ServiceNow (NOW) Among Top Generative AI Stocks to Buy in June
A report from Insider Monkey ranks ServiceNow (NOW) among the top 8 generative AI software stocks to buy in June 2026. According to CNN, 90% of analysts assign a Buy rating, with an average price target of $135, implying 29.62% upside.
Key Numbers
A recent report from Insider Monkey highlights ServiceNow (NYSE:NOW) as one of the 8 best generative AI software stocks to buy in June 2026. Based on 50 analyst ratings compiled by CNN, 90% assigned a Buy rating, while 8% assigned a Hold rating. The stock has an average price target of $135, representing a 29.62% upside from the current price.
Rating Change
The report does not specify a rating change but emphasizes the current analyst consensus: 90% Buy, 8% Hold, and implied 2% Sell. The average price target of $135 suggests significant upside potential.
Analyst Rationale
The report focuses on ServiceNow's position in generative AI, offering intelligent automation tools for enterprises. Growing demand for AI solutions in businesses is expected to drive revenue growth and product adoption.
Context
No other analyst opinions are mentioned separately, but the broad Buy consensus reflects market confidence. Recent stock performance is not detailed, but the price target indicates positive expectations.
What to Make of It
ServiceNow appears to enjoy strong analyst confidence, supported by its generative AI focus. However, investors should consider risks such as high valuation and competition.
Frequently Asked Questions
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