CNBC's "Final Trades": ServiceNow, Live Nation Entertainment, and Bristol-Myers Squibb

ServiceNow is a victim of its own success, according to CNBC's "Final Trades" segment. The company reported Q2 revenue of $3.22 bln, beating estimates, but is down 25% from its 52-week high. Bristol-Myers Squibb has a 5.5% dividend yield and has paid dividends for 55 straight years. Live Nation Entertainment is Malcolm Ethridge's final trade, while Jenny Van Leeuwen Harrington and Joshua Brown recommend Bristol-Myers Squibb and Live Nation Entertainment, respectively.

In the latest earnings report, ServiceNow, Inc. (NYSE:NOW) delivered a mixed performance, showcasing the complexities of a company that has achieved significant growth but faces challenges in maintaining investor confidence. The company reported Q2 revenue of $3.22 billion, surpassing analysts' estimates by $100 million. However, the stock has been underperforming, falling 25% from its 52-week high of $1,198.09 [2].

On Thursday, July 3rd, shares of ServiceNow shed 1.49% to $876.97, lagging behind competitors such as Salesforce Inc. (CRM), Oracle Corp. (ORCL), and Synopsys Inc. (SNPS) [2]. The underperformance comes despite the company's robust earnings report, which included earnings per share (EPS) of $4.09, beating estimates by $0.52, and a year-over-year revenue growth of 22.4% to $3.22 billion [1].

Several institutional investors have been adjusting their positions in ServiceNow. Vestmark Advisory Solutions Inc. increased its stake by 74.1% during the 1st quarter, acquiring an additional 5,606 shares and raising its total holdings to 13,176 shares valued at approximately $10.5 million [1]. Sandhill Capital Partners LLC, on the other hand, decreased its position by 1.8%, retaining 67,322 shares, which makes up 4.4% of its investment portfolio, valued at approximately $53.6 million [3].

Analysts have been mixed in their opinions on ServiceNow. Raymond James Financial, DA Davidson, and Oppenheimer have raised their price targets, while Canaccord Genuity Group has dropped its target. Overall, ServiceNow currently has a consensus rating of "Moderate Buy" with an average price target of $1,115.20 [1].

Insiders at ServiceNow have also been active in the stock market. Director Anita M. Sands sold 239 shares, and Director Lawrence Jackson sold 757 shares in the last quarter. These sales represent a 2.25% and 56.28% decrease in their ownership of the stock, respectively [1].

Despite the mixed signals from the market, ServiceNow's strong earnings and growth trajectory suggest that the company is well-positioned for future success. However, the stock's recent underperformance and the mixed analyst opinions highlight the challenges it faces in maintaining investor confidence.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-vestmark-advisory-solutions-inc-acquires-5606-shares-of-servicenow-inc-nysenow-2025-08-14/
[2] https://www.marketwatch.com/data-news/servicenow-inc-stock-underperforms-thursday-when-compared-to-competitors-e5dcb101-afd7be3de4a6
[3] https://www.marketbeat.com/instant-alerts/filing-servicenow-inc-now-is-sandhill-capital-partners-llcs-5th-largest-position-2025-08-20/