Key Stats for ServiceNow Stock

• Recent Performance: -6% Friday move
• 52-Week Range: $81 to $211
• Valuation Model Target Price: around $143
• Implied Upside: 27%

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What Happened?

ServiceNow Inc. stock fell about 6% Friday, closing near $112 per share as investors pulled back from high-growth software names during a broad tech selloff. The move came as the S&P 500 fell about 3%, the Nasdaq dropped about 4%, and stronger jobs data pushed bond yields higher, which pressured growth stocks whose valuations depend heavily on future earnings.

The stock moved lower because investors were weighing ServiceNow’s strong Q1 results against three specific…