ServiceNow Stock Declines 15.5% in April Amid AI Concerns and Post-Earnings Sell-Off

ServiceNow (NOW) stock fell 15.5% in April, primarily due to a post-earnings sell-off and concerns over AI disruption. The company met Q1 expectations but faced margin compression, and the broader software sector declined amid fears that AI tools like Anthropic's Claude Code could disrupt enterprise software. The stock experienced two sell-off waves, with the first linked to the announcement of ServiceNow's Mythos AI model.

By Jeremy Bowman · Motley Fool · May 3, 2026, 05:30 UTC

Tickers: $NOW

Topics: AI disruption Anthropic's Mythos AI earnings report ServiceNow (NOW) software sector stock performance

Read the full article at Motley Fool

More World news

Standard Nuclear Reports $577.2 Million Contract Backlog and Targets 2027 DOE Authorization Seeking Alpha · November 12, 2026, 18:10 UTC
Nuwellis Reports Q3 2026 Revenue of $2.2 Million and Improved Operating Loss Motley Fool · November 12, 2026, 18:09 UTC
Nebius Group Reports Strong Revenue Growth Amidst Capacity Delays and Increased Capital Expenditure Motley Fool · November 12, 2026, 18:11 UTC
Pelagos Insurance Reports Q3 2026 Earnings with Increased Gross Premiums Written Motley Fool · November 12, 2026, 18:11 UTC
Sprott Physical Gold Trust USD Reports Q3 Net Income of $508.82 Million Seeking Alpha · November 12, 2026, 18:07 UTC
NYSE Gains $500 Billion in Market Capitalization via Nine Major Listing Transfers PR Newswire · November 12, 2026, 18:05 UTC
PenFed Foundation Grants $25,000 to Northern Virginia Vietnam Veterans Foundation PR Newswire · November 12, 2026, 18:06 UTC
Allstate Announces Quarterly Dividend of $1.08 Per Share Seeking Alpha · November 12, 2026, 18:01 UTC
Pinnacle Bankshares Increases Quarterly Dividend to $0.35 Per Share Seeking Alpha · November 12, 2026, 18:02 UTC
Avidbank Reports Third Quarter 2026 Earnings Growth Driven by Core Deposits and C&I Lending Motley Fool · November 12, 2026, 18:00 UTC