Is This Beaten-Down AI Stock a Buy at Current Levels?
Key takeaways
- John Ballard, The Motley Fool Sat, May 23, 2026 at 7:20 PM GMT+7 4 min read NOW Service Now (NYSE: NOW) has been one of the hardest-hit names in this year s rotation out of software.
- But the company s first-quarter results were solid, and management continues to frame Service Now as the operating system that will control, secure, and monitor AI agents.
- Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need.
John Ballard, The Motley Fool Sat, May 23, 2026 at 7:20 PM GMT+7 4 min read NOW Service Now (NYSE: NOW) has been one of the hardest-hit names in this year s rotation out of software. Shares are down about 60% from their prior highs as investors worry that artificial intelligence (AI) could disrupt enterprise software.
But the company s first-quarter results were solid, and management continues to frame Service Now as the operating system that will control, secure, and monitor AI agents. While there are uncertainties about the long-term impact of AI on the software market, I think Wall Street is likely underestimating ServiceNow s value to enterprises.
Will AI create the world s first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue »