http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 30 Jul 2026 14:12:36 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Investing/Exclusive%3A+ServiceNow+to+cut+up+to+1K+jobs+as+part+of+planned+rightsizing/26842540.html <p>Investing.com -- ServiceNow (NYSE: NOW) could cut up to 1,000 roles this year as part of a planned rightsizing following a string of acquisitions, people familiar with the matter told Investing.com.</p> <p></p> <p dir="ltr">The reductions are being implemented over several months as the enterprise software company integrates Moveworks, Veza and Armis, with the goal of ending 2026 at roughly the same headcount it began the year with.</p> <p dir="ltr">ServiceNow entered 2026 with approximately 29,000 employees and currently has around 30,000. This suggests cuts will total around 1,000 employees.</p> <p dir="ltr">Reports circulating on social channels of large cuts of between 3,000 and 5,000 have overstated the http://www.streetinsider.com/Investing/Exclusive%3A+ServiceNow+to+cut+up+to+1K+jobs+as+part+of+planned+rightsizing/26842540.html Thu, 30 Jul 2026 14:12:36 -0400 NOW http://www.streetinsider.com/Rumors/Exclusive%3A+ServiceNow+to+cut+up+to+1K+jobs+as+part+of+planned+rightsizing/26842540.html <p>Investing.com -- ServiceNow (NYSE: NOW) could cut up to 1,000 roles this year as part of a planned rightsizing following a string of acquisitions, people familiar with the matter told Investing.com.</p> <p></p> <p dir="ltr">The reductions are being implemented over several months as the enterprise software company integrates Moveworks, Veza and Armis, with the goal of ending 2026 at roughly the same headcount it began the year with.</p> <p dir="ltr">ServiceNow entered 2026 with approximately 29,000 employees and currently has around 30,000. This suggests cuts will total around 1,000 employees.</p> <p dir="ltr">Reports circulating on social channels of large cuts of between 3,000 and 5,000 have overstated the http://www.streetinsider.com/Rumors/Exclusive%3A+ServiceNow+to+cut+up+to+1K+jobs+as+part+of+planned+rightsizing/26842540.html Thu, 30 Jul 2026 14:12:36 -0400 NOW http://www.streetinsider.com/Hot+List/Last+week%27s+results+show+this+software+name+is+an+AI+beneficiary%3A+Analyst/26814857.html <p>Piper Sandler analyst Billy Fitzsimmons has reiterated an Overweight rating on a software name that proved, when it posted Q2 results on Wednesday, that it is indeed a beneficiary of AI, contrary to what some had expected.</p><p>ServiceNow’s (NYSE: NOW) adjusted earnings came in at $0.90 per share, beating analysts’ estimates of $0.86, while revenue rose to $3.99 billion. Subscription revenue increased 24.5% year over year to $3.88 billion, and current remaining performance obligations (cRPO), a key measure of future revenue, climbed 21% to $13.2 billion.</p><p>The American software company’s strong performance underscored accelerating enterprise demand for its AI platform, as it http://www.streetinsider.com/Hot+List/Last+week%27s+results+show+this+software+name+is+an+AI+beneficiary%3A+Analyst/26814857.html Sun, 26 Jul 2026 15:00:00 -0400 NOW http://www.streetinsider.com/Hot+List+Pro/Last+week%27s+results+show+this+software+name+is+an+AI+beneficiary%3A+Analyst/26814857.html <p>Piper Sandler analyst Billy Fitzsimmons has reiterated an Overweight rating on a software name that proved, when it posted Q2 results on Wednesday, that it is indeed a beneficiary of AI, contrary to what some had expected.</p><p>ServiceNow’s (NYSE: NOW) adjusted earnings came in at $0.90 per share, beating analysts’ estimates of $0.86, while revenue rose to $3.99 billion. Subscription revenue increased 24.5% year over year to $3.88 billion, and current remaining performance obligations (cRPO), a key measure of future revenue, climbed 21% to $13.2 billion.