StocksMedium•4 November 2026•
1 min read
ServiceNow and Flex Raise Outlooks on Accelerating AI Infrastructure Demand
Key Facts
1ServiceNow raised its AI contract value target to $1.7B as adoption accelerates.
2Flex raised its fiscal 2027 outlook driven by AI infrastructure demand.
ServiceNow raised its AI contract value target to $1.7 billion as adoption of the technology accelerates. Zacks reported that Flex also increased its fiscal 2027 outlook, driven by sustained demand for AI infrastructure.
The stock of NOW closed at $109.16 on November 3, 2026, after trading between a day low of $103.72 and a high of $109.26. These updates follow a period of continued growth in enterprise software and cloud infrastructure segments tied to AI strategies.