Why Citizens Remains Bullish On ServiceNow, Inc. (NOW)

ServiceNow, Inc. (NYSE:NOW) is among the 5 Tech Stocks with Best Earnings Growth in 2026. On March 6, Citizens reaffirmed a Market Outperform rating and a price target of $260 on ServiceNow, Inc. (NYSE:NOW), highlighting the company’s footing for the agentic era. This is achieved through the company’s customer relationships, architecture, and AI Control Tower offering. In 2026, Assist ACV is anticipated to reach $1 billion, up from the current $600 million.

Citizens emphasized the company’s pending Armis deal, which is forecasted to end in the initial half of this year, while believing that ServiceNow, Inc. (NYSE:NOW) is an appealing opportunity for capital appreciation in the long run. According to CEO Bill McDermott, the company targets a total addressable market (TAM) of over $600 billion.

When ServiceNow, Inc. (NYSE:NOW) participated in the Morgan Stanley Technology, Media & Telecom Conference 2026 on March 4, the company described its role as “AI Control Tower” for business transformation, integrating with both hyperscalers and language models. Strategic acquisitions and innovative pricing models are the basis for achieving a valuation of $1 trillion by 2030.

ServiceNow, Inc. (NYSE:NOW) is a California-based provider of cloud-based solutions for digital workflows. Incorporated in 2004, the company delivers a diverse range of products, including customer service management, field service management applications, and source-to-pay operations.

While we acknowledge the risk and potential of NOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NOW and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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