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ServiceNow Projects $1.5B in AI Revenue by 2026 as Shares Rally

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Sig2.58Sen+5.65Env0.00Soc0.00Gov+0.10

ServiceNow expects AI-related revenue to exceed $1.5 billion by 2026 and about $9.6 billion by 2030. After a Q2 report that beat expectations and showed 24% revenue growth, the company raised FY26 subscription revenue guidance and emphasized strong U.S. commercial demand and AI product adoption. Shares jumped about 29% in August, and the stock trades below its 2024 peak valuation.

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