Wedbush Adds ServiceNow Back to IVES AI 30, Calls Sell-Off Overdone
On February 9, Wedbush added ServiceNow back to its IVES AI 30 list after dropping it in December 2025, citing an overdone software sell-off. Analysts led by Dan Ives view the AI revolution as a decade-long growth cycle and maintain that ServiceNow’s AI-embedded workflow platform benefits are being overlooked.
1. Wedbush Reinstates ServiceNow to IVES AI 30
Wedbush added ServiceNow back to its IVES AI 30 list on February 9 after removing it in December 2025, arguing the recent software sector sell-off was excessive and undervalued the company’s AI capabilities.
2. Analysts Highlight Long-Term AI Growth
Dan Ives and his team believe the AI revolution remains in its early stages of a 10-year growth cycle, contending that short-term market fears over AI-driven disruptions have led to mispricing of established software firms.
3. ServiceNow’s AI-Embedded Workflow Advantage
Headquartered in Santa Clara, California and founded in June 2004 by Frederic B. Luddy, ServiceNow offers cloud-based, AI-embedded end-to-end workflow automation solutions that Wedbush analysts say are being underestimated in the current sell-off.