sniff.trade
showstrackprofile
request access
NOW

NOW

11 tracked calls · 4 long · 7 short · last 90d: 3L/4S
first called by TBPN 3mo ago
IN TRACKED PORTFOLIOS
Ray DalioSELL
NOWNOWSHORT2d ago
“you have the company I don't know the service nows of the world who will look like they could be in a position where they might have to pay a tax to the most advanced models”
TBPN

Software vendors like ServiceNow bleed margin paying an AI tax to license frontier models like GPT-5.2 by January 2026 just to stay relevant.

NOWNOWSHORT@ $115.04
$109.09+5.18%
since call Jul 29
peak +7.3%
Trade on Robinhood →
NOWNOWSHORT4w ago
“it can be bearish for many traditional SAAS again if this works out”
3X Long Labubu

OpenAI enterprise vertical solutions displace traditional SaaS workflow tools, compressing ServiceNow's revenue and multiple.

NOWNOWSHORT@ $96.98
$109.09-12.49%
since call Jun 27
peak +6.5%
Trade on Hyperliquid →
NOWNOWLONG1mo ago
“actually driving agentic workflows in an enterprise is far more complex”
Aaron Levie

ServiceNow's deep enterprise workflow roots make it a prime beneficiary as agentic AI complexity drives moats for embedded incumbents

NOWNOWLONG@ $97.67
$109.09+11.69%
since call Jun 18
peak +22.4%
Trade on Hyperliquid →
NOWNOWLONG1mo ago
“My general strategy is to avoid investments that are spending money on the AI buildup. To me, that's just pure speculation.”
We Study Billionaires · Kyle Grieve

Capital-light software monetizing AI today compounds value while infrastructure spenders burn cash on speculation.

NOWNOWLONG@ $100.26
$109.09+8.81%
since call Jun 14
peak +15.7%
Trade on Robinhood →
NOWNOWLONG2mo ago
“the ultimate bull case for ServiceNow is that it's so complicated and intricate and integrated into so many companies that it would cost all of these public…”
ThreadGuy

Switching costs so high nobody can leave; recurring revenue locked in like a McDonald's ice cream trap

NOWNOWLONG@ $101.79
$109.09+7.17%
since call May 19
peak +14.0%
Trade on Hyperliquid →
NOWNOWSHORT2mo ago
“it's really fundamentally different than what the developer of, let's say, 3 years used to do before these agents showed up.”
TBPN

AI coding and agents collapse software seat counts; per-seat SaaS like ServiceNow re-rates as the seat-to-spend link snaps.

NOWNOWSHORT@ $102.39
$109.09-6.55%
since call May 18
peak +10.7%
Trade on Robinhood →
NOWNOWSHORT2mo ago
“We're increasingly ripping out systems of record like ServiceNow.”
TBPN

AI-native compound startups rip out ServiceNow as system of record, accelerating churn and multiple compression.

NOWNOWSHORT@ $94.00
$109.09-16.05%
since call May 4
Trade on Robinhood →
NOWNOWSHORT3mo ago
“We're seeing a shift from SaaS, from seat-based business models to usage-based business models. And I think this is, this is pretty profound.”
TBPN

Seat-to-usage billing shift strips predictability from per-seat SaaS, repricing ServiceNow's terminal value lower.

NOWNOWSHORT@ $88.30
$109.09-23.55%
since call Apr 30
Trade on Robinhood →
NOWNOWLONG3mo ago
“If AI structurally displaces white-collar labor, the vendor selling the automation captures the spend, lifting NOW.”
TBPN

If AI structurally displaces white-collar labor, the vendor selling the automation captures the spend, lifting NOW.

NOWNOWLONG@ $84.59
$109.09+28.96%
since call Apr 10
peak +42.3%
Trade on Robinhood →
NOWNOWSHORT3mo ago
“There's something about AI that feels a lot more disruptive. … what if your model”
TBPN

AI agents compress per-seat demand; the highest-multiple legacy SaaS incumbent keeps re-rating lower.

NOWNOWSHORT@ $100.38
$109.09-8.68%
since call Apr 7
peak +8.6%
Trade on Robinhood →
NOWNOWSHORT3mo ago
“we think the era of the web app is kind of over. … most people are just going to be talking to AI agents and it's going to be performing those actions on your…”
TBPN

Agents replacing form-based SaaS guts the per-seat model, compressing legacy workflow-SaaS multiples.

NOWNOWSHORT@ $102.22
$109.09-6.72%
since call Apr 6
peak +10.2%
Trade on Robinhood →