Analyst says ServiceNow (NYSE:NOW) enters Q2 well positioned after prior software weakness, forecasting ~21% subscription growth—helped by ~2.25 ppt from acquisitions—as rising enterprise and improving federal demand ties its platform to AI and cybersecurity spending.
Previous Week Recap
- ServiceNow Positioned For Q2 Growth: Analyst says ServiceNow enters Q2 well positioned after software weakness. Firm forecasts 21.0%–21.5% cc subscription revenue growth, with ~2.25 ppt from acquisitions; federal comps to ease.
- NOW Sees Rising Enterprise, Federal Demand: ServiceNow (NOW) sees rising demand from enterprises and government as its platform links to AI and cybersecurity spending; federal demand is improving after recent DOGE-related and shutdown impacts.
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