Equities Analysts Issue Forecasts for ServiceNow Q2 Earnings

ServiceNow, Inc. (NYSE:NOW - Free Report) - Investment analysts at DA Davidson issued their Q2 2025 earnings estimates for shares of ServiceNow in a report released on Wednesday, June 25th. DA Davidson analyst G. Luria expects that the information technology services provider will earn $1.78 per share for the quarter. DA Davidson has a "Buy" rating and a $1,150.00 price objective on the stock. The consensus estimate for ServiceNow's current full-year earnings is $8.93 per share. DA Davidson also issued estimates for ServiceNow's FY2025 earnings at $9.39 EPS and FY2026 earnings at $11.39 EPS.

ServiceNow (NYSE:NOW - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The information technology services provider reported $4.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.78 by $0.26. ServiceNow had a return on equity of 17.34% and a net margin of 13.41%. The business had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same period last year, the company earned $3.41 earnings per share. ServiceNow's quarterly revenue was up 18.6% compared to the same quarter last year.

A number of other equities analysts also recently commented on NOW. Erste Group Bank upgraded ServiceNow from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 30th. JMP Securities restated a "market outperform" rating and set a $1,300.00 price target on shares of ServiceNow in a research note on Tuesday, May 6th. Canaccord Genuity Group reduced their price objective on shares of ServiceNow from $1,275.00 to $900.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. The Goldman Sachs Group reiterated a "buy" rating on shares of ServiceNow in a report on Thursday, April 24th. Finally, Robert W. Baird raised their target price on ServiceNow from $1,010.00 to $1,150.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, thirty have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $1,065.32.

ServiceNow Stock Up 0.8%

NOW opened at $1,012.73 on Friday. The company has a market capitalization of $209.61 billion, a PE ratio of 137.60, a price-to-earnings-growth ratio of 4.62 and a beta of 0.95. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.12 and a quick ratio of 1.12. ServiceNow has a fifty-two week low of $678.66 and a fifty-two week high of $1,198.09. The business has a 50-day moving average of $980.58 and a 200-day moving average of $967.95.

Insider Transactions at ServiceNow

In other ServiceNow news, Director Anita M. Sands sold 428 shares of the business's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $1,013.61, for a total value of $433,825.08. Following the sale, the director now owns 10,891 shares of the company's stock, valued at $11,039,226.51. The trade was a 3.78% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Vice Chairman Nicholas Tzitzon sold 1,171 shares of the stock in a transaction on Friday, May 30th. The shares were sold at an average price of $1,020.00, for a total transaction of $1,194,420.00. Following the completion of the transaction, the insider now owns 3,000 shares of the company's stock, valued at approximately $3,060,000. This represents a 28.07% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,716 shares of company stock worth $6,611,245. 0.38% of the stock is currently owned by company insiders.

Institutional Trading of ServiceNow

Several institutional investors have recently made changes to their positions in the business. Janus Henderson Group PLC raised its holdings in shares of ServiceNow by 1.5% in the 4th quarter. Janus Henderson Group PLC now owns 824,725 shares of the information technology services provider's stock worth $874,258,000 after buying an additional 12,533 shares in the last quarter. FMR LLC grew its position in ServiceNow by 4.9% in the fourth quarter. FMR LLC now owns 5,878,900 shares of the information technology services provider's stock valued at $6,232,339,000 after acquiring an additional 272,506 shares during the period. Duncker Streett & Co. Inc. raised its stake in ServiceNow by 4.8% during the fourth quarter. Duncker Streett & Co. Inc. now owns 6,376 shares of the information technology services provider's stock worth $6,759,000 after acquiring an additional 290 shares in the last quarter. Nicholas Investment Partners LP lifted its holdings in shares of ServiceNow by 223.5% during the fourth quarter. Nicholas Investment Partners LP now owns 2,805 shares of the information technology services provider's stock valued at $2,974,000 after acquiring an additional 1,938 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of ServiceNow by 18.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 196,783 shares of the information technology services provider's stock valued at $209,103,000 after acquiring an additional 31,125 shares during the period. 87.18% of the stock is currently owned by institutional investors and hedge funds.

About ServiceNow

ServiceNow, Inc provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

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