ServiceNow and Cohesity to Launch Crash-Proof AI Agent Recovery Later This Year
ServiceNow will integrate its AI Agent Control Tower with Cohesity Data Cloud to deliver immutable, point-in-time recovery for autonomous AI agents, with features launching later this year. Shares trade 8.6% above their 20-day SMA but remain 20% below the 100-day SMA after a 24.7% annual decline.
1. Partnership Details
ServiceNow has partnered with Cohesity to integrate AI Agent Control Tower with the Cohesity Data Cloud, enabling immutable point-in-time recovery and governance for autonomous AI agents. The combined platform is slated for availability later this year.
2. Technical Indicators
ServiceNow shares currently trade 8.6% above their 20-day SMA but sit 20% below the 100-day SMA, reflecting mixed momentum. The RSI at 58.62 and a MACD of -0.6490 (signal line -4.0654) suggest emerging bullish pressure.
3. Financial Outlook and Valuation
The next update on April 22 is expected to report EPS of $0.80 and revenue of $3.75 billion. At a P/E of 73.0x and a 24.7% decline over 12 months, the stock reflects a premium valuation despite its pullback.