ServiceNow, Inc. (NYSE:NOW) is one of the 15 Set-It-and-Forget-It Stocks to Buy in 2026.

On March 10, 2026, Rothschild & Co Redburn lowered the price target on ServiceNow, Inc. (NYSE:NOW) from $230 to $215 while maintaining a Buy rating on the company’s stock. The firm’s analyst noted that ServiceNow, Inc. (NYSE:NOW)’s extensive platform integrations, IT workflow knowledge graph, and unique configuration database create a significant competitive moat, making it resilient against any changes in the AI market.

Separately from this update, on March 16, 2026, ServiceNow, Inc. (NYSE:NOW) announced an expansion in its partnership with Carahsoft Technology Corp. The expanded collaboration involves extending the availability to the ServiceNow AI Platform across Carahsoft’s full reseller ecosystem in Canada and the U.S. According to Michael Park, senior vice president, Global Partnerships and Channels, ServiceNow, Inc. (NYSE:NOW), the expanded partnership with Carahsoft enable the company to reach more customers beyond the Government IT sector and into healthcare, financial services, critical infrastructure, and enterprise markets through Carahsoft’s reseller ecosystem.

Founded in 2004, ServiceNow, Inc. (NYSE:NOW) is a leading American cloud-based software company that provides a global cloud computing platform that automates enterprise workflows for IT, HR, and customer service. The company’s headquarters is located in California.

While we acknowledge the potential of NOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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