New York, Feb 13, 2026, 14:36 EST — Regular session
ServiceNow, Inc. jumped 3.7% to $107.15 Friday afternoon, lifted by news of its deal to acquire Pyramid Analytics. The company says closing still hinges on standard conditions and regulatory review.
Investors are paying close attention to this deal, sizing up which enterprise software names can actually weave analytics and automation into daily workflows, rather than just pitching another dashboard. “Most analytics tools force business users to wait on data teams for answers,” the companies said in a joint statement, making their case for self-service analytics — software designed so even staff without technical chops can pull their own numbers. CIO
U.S. stocks caught a bid Friday, coinciding with softer-than-forecast January consumer price data that took some heat off rate-cut bets and offered relief to growth stocks most exposed to yields. “The data suggests that the disinflation trend is still continuing,” said Michael Metcalfe, head of market strategy at State Street Markets. Reuters
ServiceNow shares took a hit Wednesday, dropping 5.5%. The next day, they bounced back, gaining 2.7% to finish at $103.29. Even so, that’s still more than 51% off the stock’s 52-week high, MarketWatch reports.
Friday saw Salesforce add roughly 2.6%, Oracle picked up about 2.9%. Atlassian dipped, down close to 0.4%.
ServiceNow makes cloud software aimed at streamlining IT and internal workflows onto a unified platform. Subscriptions, those ongoing payments from customers to maintain access, generate most of the company’s revenue.
The rebound isn’t without its warning signs. Investors are unloading software names, spooked by concerns that rapidly advancing AI tools might undercut the pricing strength of established subscription offerings. Barclays equity strategist Emmanuel Cau called the market’s reaction a “sell first think later” impulse during the recent downturn. Reuters
ServiceNow in late January set out a fiscal 2026 subscription revenue target between $15.53 billion and $15.57 billion, plus the board gave the green light for another $5 billion in buybacks. Investors will be watching for updates when management heads to the Bernstein TMT Forum on Feb. 25 and the Morgan Stanley TMT Conference on March 4.
