ServiceNow expands AI partnerships with Nvidia, Microsoft, Google Cloud, and Lenovo at Knowledge 2026 event; stock trades at $92.01 with analysts projecting fair value of $108.81.

ServiceNow unveiled Project Arc, ServiceNow Otto, and an expanded AI Control Tower at Knowledge 2026, alongside partnership expansions with Nvidia, Microsoft, Google Cloud, and Lenovo.

The stock has returned 9.79% over 30 days and 37.60% year to date, but shows mixed longer-term results with a 1 year total shareholder return of 52.34% and 3 year total shareholder return of 4.23%.

Analysts project a fair value of $108.81, implying 15.4% upside from the current share price of $92.01, though the stock trades at a P/E of 54x compared with a fair ratio of 39.7x and the US Software industry average of 30.4x.