before closing, but later revealed persistent software challenges caused significant revenue declines and operational slowdowns. DNOW stock crashed 19% following the February 2026 disclosure. The lead plaintiff deadline is October 2, 2026.

Rosen Law Firm reminds investors in DNOW Inc., PROCEPT BioRobotics Corporation, and Doximity Inc. of upcoming deadlines to join securities class action lawsuits. DNOW faces allegations of false statements regarding merger challenges with MRC Global, while similar class actions have been filed against the other companies. Investors must act by specified deadlines to potentially recover damages.

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.

Snowflake Inc. (SNOW) is positioned as a solid investment choice due to remarkably improving earnings outlook and strong analyst consensus on raising earnings estimates. The company is expected to earn $0.60 per share for the current quarter (+71.4% YoY) and $2.19 for the full year (+75.2% YoY). With 11 out of 12 recent estimate revisions moving higher, Snowflake carries a Zacks Rank #2 (Buy) rating, suggesting potential for further upside.

Hagens Berman is investigating a securities class action against DNOW Inc. alleging that proxy materials omitted material information about MRC Global's ERP system failures ahead of their merger. Management had reassured investors the system was 'state-of-the-art' in November 2025, but by February 2026, DNOW revealed persistent ERP challenges caused revenue declines and operational slowdowns. The stock crashed 19% following the disclosure. The lead plaintiff deadline is October 2, 2026.

ServiceNow (NOW) closed at $132.53, up 1.04%, outperforming the S&P 500. The stock has gained 3.08% over the past month. However, analysts expect earnings of $1.03 per share with 7.29% YoY growth and quarterly revenue of $4.1 billion (+20.27% YoY). Despite positive revenue growth projections, ServiceNow carries a Zacks Rank of #4 (Sell) with a Forward P/E of 32.3, significantly above the industry average of 13.32, indicating an expensive valuation.

Wall Street analysts show strong bullish sentiment on Snowflake with an average brokerage recommendation of 1.37 (Strong Buy), with 80.4% Strong Buy ratings from 46 firms. However, the article cautions that brokerage recommendations often carry positive bias due to vested interests. Snowflake received a Zacks Rank #2 (Buy) rating based on earnings estimate revisions that increased 2.1% over the past month to $2.01, suggesting legitimate near-term upside potential.

A class action lawsuit has been filed against DNOW Inc. and certain officers, alleging violations of federal securities laws. The complaint claims defendants made materially false statements regarding challenges in DNOW's merger with MRC Global Inc., specifically related to issues with MRC Global's enterprise resource planning system. Investors who held DNOW shares as of August 5, 2025 may be eligible to join the case, with a lead plaintiff deadline of October 2, 2026.

Snowflake shares surged 16% after beating Q2 expectations with $0.62 adjusted EPS (vs. $0.45 expected) and $1.54B revenue (vs. $1.47B expected). The company raised full-year product revenue guidance to $6.07B with 36% growth, driven by accelerating AI adoption. However, the stock trades at a premium valuation of 15X forward sales and 150X forward P/E, significantly above industry averages.

Snowflake reported Q2 2026 earnings of $0.62 per share, beating consensus estimates by 37.78%, with revenues of $1.55 billion exceeding expectations by 4.91%. The company has outperformed the market by 45.8% year-to-date. However, the stock received a Zacks Rank #3 (Hold) rating due to mixed estimate revisions, suggesting near-term performance in line with the market. DocuSign is expected to report results on September 3.

ServiceNow announced a collaboration with Aramco Digital to deploy its AI Platform across 50+ countries, with AI annual contract value exceeding $1 billion in Q2 2026. However, the company faces intensifying competition from Salesforce's Agentforce and Microsoft's enterprise AI ecosystem, while its stock trades at a premium valuation with a Zacks Rank #3 (Hold) rating.

A class action lawsuit has been filed against DNOW Inc. and certain officers, alleging violations of federal securities laws. The complaint claims defendants made materially false statements regarding challenges in DNOW's merger with MRC Global Inc., specifically related to issues with MRC Global's enterprise resource planning system that were not properly disclosed to investors.

