ServiceNow Option Alert: Jan 16 $1140 Puts at the Bid: 50 vs 74 OI

ServiceNow Option Alert: Jan 16 $1140 Puts at the Bid: 50 @ $203.6 vs 74 OI; Ref=$978.935

ServiceNow Option Alert: Mar 21 $1020 Puts at the Bid: 104 vs 1736 OI

ServiceNow Option Alert: Mar 21 $1020 Puts at the Bid: 104 @ $53.2 vs 1736 OI; Ref=$984.84

ServiceNow Option Alert: Mar 21 $1020 Puts at the Ask: 205 vs 1220 OI

ServiceNow Option Alert: Mar 21 $1020 Puts at the Ask: 205 @ $53.4 vs 1220 OI; Ref=$986.7

ServiceNow Option Alert: Mar, 2026 $920 Puts Sweep (18) near the Bid: 78 vs 0 OI

ServiceNow Option Alert: Mar, 2026 $920 Puts Sweep (18) near the Bid: 78 @ $86.401 vs 0 OI; Ref=$986.74

ServiceNow Option Alert: Jan, 2027 $960 Puts at the Bid: 50 vs 3 OI

ServiceNow Option Alert: Jan, 2027 $960 Puts at the Bid: 50 @ $133.5 vs 3 OI; Ref=$984.265

ServiceNow (NYSE:NOW) 주식

ServiceNow

ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.

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TSLA

미국 행정부가 중국과의 무역 긴장 완화를 시사하면서 투자자들의 위험선호도가 한 주 동안 반등했다. 도널드 트럼프 대통령은 제롬 파월 연방준비제도 의장을 해임할 의사가 없다고 밝혀 시장을 안심시켰다.

주간 시장 동향: 미국 증시 회복, 트럼프의 무역전쟁 완화, 달러 안정세 등

Silver,Tesla,Model,X,Electric,Car,,Closeup,Chromium-plated,Logo,Tesla

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$PYUSD

COIN

ENTG

HOOD

MBLY

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지난주 가장 성과가 좋았던 11개의 대형주는 다음과 같다.

테슬라·팔란티어·코인베이스 등 지난주 급등한 대형주 11종목 (4월 21~25일)

Servicenow,Office,Building,At,Their,Headquarters,In,Santa,Clara,,California,

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서비스나우 1분기 실적: 벤징가 프로에 따르면 서비스나우는 1분기 매출이 30억 9,000만 달러로 컨센서스 예상치 30억 8,000만 달러를 상회했다고 밝혔다. 서비스나우는 1분기 조정 주당순이익이 4.04달러로 애널리스트 예상치 주당 3.84달러를 상회했다고 보고했다.

서비스나우, 1분기 호실적 발표 후 시간외 10% 급등···&#34;엔터프라이즈급 AI의 &#39;플래티넘 표준&#39;&#34;

ServiceNow Inc

ChangeNOW Token

NOW CORP ORD by NOW CORP.

Nowigence Inc

NOWVERTICAL GROUP SUB VTG by NowVertical Group Inc.

NowVertical Group Inc

U.S. stocks settled higher on Friday, with the Nasdaq Composite jumping more than 1% during the session. Major indices also recorded gains last week, with the S&amp;P 500 adding 4.6% and the Nasdaq jumping 6.7%. The Dow also notched a weekly gain of 2.5%.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst&#8217;s opinion to trust.
Benzinga&#8217;s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.
Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. One of the ways traders can sort through Benzinga&#8217;s extensive database of analyst ratings is by analyst accuracy. Here&#8217;s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock</a> Ratings.
Analyst: Richard Davis
<ul>
<li>Analyst Firm: Canaccord Genuity</li>
<li>Ratings Accuracy: 87%</li>
<li>Latest Rating: Maintained a Buy rating on ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) and increased the price target from $900 to $1,075 on April 24. This analyst sees around 14% upside in the stock.</li>
<li>Recent News: On April 23, ServiceNow reported better-than-expected first-quarter financial results.</li>
</ul>
Analyst: Jay McCanless
<ul>
<li>Analyst Firm: Wedbush</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained a Neutral rating on Century Communities, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCS#NYSE">CCS</a>) and cut the price target from $93 to $88 on April 24. This analyst sees around 61% surge in the stock.</li>
<li>Recent News: On April 23, Century Communities reported first-quarter financial results and missed its adjusted EPS and revenue estimates.</li>
</ul>
Analyst: Doug Anmuth 
<ul>
<li>Analyst Firm: JP Morgan</li>
<li>Ratings Accuracy: 85%</li>
<li>Latest Rating: Maintained an Overweight rating on Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) and raised the price target from $180 to $195 on April 25. This analyst sees around 19% upside in the stock.</li>
<li>Recent News: On April 24, Alphabet reported better-than-expected first-quarter financial results and announced a 5% increase to the dividend with the quarterly payout going to 21 cents per share.</li>
</ul>
Analyst: Matthew McClintock
<ul>
<li>Analyst Firm: Raymond James</li>
<li>Ratings Accuracy: 84%</li>
<li>Latest Rating: Maintained an Outperform rating on Tractor Supply Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) and cut the price target from $61 to $57 on April 25. This analyst sees around 14% upside in the stock.</li>
<li>Recent News: On April 24, The company reported quarterly earnings per share of 34 cents, missing the analyst consensus estimate of 37 cents. Quarterly revenues of $3.47 billion (up 2.1% year over year) missed the street view of $3.54 billion.</li>
</ul>
Analyst: Zachary Fadem
<ul>
<li>Analyst Firm: Wells Fargo</li>
<li>Ratings Accuracy: 84%</li>
<li>Latest Rating: Maintained an Overweight rating on Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) and cut the price target from $60 to $55 on April 24. This analyst sees around 6% upside in the stock.</li>
<li>Recent News: On April 23, Chipotle Mexican Grill reported worse-than-expected first-quarter sales results.</li>
</ul>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/04/45007044/wall-streets-most-accurate-analysts-give-their-take-on-3-real-estate-stocks-delivering-high-dividend-yields-5">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Real Estate Stocks Delivering High-Dividend Yields</a> </li>
</ul>
Photo via Shutterstock

