NYSE:NOWSoftware
ServiceNow (NOW) Stock Still Looks Rich After a 50% Slump
ServiceNow stock has roughly halved over the past year, yet on Simply Wall St’s checks it still screens as expensive rather than a clear bargain. This sets up a valuation debate between the recent share price reset and what the underlying numbers suggest.
Over the past 12 months, ServiceNow has fallen 50.1%, which means investors are looking at a much lower entry price than a year ago but not necessarily a low valuation.
Strong adoption of the ServiceNow AI Platform across U.S. public sector...