ServiceNow Shares Down Over 50% Amid AI Disruption Fears; Q2 Earnings to Test Market Thesis

ServiceNow's stock has fallen nearly 51% from its 52-week high amid concerns that generative AI could disrupt enterprise software demand. Despite this, the company’s first-quarter results showed strong growth in subscription revenue and contract obligations. Investors will closely watch Q2 earnings on July 22 to determine if disruption is materializing.

By Daniel Sparks · Motley Fool · July 20, 2026, 19:26 UTC

Tickers: $CRM $NOW

Topics: AI disruption S&P 500 performance ServiceNow stock price decline

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