Solid Earnings From IBM and ServiceNow Fail to Quell Artificial Intelligence Concerns, Sending Software Stocks Lower. Here's What Investors Need to Know

Both IBM and ServiceNow recently reported earnings results ahead of consensus Wall Street estimates. Yet, their stocks are getting crushed.
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ServiceNow Just Plunged 18% on Earnings. Is This a Once-in-a-Cycle Buying Opportunity?

Shares of ServiceNow (NYSE:NOW | NOW Price Prediction) plunged roughly 18% on Thursday after the enterprise software giant’s Q1 2026 earnings sparked a flurry of price target cuts across Wall Street.

ServiceNow CEO dismisses AI software threats as 'parlor tricks' as he raises forecasts

ServiceNow raised outlook as CEO Bill McDermott dismisses AI disruption fears, calling rival offerings "parlor tricks."

ServiceNow: Strong Q1, But 52-Week Lows After Hours Offer A Good Entry Point

Q1 beat, raised 2026 subscription outlook, and AI revenue surged. Read here for a detailed investment analysis.

ServiceNow Leads Software Stocks Lower After Warning The Iran War Is Holding Back Growth

Software stocks plunged Thursday, with ServiceNow shares leading the slump after the company said the Iran war is weighing on its business.

ServiceNow stock sinks 14% as subscription revenue takes hit from Iran war

The software company beat expectations for earnings and revenue as it continued to expand its artificial intelligence offerings.

Investors continue to punish ServiceNow despite strong earnings and CEO McDermott’s forecast of blistering growth in AI product sales

ServiceNow CEO Bill McDermott tells Fortune that customers are buying what he’s selling—and he’s got the numbers to prove it—even as Wall Street remains unconvinced.

ServiceNow (NOW) Q3 2024 Earnings Transcript

Thank you very much, Darren. With our Q3 results, we have demonstrated once again ServiceNow's strong execution. Subscription revenue growth was 22.5% at constant currency, 200 basis points above the high end of our guidance.