ServiceNow raises 2026 AI annual contract value target to $1.7 billion
Bitget2026/10/28 21:31- ServiceNow raised its 2026 AI annual contract value target to $1.7 billion, up 70% from the start of the year.
- President and CFO Gina Mastantuono cited stronger-than-expected AI sales; year-to-date agentic AI consumption in production rose more than 13-fold year over year.
- The full-year free cash flow margin target increased 100 basis points to 36%, reflecting reduced capital expenditure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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