FINWIRES · TerminalLIVE
FINWIRES

ServiceNowの第1四半期のAI事業の力強い成長は、利益率の低下と見通しの軟化によって相殺された、とオッペンハイマーは述べている。

By

-- ServiceNow（NOW）は、AI事業の力強い成長に支えられ、第1四半期は好調な業績を上げたものの、既存事業の売上高の伸び悩みと、やや弱含みの見通しが全体的な業績予想を圧迫したと、オッペンハイマーは木曜日のレポートで述べた。 オッペンハイマーは、AI関連の需要は依然として重要な強みであり、今年の総売上高の10%以上を占める可能性があり、AIによるディスラプションへの懸念を和らげ、長期的には株価収益率の上昇を支える可能性があると指摘した。 同アナリストは、第2四半期の業績見通しの下方修正、既存事業の成長鈍化、買収関連コストによる利益率への圧力を短期的な逆風として挙げたが、AI主導の成長パイプラインと株主還元活動の強さも指摘した。 オッペンハイマーは、第1四半期の業績は、堅調なサブスクリプション収益と、大型案件およびAI導入の継続的な勢いに支えられ、市場予想を上回ったと述べ、同社のAI事業の売上高は2026年には15億ドルに達すると予測した。 同社は、目標株価130ドルで、ServiceNow株の「アウトパフォーム」の投資判断を維持した。 ServiceNowの株価は木曜日の取引で約16％下落した。

Price: $86.60, Change: $-16.47, Percent Change: -15.98%

Related Articles

Commodities

Asia Biofuels Update: Malaysian Palm Oil Diverges from Crude Oil on Weaker Exports, Stronger Ringgit

Malaysian palm oil futures slipped on Monday, pulling away from crude oil prices, as weaker exports and a stronger local currency weighed on sentiment.Reversing the previous session's gains, the Bursa Malaysia Derivatives' May crude palm oil contract fell 0.66% to 4,487 Malaysian ringgit ($1,134.94) per metric ton. The June contract dropped by 0.96% to 4,521 ringgit/mt in midday trade.Malaysian shipments for the April 1-25 period reportedly declined 15.7% from a month earlier, according to cargo surveyors cited by Trading Economics.A stronger Malaysian ringgit, which rose against the US dollar by 0.28% on Monday, could further pressure exports as it makes them costlier.The recent drop in Malaysian shipments followed a 29.1% year-over-year rise in Q1 exports, as buyers advanced purchases due to the expected surge in shipping costs and as volumes of rival Indonesian cargoes softened due to higher export levies.Indonesia's move to raise its palm-based biodiesel blending to 50% from 40% beginning July 1 could further lift Malaysian exports going forward.The Malaysia Palm Oil Council said Indonesia's B50 program could absorb an additional 3 million metric tons per year of palm oil. Annual domestic consumption in Thailand could also increase by 350,000 metric tons as the country moves to B7 from B5, while demand in Malaysia could rise by 300,000 mt as the government raises its biodiesel blend to B15 from B10.Rising biofuel demand, elevated crude oil prices, and supply risks from the potential development of an El Nino weather trend will support palm oil prices, with the MPOC projecting them at around 4,500 ringgit/mt in the near term."However, further gains are likely to be capped by softer export demand amid inflation and weaker economic growth in key importing countries, alongside rising stocks as palm oil production gradually enters its seasonal peak," the MPOC said.According to Jim Teh, senior palm oil trader at Interband Group of Co., as cited by Bernama, palm oil prices could trade between 4,200 ringgit/mt and 4,300 ringgit/mt this week due to profit taking.

Asia

Hanwha Systems Swings to Loss in Q1

South Korean shipbuilder Hanwha Systems (KRX:272210) posted first-quarter net loss attributable to shareholders of 55 billion won, swinging from an attributable net income of 27.9 billion won a year earlier, according to a Monday filing with the Korea Exchange.Sales were up 17% year over year to 807.1 billion won from 690.1 billion won.Shares of Hanwha Systems fell over 3% at market close.

$KRX:272210
Asia

SG Micro's Attributable Profit Soars 107% in Q1

SG Micro's (SHE:300661) attributable profit surged 107% to 123.7 million yuan in the first quarter from 59.8 million yuan in the year-ago period, according to a Monday filing with the Shenzhen bourse.Earnings per share at the integrated circuit manufacturer increased to 0.1975 yuan from 0.0965 yuan in the prior-year period.Operating revenue grew 39% year over year to 1.10 billion yuan from 789.6 million yuan.

$SHE:300661