</p><p>The American software company’s strong performance underscored accelerating enterprise demand for its AI platform, as it http://www.streetinsider.com/Hot+List+Pro/Last+week%27s+results+show+this+software+name+is+an+AI+beneficiary%3A+Analyst/26814857.html Sun, 26 Jul 2026 15:00:00 -0400 NOW http://www.streetinsider.com/Hot+List/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html <p>CLSA is out with a report titled ‘The Rule of Zero: AI Will Rewrite SaaS,’ in which the firm anticipates a very different environment for Software stocks in the post-AI world from the one we have known so far in which SaaS was “technology’s spoilt child.” Given this outlook, the capital markets group has initiated coverage on two ‘quality’ names with an Outperform rating.</p><p>Prior to the AI-led disruption we are now seeing, the sector has been driven by its own set of rules in which GAAP earnings were “optional”, stock grants were “rampant,” and there was no correlation between free http://www.streetinsider.com/Hot+List/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html Sat, 25 Jul 2026 16:00:00 -0400 ADBE CRM MSFT NOW ORCL WDAY http://www.streetinsider.com/Hot+List/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html <p>CLSA is out with a report titled ‘The Rule of Zero: AI Will Rewrite SaaS,’ in which the firm anticipates a very different environment for Software stocks in the post-AI world from the one we have known so far in which SaaS was “technology’s spoilt child.” Given this outlook, the capital markets group has initiated coverage on two ‘quality’ names with an Outperform rating.</p><p>Prior to the AI-led disruption we are now seeing, the sector has been driven by its own set of rules in which GAAP earnings were “optional”, stock grants were “rampant,” and there was no correlation between free http://www.streetinsider.com/Hot+List/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html Sat, 25 Jul 2026 16:00:00 -0400 ADBE CRM MSFT NOW ORCL WDAY http://www.streetinsider.com/Hot+List/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html <p>CLSA is out with a report titled ‘The Rule of Zero: AI Will Rewrite SaaS,’ in which the firm anticipates a very different environment for Software stocks in the post-AI world from the one we have known so far in which SaaS was “technology’s spoilt child.” Given this outlook, the capital markets group has initiated coverage on two ‘quality’ names with an Outperform rating.</p><p>Prior to the AI-led disruption we are now seeing, the sector has been driven by its own set of rules in which GAAP earnings were “optional”, stock grants were “rampant,” and there was no correlation between free http://www.streetinsider.com/Hot+List/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html Sat, 25 Jul 2026 16:00:00 -0400 ADBE CRM MSFT NOW ORCL WDAY http://www.streetinsider.com/Hot+List/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html <p>CLSA is out with a report titled ‘The Rule of Zero: AI Will Rewrite SaaS,’ in which the firm anticipates a very different environment for Software stocks in the post-AI world from the one we have known so far in which SaaS was “technology’s spoilt child.” Given this outlook, the capital markets group has initiated coverage on two ‘quality’ names with an Outperform rating.</p><p>Prior to the AI-led disruption we are now seeing, the sector has been driven by its own set of rules in which GAAP earnings were “optional”, stock grants were “rampant,” and there was no correlation between free http://www.streetinsider.com/Hot+List/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html Sat, 25 Jul 2026 16:00:00 -0400 ADBE CRM MSFT NOW ORCL WDAY http://www.streetinsider.com/Hot+List/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html <p>CLSA is out with a report titled ‘The Rule of Zero: AI Will Rewrite SaaS,’ in which the firm anticipates a very different environment for Software stocks in the post-AI world from the one we have known so far in which SaaS was “technology’s spoilt child.” Given this outlook, the capital markets group has initiated coverage on two ‘quality’ names with an Outperform rating.