ServiceNow is trading at $115.11, down 23.33%, as investors react to Q4 cRPO growth guidance of 18.5%, below Q3’s 21% constant-currency growth.
- October 28 Q3 revenue beat estimates, but adjusted EPS of $1.00 missed the $1.02 consensus.
- ServiceNow raised its 2026 AI contract-value target to $1.7 billion, but the positive news did not offset the weaker outlook.
- Software-sector weakness added pressure, with IGV down 4.26%.