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Rate Of ReturnThe performance is so good! Why is it still falling endlessly?😰😰😰$ServiceNow(NOW.US)
ServiceNow (NOW) Boosts Shareholder Returns with New $5B Buyback after Solid Q4 Earnings
ServiceNow (NOW) announced a $5 billion share buyback plan, including a $2 billion accelerated component, following strong Q4 earnings. The company reported a 21% increase in subscription revenue to $3.47 billion and a total revenue rise of 20.5% to $3.57 billion. Remaining performance obligations grew significantly, and ServiceNow closed 244 deals over $1 million, maintaining a 98% renewal rate. The company also provided optimistic guidance for 2026, projecting subscription revenue of approximately $15.55 billion. NOW stock has a Strong Buy consensus rating with a target price suggesting a 60.91% upside potential.
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