Servicenow actions (now) decrease as AI agents pass into the consumption -based model

Investment Advisory Company Group of hail published the letter of the investors of the first quarter “Ithaka US”. A copy of the letter may be downloaded here. After two years of gains greater than 25%, the markets welcomed the new year with considerable volatility and a sharp descent. In the first quarter, ITHAKA’s portfolio underwent R1000G at 30 basic points, registering -10.3% to -10.0% (rate rates) in the middle of a negative market environment. In addition, see the five main holdings of the fund to find out their best options by 2025.

In his menu of the first quarter of 2025, the U.S. growth strategy emphasized actions such as Servicenow, Inc. (NYSE:Now)). Servicenow, Inc. (NYSE: NOW) offers smart workflow automation solutions for digital companies. The return of a month of Servicenow, Inc. (NYSE: Now) was 15.51% and their shares obtained 35.20% of their value for the last 52 weeks. On April 28, 2025, the actions of Servicenow, Inc. (NYSE: Now) closed to $ 937.41 per action with a market capitalization of $ 194,024 million.

The U.S. growth strategy indicated the following with respect to Servicenow, Inc. (NYSE: NOW) in your First Quarter Investors Charter of 2025:

“Founded in 2004, Servicenow, Inc. (NYSE: Now) has become the leading supplier of cloud -based software solutions that define, structure, manage and automate work flow services for global companies. Servicenow was a pioneer in the use of the cloud to offer computer services management applications (“ITSM”). These applications allow users to manage incidents and plan new computer projects, have provision clouds, manage application performance and create applications. Since then, the company has expanded beyond the ISM market to provide labor flow solutions for computer operations management, customer service, human resources, security operations and other company departments where a patchwork of semi -automatized processes has been used with variable success in the past. Servicenow’s actions fell during the quarter, driven by the announcement that its long -awaited agents will be offered as a consumption -based model, in front of the seat -based model. This change will make income recognition further in the future, as customers can take their time by adopting (and therefore paying) for the new product. “

A software engineering team in desks working with a code of a forefront of cloud computing solution.

Servicenow, Inc. (NYSE: Now) is not on our list of 30 most popular actions between coverage funds. According to our database, 110 coverage background portfolios celebrated Servicenow, Inc. (NYSE: Now) At the end of the fourth quarter compared to 78 of the third quarter. In the first quarter of 2025, Servicenow, Inc’s (NYSE: Now) subscription Income increased by 20% in constant currency to $ 3.005 million. Although we recognize the potential of Servicenow, Inc. (NYSE: Now) As an investment, our conviction lies in the belief that AI actions have a greater promise to obtain higher yields and to do it in a shorter period. If you are looking for an IA stock as promising as Nvidia, but you quoted less than five times, see our report on the Ia stock cheap.