ServiceNow (NOW) Projected to Post Quarterly Earnings on Wednesday

Key Points

• ServiceNow will report Q1 2026 results after the market close on Wednesday, April 22, 2026 at 5:00 PM ET, with analysts expecting EPS $0.95 and revenue of about $3.75 billion.
• In the prior quarter ServiceNow beat estimates (EPS $0.92 vs. $0.89) with revenue of $3.57 billion, up 20.7% year‑over‑year, and analysts project roughly $9 EPS for the current fiscal year and $11 for the next.
• Sell‑side sentiment is mixed: MarketBeat shows a consensus rating of "Moderate Buy" and an average target of $183.93, but several major firms have recently cut targets or issued downgrades, which could weigh on near‑term sentiment despite positive partnership and AI‑related news.

ServiceNow (NYSE:NOW - Get Free Report) will likely be announcing its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect the company to announce earnings of $0.95 per share and revenue of $3.7468 billion for the quarter. Investors may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Wednesday, April 22, 2026 at 5:00 PM ET.

ServiceNow (NYSE:NOW - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The information technology services provider reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.03. ServiceNow had a return on equity of 18.54% and a net margin of 13.16%.The firm had revenue of $3.57 billion for the quarter, compared to analyst estimates of $3.53 billion. During the same period in the previous year, the firm earned $0.73 earnings per share. The company's revenue was up 20.7% compared to the same quarter last year. On average, analysts expect ServiceNow to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

ServiceNow Price Performance

Shares of NOW opened at $87.81 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.00 and a current ratio of 1.00. ServiceNow has a 52-week low of $81.24 and a 52-week high of $211.48. The business's 50 day moving average price is $106.27 and its two-hundred day moving average price is $142.12. The firm has a market cap of $90.99 billion, a PE ratio of 52.64, a price-to-earnings-growth ratio of 1.49 and a beta of 1.01.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on NOW shares. Canaccord Genuity Group set a $200.00 target price on ServiceNow in a research report on Thursday, January 29th. Capital One Financial lowered their target price on ServiceNow from $188.00 to $161.00 and set an "overweight" rating on the stock in a research report on Friday, January 16th. Truist Financial set a $175.00 target price on ServiceNow in a research report on Thursday, February 5th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $200.00 target price on shares of ServiceNow in a research report on Thursday, January 29th. Finally, Wells Fargo & Company lowered their target price on ServiceNow from $225.00 to $185.00 and set an "overweight" rating on the stock in a research report on Tuesday, March 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, ServiceNow presently has a consensus rating of "Moderate Buy" and an average target price of $183.93.

ServiceNow News Summary

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Qlik partnership to surface governed enterprise data and analytics inside ServiceNow workflows — strengthens NOW’s play to be an “enterprise AI nerve center,” which supports long-term revenue and platform stickiness. Read More.
• Positive Sentiment: TrustCloud integration brings AI-driven cyber risk automation into the ServiceNow platform — incremental security use-cases and GTM motions can expand platform adoption. Read More.
• Positive Sentiment: Cadena named #1 ServiceNow SAM partner for 2026 and recognized for AI-augmented delivery — partner momentum helps execution of large enterprise deployments. Read More.
• Positive Sentiment: Mizuho lists ServiceNow among its top software picks ahead of earnings — an institutional vote of confidence that can support demand if macro/earnings tone improves. Read More.
• Neutral Sentiment: SaaS-wide dip-buying and macro headlines are driving rotation across cloud/software names — some intraday moves in peers (Cloudflare, Pegasystems, Shopify, etc.) create noisy comparables for NOW. Read More.
• Neutral Sentiment: Broader AI/compute frenzy headlines (CoreWeave, Data Center plays) are reshaping sector flows; ServiceNow benefits indirectly from enterprise AI thematic interest but isn’t a pure-play compute/value chain name. Read More.
• Negative Sentiment: BMO cut its price target from $170 to $120 (still “outperform”) — the target reset narrows upside and likely pressured near-term sentiment. Read More.
• Negative Sentiment: RBC also lowered its target to $121 while keeping an outperform — another analyst target reduction adding to sell-side caution. Read More.
• Negative Sentiment: UBS cut NOW to Neutral — an explicit downgrade from a major bank weighs on discretionary institutional demand. Read More.
• Negative Sentiment: Recent bearish commentary pieces highlight valuation concerns and argue the correction could continue — contributes to selling pressure despite growth/AI narratives. Read More.

Insider Activity at ServiceNow

In related news, insider Paul Fipps sold 3,696 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $101.77, for a total value of $376,141.92. Following the completion of the sale, the insider directly owned 8,061 shares of the company's stock, valued at approximately $820,367.97. This represents a 31.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Paul Edward Chamberlain sold 1,500 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $101.17, for a total value of $151,755.00. Following the completion of the sale, the director directly owned 46,430 shares of the company's stock, valued at $4,697,323.10. The trade was a 3.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 16,237 shares of company stock valued at $1,697,162. 0.34% of the stock is owned by insiders.

Institutional Investors Weigh In On ServiceNow

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Sunbelt Securities Inc. raised its position in ServiceNow by 137.1% in the 4th quarter. Sunbelt Securities Inc. now owns 6,266 shares of the information technology services provider's stock valued at $960,000 after buying an additional 3,623 shares during the last quarter. Compound Planning Inc. raised its position in ServiceNow by 415.3% in the 4th quarter. Compound Planning Inc. now owns 14,450 shares of the information technology services provider's stock valued at $2,214,000 after buying an additional 11,646 shares during the last quarter. Invesco Ltd. raised its position in ServiceNow by 326.5% in the 4th quarter. Invesco Ltd. now owns 5,588,524 shares of the information technology services provider's stock valued at $856,106,000 after buying an additional 4,278,076 shares during the last quarter. Axxcess Wealth Management LLC raised its position in ServiceNow by 95.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 3,368 shares of the information technology services provider's stock valued at $516,000 after buying an additional 1,642 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in ServiceNow by 580.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 133,172 shares of the information technology services provider's stock valued at $20,588,000 after buying an additional 113,610 shares during the last quarter. 87.18% of the stock is owned by hedge funds and other institutional investors.

About ServiceNow

ServiceNow NYSE: NOW is a cloud computing company that builds enterprise software to manage digital workflows and automate business processes. Its offerings are designed to replace manual work and legacy systems with cloud-based, service-oriented applications that support IT operations, customer service, human resources, security response and other enterprise functions.

The company's flagship product family is the Now Platform, a suite of subscription software and platform services that includes IT Service Management (ITSM), IT Operations Management (ITOM), IT Business Management (ITBM), Customer Service Management (CSM), HR Service Delivery, Security Operations and Asset Management.

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