ServiceNow Inc (NYSE:NOW) continues to attract attention as one of the best NYSE stocks to buy for the long term. The company recently appointed Danielle Fontaine as chief accounting officer and corporate controller, a move that was announced on February 11. This update was shared in a press release following a filing with the Securities and Exchange Commission.
Analysts have been closely monitoring ServiceNow Inc (NOW) amid a shift towards artificial intelligence (AI). On February 9, Morgan Stanley highlighted that the recent drop in software valuations has created buying opportunities. Analyst Keith Weiss noted that software multiples have fallen approximately 33% since October 2025, with investors potentially underestimating the benefits that established vendors like ServiceNow can derive from AI technologies.
In a separate report, Truist reduced its price target on ServiceNow to $175 from $240 but maintained a Buy rating. The firm emphasized that the recent pullback in infrastructure software stocks is more about long-term value concerns rather than immediate fundamentals. Truist also pointed out that companies reliant on seat-based models have struggled and are now shifting towards AI use cases.
Despite trading near its 52-week low, ServiceNow Inc (NYSE:NOW) posted strong Q4 2025 earnings on January 28. The company reported a 20.5% year-over-year increase in revenue to $3.57 billion, driven by a robust subscription business. Following the positive earnings results, ServiceNow announced a $5 billion enhancement to its share repurchase program.
ServiceNow Inc (NYSE:NOW) is a leading American software company offering cloud-based and AI-driven solutions for automating and enhancing business workflows. The company’s primary operating areas include CRM, Technology, Core Business, and Creator, aiming to help businesses improve productivity and achieve better outcomes.
While ServiceNow presents itself as a promising investment opportunity, some AI stocks may offer greater upside potential with lower downside risk. For investors seeking undervalued AI stocks with significant growth opportunities, exploring alternative options could be beneficial.
For more investment insights, readers are encouraged to explore additional articles on Insider Monkey, including recommendations for the best medical technology stocks and foreign stocks to consider. Please note that the views expressed in this article are for informational purposes only and do not constitute financial advice.
