ServiceNow's strong fundamentals, including consistent revenue growth and high margins, support its long-term valuation despite recent software sector volatility. Technical indicators show oversold conditions, suggesting a potential rebound.

Market sentiment is mixed but leaning positive, with Goldman Sachs' endorsement and integration news countering broader software selloff concerns. Investor panic over AI threats appears overblown, with NOW's enterprise focus providing resilience.

Long-term risks include AI disruption and macroeconomic pressures, but NOW's enterprise moat and strategic partnerships mitigate these concerns. The recent selloff presents a buying opportunity for patient investors.

Technical signals indicate strong support at current levels, with RSI nearing oversold territory and volume spikes suggesting accumulation. Price action shows resilience relative to peers, reinforcing bullish momentum.