BMO Capital's Take on ServiceNow's Q1 Results and Market Reaction

ServiceNow (NOW) shares fell 12% after its first-quarter results announcement on April 22, 2026, despite beating earnings expectations. The decline was attributed to delays in government deals in the Middle East, which impacted subscription revenue growth. BMO Capital noted that the company's organic CRPO guidance was disappointing but maintained an 'Outperform' rating with a $115 price target.

By Faheem Tahir Tue, April 28, 2026 at 8:18 PM GMT+3 2 min read · Yahoo Finance · April 28, 2026, 17:18 UTC

Tickers: $NOW

Topics: AI Stocks Analyst Opinion Earnings Report ServiceNow Stock Performance

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