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Posted by
Two Blokes Apr 16 -
Filed in
Stock
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ServiceNow's stock dropped recently due to macroeconomic concerns and disappointing Q4 2024 earnings, but early success in Agentic AI positions it well for future growth. The company's Pro Plus AI offerings, featuring domain-specific language models, saw a stunning 150% quarter-over-quarter deal growth, indicating strong market demand. ServiceNow's fundamentals remain solid with a 21% increase in Q4 subscription revenue and a 98% renewal rate, despite missing some analysts' estimates.