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5 Stocks In The Spotlight Last Week:  Wall Street's Most Accurate Analysts Weigh In

These eleven large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Mobileye Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) shares jumped 27.23% after the company reported better-than-expected first-quarter sales results and issued second-quarter <a href="https://www.benzinga.com//node/44978234" target="_blank" rel="noreferrer noopener">sales guidance above estimates</a>. Analysts revised the<a href="https://www.benzinga.com/quote/mbly/analyst-ratings" target="_blank" rel="noreferrer noopener"> price forecast on the stock</a>.</li>
<li>Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) shares rose 22.82%.</li>
<li>ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) stock rocketed 22.42% after the company reported better-than-expected financial results and <a href="https://www.benzinga.com//node/44986106" target="_blank" rel="noreferrer noopener">analysts boosted the price forecast</a>.</li>
<li>Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) shares were up 21.60%, probably amid overall market strength due to March&#8217;s strong durable goods orders economic data and President Trump&#8217;s announcement that he met with China.</li>
<li>Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) stock gained 20.26% last week amid recent defense partnerships.</li>
<li>Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) shares increased 20.08% as broader financial sector stocks gained amid overall market strength.</li>
<li>Coinbase Global, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) stock was up 19.77% after the company expanded its partnership with PayPal Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>). The partnership aims to increase the <a href="https://www.benzinga.com//node/44991653" target="_blank" rel="noreferrer noopener">adoption and utility</a> of PayPal&#8217;s U.S. dollar-backed stablecoin (CRYPTO: PYUSD).</li>
<li>Vertiv Holdings, LLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) stock upped 18.77% after the company reported better-than-expected financial results and raised <a href="https://www.benzinga.com//node/44953772" target="_blank" rel="noreferrer noopener">its full-year sales guidance</a>.</li>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock gained 18.06% last week. The company reported <a href="https://www.benzinga.com//node/44937440" target="_blank" rel="noreferrer noopener">underwhelming Q1 results</a>, but the hype about a low-cost EV and Robotaxi had a positive impact.</li>
<li>Entegris, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENTG#NASDAQ">ENTG</a>) stock gained 17.46% last week as shares of semiconductor companies gained amid overall market strength.</li>
<li>SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) shares rose 16.94%.</li>
</ol>
Image Via Shutterstock

Tesla, Palantir And Coinbase Are Among Top 11 Large-Cap Gainers Last Week (Apr 21-Apr 25): Are The Others In Your Portfolio?

