10 Trending AI Stocks on Wall Street

7. ServiceNow, Inc. (NYSE:NOW)

Number of Hedge Fund Holders: 106

ServiceNow, Inc. (NYSE:NOW) is one of the 10 Trending AI Stocks on Wall Street. On August 4, Citizens JMP analyst Patrick Walravens reiterated a “Market Outperform” rating on the stock with a $1,300.00 price target.

The firm met with ServiceNow’s investor relations team on Thursday, coming away optimistic on the stock. In particular, they observed the latest demonstration of the AI Control Tower product and AI Agents in AI Agent Studio.

The team included VP of Investor Relations Darren Yip, Senior Manager of Investor Relations Andrew Libert, and investor relations members Christine Bancroft and Alexander Yuan.

“We saw the latest demonstration of the AI Control Tower product as well as a demonstration of AI Agents in AI Agent Studio, and after the stock has decreased 14% year to date versus an increase of 6% for the Russell 3000.”

ServiceNow, Inc. (NYSE:NOW) is a technology company that offers a cloud-based software platform for automating business workflows within an enterprise.