Back to News
May 19, 2026 4:00 PM

Did Jim Cramer Call The Top On ServiceNow Stock?

CNBC host Jim Cramer may have thrown cold water on one of software's hottest short-term rallies in ServiceNow Inc. (NYSE:NOW). 

NOW stock is moving. See the chart and price action here.

Cramer Calls the Top?

The "Mad Money" host posted on X Tuesday morning, "SAAS buyers overplaying their NOW hand?" 

SAAS buyers overplaying their NOW hand?

— Jim Cramer (@jimcramer) May 19, 2026

The comment landed just before ServiceNow shares reversed lower, turning what had looked like another strong session for the enterprise software name into a possible momentum check.

ServiceNow had been on a tear heading into the move, with the stock up nearly 17% over the past five sessions. 

That kind of short-term surge can quickly draw in momentum traders, especially in a market ...