ServiceNow’s stock fell to $99.28 on June 30, 2026, reflecting a 49% decline over 52 weeks as AI-driven market shifts weighed on software stocks.
ServiceNow (NOW) closed at $99.28 per share on June 30, 2026, marking a 49.03% decline over the past 52 weeks. The company’s market capitalization stood at $102.38 billion, while its one-month return was -12.69%. The drop aligns with broader weakness in software stocks, driven by investor concerns over AI adoption and sector rotation.
Emerald Wealth Partners’ Q1 2026 investor letter noted that software stocks underperformed, contrasting with gains in semiconductor equipment holdings. The firm’s Growth Equity Strategy posted a -9.2% gross return for the quarter, citing geopolitical tensions and shifting market focus toward energy and defense sectors.
ServiceNow, a cloud-based workflow automation provider, was highlighted as a key holding despite its recent struggles. The firm’s letter emphasized the company’s long-term positioning in the AI era, though short-term performance reflected broader sector challenges.