ServiceNow to Acquire Cybersecurity Startup Armis for $7.75 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
0mins
Source: CNBC
- Acquisition Announcement: ServiceNow revealed plans to acquire cybersecurity startup Armis for $7.75 billion, with the deal expected to close next year, aimed at enhancing its cybersecurity offerings and strengthening market competitiveness.
- Stock Price Reaction: Following the acquisition announcement, ServiceNow's shares fell nearly 3%, reflecting market concerns over the high acquisition cost, which may impact the company's short-term financial performance.
- Mining Stocks Rally: With gold, silver, and copper prices hitting record highs, mining stocks such as Freeport McMoRan, Foran Mining, and Taseko Mines rose nearly 3%, indicating optimistic market sentiment towards mining investments.
- Novo Nordisk Drug Approval: Novo Nordisk's GLP-1 pill received FDA approval, leading to an 8% increase in its stock price, providing a new oral treatment option for obesity patients, which could drive future sales growth for the company.
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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: 129.620
Low
172.00
Averages
222.81
High
263.00
Current: 129.620
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.
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