Benzinga examined the prospects for <a href="http://www.benzinga.com/trading-ideas" target="_blank" rel="noreferrer noopener">many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.
U.S. markets rebounded this week as President Donald Trump softened his stance on trade and monetary policy. He indicated that tariffs on Chinese imports could decrease from the current 145% and affirmed his support for Federal Reserve Chair Jerome Powell, alleviating investor concerns about central bank independence.
The S&amp;P 500 regained nearly 80% of its post-April 2 losses, with notable gains in technology stocks. ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) led with a 20% weekly increase, while Tesla (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NYSE">TSLA</a>) surged 9.9% after CEO Elon Musk announced a reduced focus on the Department of Government Efficiency (DOGE).
Despite the rally, economic indicators signaled caution. U.S. private sector growth slowed to a 16-month low, and consumer sentiment declined sharply. Inflation expectations rose, with one-year forecasts reaching 6.5%, the highest since 1981, suggesting persistent economic uncertainty.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.
The Bulls
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44935008/netflix-stock-nears-all-time-high-whats-going-on">"Netflix stock nears all-time high: What's going on?"</a>, by Adam Eckert, reports that Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) shares approached record highs following strong Q1 earnings—$10.54 billion in revenue and $6.61 EPS—driven by robust subscription and advertising growth, with analysts raising price targets up to $1,514 and highlighting the company's insulation from global tariffs due to its digital-only business model.
<a href="https://www.benzinga.com/general/biotech/25/04/44963467/why-is-summit-therapeutics-stock-soaring-on-wednesday">"Why Is Summit Therapeutics Stock Soaring On Wednesday?"</a>, by Vandana Singh, reports that Summit Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) shares surged after partner Akeso, Inc. announced that their Phase 3 HARMONi-6 trial met its primary endpoint, with ivonescimab plus chemotherapy showing a statistically significant improvement in progression-free survival over BeiGene Ltd.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONC#NASDAQ">ONC</a>) tislelizumab combo in patients with advanced squamous non-small cell lung cancer.
<a href="https://www.benzinga.com/general/biotech/25/04/44966369/novavaxs-covid-19-vaccine-nears-fda-full-approval-stock-jumps">"Novavax's COVID-19 Vaccine Nears FDA Full Approval, Stock Jumps"</a>, by Vandana Singh, reports that Novavax Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVAX#NASDAQ">NVAX</a>) shares rose after the company stated its Biologics License Application is approvable and awaits FDA response following a post-marketing data request.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/news/earnings/25/04/44998075/celestica-beats-q1-estimates-raises-fy-outlook-on-strengthening-demand-shares-slide">Celestica Beats Q1 Estimates, Raises FY Outlook On ‘Strengthening Demand,' Shares Slide</a>
<a href="https://www.benzinga.com/25/04/44927300/this-nvidia-backed-ai-upstart-boasts-extremely-rapid-revenue-growth-analyst-initiates-overweight">Nvidia-Backed AI Startup Boasts ‘Extremely Rapid Revenue Growth' &#8211; JPMorgan Initiates With Overweight</a>
<a href="https://www.benzinga.com/trading-ideas/movers/25/04/44995270/why-is-rocket-lab-stock-trading-higher-on-thursday">Why Is Rocket Lab Stock Trading Higher On Thursday?</a>
The Bears
<a href="https://www.benzinga.com/news/earnings/25/04/44996628/intel-q1-earnings-revenue-beat-eps-beat-shares-tumble-on-weak-guidance-chipmaker-plans-swift-actions-to-drive-efficiency">"Intel Q1 earnings: Revenue beat, EPS beat, shares tumble on weak guidance, chipmaker plans ‘swift actions' to drive efficiency"</a>, by Adam Eckert, reports that Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) shares fell after the company reported first-quarter revenue of $12.67 billion and adjusted earnings of 13 cents per share, both surpassing analyst expectations, but issued a disappointing second-quarter revenue forecast of $11.2–$12.4 billion, prompting CEO Lip-Bu Tan to announce organizational streamlining and cost-cutting measures to enhance efficiency.
<a href="https://www.benzinga.com/25/04/44903087/amazon-stock-downgraded-price-target-slashed-as-tariffs-create-uncertainty">"Amazon stock downgraded, price target slashed as tariffs create uncertainty"</a>, by Erica Kollmann, reports that Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) shares fell after Raymond James analyst Josh Beck downgraded the stock from Strong Buy to Outperform and cut the price target from $275 to $195, citing underestimated EBIT pressures from tariffs and macroeconomic headwinds.
<a href="https://www.benzinga.com/news/earnings/25/04/44966124/ibm-shares-slide-despite-better-than-expected-q1-details">"IBM Shares Slide Despite Better-Than-Expected Q1: Details"</a>, by Erica Kollmann, reports that International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) shares fell despite beating Q1 expectations with $1.60 EPS and $14.54 billion in revenue, as investors reacted to CEO Arvind Krishna's warning that economic uncertainty may cause clients to pause spending.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/analyst-ratings/price-target/25/04/44962797/enphase-energy-stock-is-tumbling-wednesday-why-investors-are-selling-shares">Enphase Energy Stock Is Tumbling Wednesday: Why Investors Are Selling Shares</a>
<a href="https://www.benzinga.com/analyst-ratings/reiteration/25/04/44965222/metas-fundamentals-look-fragile-heading-into-q1-report-analyst-warns">Meta's Fundamentals Look Fragile Heading Into Q1 Report, Analyst Warns</a>
<a href="https://www.benzinga.com/news/earnings/25/04/44995935/t-mobile-shares-drop-despite-better-than-expected-q1-report-details">T-Mobile Shares Drop Despite Better-Than-Expected Q1 Report: Details</a>
Keep up with all the latest breaking news and trading ideas by following <a href="https://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener">Benzinga</a><a href="http://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener"> on X</a>.
Image created using artificial intelligence via Midjourney.

