2 Reasons To Buy ServiceNow Stock

2 Reasons To Buy ServiceNow Stock After Its $2.9 Billion Moveworks Deal
An unexpected boost in ServiceNow’s agentic AI revenues and a weaker dollar tamping FX headwinds
ServiceNow adds AI muscle with record $2.9 billion Moveworks deal
ServiceNow said on Monday it would buy AI firm Moveworks for $2.85 billion in cash and stock, marking the software maker's largest-ever acquisition when enterprises are spending heavily on the technology to enhance their IT operations.
Why ServiceNow Stock Is Soaring Today
Shares of ServiceNow Inc. ( NOW 4.08%) are surging on Tuesday. The company's stock gained 4.5% as of 2:50 p.m. ET and was up as much as 5.6% earlier in the day. The rise comes as the S&P 500 is up 0.2% and the Nasdaq Composite is up 1%.
ServiceNow to acquire agentic AI platform Moveworks in $2.9B deal
ServiceNow will pay $2.85 billion for Moveworks, payable in a combination of cash and stock. The arrangement is expected to close during the second half of 2025 subject to regulatory approval and other conditions. After a 2021 $200 million funding round co-led by Tiger Global and Alkeon Capital, Moveworks was valued at $2.1 billion.
ServiceNow seals USD 2.85 Bn deal to acquire AI Startup Moveworks
ServiceNow acquires AI startup Moveworks for USD 2.85B, enhancing AI automation in IT, HR, and enterprise services. A game-changer in AI-powered business automation, news
Why ServiceNow Stock Jumped Today
Shares of ServiceNow (NYSE: NOW), the automation software and artificial intelligence (AI) company, were up today after the company released the latest version of its software platform. The company's newest software moves further into AI agent capabilities,
eWeek1d
ServiceNow Buys AI Startup Moveworks for $2.85B: What It Means for Markets
ServiceNow expands its AI capabilities with the acquisition of Moveworks, adding 500 employees and enhancing enterprise-wide ...
ServiceNow to buy Moveworks for $2.85B to grow its AI portfolio
ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools.
ServiceNow to Buy AI Startup Moveworks for Nearly $3 Billion
ServiceNow Inc. has agreed to buy artificial intelligence firm Moveworks for $2.85 billion as part of its push into AI tools ...
ServiceNow buys AI agent company Moveworks for $2.85 billion
The deal is all about boosting ServiceNow's 'agentic AI' capabilities ...
ServiceNow’s (NOW) $2.85B Moveworks Deal Sparks Mixed Analyst Reactions
Software company ServiceNow (NOW) announced its largest acquisition to date, agreeing to purchase AI startup Moveworks for $2 ...
CRN1d
ServiceNow CFO: Moveworks Buy 'Extends Our Leadership In Agentic AI’
ServiceNow’s planned acquisition of Moveworks will bring an agentic AI frontend and search capability to the ServiceNow Now ...
Network World1d
ServiceNow to pay $2.85B for Moveworks’ AI tools
The acquisition will bring advanced, agentic AI-powered self-service and enterprise search technologies to customers.
ServiceNow price target lowered to $1,100 from $1,210 at Mizuho
Mizuho lowered the firm’s price target on ServiceNow (NOW) to $1,100 from $1,210 and keeps an Outperform rating on the shares after the company ...