</p><p>Prior to the AI-led disruption we are now seeing, the sector has been driven by its own set of rules in which GAAP earnings were “optional”, stock grants were “rampant,” and there was no correlation between free http://www.streetinsider.com/Hot+List/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html Sat, 25 Jul 2026 16:00:00 -0400 ADBE CRM MSFT NOW ORCL WDAY http://www.streetinsider.com/Hot+List/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html <p>CLSA is out with a report titled ‘The Rule of Zero: AI Will Rewrite SaaS,’ in which the firm anticipates a very different environment for Software stocks in the post-AI world from the one we have known so far in which SaaS was “technology’s spoilt child.” Given this outlook, the capital markets group has initiated coverage on two ‘quality’ names with an Outperform rating.</p><p>Prior to the AI-led disruption we are now seeing, the sector has been driven by its own set of rules in which GAAP earnings were “optional”, stock grants were “rampant,” and there was no correlation between free http://www.streetinsider.com/Hot+List/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html Sat, 25 Jul 2026 16:00:00 -0400 ADBE CRM MSFT NOW ORCL WDAY http://www.streetinsider.com/Hot+List+Pro/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html <p>CLSA is out with a report titled ‘The Rule of Zero: AI Will Rewrite SaaS,’ in which the firm anticipates a very different environment for Software stocks in the post-AI world from the one we have known so far in which SaaS was “technology’s spoilt child.” Given this outlook, the capital markets group has initiated coverage on two ‘quality’ names with an Outperform rating.</p><p>Prior to the AI-led disruption we are now seeing, the sector has been driven by its own set of rules in which GAAP earnings were “optional”, stock grants were “rampant,” and there was no correlation between free http://www.streetinsider.com/Hot+List+Pro/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html Sat, 25 Jul 2026 16:00:00 -0400 ADBE CRM MSFT NOW ORCL WDAY http://www.streetinsider.com/Hot+List+Pro/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html <p>CLSA is out with a report titled ‘The Rule of Zero: AI Will Rewrite SaaS,’ in which the firm anticipates a very different environment for Software stocks in the post-AI world from the one we have known so far in which SaaS was “technology’s spoilt child.” Given this outlook, the capital markets group has initiated coverage on two ‘quality’ names with an Outperform rating.</p><p>Prior to the AI-led disruption we are now seeing, the sector has been driven by its own set of rules in which GAAP earnings were “optional”, stock grants were “rampant,” and there was no correlation between free http://www.streetinsider.com/Hot+List+Pro/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html Sat, 25 Jul 2026 16:00:00 -0400 ADBE CRM MSFT NOW ORCL WDAY http://www.streetinsider.com/Hot+List+Pro/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html <p>CLSA is out with a report titled ‘The Rule of Zero: AI Will Rewrite SaaS,’ in which the firm anticipates a very different environment for Software stocks in the post-AI world from the one we have known so far in which SaaS was “technology’s spoilt child.” Given this outlook, the capital markets group has initiated coverage on two ‘quality’ names with an Outperform rating.</p><p>Prior to the AI-led disruption we are now seeing, the sector has been driven by its own set of rules in which GAAP earnings were “optional”, stock grants were “rampant,” and there was no correlation between free http://www.streetinsider.com/Hot+List+Pro/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html Sat, 25 Jul 2026 16:00:00 -0400 ADBE CRM MSFT NOW ORCL WDAY http://www.streetinsider.com/Hot+List+Pro/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html <p>CLSA is out with a report titled ‘The Rule of Zero: AI Will Rewrite SaaS,’ in which the firm anticipates a very different environment for Software stocks in the post-AI world from the one we have known so far in which SaaS was “technology’s spoilt child.” Given this outlook, the capital markets group has initiated coverage on two ‘quality’ names with an Outperform rating.