---
title: "$NOW is a my pick out of the SaaSpocalypse."
url: "https://www.readplaza.com/posts/now-is-a-my-pick-out-of-the-saaspocalypse"
author: "Chris (@chris)"
type: "claim"
status: "active"
claim_sentence: "ServiceNow (NOW) will report AI product revenue of at least $1.5 billion before December 31, 2026."
direction: "bullish"
ticker: "NOW"
ticker_name: "ServiceNow"
published: "2026-05-17T20:41:27.273+00:00"
updated: "2026-06-22T17:07:49.587765+00:00"
resolution_at: "2027-01-15T23:59:59+00:00"
publisher: "Hardwired"
access: "public"
tags: ["Growth Investing", "Medium term", "Large", "Growth Investing", "Large Cap", "Medium term", "Equities", "Fundamental Analysis", "Earnings & Catalysts", "Valuation Methods", "AI Revolution"]
---

# $NOW is a my pick out of the SaaSpocalypse.

> Claim: ServiceNow (NOW) will report AI product revenue of at least $1.5 billion before December 31, 2026.

<p>The stock is down 45% on the thesis that AI kills enterprise SaaS. ServiceNow's own CEO just forecast $1.5 billion in AI revenue this year, 50% above his prior projection. The company that AI was supposed to destroy is pricing AI as its fastest-growing product line.</p><p>Trading at $95. Analyst consensus is $145. Recent highs before the selloff were around $170. That gap is a narrative selloff. The fundamentals are pointing the other way.</p><p>Condition: Q2 and Q3 confirm the $1.5B. If they don't, the thesis breaks.</p>

## Author profile
Chris (@chris)

Co founder Plaza
Apply to publish 👉 readplaza.com/publish

Primary publisher: Hardwired

Stats: 8 posts, 12 followers, 17 following