ServiceNow IncNight View Capital added to its position, citing workflow automation strength and AI-driven software agent adoption, with 19% subscription revenue growth.

Night View Capital added to its position in ServiceNow during the second quarter of 2026, arguing the company's workflow automation platform becomes more essential as enterprises adopt AI-driven software agents. ServiceNow shares closed at $107.78 on July 27, 2026, with a market capitalization of $111.15 billion, and posted a one-month return of 4.56% despite losing 44.33% over the past 52 weeks. The firm's subscription revenues grew 19% year-over-year in constant currency to $3.67 billion in the first quarter of 2026. Night View Capital believes the recent software-sector sell-off is an overreaction and that resilient businesses like ServiceNow will adapt and thrive in the age of AI.
ServiceNow IncNight View Capital added to its position, citing workflow automation strength and AI-driven software agent adoption, with 19% subscription revenue growth.