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ServiceNow Stock Pullback Presents Buying Opportunity Despite Strong Fundamentals
ServiceNow Stock Pullback Presents Buying Opportunity Despite Strong Fundamentals
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BTCCSquare news:
ServiceNow (NOW -0.28%), a leader in cloud-based digital workflow solutions, reached an all-time high of $1,170.39 on January 28, 2025—marking a staggering 6,402% appreciation from its 2012 IPO price. The stock has since retreated 22% to $907, creating a potential entry point for investors.
The company continues to outperform analyst expectations, raising guidance and securing AI-driven deals through its Now Assist platform. Its recession-resistant business model, which helps enterprises optimize costs through workflow automation, fuels consistent double-digit growth in revenue, cRPO, and adjusted EPS.
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