ServiceNow IncArticle focuses on ServiceNow's AI product revenue run rate and subscription growth, indicating strong demand for its products.

ServiceNow reports second-quarter 2026 earnings after the close today, and the key metric is whether its Now Assist AI product confirms a raised $1.5 billion revenue run rate. The stock trades at $102.06, and 24/7 Wall St. has a buy recommendation with a $331.60 price target implying 224.9% upside. Subscription revenue hit $3.671 billion last quarter, and deals including three or more Now Assist products grew nearly 70% year-over-year. The bull case projects a target of $350.95 if tonight's report confirms the AI pace and third-quarter guidance implies further acceleration, while the bear case target is $254.05. ServiceNow's 21% subscription growth and 7.73 times price-to-sales ratio are compared favorably against Salesforce and Palantir.
ServiceNow IncArticle focuses on ServiceNow's AI product revenue run rate and subscription growth, indicating strong demand for its products.
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