ServiceNow Drops 9% After Q3 Results: What Investors Should Know

As seen on the 24/7 Wall St. homepage on October 29, 2026.

NOW ServiceNow

Regular session

2:40pm ET

$110.03

-9.04% open $120.97

A 9.04% slide to $110.03, the day after Q3 results hit EDGAR, wipes roughly a tenth off a $113.8 billion software leader in one session. Moves this size are rare here, so keep an eye on where it settles.

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ServiceNow closed near $110.03, down roughly 9% in regular trading, an unusual single-day loss for a company of this stature. Sellers controlled the session from the open.

The drop came the day after the company filed its third-quarter results on EDGAR, so the market had fresh numbers in hand when it repriced the stock. The verdict was swift and decisive.

Sources

NOW company overview

Mentioned: NOW

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FVRRFiverr International$9.03+11.7%
CAVACava$59.05+8.8%
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LLYEli Lilly$1,374.21+6.7%
APPSDigital Turbine$10.56+6.5%

Losers

NOWServiceNow$110.3-26.5%
FTNTFortinet$137.93-20.8%
MRVLMarvell Technology$218.95-13.0%
GOOGLGoogle$283.7-12.7%
GOOGGoogle$282.03-12.4%

ServiceNow closed down 26.53%, the deepest drop across 382 priority names and more than a quarter of its value gone in one session.

NOW ServiceNow

Regular session

10:40am ET

$113.95

-5.80% open $120.97

A 5.8% slide to $113.96 is the first full session since Q3 results were filed with the SEC, and it erases roughly $7 billion from a $117.8 billion enterprise software leader. How it holds near this level sets the tone for the rest of the group.

Biggest movers · On the open 9:50am ET

Gainers

LLYEli Lilly$1,387.74+7.7%
FVRRFiverr International$8.62+6.6%
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LNGCheniere Energy$312.37+4.9%

Losers

NOWServiceNow$113.7-24.3%
FTNTFortinet$131.87-24.3%
GOOGLGoogle$281.45-13.4%
GOOGGoogle$279.19-13.3%
MRVLMarvell Technology$219.79-12.7%

A 32-point gap separates the best and worst names in a 381-stock universe today: ServiceNow and Fortinet both shed roughly 24% while Eli Lilly leads the upside at 7.72%. Positioning set for a quiet session is already wrong.

NOW ServiceNow

Q3 2026

Oct 28, 4:14pm ET

EPS

$1.00

est $1.02 -2.3%

Revenue

$4.11B

est $4.09B +0.3%

The first adjusted EPS miss in six quarters came as acquisition costs compressed GAAP operating margin to 9.5% from 17%. Revenue still edged past consensus and management raised its 2026 AI net new ACV target to $1.70 billion.

NOW ServiceNow

Regular session

Oct 28, 3:10pm ET

$148.96

-3.76% open $154.78

A 3.76% slide to $148.96 takes roughly $6 billion off a $154 billion enterprise-software heavyweight in a single session. Moves this size are rare for a megacap on no confirmed trigger, so keep an eye on whether it holds into the close.

Tip Ranks @tipranks

Oct 23, 8:59am ET

A 20% target hike five days before ServiceNow's October 28 third quarter report raises the bar the company now has to clear.

ServiceNow $NOW Price target raised to $180 from $150 at BofA BofA raised the firm's price target on ServiceNow to $180 from $150 and keeps a Buy rating on the shares ahead of the company's Q3 report due on October 28. The firm, which expects results to be at or above https://t.co/AHHsQSYuuj

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NOW ServiceNow

Regular session

Oct 16, 12:20pm ET

$140.28

-7.56% open $151.74

A 7.56% intraday drop to $140.28 strips roughly $11 billion off a $145 billion enterprise-software name in a single session. Moves this size are rare for a stock of this heft, so keep an eye on whether it holds the low into the close.

NOW ServiceNow

After-hours

Oct 15, 4:00pm ET

$149.15

+6.93% open $139.49

A 6.9% run to $149.15 adds roughly $10 billion to a $154 billion software name, an outsized single-session move for a mega-cap. Keep an eye on whether it holds the gain into tomorrow's open.

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Trading the headlines failed: nothing from the banking crisis to the tariff shock derailed a $40 trillion move. The live call inside Cramer's anniversary scorecard is the rotation, with semis and disk drives losing their shine while software names regain leadership.

Biggest movers · On the open Oct 12, 9:54am ET

Gainers

AIC3.ai$12.68+10.0%
NOWServiceNow$146.84+4.3%
CRMSalesforce$238.32+4.0%
SHOPShopify$177.66+4.0%
INTUIntuit$313.58+3.6%

Losers

AAOIApplied Optoelectronics$103.05-6.0%
CIENCiena$424.25-5.7%
LITELumentum$1,042.18-5.5%
NVTSNavitas Semiconductor$10.2-5.4%
SNDKSanDisk$1,507.87-4.7%

C3.ai is up 9.97% at the open, leading a board where ServiceNow, Salesforce, Shopify and Intuit all gained 3.5% or more. Applied Optoelectronics is down 6% on the other end of the same board.