{"id":260459,"date":"2026-05-31T14:01:00","date_gmt":"2026-05-31T18:01:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/31\/servicenow-stock-is-now-underperforming-the-technology-sector\/"},"modified":"2026-05-31T15:10:20","modified_gmt":"2026-05-31T19:10:20","slug":"servicenow-stock-is-now-underperforming-the-technology-sector","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/31\/servicenow-stock-is-now-underperforming-the-technology-sector\/","title":{"rendered":"ServiceNow Stock: Is NOW Underperforming the Technology Sector?"},"content":{"rendered":"<p><a href=\"https:\/\/www.barchart.com\/story\/news\/2224240\/servicenow-stock-is-now-underperforming-the-technology-sector\">ServiceNow Stock: Is NOW Underperforming the Technology Sector?<\/a><\/p>\n<p><a href=\"https:\/\/www.barchart.com\/story\/news\/2224240\/servicenow-stock-is-now-underperforming-the-technology-sector\">https:\/\/www.barchart.com\/story\/news\/2224240\/servicenow-stock-is-now-underperforming-the-technology-sector<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-31 14:01:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.barchart.com\">www.barchart.com<\/a><\/p>\n<p> ServiceNow Inc building in Silicon Valley-by Sundry Photography via iStock <\/p>\n<p>With a market cap of\u00a0$128.2 billion, ServiceNow, Inc. (NOW) is a leading provider of cloud-based digital workflow solutions that help organizations automate and streamline business operations across industries worldwide. The company offers a comprehensive portfolio of products spanning IT services, customer service, security, risk management, human resources, and workflow automation, enabling enterprises to improve efficiency and enhance user experiences.\u00a0<\/p>\n<p>Companies valued at $10 billion or more are generally classified as \u201clarge-cap\u201d stocks, and ServiceNow fits this criterion perfectly. Headquartered in Santa Clara, California, ServiceNow serves customers globally and continues to expand its capabilities through innovation, strategic partnerships, and AI-driven solutions.<\/p>\n<p>Shares of the Santa Clara, California-based company have dipped 41.2% from its\u00a052-week high of $211.48. Over the past three months,\u00a0shares of the company have increased 15.2%, which lagged behind the State Street Technology Select Sector SPDR ETF&#8217;s (XLK) surge of 37.7% during the same period.<\/p>\n<p> <img decoding=\"async\" src=\"aspect-ratio:940\/619;\" width=\"940\" height=\"619\"\/>  www.barchart.com <\/p>\n<p>The technology giant&#8217;s stock has declined 18.8% on a YTD basis, underperforming XLK\u2019s 32.7% increase. In the longer term, shares of ServiceNow have dropped 39.1% over the past 52 weeks, compared to\u00a0XLK\u2019s 65.2% gain over the same time frame.<\/p>\n<p>The stock has been trading below its 50-day and 200-day moving averages since last year.<\/p>\n<p> <img decoding=\"async\" src=\"aspect-ratio:940\/617;\" width=\"940\" height=\"617\"\/>  www.barchart.com <\/p>\n<p>Shares of ServiceNow fell 17.8% following its\u00a0Q1 2026 results on Apr. 22 as the company projected a\u00a0lower-than-expected full-year subscription adjusted gross margin of 81.5%, below analysts\u2019 estimate, primarily due to the impact of recent acquisitions, including the Armis deal. Investors were also concerned that subscription revenue growth faced an approximately 75-basis-point headwind from delayed closings of several large on-premise deals in the&#8230;<\/p>\n<p><a href=\"https:\/\/www.barchart.com\/story\/news\/2224240\/servicenow-stock-is-now-underperforming-the-technology-sector\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ServiceNow Stock: Is NOW Underperforming the Technology Sector? https:\/\/www.barchart.com\/story\/news\/2224240\/servicenow-stock-is-now-underperforming-the-technology-sector Publish Date: 2026-05-31 14:01:00 Source Domain:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":260460,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/media.barchart.com\/contributors-admin\/common-images\/images\/S%26P%20500%20Companies\/Technology%20(names%20J%20-%20Z)\/ServiceNow%20Inc%20building%20in%20Silicon%20Valley-by%20Sundry%20Photography%20via%20iStock.jpg","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[62,57],"class_list":["post-260459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-innovation","tag-security"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/260459"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=260459"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/260459\/revisions"}],"predecessor-version":[{"id":260461,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/260459\/revisions\/260461"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/260460"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=260459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=260459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=260459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}