</p><p>Prior to the AI-led disruption we are now seeing, the sector has been driven by its own set of rules in which GAAP earnings were “optional”, stock grants were “rampant,” and there was no correlation between free http://www.streetinsider.com/Hot+List+Pro/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html Sat, 25 Jul 2026 16:00:00 -0400 ADBE CRM MSFT NOW ORCL WDAY http://www.streetinsider.com/Hot+List+Pro/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html <p>CLSA is out with a report titled ‘The Rule of Zero: AI Will Rewrite SaaS,’ in which the firm anticipates a very different environment for Software stocks in the post-AI world from the one we have known so far in which SaaS was “technology’s spoilt child.” Given this outlook, the capital markets group has initiated coverage on two ‘quality’ names with an Outperform rating.</p><p>Prior to the AI-led disruption we are now seeing, the sector has been driven by its own set of rules in which GAAP earnings were “optional”, stock grants were “rampant,” and there was no correlation between free http://www.streetinsider.com/Hot+List+Pro/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html Sat, 25 Jul 2026 16:00:00 -0400 ADBE CRM MSFT NOW ORCL WDAY http://www.streetinsider.com/Hot+List+Pro/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html <p>CLSA is out with a report titled ‘The Rule of Zero: AI Will Rewrite SaaS,’ in which the firm anticipates a very different environment for Software stocks in the post-AI world from the one we have known so far in which SaaS was “technology’s spoilt child.” Given this outlook, the capital markets group has initiated coverage on two ‘quality’ names with an Outperform rating.</p><p>Prior to the AI-led disruption we are now seeing, the sector has been driven by its own set of rules in which GAAP earnings were “optional”, stock grants were “rampant,” and there was no correlation between free http://www.streetinsider.com/Hot+List+Pro/2+SaaS+stocks+to+buy%3A+CLSA/26814714.html Sat, 25 Jul 2026 16:00:00 -0400 ADBE CRM MSFT NOW ORCL WDAY http://www.streetinsider.com/Analyst+Comments/DA+Davidson%3A+%27We+remain+confident+in+ServiceNow+%28NOW%29+as+a+long+term+share+gainer%27/26811211.html <p>DA Davidson analyst Gil Luria reiterated a Buy rating and $170.00 price target on ServiceNow (NYSE: NOW).</p><p>The analyst commented, "ServiceNow reported a solid quarter beating results driven by momentum across the product portfolio and AI ACV continues to exceed expectations. Guidance for growth remains conservative though we have revised our estimates higher after results. We remain confident in NOW as a long term share gainer in its space and reiterate our BUY rating."</p><p>For an analyst ratings summary and ratings history on ServiceNow <a href="http://www.streetinsider.com/rating_history.php?q=NOW">click here</a>. For more ratings news on ServiceNow <a href="http://www.streetinsider.com/stock_lookup_news.php?q=NOW&amp;type=analyst">click here</a>.</p><p>Shares of ServiceNow closed at $91.94 yesterday.</p> http://www.streetinsider.com/Analyst+Comments/DA+Davidson%3A+%27We+remain+confident+in+ServiceNow+%28NOW%29+as+a+long+term+share+gainer%27/26811211.html Fri, 24 Jul 2026 08:59:00 -0400 NOW http://www.streetinsider.com/Analyst+Comments/Cantor+Fitzgerald%3A+%27+We+continue+to+view+ServiceNow+%28NOW%29+as+a+beneficiary+of+secular+AI+growth+trends%27/26805807.html <p>Cantor Fitzgerald analyst Thomas Blakey reiterated an Overweight rating and $141.00 price target on ServiceNow (NYSE: NOW). </p><p>The analyst commented, "ServiceNow reported a strong 2Q26 driven by ~50bps NNACV beat which, in