Is ServiceNow (NOW) the Best AI Stock with Potential to Rise 1000 Percent?

ServiceNow, Inc. (NYSE:NOW) is one of the 10 AI Stocks with Potential to Rise 1000 Percent.

On April 30, 2026, Citi raised its price target on ServiceNow, Inc. (NYSE:NOW) to $158 from $154 and maintained a Buy rating ahead of the company’s analyst day on May 4. Citi said it expects updates on AI-related key performance indicators and medium-term targets.

On April 23, 2026, Barclays analyst Raimo Lenschow reinstated coverage of ServiceNow, Inc. (NYSE:NOW) with an Overweight rating and a $132 price target. Raimo Lenschow said the Q1 report was affected by the macro backdrop but was not a “thesis changer,” adding that the company’s “deep integration” within customer IT environments positions it as a key platform as AI adoption expands.

On April 22, 2026, ServiceNow, Inc. (NYSE:NOW) reported Q1 EPS of 97c, in line with the 97c consensus, and revenue of $3.77B versus $3.75B expected. Current remaining performance obligations were $12.64B, up 22.5% year over year and 21% in constant currency. The company reported 16 transactions over $5M in net new annual contract value, up nearly 80% year over year, and ended the quarter with 630 customers above that threshold, up about 22%. CEO Bill McDermott said results “beat the high end of our guidance,” adding that AI growth is “far exceeding” expectations.

ServiceNow, Inc. (NYSE:NOW) provides cloud-based digital workflow solutions across multiple global markets.

While we acknowledge the potential of NOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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