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ServiceNow's stock has faced significant declines amid a market-wide reevaluation of enterprise software valuations. Despite a challenging year, analysts project a potential recovery, suggesting the stock could reach $305 by mid-2027. This article explores the factors influencing ServiceNow's future, including competition from AI-native solutions and internal strategies that could drive growth. ## BODY: ServiceNow (NYSE: NOW) has been a subject of scrutiny and speculation in the tech sector, p