ServiceNow, Inc. (NYSE:NOW) is one of The Most Promising Future Stocks to Buy Now. On February 5, Truist revised its price target on ServiceNow, Inc. (NYSE:NOW) to $175 from $240 and maintained a Buy rating on the stock, releasing the rating update as part of a broader research note on infrastructure software names. He told investors that the sector’s pullback is mainly due to concerns associated with terminal value rather than short-term fundamentals, and this makes AI narratives very critical.
It added that providers with predominantly seat-based models performed the worst in the company’s coverage in 2025, and have continued to underperform the group until the beginning of the new year. Therefore, Truist “sees traction” for AI use cases, along with a business shift away from job-based implementations as strategic imperatives for these companies.
In another development, Goldman Sachs added ServiceNow, Inc. (NYSE:NOW) to its US conviction list on February 2, maintaining a Buy rating on the stock with a $216 price target. The update came as part of the company’s monthly update, stating that ServiceNow, Inc. (NYSE:NOW) has the potential to sustain 20% annual organic growth through 2029, given its “still strong” expansion opportunities in new domains.
ServiceNow, Inc. (NYSE:NOW) offers an artificial intelligence platform for business transformation, driving productivity and maximizing business results. Its intelligent platform, Now Platform, provides end-to-end workflow automation for digital businesses. Now Platform works as a cloud-based solution integrated with AI and ML.
While we recognize NOW’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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Disclosure: None. This article was originally published in Internal jumpsuit.