What’s driving ServiceNow lower today?

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Servicenow slides 10.37% today

Highlights

ServiceNow reported Q4 2025 subscription revenue up 21% year-on-year to $3.47 billion, with total sales of $3.57 billion, both ahead of expectations.
The company announced a new $5 billion share buyback authorization, including a $2 billion accelerated repurchase, and expanded AI partnerships with Anthropic and OpenAI.
ServiceNow trades well below major moving averages, with persistent bearish momentum; key support is at $123.63 and resistance ranges from $128.15 to $140.47.

Buyback boost and AI expansion as revenue beats estimates

ServiceNow reported strong financial results for Q4 2025 with subscription revenue rising 21% year-on-year to $3.47 billion and total sales reaching $3.57 billion, both exceeding Wall Street expectations. The company also authorized an additional $5 billion share buyback, including a $2 billion accelerated repurchase plan. ServiceNow is expanding its artificial intelligence offerings through partnerships with Anthropic and OpenAI, and continues to emphasize product innovation and customer adoption.

Anton Kharitonov, expert at Traders Union, highlights the pronounced technical weakness in ServiceNow shares. He stresses that the stock is trading far below all major moving averages and continues to show strong bearish momentum. Despite robust financials and AI expansion, recent price action signals persistent selling pressure and concern about market sentiment. Oscillator readings in oversold zones may hint at a pause, but the lack of buying interest is notable. "Too many downside signals overwhelm short-term positives — investors should brace for potential further weakness unless strong reversal triggers appear."

Viktoras Karapetjanc, expert at Traders Union, sees ServiceNow’s financial resilience and bold expansion into AI partnerships as strong foundations for future growth. He points out that the company’s revenue beat and share buyback underline institutional confidence despite recent volatility. The analyst believes long-term bullish structure remains intact, with oversold technical readings creating fresh opportunity zones. "ServiceNow’s impressive results and innovation strategy signal further growth ahead — the market offers attractive setups for forward-looking investors."

Bearish momentum persists as oversold signals overwhelm support

Momentum signals are strongly bearish, with daily MACD at –8.70 (strong sell) and ADX at 32.92, reflecting clear downside strength. Major oscillators like daily and weekly RSI (33.66 and 29.24), Stoch RSI, and CCI all indicate oversold conditions, while BBP evidences that sellers continue to dominate intraday. The Awesome Oscillator also supports the bearish trend.

Previously it was reported that ServiceNow, Inc. continues to exhibit pronounced bearish momentum, with shares trading below key moving averages and technical indicators such as MACD and RSI pointing to sustained selling pressure. The stock is expected to remain range-bound in the near term, with resistance near $134.87 and support at $130.35, as volatility persists and downside risk prevails.

Source of Data: NOW Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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