New York, Feb 12, 2026, 13:24 (EST) — Regular session
- Shares held their ground following Wednesday’s steep slide
- Kearney has rolled out a fresh “agentic AI” partnership with ServiceNow.
- An SEC filing shows the chief accounting officer is changing, effective Feb. 17.
ServiceNow stock hung around flat in early afternoon action Thursday, ticking up just 0.1% to $100.64. Volume sat at roughly 13.2 million shares. The day’s range: $99.30 at the low end, topping out at $103.60.
The stock is feeling the pinch again with renewed selling in software and tech as investors grow impatient for results from big artificial intelligence bets. “We see this as a ‘prove it’ year for AI. We need to start seeing some return on investments,” said Jack Herr, primary investment analyst at GuideStone Funds. 1
Investors are eyeing Friday morning’s U.S. consumer price index for January, a crucial inflation readout set for 8:30 a.m. ET. If the numbers run hot, bond yields could climb, putting pressure on high-multiple growth names in enterprise software. 2
ServiceNow slid 5.54% Wednesday, closing at $100.58. Shares moved between $105.94 and $99.42 during the session, historical pricing data show. Volume reached about 26 million shares. 3
There was movement on the company front, too. On Wednesday, consulting player Kearney announced a partnership with ServiceNow focused on “agentic AI”—shorthand for artificial intelligence that acts, not just responds. Ravi Asrani of ServiceNow pitched the collaboration as a way to “deliver transformation from strategy to execution—bringing intelligence, connected data, and seamless workflows.” 4
In a separate filing, ServiceNow’s board tapped Danielle Fontaine as the new chief accounting officer and corporate controller, effective Feb. 17. Outgoing CAO Kevin McBride steps into the executive vice president of accounting and corporate services role. Fontaine’s compensation: $420,000 base, a bonus target at 40% of that, plus $1.25 million in restricted stock units that vest over time, according to the filing. 5
That doesn’t alter the main setup for the stock at the moment. ServiceNow, which provides workflow software to help big corporations manage IT and back-office operations, remains essentially a stand-in for how investors feel about major, entrenched software names.
This market hasn’t cut anyone much slack. Should software stocks tumble again or a spike in yields follow fresh inflation figures, losses could pile up quickly—even without a fresh warning from any single company.
Here’s the rub: unless those partnerships or new faces translate into stronger bookings, better renewals, fatter margins, or cash moving in, they don’t count for much. Investors are looking for those numbers—skip the fresh press release.
Focus now shifts to Friday’s CPI report, which could shake up rate-cut expectations for next week. As for ServiceNow, traders are eyeing whether the stock steadies itself by the close following Wednesday’s sharp swings.
