ServiceNow NOW shares have jumped 25% in the past three months, outperforming the broader Zacks Computer and Technology sector’s return of 2%, reflecting improving investor confidence in the company’s AI monetization strategy, strong second-quarter 2026 execution and an increasingly diversified growth profile. AI momentum has been another important driver behind NOW’s recent price strength. The company is also benefiting from broadening demand beyond ServiceNow’s traditional IT service-management franchise. Let’s delve deep to find out whether these drivers are enough for investors to take a position in the NOW stock.

Growing AI Monetization Opportunity to Aid NOW’s Prospects

ServiceNow AI surpassed $1…