2026 Q1 -tulosraportti
52 päivää sitten
‧1 t 19 min
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| Aika | Hinta | Määrä | Ostaja | Myyjä |
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Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 22.7. |
| Menneet tapahtumat | ||
|---|---|---|
Vuosittainen yhtiökokous 2026 21.5. | ||
2026 Q1 -tulosraportti 22.4. | ||
2025 Q4 -tulosraportti 28.1. | ||
Ylimääräinen yhtiökokous 2025 5.12.2025 | ||
2025 Q3 -tulosraportti 29.10.2025 |
Asiakkaat katsoivat myös
Foorumi
Liity keskusteluun Nordnet Socialissa
·3 t sittenThe sell-off/sale came on fear that agentic AI eats SaaS. This week proved the opposite: USA export-controlled Anthropic's frontier models overnight, Microsoft refused the data terms. The message to any company that thought they would build their own agents directly on a raw API: that path is fragile and can break Friday evening. What do risk-averse companies do then? They let the trusted vendor take the model risk. That's ServiceNow's whole idea — broker the models, own the contracts and compliance, switch vendors under the hood without the agents breaking. More unstable model layer = more valuable orchestration layer above. The fundamentals never cracked: 22% subscription growth, 97% retention, $1,5 mrd Now Assist ACV target, raised guidance — yet ~55% below peak at ~26x P/E. A 20%+ growth machine at a sector-fear discount. The flight to safety is underway. NOW is the destination. Follow new agent-ACV next quarter.·3 t sittenWhen investors realize that NOW is a safe haven in an AI game that goes from letting anyone become a software expert to AI above a certain level being a national security risk, then the money goes out of Semi and right back into software. Exciting development!
·6 t sittenServiceNow usually reports Q2 at the end of July. If the pattern from previous years holds, it is likely that Q2 2026 will be reported around 22–24 July 2026. No official date seems to have been published yet. What the market expects The company's own guidance after Q1 is: Subscription revenues: 3,815–3,820 billion USD Growth: approximately 22.5 % year over year cRPO (Current Remaining Performance Obligations): approximately 19 % growth Operating margin (non-GAAP): approximately 26.5 % The most important thing to follow Positive factors The AI products (Now Assist, agentic AI) are growing very fast. The number of large deals continues to increase. Management has raised the full-year forecast after Q1. AI contracts seem to be developing faster than the company previously thought. Risks Delayed deals in the Middle East affected Q1 and may also affect Q2. The acquisition of Armis is pressuring margins during 2026. Investors are very focused on cRPO growth; if it becomes weak, the stock can react negatively even with a revenue beat. My assessment For the stock, revenue itself is no longer the most important thing. ServiceNow often beats its revenue guidance. What the market will look at is: AI growth (Now Assist/agentic AI) cRPO growth Comments on the delayed Middle East deals If the full-year forecast is raised again If ServiceNow reports: subscription revenues over 3.82 billion USD, cRPO over 20 %, and raises the full-year forecast, then I believe the stock can have a very strong upward reaction because the valuation has come down significantly from peak levels. If cRPO, however, falls below guidance, the market can punish the stock despite an otherwise strong quarter. As an investor, I think the most interesting question for Q2 is not "do they beat the forecast?" but rather: is AI a new growth engine that can keep ServiceNow above 20 % growth even in 2027–2028? That is the question that ultimately determines if the stock can double in a few years' time.- ·6 t sittenServiceNow is still seen by many analysts as the market leader in enterprise-ITSM Competitors in workflow automation and digitalization When ServiceNow sells broader platforms for automation, they also compete with: Salesforce Microsoft (Power Platform) Appian Pegasystems IBM Which is the best company in its class? If you look at quality, growth, profitability, and market position, many investors usually rank: ServiceNow Salesforce Atlassian Microsoft (via Power Platform and the Azure ecosystem) Pegasystems / Appian For a long-term investor, I would say: Best pure-play company: ServiceNow Best large alternative: Salesforce Most interesting challenger: Atlassian Safest investment: Microsoft Direct competition in ITSM and Enterprise Service Management Here, ServiceNow primarily competes with: Company Strength Compared to ServiceNow BMC Software Large enterprises, ITSM Closest "like-for-like" competitor Atlassian (Jira Service Management) DevOps, IT support Strongest among tech companies ManageEngine Lower cost Common alternative for mid-sized companies Freshworks Easier implementation Strong in mid-market Ivanti IT Operations and Endpoint Management Niche competitor ServiceNow has also become one of the biggest winners in AI-driven enterprise automation, which is an important reason why the stock is valued so highly today. If we look at the large SaaS companies in 2026, I think they can be divided as follows: Company Growth Profitability Valuation Quality ServiceNow Very high (~20–22%) High Expensive A+ Salesforce Medium (~8–10%) Very high Reasonable A Atlassian High (~25–30%) Improving rapidly Expensive A Microsoft Medium Extremely high Reasonable A+ Pegasystems Low–medium Good Cheaper B+ My ranking as an investment 1. ServiceNow What stands out is the combination of: ~22 % revenue growth recurring subscription revenues strong margins clear AI monetization The company guides for approximately 22–22.5 % subscription growth in 2026 and simultaneously has very strong cash flow. ServiceNow is still relatively small compared to Salesforce and Microsoft, which means the growth trajectory is longer. Many investors see it as the highest quality company in enterprise software right now. 2. Microsoft If I could only own one company in the sector for 10 years, Microsoft would have been the safest choice. Azure Copilot Office GitHub Datacenter The moat is enormous, and AI investments are difficult for competitors to match. 3. Atlassian The most interesting challenger. Atlassian is growing faster than both Salesforce and ServiceNow in several product areas and has exceptionally high gross margins. The risk is that the valuation often becomes high when the market discovers that type of quality. 4. Salesforce Much cheaper than ServiceNow but also significantly slower growth. Several analysts point to approximately 9–10 % growth compared to ServiceNow's just over 20 %.
