ServiceNow and Cohesity to Launch Point-in-Time AI Agent Recovery Platform This Year
ServiceNow and Cohesity will integrate AI Agent Control Tower with the Cohesity Data Cloud to deliver point-in-time recovery for AI agents, with the platform launching later this year. ServiceNow shares are trading 8.6% above their 20-day SMA but remain 20% below their 100-day SMA after a 24.7% one-year decline.
1. Partnership Objective
Cohesity and ServiceNow announced a strategic partnership to improve resilience and recovery for enterprise AI agents. The collaboration will integrate ServiceNow AI Agent Control Tower with the Cohesity Data Cloud to provide immutable, point-in-time data recovery for autonomous AI workflows, with general availability later this year.
2. Stock Technicals
ServiceNow shares are trading 8.6% above their 20-day simple moving average but 20% below their 100-day SMA, reflecting a 24.7% decline over the past 12 months. The RSI at 58.62 sits in neutral territory, while the MACD at -0.6490 above its -4.0654 signal line suggests emerging bullish momentum.
3. Analyst Estimates and Outlook
ServiceNow is set to report its next quarterly results on April 22, 2026, with EPS forecasted at $0.80 (down from $0.81) and revenue projected at $3.75 billion (up from $3.09 billion), resulting in a 73.0x P/E. Analysts maintain a Buy consensus with an average price target of $199.21, ranging from $155.00 to $237.00 in recent updates.