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ServiceNow ($NOW) - is it a buy?

u/ashm1987 · Reddit — r/ValueInvesting · April 22, 2026 at 23:30 · ⬆ 17 pts · 💬 56 comments  | View on Reddit ↗
AI Summary

Summary

  • Author considers buying ServiceNow ($NOW) after a ~15% post-earnings drop, believing the valuation has improved.
  • Thesis: Earnings are "rock solid" and AI-related fears are overblown, making the dip a buying opportunity.
  • Quality assessment: Speculation. The post is a reaction to price movement with no fundamental valuation metrics or analysis provided.
Score 17
Comments 56
Upvote % 79%
Ideas
u/ashm1987 Reddit r/ValueInvesting
Stock dropped ~15% aftermarket, improving its valuation from the author's prior view. Author states earnings are "rock solid" and AI fears are "overblown." The sharp price drop presents a more attractive entry point for a company with strong fundamentals, creating a potential value opportunity. A price decline on solid earnings and exaggerated fears is a catalyst to initiate a long position. The drop could continue ("catching a falling knife"). The broader bull market may not favor money flowing into NOW, as noted in comments. High valuation multiples may persist.
More from Reddit — r/ValueInvesting

This Reddit post, published April 22, 2026, features u/ashm1987 discussing NOW. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/ashm1987  · Tickers: NOW