- ·1 päivä sittenA 17% drop should have followed the plan and stopped out, but they also look long-term, they are generally right about the whole thing , and their P/E will be perfectly fine if they can grow as planned. Furthermore, that the CEO bought for 3 miljoner USD himself, I strongly approve of that , no free options or anything else, he took 3 mill and bought directly, that gives confidence for the future.
·1 päivä sittenWhat's the next move here? I'm down by 27%.. Do we expect it to come up again, break even and sell, or do I write them off and put the rest into something else, to close the wound a bit?
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
2026 Q1 -tulosraportti
52 päivää sitten
‧1 t 19 min
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
- ·3 t sittenThe sell-off/sale came on fear that agentic AI eats SaaS. This week proved the opposite: USA export-controlled Anthropic's frontier models overnight, Microsoft refused the data terms. The message to any company that thought they would build their own agents directly on a raw API: that path is fragile and can break Friday evening. What do risk-averse companies do then? They let the trusted vendor take the model risk. That's ServiceNow's whole idea — broker the models, own the contracts and compliance, switch vendors under the hood without the agents breaking. More unstable model layer = more valuable orchestration layer above. The fundamentals never cracked: 22% subscription growth, 97% retention, $1,5 mrd Now Assist ACV target, raised guidance — yet ~55% below peak at ~26x P/E. A 20%+ growth machine at a sector-fear discount. The flight to safety is underway. NOW is the destination. Follow new agent-ACV next quarter.·3 t sittenWhen investors realize that NOW is a safe haven in an AI game that goes from letting anyone become a software expert to AI above a certain level being a national security risk, then the money goes out of Semi and right back into software. Exciting development!
- ·6 t sittenServiceNow usually reports Q2 at the end of July. If the pattern from previous years holds, it is likely that Q2 2026 will be reported around 22–24 July 2026. No official date seems to have been published yet. What the market expects The company's own guidance after Q1 is: Subscription revenues: 3,815–3,820 billion USD Growth: approximately 22.5 % year over year cRPO (Current Remaining Performance Obligations): approximately 19 % growth Operating margin (non-GAAP): approximately 26.5 % The most important thing to follow Positive factors The AI products (Now Assist, agentic AI) are growing very fast. The number of large deals continues to increase. Management has raised the full-year forecast after Q1. AI contracts seem to be developing faster than the company previously thought. Risks Delayed deals in the Middle East affected Q1 and may also affect Q2. The acquisition of Armis is pressuring margins during 2026. Investors are very focused on cRPO growth; if it becomes weak, the stock can react negatively even with a revenue beat. My assessment For the stock, revenue itself is no longer the most important thing. ServiceNow often beats its revenue guidance. What the market will look at is: AI growth (Now Assist/agentic AI) cRPO growth Comments on the delayed Middle East deals If the full-year forecast is raised again If ServiceNow reports: subscription revenues over 3.82 billion USD, cRPO over 20 %, and raises the full-year forecast, then I believe the stock can have a very strong upward reaction because the valuation has come down significantly from peak levels. If cRPO, however, falls below guidance, the market can punish the stock despite an otherwise strong quarter. As an investor, I think the most interesting question for Q2 is not "do they beat the forecast?" but rather: is AI a new growth engine that can keep ServiceNow above 20 % growth even in 2027–2028? That is the question that ultimately determines if the stock can double in a few years' time.
