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ServiceNow Shares Plunge 25% on Slower Q4 Growth

By Drooid · Oct 30, 2026 · How we work

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ServiceNow's stock plunged about 25% to near $112, its worst day since 2012.
The company guided fourth-quarter contracted revenue per order (cRPO) growth at 18.5%, slower than prior quarters.
CFO Gina Mastantuono said early renewals shifted deals into Q3, reducing expected Q4 cRPO growth.
Shares fell to roughly 23 times expected 2027 earnings, down from about 30 times the day before.

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ServiceNow's stock plunged about 25% to near $112, its worst day since 2012.
The company guided fourth-quarter contracted revenue per order (cRPO) growth at 18.5%, slower than prior quarters.
CFO Gina Mastantuono said early renewals shifted deals into Q3, reducing expected Q4 cRPO growth.
Shares fell to roughly 23 times expected 2027 earnings, down from about 30 times the day before.