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Benzinga Bulls And Bears: Netflix, Novavax, Intel — And The Market Begins To Bounce Back

Investor risk appetite rebounded over the week as the U.S. administration signaled a de-escalation in trade tensions with China. President Donald Trump also reassured markets that he has no intention of firing Federal <a href="https://www.benzinga.com/government/regulations/25/04/44977395/trump-backs-off-firing-powell-after-walmart-target-ceos-warn-him-of-empty-store-shelves">Reserve Chair Jerome Powell.</a>
Reports suggested China is considering suspending its 125% tariff <a href="https://www.benzinga.com/news/global/25/04/45004954/china-reportedly-begins-exempting-key-us-imports-from-tariffs-including-pharma-and-aerospace-parts">on select U.S. imports</a>, following indications that Washington may cut tariffs on Chinese goods. Trump hinted that negotiations with Beijing are ongoing, even as Chinese authorities denied any such talks were taking place.
The sell-off that had weighed on U.S. Treasuries and the dollar the previous weeks came to a halt, as investors found reassurance in the central bank's independence.
The S&amp;P 500 has now recouped nearly 80% of the losses suffered since the post–April 2 "Liberation Day" downturn.
Yet, recent business and consumer surveys paint a less optimistic picture. U.S. private sector growth slowed in April to its weakest pace in 16 months, according to flash <a href="https://www.benzinga.com/government/regulations/25/04/44952395/us-business-activity-growth-slows-in-april-as-services-suffer-tariff-shock-markets-rally-as-trade-war-cools">Purchasing Managers' Index data.</a> 
Business expectations for the year ahead have dropped to near-COVID-19 pandemic lows, while prices for goods and services rose at the fastest pace in over a year, particularly in manufacturing, where tariffs are playing a key role in driving costs higher.
Consumer sentiment also deteriorated sharply. The University of Michigan's gauge fell 8% this month, with expectations down 32% since January — the steepest three-month drop since the 1990 recession. One-year inflation expectations surged from 5% to 6.5%, the highest since 1981, while long-term inflation expectations rose from 4.1% to 4.4%.
Among individual stocks, ServiceNow Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NASDAQ">NOW</a>) led the S&amp;P 500 with a 20% weekly gain on strong earnings <a href="https://www.benzinga.com/25/04/44986106/servicenows-1q-reflects-no-material-signs-of-strain-from-tariff-related-macro-uncertainties-analysts-raise-price-targets">and upbeat forward guidance</a>. In contrast, Northrop Grumman Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) fell 15% after <a href="https://www.benzinga.com/25/04/44965915/northrop-grummans-strategic-edge-lies-in-classified-space-and-electronic-warfare-programs-but-market-focused-on-short-term-issues-analyst">cutting its 2025 outlook.</a>
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) posted its biggest weekly rally since early November 2024, despite underwhelming earnings. Investors cheered Elon Musk's pledge to reduce his involvement in Dogecoin and refocus <a href="https://www.benzinga.com/markets/25/04/44974342/elon-musks-wealth-skyrockets-by-billions-as-tesla-stock-rallies-after-billionaire-ceo-steps-back-from-doge">on leading the EV company.</a>
Looking ahead, macroeconomic data and earnings will dominate the headlines next week. 
Four members of the Magnificent Seven will report earnings next week, with Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>) and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) set for Wednesday, followed by Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) on Thursday.
Thursday brings the release of the advance estimate for first-quarter GDP and the Fed's preferred inflation gauge for March, followed on Friday by the closely watched April jobs report, offering fresh clues on how tariffs are affecting the labor market.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/25/04/45020833/qqq-etf-faces-worst-week-of-outflows-since-november-as-investors-sell-the-tech-rally">QQQ ETF Faces Worst Week Of Outflows Since November As Investors Sell The Tech Rally</a></li>
</ul>
Photo: Shutterstock

Wall Street Recovers, Dollar Steadies As Trump Tempers Trade Fight, Signals Support For Powell: This Week In Markets

Trading in shares of ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) is quiet on Friday. This comes after Thursday's rally of more than 15%. The company reported earnings of $4.04 per share, which was ahead of consensus estimates of $3.83.
If the stock keeps moving ahead, there is a good chance it can stall out around the $1,000 level. This is why our team of technical analysts has made it our Stock of the Day.
You can see on the chart that this level was support in November, January and February.
Round levels, such as $1,000, are called psychological levels by traders. From a fundamental point of view, meaning considering earnings, there is no valid reason why the $1,000 level is important. But people like to place orders at nice round levels and that gives them importance.
Now that the price of the stock is lower, many of the people who bought shares regret doing so. Some of them have vowed to exit their positions if and when they can eventually do so at breakeven.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="566" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25112018/one-1024x566.png" alt="" class="wp-image-889103" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25112018/one-1024x566.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25112018/one-300x166.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25112018/one-768x424.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25112018/one.png 1495w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Also: <a href="https://www.benzinga.com/25/04/44988897/china-trade-war-4-big-brand-stocks-that-will-suffer-most">China Trade War: 4 Big-Brand Stocks That Will Suffer Most</a>
As a result of this, if the stock rallies back up to around $1,000, these remorseful buyers will place sell orders. If there is a significant number of these sell orders, it will form resistance at the price that had been support.
This could put a top on the move higher.
Support turning into resistance is a common occurrence in markets. This dynamic can be seen on the chart with the $868 level. It was support in October, and then it became a resistance level in March.
Sometimes, if a stock is trending higher, a trader may have trouble deciding where to sell it. Savvy traders let the market tell them where to place their orders.
If the price gets close to a level that was support in the past, there is a good chance it finds resistance at it. This would be a logical place to consider selling.
Read Next: • <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/45007990/stay-big-sell-rips-hartnett-doubts-bull-market-without-3-key-catalysts">&#8216;Stay BIG, Sell Rips&#8217;: Hartnett Doubts Bull Market Without 3 Key Catalysts</a>
Photo: JHVEPhoto / Shutterstock

Technicals

Stock Of The Day: Where Will The ServiceNow Rally End?

