ServiceNow (NOW) has experienced a significant decline in its stock price, dropping over 57% from its 52-week high of $224 per share. This downturn is attributed to the 'SaaSpocalypse' narrative, which has negatively affected many Software as a Service companies. Despite the current challenges, analysts are suggesting that NOW could be mispriced, potentially offering a lucrative investment opportunity as it approaches 2026. The article emphasizes that while the past performance of the stock does not guarantee future results, the current valuation might attract investors looking for growth in the tech sector. The author, who has no current financial position in ServiceNow, indicates a possibility of initiating a beneficial long position in the stock within the next 72 hours. This perspective highlights the potential for recovery and growth, making NOW a stock to watch for investors interested in capitalizing on future market movements.