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Home.forex news reportWhy Piper Sandler Sees ServiceNow (NOW) as a Market-Leading AI Innovator

Why Piper Sandler Sees ServiceNow (NOW) as a Market-Leading AI Innovator

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​ServiceNow, Inc. (NYSE:NOW) is one of the 10 AI Stocks Making Waves on Wall StreetOn January 29, Piper Sandler analyst Rob Owens reiterated an Overweight rating on the stock with a $200.00 price target. The firm has highlighted NOW as a market-leading AI innovator and CRM share gainer.

The rating affirmation follows ServiceNow’s fourth quarter results, which the firm noted was a strong close to FY25 as it builds further momentum with its Now Assist and CRM products. Piper Sandler noted the initial 2026 organic outlook came in slightly ahead of street expectations.

Despite this, shares traded lower after-hours considering organic growth guidance fell short of some investor expectations. Nevertheless, the firm noted that management still reiterated its organic growth targets.

Why Piper Sandler Sees ServiceNow (NOW) as a Market-Leading AI Innovator
Why Piper Sandler Sees ServiceNow (NOW) as a Market-Leading AI Innovator

Photo by Karolina Grabowska on Pexels

The firm continues to highlight ServiceNow as a market-leading AI innovator and share gainer in CRM, which is why it has reiterated its Buy rating.

“Tracking Ahead on Now Assist – NOW reported.”

ServiceNow, Inc. (NYSE:NOW) provides a platform that integrates workflows, data, and AI to coordinate how work flows across large organizations.

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.



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