Servisno, Inc. (NYSE:Now) is one of AI is the stock on Wall Street. On January 5th, Cantor Fitzgerald analyst Thomas Bilkey reiterated an overweight rating on the stock with a $240.00 price target.

The firm is bullish on the stock, driven by seat-driven factors including seat growth, better-than-expected results in the federal sector, artificial intelligence initiatives, and increased merger and acquisition activity.

Cantor is bullish on Servisno, noting that the stock is trading near its three-year price at 8.5x projected 2027 earnings. Analysts believe the current consensus estimate of 18% growth could be exceeded in calendar 2027, helped by increased seat adoption, strong federal business, AI momentum, and increased M&A activity.

The firm added that it does not view Servisno’s recent M&A activity as buying growth. Instead, he believes he’s expanding the company’s total addressable market, which is in line with Knowledge 2025 observations.

Kantor also discussed how ServiceNow is strengthening its AI data stack with a focus on governance and security to meet customer needs.

Servicenow, Inc. (NYSE: NOW) provides a platform that integrates workflow, data, and AI to integrate how work flows across large organizations.

While we recognize the upside potential as an investment now, we believe some AI stocks offer greater upside potential and less downside risk. If you’re looking for an extremely undervalued AI stock that stands to benefit significantly from Trump-era revenues and the onshoring trend, check out our free report Best Short Term AI Stocks.

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