ServiceNow needs serenity now!

Business software company ServiceNow — one of the boring AI software stocks like Salesforce that traders have flocked to since Monday’s DeepSeek revelation made some leery of big bets on AI infrastructure — is getting battered in the after-hours session after reporting soft Q4 results.

The numbers were pretty weak. EPS was up slightly. Revenue missed expectations. The company downshifted its forecast for 2025 subscription growth. And shares are down nearly 9% in extended trading, which would be enough to erase all the stock’s gain for the year.

ServiceNow projects annual subscription revenue below estimates as strong dollar bites

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