In a comparison of two IT services stocks, Fujitsu Ltd. (FJTSY) emerges as the better value investment option compared to ServiceNow (NOW). Fujitsu holds a Zacks Rank of #2 (Buy) versus ServiceNow's #4 (Sell), and demonstrates more attractive valuation metrics including a lower forward P/E ratio (21.13 vs 36.33), better PEG ratio (1.12 vs 1.43), and lower P/B ratio (3.25 vs 12.23). Fujitsu also received a Value grade of B compared to ServiceNow's D grade.

Rosen Law Firm is reminding investors in DNOW Inc., EquipmentShare.com Inc., and Gildan Activewear Inc. of important class action deadlines. The firm has filed securities class actions against these companies, with DNOW's lead plaintiff deadline set for October 2, 2026. The lawsuits allege false and misleading statements regarding business operations and merger-related challenges.

A class action lawsuit has been filed against DNOW Inc. and certain officers, alleging violations of federal securities laws. The complaint claims defendants made materially false statements regarding challenges in DNOW's merger with MRC Global Inc., specifically related to issues with MRC Global's enterprise resource planning system that were not properly disclosed to investors.

While Wall Street analysts show strong bullish sentiment on ServiceNow with an average brokerage recommendation of 1.35 (Strong Buy), the article cautions that brokerage recommendations often have a positive bias and may not reliably predict stock performance. The Zacks Rank system, which relies on earnings estimate revisions, rates ServiceNow as a Hold (Rank #3) with unchanged consensus earnings estimates, suggesting the stock may perform in line with the broader market in the near term.

Snowflake is expected to report Q2 earnings of $0.45 per share (up 28.6% YoY) with revenues of $1.47 billion (up 28.8% YoY). Analysts project strong growth across key metrics including product revenue of $1.42 billion (+30% YoY), remaining performance obligations of $9.48 billion, and an increase in high-value customers. SNOW has outperformed the S&P 500 with +10.4% returns over the past month and holds a Zacks Rank #2 (Buy) rating.

ServiceNow's AI annual contract value surpassed $1 billion in Q2 2026 with net new AI ACV growing over 40% sequentially, driven by rapid agentic AI adoption and new AI-native pricing models. However, the company faces intensifying competition from Microsoft and Salesforce, which are aggressively expanding their own AI agent offerings and monetization strategies.

A class action lawsuit has been filed against DNOW Inc. and certain officers, alleging violations of federal securities laws. The complaint claims defendants made materially false statements regarding challenges in DNOW's merger with MRC Global Inc., specifically related to issues with MRC Global's enterprise resource planning system that were not properly disclosed to investors.

Schall, Brown & Schwartz LLP announced a class action lawsuit against DNOW Inc. for alleged violations of securities laws. The firm claims DNOW made false and misleading statements regarding challenges in its merger with MRC Global Inc., specifically problems implementing a new enterprise resources planning system. Shareholders who purchased shares during the class period are encouraged to participate, with an October 2, 2026 deadline.

Rosen Law Firm has filed a class action lawsuit against DNOW Inc. on behalf of shareholders, alleging that defendants made false and misleading statements regarding the challenges of DNOW's merger with MRC Global Inc., specifically related to material issues with MRC Global's enterprise resource planning system. Investors who held DNOW common stock as of August 5, 2025 may be eligible for compensation. The deadline to serve as lead plaintiff is October 2, 2026.

Rosen Law Firm has filed a class action lawsuit against DNOW Inc. on behalf of shareholders who held common stock as of August 5, 2025. The lawsuit alleges that defendants made false and misleading statements regarding DNOW's merger with MRC Global Inc., specifically negligently understating challenges related to MRC Global's enterprise resource planning system issues. Investors who held DNOW stock may be entitled to compensation. The deadline to serve as lead plaintiff is October 2, 2026.

The Rosen Law Firm is investigating potential securities claims against DNOW Inc. after the company reported disappointing fourth-quarter 2025 financial results that missed Wall Street expectations, causing the stock to plummet 19.1% on February 20, 2026. Investors who suffered losses are encouraged to join a prospective class action lawsuit.