capital · May 21, 2026
ServiceNow Stock Rises 8.8 Percent After AI Product Launches and Bank of America Buy Rating on May 18 2026
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ServiceNow Inc. closed at $103.42 up 8.78 percent on May 18 2026 following its Knowledge 2026 conference in Las Vegas. The company unveiled an upgraded AI Control Tower for governance across multi-model environments, launched conversational AI front-end Otto, and introduced Autonomous Workforce suite. Bank of America initiated coverage with a Buy rating and Bernstein analyst Peter Weed raised his price target to $236 from $226. ServiceNow reaffirmed its full-year 2026 subscription revenue guidance of $15.74 billion to $15.78 billion implying 22 percent to 22.5 percent growth.
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