The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

ServiceNow, Inc. (NYSE:NOW) is one of the fastest-growing agentic AI stocks to buy.

However, investors still want proof that the AI narrative will translate into durable upside for the company. Despite the strong results, Stifel cut its price target on ServiceNow to $135 from $180 on April 2, 2026, while maintaining a Buy rating, citing weaker channel checks and a very weak U.S. federal spending environment, a reminder that even strong agentic positioning does not make the core business immune to execution and demand concerns.

In late January, the company reported fourth-quarter subscription revenue of $3.47 billion, up 21% year over year, while total revenue rose 20.5% to $3.57 billion. Current remaining performance obligations, a key forward-looking software metric, climbed 25% to $12.85 billion.

ServiceNow also said Now Assist net new ACV more than doubled in the quarter. The agentic angle became more explicit on January 20, 2026, when ServiceNow expanded its collaboration with OpenAI to power agentic AI experiences across enterprise workflows.

The company said the partnership would help customers access frontier-model capabilities inside ServiceNow’s platform, with use cases ranging from real-time voice agents to more autonomous IT and workflow orchestration. ServiceNow said it already powers more than 80 billion workflows annually, which is what makes its bull case stronger than most: it is trying to layer agents onto an already entrenched enterprise workflow system rather than starting from scratch.

ServiceNow, Inc. (NYSE:NOW) provides a cloud-based AI platform that helps enterprises automate and manage workflows across IT, customer service, HR, and other business functions.

While we acknowledge the potential of NOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None. Follow Insider Monkey on Google News.