Latest ServiceNow Inc News and Updates
ServiceNow CEO Bill McDermott: This Downturn Is “Not a Crisis”
What’s Oracle’s Value Proposition in the US Software Space?
As of December 26, 2017, Microsoft (MSFT), with a market cap exceeding $650 billion, continued to be the largest software player. Oracle came in second.
ServiceNow Stock and Why It Fell 4.5% Yesterday
ServiceNow (NOW) stock fell 4.5% on October 4 and closed at $187.44. It’s currently trading 66% above its 52-week low of $112.84.
Where Stanley Druckenmiller Is Bullish
Last week, Duquesne Family Office, managed by Stanley Druckenmiller, filed its Q3 13F with the SEC. We’ll look at the fund’s top holdings, buys, and sells.
Roku Slumps while ServiceNow Gains: Tech’s Latest
Roku stock was down close to 5%, and ServiceNow was up 4% in early market trading today. What’s affecting these high-growth stocks?
Why Salesforce shares fell after earnings despite revenue growth
Shares plunged at the end of February despite Salesforce beating Street estimates with its results for the fiscal fourth quarter ended January 31, 2014.
eBay and ServiceNow: Downgrades and Revised Estimates
eBay (EBAY) shares are trading 7.8% lower in pre-market today. In contrast, ServiceNow (NOW) stock has gained 7% in pre-market trading.
Why Are ServiceNow and iRobot Shares Falling Today?
Stocks of high-growth tech companies ServiceNow (NOW) and iRobot (IRBT) have lost considerable value in pre-market trading today.
TTD, OKTA, NOW, and TWLO Lead Tech Losses Today
High-growth tech firms have lost significant market value in the first half of October. TTD, NOW, OKTA, and TWLO are all trading lower today.
Adobe, Workday, and ServiceNow Fall Due to Downgrades
Adobe (ADBE), Workday (WDAY), and ServiceNow shares have lost significant market value in early-market trading today. Adobe stock has fallen close to 4%.
Five High-Growth Tech Stocks to Buy at Major Dips
High-growth tech stocks can generate exponential returns. However, they have a high beta and can underperform markets by a huge margin in a downturn.
Can Investors Expect a ‘Black Monday’ Tomorrow?
Tech and semiconductor stocks have significant exposure to China during this trade war. Investors should expect these stocks to trade lower on Monday.
Tech Stocks: Are They Attractive after Recent Pullback?
Tech stocks led the sell-off. Investors have been concerned about a slowdown in tech spending after NetApp’s preliminary guidance on August 2.
Was Friday’s Tech Sell-Off Justified?
Last week, Donald Trump threatened 10% tariffs on $300 billion in Chinese imports. The stock market was sent tumbling on August 2, led by a tech sell-off.
Yet Another Analyst Cautions about Tech Slowdown
AB Bernstein analyst Tony Sacconaghi has warned investors to stay away from tech stocks with high valuations.
ServiceNow Stock Slumps on Q2 Earnings
Enterprise software company ServiceNow (NOW) saw its stock fall over 5.0% in after-hours trading today after the company reported its Q2 earnings results.
How Do Analysts View ServiceNow Stock?
Of the 34 analysts tracking ServiceNow (NOW), 30 have recommended “buys,” four have recommended “holds,” and none have recommended “sells” on the stock. Analysts have a 12-month average target price of $287.29 on the stock.
A Look at ServiceNow’s Earnings and Revenue Growth
High-growth technology company ServiceNow (NOW) has seen its shares rise 356.0% in the last five years. It managed to grow its sales from $425 million in fiscal 2013 to $2.61 billion in fiscal 2018, indicating a compound annual growth rate of 44.0%.
Are These High-Growth Tech Stocks Trading at a Discount?
High-growth tech stocks have made a massive comeback this year after a volatile 2018.
These High-Growth Tech Stocks Could Be Undervalued
Let’s look at the high-growth tech stocks discussed in this series and their valuations at their current prices.
What’s ServiceNow’s Valuation?
ServiceNow is slated to achieve GAAP profitability in fiscal 2020, and the company has a forward 2020 PE ratio of 265x.
Here’s What Could Drive ServiceNow’s Revenue Growth
ServiceNow (NOW) aims to be a strategic partner in the digital transformation of global enterprises.
What to Expect from ServiceNow’s Revenue and Earnings Growth
ServiceNow (NOW) is banking on companies’ digital transformation to drive sales.
A Look at ServiceNow’s Valuation, Stock Returns, and More
The stock of enterprise cloud computing solutions company ServiceNow has generated a return of 44% in the last 12 months.
ServiceNow Stock Rose More than 2% in November
In this series, we’ll look at the performances of high-growth tech stocks ServiceNow, Splunk, Pure Storage, Arista Networks, and Square.
Why Infinera Stock Fell 33.4% Yesterday
Infinera stock (INFN) fell 33.4% on November 7 to close at $4.15.
ServiceNow to Acquire FriendlyData: Will It Help?
On October 10, ServiceNow (NOW) announced it will acquire start-up company FriendlyData. It didn’t reveal the financial terms of the deal.
Comparing Workday’s Valuations with Its Peers
In the last year, Workday stock has gained 31.9%. In the last month, its stock has risen 5.4%.
Cadence’s Acquisition Spree to Bolster Product Growth
Cadence Design Systems (CDNS) continues to enhance its product portfolio by way of new acquisitions. In the last five years, the company has completed eight acquisitions.
ServiceNow Reported Strong ACV Growth in 4Q17
In the last four quarters, ServiceNow (NOW) maintained an average addition of 34 ACV accounts each quarter.
How Wall Street Analysts See Oracle Stock
Of the 35 analyst recommendations for Oracle’s stock, only one is a “sell” recommendation. More than 60% of the ratings recommended a “buy.”
What Is Microsoft’s Value Proposition in the US Software Space?
As of January 25, 2017, Microsoft continues to be the largest software player by market capitalization on a global scale.
Columbia Select Large Cap Growth Fund: Sector Composition YTD 2016
The Columbia Select Large Cap Growth Fund (ELGAX) invests at least 80% of its assets in common stocks of US-based and foreign companies with market caps in the range of companies in the Russell 1000 Growth Index.
How ELGAX’s Portfolio Has Changed
Information technology was the single largest sectoral holding of ELGAX, forming 40% of its portfolio, as of April 2016.
What Are the Analysts’ Recommendations for Microsoft?
Of the 38 analyst recommendations on Microsoft’s stock, 60.5% were “buys” as of April 6. Meanwhile, ~29% of recommendations were “holds.” The remaining ~10.5% of recommendations on the stock were “sells.”
Microsoft’s Value Proposition in the US Software Space
As of April 6, 2016, Microsoft was the largest software player by market capitalization on a global scale. It was followed by Oracle (ORCL).
Helpful Facts about the Columbia Select Large Cap Growth Fund
The Columbia Select Large Cap Growth Fund invests at least 80% of its assets in common stocks of US-based and foreign companies with market caps in the range of companies in the Russell 1000 Growth Index.
ServiceNow’s Revenues Crossed $1 Billion in Fiscal 2015
In ServiceNow’s fiscal 3Q15 release, it said that it expects fiscal 4Q15 and 2015 revenues to be in the range of $277–$282 million and $1 billion, respectively.
How ServiceNow’s 3Q15 Results Beat Analyst Expectations
ServiceNow announced its 3Q15 results on October 21 and posted revenues and non-GAAP earnings per share of $261.2 million and $0.15 per share, respectively.