turn, was driven by AI and cyber/risk/governance. The two appear to be increasingly intertwined as our ROI from AI thesis appears to be in early stages of development for ServiceNow as enterprises look to the company for more control/governance (i.e., AI kill switch) over agentic AI and with measurable outcomes (i.e., workflow automation). AI ACV is ahead of plan, and the company’s recent M&A in risk/ security appears http://www.streetinsider.com/Analyst+Comments/Cantor+Fitzgerald%3A+%27+We+continue+to+view+ServiceNow+%28NOW%29+as+a+beneficiary+of+secular+AI+growth+trends%27/26805807.html Thu, 23 Jul 2026 09:27:20 -0400 NOW http://www.streetinsider.com/Analyst+PT+Change/ServiceNow+%28NOW%29+PT+Raised+to+%24125+at+Baird/26804752.html Baird analyst Rob Oliver raised the price target on ServiceNow (NYSE: NOW) to $125.00 (from $118.00) while maintaining a Outperform rating. http://www.streetinsider.com/Analyst+PT+Change/ServiceNow+%28NOW%29+PT+Raised+to+%24125+at+Baird/26804752.html Thu, 23 Jul 2026 07:58:19 -0400 NOW http://www.streetinsider.com/Analyst+PT+Change/ServiceNow+%28NOW%29+PT+Raised+to+%24248+at+Bernstein+SocGen+Group/26804710.html Bernstein SocGen Group analyst Peter Weed raised the price target on ServiceNow (NYSE: NOW) to $248.00 (from $236.00) while maintaining a Outperform rating. http://www.streetinsider.com/Analyst+PT+Change/ServiceNow+%28NOW%29+PT+Raised+to+%24248+at+Bernstein+SocGen+Group/26804710.html Thu, 23 Jul 2026 07:47:34 -0400 NOW http://www.streetinsider.com/Analyst+PT+Change/ServiceNow+%28NOW%29+PT+Raised+to+%24150+at+JPMorgan/26804674.html JPMorgan analyst Samik Chatterjee raised the price target on ServiceNow (NYSE: NOW) to $150.00 (from $145.00) while maintaining a Overweight rating. http://www.streetinsider.com/Analyst+PT+Change/ServiceNow+%28NOW%29+PT+Raised+to+%24150+at+JPMorgan/26804674.html Thu, 23 Jul 2026 07:40:18 -0400 NOW http://www.streetinsider.com/Analyst+PT+Change/ServiceNow+%28NOW%29+PT+Raised+to+%24118+at+BMO+Capital/26804210.html BMO Capital analyst Keith Bachman raised the price target on ServiceNow (NYSE: NOW) to $118.00 (from $115.00) while maintaining a Outperform rating. http://www.streetinsider.com/Analyst+PT+Change/ServiceNow+%28NOW%29+PT+Raised+to+%24118+at+BMO+Capital/26804210.html Thu, 23 Jul 2026 06:56:55 -0400 NOW http://www.streetinsider.com/Analyst+Comments/Oppenheimer+Reiterates+Outperform+Rating+on+ServiceNow+%28NOW%29/26804104.html <p>Oppenheimer analyst Brian Schwartz reiterated an Outperform rating and $140.00 price target on ServiceNow (NYSE: NOW).</p><p>The analyst commented: "We reiterate our Outperform rating on ServiceNow after most of its 2Q KPIs beat consensus estimates. Positively, the AI business momentum remains strong and on track to exceed the 2026 $1.5B ACV target. In addition, management disclosed that the cybersecurity business is $1B+ and the organic portion's growth is accelerating. The cybersecurity disclosures are a positive development, since the category should garner a disproportionate share of new enterprise IT spending over the near- and medium-terms because of the substantial risks involved in http://www.streetinsider.com/Analyst+Comments/Oppenheimer+Reiterates+Outperform+Rating+on+ServiceNow+%28NOW%29/26804104.html Thu, 23 Jul 2026 06:38:02 -0400 NOW http://www.streetinsider.com/SEC+Filings/Form++10-Q+++++++ServiceNow%2C+Inc.++++++++++For%3A+Jun+30/26803727.html si-local-file:///var/storage/secattach/20260723/26803727.html http://www.streetinsider.com/SEC+Filings/Form++10-Q+++++++ServiceNow%2C+Inc.++++++++++For%3A+Jun+30/26803727.html Thu, 23 Jul 2026 06:02:00 -0400 NOW O.01585318 http://www.streetinsider.com/SEC+Filings/Form++10-Q+++++++ServiceNow%2C+Inc.++++++++++For%3A+Jun+30/26803727.html si-local-file:///var/storage/secattach/20260723/26803727.html http://www.streetinsider.com/SEC+Filings/Form++10-Q+++++++ServiceNow%2C+Inc.++++++++++For%3A+Jun+30/26803727.html Thu, 23 Jul 2026 06:02:00 -0400 NOW O.01585318