Barclays analyst Raimo Lenschow maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Overweight and raises the price target from $967 to $969.

Barclays Maintains Overweight on ServiceNow, Raises Price Target to $969

Needham analyst Mike Cikos maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Buy and lowers the price target from $1200 to $1050.

Needham Maintains Buy on ServiceNow, Lowers Price Target to $1050

RBC Capital analyst Matthew Hedberg maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Outperform and raises the price target from $975 to $1060.

RBC Capital Maintains Outperform on ServiceNow, Raises Price Target to $1060

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>UBS raised General Dynamics Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>) price target from $268 to $279. UBS analyst Gavin Parsons maintained a Neutral rating. General Dynamics shares closed at $265.73 on Wednesday. <a href="https://www.benzinga.com/quote/GD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley cut the price target for Valero Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLO#NYSE">VLO</a>) from $160 to $145. Morgan Stanley maintained an Overweight rating. Valero Energy shares closed at $114.50 on Wednesday. <a href="https://www.benzinga.com/quote/VLO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Guggenheim boosted ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) price target from $716 to $724. Guggenheim analyst John Difucci maintained a Sell rating. ServiceNow shares closed at $812.70 on Wednesday. See how other analysts <a href="https://www.benzinga.com/quote/NOW/analyst-ratings">view this stock</a>.</li>
<li>Citigroup cut the price target for AMC Entertainment Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) from $2.8 to $2.3. Citigroup analyst Jason Bazinet maintained a Sell rating. AMC shares closed at $2.71 on Wednesday. <a href="https://www.benzinga.com/quote/AMC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Cantor Fitzgerald cut the price target for Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) from $200 to $170. Cantor Fitzgerald analyst Matthew Prisco maintained a Neutral rating. Texas Instruments shares closed at $152.15 on Wednesday. See how other analysts <a href="https://www.benzinga.com/quote/TXN/analyst-ratings">view this stock</a>.</li>
<li>Keefe, Bruyette &amp; Woods cut Trustmark Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMK#NASDAQ">TRMK</a>) price target from $45 to $43. Keefe, Bruyette &amp; Woods analyst Catherine Mealor maintained an Outperform rating. Trustmark shares settled at $33.88 on Wednesday. <a href="https://www.benzinga.com/quote/TRMK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan slashed UnitedHealth Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) price target from $652 to $525. JP Morgan analyst Lisa Gill maintained an Overweight rating. UnitedHealth shares closed at $427.96 on Wednesday. <a href="https://www.benzinga.com/quote/UNH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler cut ResMed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>) price target from $260 to $248. Piper Sandler analyst Adam Maeder maintained a Neutral rating. ResMed shares closed at $214.44 on Wednesday.  <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Scotiabank cut the price target for Freshworks Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSH#NASDAQ">FRSH</a>) from $19 to $14. Scotiabank analyst Nick Altmann maintained a Sector Perform rating. Freshworks shares settled at $12.78 on Wednesday. <a href="https://www.benzinga.com/quote/FRSH/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel slashed Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) price target from $455 to $450. Stifel analyst Stephen Gengaro maintained a Buy rating. Tesla shares closed at $250.74 on Wednesday. <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying TSLA stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="595" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/24132433/image-156-1024x595.png" alt="" class="wp-image-887193" style="width:620px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/24132433/image-156-1024x595.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/24132433/image-156-300x174.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/24132433/image-156-768x446.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/24132433/image-156.png 1102w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/04/44948767/top-2-consumer-stocks-that-may-implode-this-month">Top 2 Consumer Stocks That May Implode This Month</a> </li>
</ul>
Photo via Shutterstock

FRSH

TRMK

Tesla To $450? Here Are 10 Top Analyst Forecasts For Thursday

UBS analyst Karl Keirstead maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Buy and raises the price target from $900 to $1025.

UBS Maintains Buy on ServiceNow, Raises Price Target to $1025

Morgan Stanley analyst Keith Weiss maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Equal-Weight and raises the price target from $881 to $950.