- ·6 t sittenServiceNow is still seen by many analysts as the market leader in enterprise-ITSM Competitors in workflow automation and digitalization When ServiceNow sells broader platforms for automation, they also compete with: Salesforce Microsoft (Power Platform) Appian Pegasystems IBM Which is the best company in its class? If you look at quality, growth, profitability, and market position, many investors usually rank: ServiceNow Salesforce Atlassian Microsoft (via Power Platform and the Azure ecosystem) Pegasystems / Appian For a long-term investor, I would say: Best pure-play company: ServiceNow Best large alternative: Salesforce Most interesting challenger: Atlassian Safest investment: Microsoft Direct competition in ITSM and Enterprise Service Management Here, ServiceNow primarily competes with: Company Strength Compared to ServiceNow BMC Software Large enterprises, ITSM Closest "like-for-like" competitor Atlassian (Jira Service Management) DevOps, IT support Strongest among tech companies ManageEngine Lower cost Common alternative for mid-sized companies Freshworks Easier implementation Strong in mid-market Ivanti IT Operations and Endpoint Management Niche competitor ServiceNow has also become one of the biggest winners in AI-driven enterprise automation, which is an important reason why the stock is valued so highly today. If we look at the large SaaS companies in 2026, I think they can be divided as follows: Company Growth Profitability Valuation Quality ServiceNow Very high (~20–22%) High Expensive A+ Salesforce Medium (~8–10%) Very high Reasonable A Atlassian High (~25–30%) Improving rapidly Expensive A Microsoft Medium Extremely high Reasonable A+ Pegasystems Low–medium Good Cheaper B+ My ranking as an investment 1. ServiceNow What stands out is the combination of: ~22 % revenue growth recurring subscription revenues strong margins clear AI monetization The company guides for approximately 22–22.5 % subscription growth in 2026 and simultaneously has very strong cash flow. ServiceNow is still relatively small compared to Salesforce and Microsoft, which means the growth trajectory is longer. Many investors see it as the highest quality company in enterprise software right now. 2. Microsoft If I could only own one company in the sector for 10 years, Microsoft would have been the safest choice. Azure Copilot Office GitHub Datacenter The moat is enormous, and AI investments are difficult for competitors to match. 3. Atlassian The most interesting challenger. Atlassian is growing faster than both Salesforce and ServiceNow in several product areas and has exceptionally high gross margins. The risk is that the valuation often becomes high when the market discovers that type of quality. 4. Salesforce Much cheaper than ServiceNow but also significantly slower growth. Several analysts point to approximately 9–10 % growth compared to ServiceNow's just over 20 %.
- ·1 päivä sittenA 17% drop should have followed the plan and stopped out, but they also look long-term, they are generally right about the whole thing , and their P/E will be perfectly fine if they can grow as planned. Furthermore, that the CEO bought for 3 miljoner USD himself, I strongly approve of that , no free options or anything else, he took 3 mill and bought directly, that gives confidence for the future.
- ·1 päivä sittenWhat's the next move here? I'm down by 27%.. Do we expect it to come up again, break even and sell, or do I write them off and put the rest into something else, to close the wound a bit?
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 22.7. |
| Menneet tapahtumat | ||
|---|---|---|
Vuosittainen yhtiökokous 2026 21.5. | ||
2026 Q1 -tulosraportti 22.4. | ||
2025 Q4 -tulosraportti 28.1. | ||
Ylimääräinen yhtiökokous 2025 5.12.2025 | ||
2025 Q3 -tulosraportti 29.10.2025 |
2026 Q1 -tulosraportti
52 päivää sitten
‧1 t 19 min
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 22.7. |
| Menneet tapahtumat | ||
|---|---|---|
Vuosittainen yhtiökokous 2026 21.5. | ||
2026 Q1 -tulosraportti 22.4. | ||
2025 Q4 -tulosraportti 28.1. | ||
Ylimääräinen yhtiökokous 2025 5.12.2025 | ||
2025 Q3 -tulosraportti 29.10.2025 |
Foorumi
Liity keskusteluun Nordnet Socialissa
- ·3 t sittenThe sell-off/sale came on fear that agentic AI eats SaaS. This week proved the opposite: USA export-controlled Anthropic's frontier models overnight, Microsoft refused the data terms. The message to any company that thought they would build their own agents directly on a raw API: that path is fragile and can break Friday evening. What do risk-averse companies do then? They let the trusted vendor take the model risk. That's ServiceNow's whole idea — broker the models, own the contracts and compliance, switch vendors under the hood without the agents breaking. More unstable model layer = more valuable orchestration layer above. The fundamentals never cracked: 22% subscription growth, 97% retention, $1,5 mrd Now Assist ACV target, raised guidance — yet ~55% below peak at ~26x P/E. A 20%+ growth machine at a sector-fear discount. The flight to safety is underway. NOW is the destination. Follow new agent-ACV next quarter.·3 t sittenWhen investors realize that NOW is a safe haven in an AI game that goes from letting anyone become a software expert to AI above a certain level being a national security risk, then the money goes out of Semi and right back into software. Exciting development!
