ServiceNow’s AI Revolution: Record Growth, Stock Insights & Bold Moves in 2025
ServiceNow reported Q2 2025 subscription revenue of $3.11 billion, up 22.5% year-over-year. Shares trade in the mid-$900s, down about 12% in 2025, with a market cap near $200 billion. The company launched its “Zurich” AI platform in September and secured a major federal IT deal with the U.S. GSA. Morgan Stanley upgraded the stock to “Overweight” with a $1,250 price target.