Morgan Stanley Maintains Equal-Weight on ServiceNow, Raises Price Target to $950

U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade <a href="https://www.benzinga.com/markets">tensions boosts risk sentiment.</a>
Positive quarterly results and robust guidance from U.S. firms is fueling hopes the economy can weather the ongoing tariff headwinds and avoid a recession.
Meanwhile, signs of a potential thaw in the U.S.-China trade conflict emerged, with the White House reportedly considering exceptions for certain Chinese auto parts.
At midday trading in New York, the Nasdaq 100 surged 2.2%, climbing above the 19,000 mark for the first time in two weeks. The S&amp;P 500 advanced 1.5%, while the Dow Jones Industrial Average underperformed, rising 0.9%.
Technology stocks broadly outperformed, with strength concentrated in the Magnificent Seven and the semiconductor space.
Among major movers, ServiceNow Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NASDAQ">NOW</a>) soared 15% after reporting results that beat Wall Street expectations and issuing bullish forward guidance. In contrast, shares of International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) slumped 8% as the tech giant showed lower-than-expected non-GAAP earnings. 
In the consumer staples sector, Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) dropped more than 5% after missing revenue estimates.
Treasury yields continued to ease, with yields on the 10-year Treasury down 5 basis points to 4.33%. 
Gold rebounded modestly after suffering a 2.7% slide on Wednesday. Natural gas prices extended their losing streak, plunging 4.9% and heading for a tenth consecutive negative session. 
In the crypto market, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) eased 0.5% to trade at $93,300. 
<h2 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h2>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,095.73</td>
<td>2.2%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,456.36</td>
<td>1.5%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1,943.95</td>
<td>1.3%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,944.47</td>
<td>0.9%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:15 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 1.5% up to $543.71.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.9% to $399.51.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rallied 2.1% to $464.72.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 1.5% to $193.08.</li>
<li>The&nbsp;Technology&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 3%; the&nbsp;Consumer Staples&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) lagged, down 0.8%.</li>
</ul>
<h2 class="wp-block-heading">Thursday&#8217;s Stock Movers</h2>
Stocks reacting to earnings included: 
<ul>
<li>Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>): up 0.6%</li>
<li>O'Reilly Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>): down 3.1%</li>
<li>Raymond James Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJF#NYSE">RJF</a>): up 0.7%</li>
<li>Molina Healthcare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>): down 6.4%</li>
<li>Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>): up 6.0%</li>
<li>FirstEnergy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FE#NYSE">FE</a>): up 0.4%</li>
<li>ServiceNow, Inc. up 14.9%</li>
<li>Lam Research Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>): up 5.5%</li>
<li>ResMed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>): up 10.0%</li>
<li>Discover Financial Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>): up 3.6%</li>
<li>International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>): down 7.6%</li>
<li>Newmont Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>): up 3.6%</li>
<li>Rollins, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROL#NYSE">ROL</a>): up 1.2%</li>
<li>United Rentals, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>): up 8.9%</li>
<li>Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>): down 3.0%</li>
<li>Edwards Lifesciences Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>): up 7.1%</li>
<li>Las Vegas Sands Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>): up 5.2%</li>
<li>Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>): down 9.7%</li>
<li>American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>): up 2.3%</li>
<li>PepsiCo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>): down 4.1%</li>
<li>CBRE Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>): up 2.5%</li>
<li>Entergy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>): up 0.4%</li>
<li>The Procter &amp; Gamble Company: down 5.3%</li>
<li>Bristol-Myers Squibb Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>): down 0.2%</li>
<li>Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>): down 0.2%</li>
<li>Valero Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLO#NYSE">VLO</a>): down 1.8%</li>
<li>Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>): down 5.3%</li>
<li>Dow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>): up 2.1%</li>
<li>Willis Towers Watson Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTW#NASDAQ">WTW</a>): down 5.2%</li>
<li>Tractor Supply Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>): down 4.8%</li>
<li>Hasbro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>): up 16.1%</li>
<li>CMS Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMS#NYSE">CMS</a>): up 2.3%</li>
<li>Xcel Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>): down 1.8%</li>
<li>CenterPoint Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNP#NYSE">CNP</a>): up 1.8%</li>
<li>LKQ Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKQ#NASDAQ">LKQ</a>): down 10.7%</li>
<li>PG&amp;E Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>): down 0.8%</li>
<li>Keurig Dr Pepper Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KDP#NASDAQ">KDP</a>): down 0.6%</li>
<li>Freeport-McMoRan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>): up 5.5%</li>
<li>Merck &amp; Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>): down 0.6%</li>
<li>Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>): down 0.4%</li>
<li>L3Harris Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>): up 0.4%</li>
<li>Pool Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>): down 6.1%</li>
<li>Dover Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOV#NYSE">DOV</a>): up 1.8%</li>
<li>West Pharmaceutical Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>): down 2.2%</li>
<li>Ameriprise Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>): down 0.2%</li>
<li>Fiserv, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>): down 16.4%</li>
<li>The Interpublic Group of Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>): up 3.4%</li>
<li>Allegion plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLE#NYSE">ALLE</a>): up 9.7%</li>
<li>Union Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>): down 3.1%</li>
</ul>
Stocks slated to report earnings after the bell include T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), VeriSign, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRSN#NASDAQ">VRSN</a>), Eastman Chemical Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMN#NYSE">EMN</a>), Principal Financial Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>), Physicians Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOC#NYSE">DOC</a>), The Hartford Financial Services Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIG#NYSE">HIG</a>), Weyerhaeuser Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WY#NYSE">WY</a>), Republic Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSG#NYSE">RSG</a>), Digital Realty Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>), Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>), Erie Indemnity Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIE#NASDAQ">ERIE</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), and Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).
Read also: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44985682/apples-ai-delays-rising-cost-pressures-trigger-price-target-cut-from-bank-of-america">Apple AI Delays, Rising Cost Pressures Trigger Price Target Cut From Bank Of America</a></li>
</ul>
Photo: Shutterstock

Analyst Color

$BTC

ALLE

CBRE

CMCSA

SPDR Dow Jones Industrial Average ETF Trust

ERIE

GILD

GOOGL

LRCX

NDAQ

ORLY

POOL

VRSN

Select Sector SPDR-Consumer Discretionary

Wall Street Rally Extends Into Third Day: What's Driving Markets Thursday?