- ·6 t sittenServiceNow usually reports Q2 at the end of July. If the pattern from previous years holds, it is likely that Q2 2026 will be reported around 22–24 July 2026. No official date seems to have been published yet. What the market expects The company's own guidance after Q1 is: Subscription revenues: 3,815–3,820 billion USD Growth: approximately 22.5 % year over year cRPO (Current Remaining Performance Obligations): approximately 19 % growth Operating margin (non-GAAP): approximately 26.5 % The most important thing to follow Positive factors The AI products (Now Assist, agentic AI) are growing very fast. The number of large deals continues to increase. Management has raised the full-year forecast after Q1. AI contracts seem to be developing faster than the company previously thought. Risks Delayed deals in the Middle East affected Q1 and may also affect Q2. The acquisition of Armis is pressuring margins during 2026. Investors are very focused on cRPO growth; if it becomes weak, the stock can react negatively even with a revenue beat. My assessment For the stock, revenue itself is no longer the most important thing. ServiceNow often beats its revenue guidance. What the market will look at is: AI growth (Now Assist/agentic AI) cRPO growth Comments on the delayed Middle East deals If the full-year forecast is raised again If ServiceNow reports: subscription revenues over 3.82 billion USD, cRPO over 20 %, and raises the full-year forecast, then I believe the stock can have a very strong upward reaction because the valuation has come down significantly from peak levels. If cRPO, however, falls below guidance, the market can punish the stock despite an otherwise strong quarter. As an investor, I think the most interesting question for Q2 is not "do they beat the forecast?" but rather: is AI a new growth engine that can keep ServiceNow above 20 % growth even in 2027–2028? That is the question that ultimately determines if the stock can double in a few years' time.
- ·6 t sittenServiceNow is still seen by many analysts as the market leader in enterprise-ITSM Competitors in workflow automation and digitalization When ServiceNow sells broader platforms for automation, they also compete with: Salesforce Microsoft (Power Platform) Appian Pegasystems IBM Which is the best company in its class? If you look at quality, growth, profitability, and market position, many investors usually rank: ServiceNow Salesforce Atlassian Microsoft (via Power Platform and the Azure ecosystem) Pegasystems / Appian For a long-term investor, I would say: Best pure-play company: ServiceNow Best large alternative: Salesforce Most interesting challenger: Atlassian Safest investment: Microsoft Direct competition in ITSM and Enterprise Service Management Here, ServiceNow primarily competes with: Company Strength Compared to ServiceNow BMC Software Large enterprises, ITSM Closest "like-for-like" competitor Atlassian (Jira Service Management) DevOps, IT support Strongest among tech companies ManageEngine Lower cost Common alternative for mid-sized companies Freshworks Easier implementation Strong in mid-market Ivanti IT Operations and Endpoint Management Niche competitor ServiceNow has also become one of the biggest winners in AI-driven enterprise automation, which is an important reason why the stock is valued so highly today. If we look at the large SaaS companies in 2026, I think they can be divided as follows: Company Growth Profitability Valuation Quality ServiceNow Very high (~20–22%) High Expensive A+ Salesforce Medium (~8–10%) Very high Reasonable A Atlassian High (~25–30%) Improving rapidly Expensive A Microsoft Medium Extremely high Reasonable A+ Pegasystems Low–medium Good Cheaper B+ My ranking as an investment 1. ServiceNow What stands out is the combination of: ~22 % revenue growth recurring subscription revenues strong margins clear AI monetization The company guides for approximately 22–22.5 % subscription growth in 2026 and simultaneously has very strong cash flow. ServiceNow is still relatively small compared to Salesforce and Microsoft, which means the growth trajectory is longer. Many investors see it as the highest quality company in enterprise software right now. 2. Microsoft If I could only own one company in the sector for 10 years, Microsoft would have been the safest choice. Azure Copilot Office GitHub Datacenter The moat is enormous, and AI investments are difficult for competitors to match. 3. Atlassian The most interesting challenger. Atlassian is growing faster than both Salesforce and ServiceNow in several product areas and has exceptionally high gross margins. The risk is that the valuation often becomes high when the market discovers that type of quality. 4. Salesforce Much cheaper than ServiceNow but also significantly slower growth. Several analysts point to approximately 9–10 % growth compared to ServiceNow's just over 20 %.
- ·1 päivä sittenA 17% drop should have followed the plan and stopped out, but they also look long-term, they are generally right about the whole thing , and their P/E will be perfectly fine if they can grow as planned. Furthermore, that the CEO bought for 3 miljoner USD himself, I strongly approve of that , no free options or anything else, he took 3 mill and bought directly, that gives confidence for the future.
- ·1 päivä sittenWhat's the next move here? I'm down by 27%.. Do we expect it to come up again, break even and sell, or do I write them off and put the rest into something else, to close the wound a bit?
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt