{"id":8565,"date":"2026-04-12T08:23:45","date_gmt":"2026-04-12T08:23:45","guid":{"rendered":"https:\/\/globalnewstoday.uk\/index.php\/2026\/04\/12\/servicenow-stock-falls-8-after-ubs-downgrades-software-giant-on-weakening-ai-confidence-tikr-com\/"},"modified":"2026-04-12T08:23:45","modified_gmt":"2026-04-12T08:23:45","slug":"servicenow-stock-falls-8-after-ubs-downgrades-software-giant-on-weakening-ai-confidence-tikr-com","status":"publish","type":"post","link":"https:\/\/globalnewstoday.uk\/index.php\/2026\/04\/12\/servicenow-stock-falls-8-after-ubs-downgrades-software-giant-on-weakening-ai-confidence-tikr-com\/","title":{"rendered":"ServiceNow Stock Falls 8% After UBS Downgrades Software Giant on Weakening AI Confidence – TIKR.com"},"content":{"rendered":"

Now Live: Discover how much upside your favorite stocks could have using TIKR\u2019s new Valuation Model (It’s free)<\/a><\/em><\/strong><\/strong><\/em><\/strong><\/em>>>><\/a><\/em><\/strong>
ServiceNow (NOW<\/a>) stock fell 8% on Friday after UBS downgraded the company<\/a> from Buy to Neutral, cutting its price target from $170 to $100.
The core concern is budget pressure.
There’s also a product-specific worry.
On the numbers side, UBS lowered its estimate of current remaining performance obligations growth to 16% from 20% as of the end of 2026.
It also flagged that revenue beats over the next few quarters are likely to be smaller than usual.
See analysts\u2019 growth forecasts and price targets for ServiceNow stock (It’s free) >>><\/a><\/strong>
ServiceNow stock had already been under pressure before Friday’s downgrade.
A 44% year-to-date drop reflects growing anxiety about whether enterprise software companies can hold their ground as AI reshapes how businesses spend on technology.
That said, UBS acknowledged there are positives.
The tension is real.
Whether that makes ServiceNow stock a buying opportunity or a value trap depends on how the AI budget picture develops in the months ahead.
<\/em><\/strong><\/a>Estimate a company’s fair value instantly (Free with TIKR) >>><\/a><\/em><\/strong><\/em><\/strong><\/em><\/strong>
With TIKR\u2019s new Valuation Model tool<\/strong>, you can estimate a stock’s potential share price in under a minute.
All it takes is three simple inputs:
If you’re not sure what to enter, TIKR automatically fills in each input using analysts\u2019 consensus estimates, giving you a quick, reliable starting point.
From there, TIKR calculates the potential share price and total returns under Bull, Base, and Bear<\/strong> scenarios<\/strong> so you can quickly see whether a stock looks undervalued or overvalued<\/strong>.
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Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal\u2019s investment data and analysts\u2019 estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!<\/em><\/p>\n

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source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Now Live: Discover how much upside your favorite stocks could have using TIKR\u2019s new Valuation Model (It’s free)>>>ServiceNow (NOW) stock fell 8% on Friday after UBS downgraded the company from Buy to Neutral, cutting its price target from $170 to $100.The core concern is budget pressure. There’s also a product-specific worry. On the numbers side, […]<\/p>\n","protected":false},"author":1,"featured_media":8566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":{"0":"post-8565","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology"},"_links":{"self":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/8565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/comments?post=8565"}],"version-history":[{"count":0,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/8565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media\/8566"}],"wp:attachment":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media?parent=8565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/categories?post=8565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/tags?post=8565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}