Guggenheim analyst John Difucci maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Sell and raises the price target from $716 to $724.

Guggenheim Maintains Sell on ServiceNow, Raises Price Target to $724

Cantor Fitzgerald analyst Thomas Blakey reiterates ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Overweight and maintains $1048 price target.

Reiteration

Cantor Fitzgerald Reiterates Overweight on ServiceNow, Maintains $1048 Price Target

Shares of ServiceNow Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) climbed after the company Wednesday reported <a href="https://www.benzinga.com/news/earnings/25/04/44966273/servicenow-stock-surges-on-q1-earnings-beat-company-says-its-positioned-as-the-platinum-standard-for-enterprise-grade-ai">upbeat first-quarter results</a>.
Here are some key analyst takeaways.
<ul>
<li>JPMorgan <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58d5296ab85e930001416e5a/mark-murphy">analyst Mark Murphy</a> reaffirmed an Overweight rating, while raising the price target from $970 to $1,020.</li>
<li>Goldman Sachs <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58c6ab8db85e9300015f1ae0/kash-rangan">analyst Kash Rangan</a> maintained a Buy rating, while raising the price target from $1,050 to $1,150.</li>
</ul>
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
JPMorgan: ServiceNow's quarterly results did not reflect any "material signs of strain," providing a "welcome upside surprise in an uncertain environment," Murphy said in a note. The company's total revenue came in at $3.09 billion, up 18.5% year-on-year, driven by higher-than-expected subscription revenues of $3.01 billion.
ServiceNow modestly reduced its full-year subscription revenue growth outlook by 25 basis points to 19.5% in constant currency terms. However, he added that the US dollar guidance constitutes an upward revision by $5 million, reflecting lower-than-expected currency headwinds offset by "a slightly smaller magnitude of incremental macro-related conservatism."
Goldman Sachs: ServiceNow reported strong quarterly results, with "outperformance on all key metrics," reflecting "an exercise in prudence amid ongoing geopolitical uncertainty and potential Federal IT spending rationalization," Rangan said. What stood out in the quarter was the company's better-than-expected cRPO (current remaining performance obligation), which grew 22% in constant currency terms, he added.
Management left guidance broadly unchanged, which is "instilling investor confidence," the analyst stated. While concerns around Fed and tariff impacts are likely to continue, the combination of cRPO growth and 85% of revenues already contracted in backlog "leaves us constructive on the company's ability to at least achieve its Subs Revenue guide," he further wrote.
Price Action: Shares of ServiceNowhad risen by 14.47% to $930.26 at the time of publication on Thursday.
Read More: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44957442/servicenow-1q-preview-investor-may-have-become-too-pessimistic-says-bullish-analyst">JPMorgan Says Investors May Be &#8216;Too Pessimistic&#8217; On ServiceNow Ahead Of Earnings</a></li>
</ul>
Image: Shutterstock

Earnings Beats

ServiceNow Suffers No 'Material Signs' Of Strain: Analysts

U.S. stocks were higher, with the Nasdaq Composite gaining around 300 points on Thursday.
Shares of Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) rose sharply during Thursday's session after the company reported first-quarter financial results and beat its <a href="https://in.benzinga.com/trading-ideas/movers/25/04/44984438/whats-going-on-with-texas-instruments-stock-thursday">EPS and sales estimates</a>.
Texas Instruments reported earnings per share of $1.28, beating analysts' estimate of $1.07. In addition, the company reported sales of $4.07 billion, beating analysts' estimate of $3.91 billion and representing an 11% year-over-year growth.
The company also issued guidance for the second-quarter. It sees earnings per share from $1.21 to $1.47, versus analysts' estimate of $1.23. Furthermore, it sees sales from $4.17 billion to $4.53 billion, versus analysts' estimate of $4.13 billion.
Texas Instruments shares gained 6.3% to $161.75 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>TMC the metals company Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMC#NASDAQ">TMC</a>) shares jumped 31.8% to $3.36 following a Reuters report indicating President Trump is expected to sign an executive order to advance the deep sea mining industry.</li>
<li>Community Health Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CYH#NYSE">CYH</a>) surged 27% to $3.0850 after the company reported better-than-expected first-quarter financial results.</li>
<li>Pony AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) gained 27% to $6.91 after the announcement that Hesai&#8217;s lidar sensor technology was selected for Pony&#8217;s AI robotaxis.</li>
<li>Ardagh Metal Packaging S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBP#NYSE">AMBP</a>) rose 25.7% to $3.47 after the company reported a year-over-year increase in first-quarter adjusted EPS results and better-than-expected revenue results. Additionally, the company raised its FY25 adjusted EBITDA guidance.</li>
<li>Lufax Holding Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LU#NYSE">LU</a>) gained 18.8% to $3.1150.</li>
<li>Impinj, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PI#NASDAQ">PI</a>) jumped 18% to $90.98 after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates.</li>
<li>Hasbro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) gained 15% to $60.60 after the company reported better-than-expected quarterly financial results.</li>
<li>ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) jumped 14.7% to $932.10 after the company reported better-than-expected quarterly financial results.</li>
<li>Allegion plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLE#NYSE">ALLE</a>) gained 10.7% to $139.94 following a first-quarter adjusted EPS and revenue beat.</li>
<li>ResMed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>) gained 10.2% to $236.36 after the company reported better-than-expected quarterly adjusted EPS results. Also, Keybanc maintained an Overweight rating on the stock and raised its price target from $269 to $274.</li>
<li>Lattice Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>) gained 10% to $48.27.</li>
<li>Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) jumped 9.6% to $45.96.</li>
<li>CACI International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CACI#NYSE">CACI</a>) gained 9.5% to $463.80 after the company reported better-than-expected third-quarter financial results and raised its FY25 guidance.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) rose 8.7% to $24.39.</li>
<li>United Rentals, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) gained 8.5% to $639.25 after the company reported better-than-expected quarterly sales results.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/04/44948767/top-2-consumer-stocks-that-may-implode-this-month">Top 2 Consumer Stocks That May Implode This Month</a></li>
</ul>

