ServiceNow Inc. (NYSE:NOW) ranks among the best set-it-and-forget-it stocks to buy right now. Following a discussion with ServiceNow Inc. (NYSE:NOW) management, Oppenheimer reiterated its Outperform rating and $130 price target for ServiceNow on June 10. The conversation left the firm slightly optimistic about ServiceNow’s second-half 2026 prospects and the likelihood of business reacceleration in the year to come.
The firm believes ServiceNow Inc. has strong fiscal year 2030 financial targets, with the company appearing to be on track for a 10%+ AI business by 2026, with a subscription revenue gross margin floor projection.
Furthermore, on June 4, Cognizant Technology announced the integration of its Neuro AI Trust platform with ServiceNow Inc., which will provide companies with comprehensive AI governance and monitoring tools across AI platforms.
The integration creates what the companies refer to as a unified ecosystem for handling AI governance across the AI lifecycle by combining ServiceNow’s AI Control Tower with Cognizant’s AI assurance platform.
ServiceNow Inc. provides cloud-based and AI-embedded end-to-end workflow automation solutions for enterprises. The company is located in Santa Clara, California, and was founded in June 2004 by Frederic B. Luddy.
READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years