NextEra Teams Up with ServiceNow, Supported by LTIMindtree, to Boost Digital Transformation in the Middle East
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Partnership Announcement: NextEra, a joint venture between LTIMindtree and Aramco Digital, has partnered with ServiceNow to enhance digital transformation in Saudi Arabia and the MENA region, establishing a proximity center and a Centre of Excellence for workforce training.
Focus on Local Needs: The collaboration aims to develop industry-specific platforms addressing regional challenges, with an emphasis on localized solutions, generative AI, and agentic automation, aligning with Saudi Vision 2030 and promoting job opportunities in the technology sector.
Analyst Views on NOW
Wall Street analysts forecast NOW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NOW is 222.81 USD with a low forecast of 172.00 USD and a high forecast of 263.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
32 Analyst Rating
30 Buy
2 Hold
0 Sell
Strong Buy
Current: 128.560
Low
172.00
Averages
222.81
High
263.00
Current: 128.560
Low
172.00
Averages
222.81
High
263.00
About NOW
ServiceNow, Inc. provides an artificial intelligence (AI) platform for business transformation. The Company’s AI platform connects people, processes, data, and devices to increase productivity and maximize business outcomes. Its intelligent platform, the Now Platform, is a cloud-based solution that helps enterprises and organizations across public and private sectors digitize workflows. The workflow applications built on the Now Platform are organized into four primary areas: Technology, CRM and Industry, Core Business and Creator. Its products include IT Service Management, IT Operations Management, HR Service Delivery, ServiceNow AI Agents, AI Experience, Build Agent, ServiceNow AI Control Tower, AI Agent Fabric, RaptorDB, Workflow Data Fabric, Workplace Service Delivery, ServiceNow Platform Encryption, Telecommunications Service Operations Management, and others. The Company also offers identity security, helping organizations secure access across the enterprise.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