Intraday Update

AMBP

ASTS

CACI

LSCC

PONY

Texas Instruments Posts Better-Than-Expected Results, Joins Community Health Systems, Hasbro, ServiceNow, ResMed And Other Big Stocks Moving Higher On Thursday

JP Morgan analyst Mark Murphy maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Overweight and raises the price target from $970 to $1020.

JP Morgan Maintains Overweight on ServiceNow, Raises Price Target to $1020

ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) shares are trading higher Thursday after the company reported better-than-expected <a href="https://www.benzinga.com//node/44966273">first-quarter financial results</a>.
What To Know: The company reported adjusted earnings per share of $4.04, beating analysts&#8217; estimate of $3.84. In addition, the company reported sales of $3.09 billion, beating analysts&#8217; estimate of $3.08 billion and representing an 18.5% year-over-year increase.
The company reported $10.31 billion in current remaining performance obligations and a total of $22.1 billion in remaining performance obligations.
During the first-quarter, the company repurchased roughly 316,000 shares for $298 million. It still has about $3 billion remaining under its buyback authorization.
&#8220;ServiceNow&#8217;s position as the platinum standard for enterprise-grade AI drove these outstanding&nbsp;first quarter&nbsp;results,&#8221; said ServiceNow Chairman and CEO Bill McDermott. &#8220;Our platform is delivering real business transformation to empower CEOs with speed and agility to lead through this fast-changing environment. ServiceNow is meeting the moment, driving immediate value creation for customers and shareholders.&#8221;
Analyst Changes: Following the earnings report, multiple analysts raised their price targets.
<ul>
<li>Canaccord Genuity analyst Richard Davis maintained a Buy rating on ServiceNow and raised the price target from $900 to $1075.</li>
<li>Baird analyst Rob Oliver maintained an Outperform rating on ServiceNow and raised the price target from&nbsp;$1010&nbsp;to&nbsp;$1150.</li>
<li>Evercore ISI Group analyst Kirk Materne maintained an Outperform rating on ServiceNow and raised the price target from $925 to $1000.</li>
<li>Wells Fargo analyst Michael Turrin maintained an Overweight rating on ServiceNow and raised the price target from&nbsp;$1100&nbsp;to&nbsp;$1150.</li>
</ul>
See Also: <a href="https://www.benzinga.com/25/04/44979612/why-toy-maker-hasbros-stock-is-surging-today">Jenga And Monopoly Maker Hasbro CFO Says Cost Savings And Margin Growth Will Offset Tariff Impact</a>
NOW Price Action: At the time of publication, ServiceNow shares are trading 13.6% higher at $922.55, according to data from Benzinga Pro.
Image: via Shutterstock

What's Going On With ServiceNow Shares Thursday?

Scotiabank analyst Allan Verkhovski maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Sector Outperform and raises the price target from $1050 to $1075.

Scotiabank Maintains Sector Outperform on ServiceNow, Raises Price Target to $1075

Stifel analyst Brad Reback maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Buy and raises the price target from $950 to $975.

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
09:30 AMFeb 20, 2025	PUT	$1140.00	Jan 16, 2026	262	0	50	0	74	TRADE	BEARISH
11:05 AMFeb 18, 2025	PUT	$1020.00	Mar 21, 2025	-39	270	104	16	1736	TRADE	BULLISH
03:38 PMFeb 14, 2025	PUT	$1020.00	Mar 21, 2025	-39	316	205	26	1220	TRADE	BEARISH
03:35 PMFeb 13, 2025	PUT	$920.00	Mar 20, 2026	325	3	78	Infinity	0	SWEEP	BULLISH
12:15 PMFeb 13, 2025	PUT	$960.00	Jan 15, 2027	626	50	50	1667	3	TRADE	BULLISH

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