The analyst noted that ServiceNow's AI product annual contract value (ACV) has exceeded $1 billion, making it one of the company's fastest-growing businesses. The company stated in Q4 2025 that the net new ACV for its generative AI product line, Now Assist, more than doubled year-over-year. ServiceNow management's 2030 targets, set at the financial analyst day in May, include subscription revenue exceeding $30 billion, with 30% of ACV coming from AI, implying that AI business ACV will well exceed $3 billion by then.