NOW Stock in Focus as ServiceNow Boosts Annual Forecast
ServiceNow stock rallies on market-beating Q2 and raised future guidance. Cantor Fitzgerald sees massive further upside in NOW shares.
Quick take
Read original at Yahoo Finance ServiceNow (NOW) shares initially rose Thursday after the company reported better-than-expected Q2 earnings and increased its full-year forecast, projecting at least $15.755 billion in subscription revenue. The software firm, currently trading 37% below its year-start price, highlighted strong AI adoption and $13.2 billion in remaining performance obligations.
Summarised by netranta from Yahoo Finance. Open the original for the full story.
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