capital · May 18, 2026
ServiceNow Stock Analysis References Moveworks Acquisition of Nearly $3 Billion
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ServiceNow made seven acquisitions in 2025 with the largest being Moveworks for nearly $3 billion. The acquisition expanded ServiceNow's AI portfolio for IT service management and automation. Moveworks integration supports ServiceNow's target of $30 billion in AI revenue by 2030. ServiceNow reported consistent 20% revenue growth alongside 80% gross margins in recent periods.
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