ServiceNow Inc (NYSE:NOW) is one of the best NYSE stocks to buy for the long term. On February 11, ServiceNow, Inc. (NYSE:NOW) announced the appointment of Danielle Fontaine as chief accounting officer and corporate controller, effective February 17. The update was shared in a press release following a filing with the Securities and Exchange Commission.
Earlier, on February 9, Morgan Stanley said the sharp drop in software valuations has created buying opportunities, arguing that worries about generative AI disruption are overdone. Analyst Keith Weiss noted software multiples have fallen about 33% since October 2025, with investors underestimating how established vendors can benefit from AI.
The firm highlighted Microsoft, Intuit, Salesforce, ServiceNow, Atlassian, Snowflake, Cloudflare, Shopify, and Palo Alto Networks as attractive picks, citing strong product cycles, better financials, and cheaper valuations.
Separately, on February 5, Truist cut its price target on ServiceNow to $175 from $240 but kept a Buy rating. The firm said the recent pullback in infrastructure software stocks is mostly about long‑term value concerns, not near‑term fundamentals, making AI stories more important.
Truist noted that companies relying on seat‑based models performed the worst in 2025 and continue to lag in early 2026. The analysts see growing traction for AI use cases and believe shifting away from seat‑based deployments is becoming a key strategy for these vendors.
ServiceNow Inc (NYSE:NOW) stock is trading near its 52-week low. This is despite the company posting stellar Q4 2025 earnings on January 28. Revenue rose 20.5% YoY to $3.57 billion, powered by a strong subscription business. On the back of the strong earnings, ServiceNow announced a $5 billion boost to its share repurchase program.
ServiceNow Inc (NYSE:NOW) is an American software company that provides a cloud-based and AI-driven platform for automating and improving business workflows. Its solutions help businesses increase productivity and maximize outcomes. Its primary operating areas are CRM and Industry, Technology, Core Business, and Creator.
While we acknowledge the potential of NOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.