Wednesday, October 28, 2026
Financial News
Oct 28, 2026, 8:22 PMEarnings

ServiceNow Stock Slides as Earnings Miss Overshadows Higher AI Outlook

ServiceNow shares slid after an earnings miss overshadowed a raised AI outlook, despite an uptick in multimillion-dollar AI deals, MarketWatch reported.

A circuit-patterned balloon rises while a cracked stone drags it down, symbolizing AI optimism clouded by an earnings miss.
Listen to this briefingAudio briefing

Summary

ServiceNow shares slid after an earnings miss overshadowed a raised AI outlook, MarketWatch reported on October 28, 2026. The company nevertheless saw an uptick in multi-million-dollar AI deals.

The results failed to win over software skeptics. The available feed provided no earnings, revenue, guidance, deal-count or share-move figures and disclosed no next steps, limiting assessment of the miss and AI outlook revision.

Positives

  • ServiceNow raised its AI outlook.
  • ServiceNow saw an uptick in multi-million-dollar AI deals.
  • ServiceNow's AI transactions included deals worth multiple millions of dollars.

Risks & concerns

  • ServiceNow's stock slid following the earnings report.
  • The earnings results missed expectations.
  • The results did not win over software skeptics.
Primary sourceMarketWatch.com - Top Storieshttps://www.marketwatch.com/story/servicenows-stock-slides-as-earnings-miss-clouds-a-raised-ai-outlook-96e48385?mod=mw_rss_topstories
Read full article
Editorial note: Financial News summarizes and analyzes third-party reporting and public filings. The source link is the authoritative document. This page does not reproduce the full source text and is not investment advice.

More From The Wire

A circuit-board beanstalk rises rapidly, symbolizing Vertiv's sales beat and accelerating AI infrastructure buildout. EarningsOct 28

Vertiv Sales Beat Signals Faster AI Buildout Before Big Tech Results

An aircraft built from ascending blocks buckles at a missing piece, symbolizing Boeing’s delivery shortfall. EarningsOct 27

Boeing Stock Falls as 737 Max Delivery Shortfall Clouds Turnaround

A battered spring launches a silver coin toward dawn, symbolizing SoFi's earnings rebound and early 2027 outlook. EarningsOct 27

SoFi Stock Soars as Early 2027 Forecast Impresses Wall Street