ServiceNow - NOW Stock Forecast, Price & News

31 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ServiceNow in the last year. There are currently 2 sell ratings, 3 hold ratings and 26 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NOW shares.
View NOW analyst ratings or view top-rated stocks.

31 Wall Street research analysts have issued twelve-month target prices for ServiceNow's shares. Their NOW share price forecasts range from $460.00 to $805.00. On average, they expect the company's share price to reach $589.23 in the next twelve months. This suggests a possible upside of 40.8% from the stock's current price.
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ServiceNow's stock was trading at $649.11 at the beginning of 2022. Since then, NOW stock has decreased by 35.5% and is now trading at $418.43.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our NOW earnings forecast.

ServiceNow, Inc. (NYSE:NOW) issued its earnings results on Wednesday, July, 27th. The information technology services provider reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.08. The information technology services provider had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.76 billion. ServiceNow had a net margin of 2.79% and a trailing twelve-month return on equity of 7.22%. The firm's revenue was up 24.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.38 earnings per share.
Read the conference call transcript.

223 employees have rated ServiceNow Chief Executive Officer Bill McDermott on Glassdoor.com. Bill McDermott has an approval rating of 98% among the company's employees. This puts Bill McDermott in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other ServiceNow investors own include NVIDIA (NVDA), Salesforce (CRM), PayPal (PYPL), Netflix (NFLX), Alibaba Group (BABA), Tesla (TSLA), Adobe (ADBE), Walt Disney (DIS), Block (SQ) and Mastercard (MA).

ServiceNow trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOW."

ServiceNow's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Capital Investment Services of America Inc. (0.02%), Spence Asset Management (0.02%), Farmers Trust Co. (0.00%), Moody National Bank Trust Division (0.00%), First Hawaiian Bank (0.00%) and Fulton Bank N.A. (0.00%). Insiders that own company stock include Anita M Sands, Chirantan Jitendra Desai, Christopher Bedi, David Schneider, Dennis Woodside, Fay Sien Goon, Frederic B Luddy, Frederic B Luddy, Gina Mastantuono, Jacqueline P Canney, Jeffrey A Miller, John J Donahoe, Jonathan Chadwick, Kevin Haverty, Lara Caimi, Lawrence Jackson, Nicholas Tzitzon, Patricia L Wadors, Paul Edward Chamberlain, Paul John Smith, Russell S Elmer, Russell S Elmer, Susan L Bostrom, Teresa Briggs and William R Mcdermott.
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Shares of NOW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NOW stock can currently be purchased for approximately $418.43.

ServiceNow (NYSE:NOW) has a market capitalization of $84.52 billion and generates $5.90 billion in revenue each year. The information technology services provider earns $230 million in net income (profit) each year or $0.91 on an earnings per share basis.

The company employs 16,881 workers across the globe.

ServiceNow's mailing address is 2225 LAWSON LANE, SANTA CLARA CA, 95054. The official website for the company is www.servicenow.com. The information technology services provider can be reached via phone at (408) 501-8550, via email at ir@service-now.com, or via fax at 858-720-0479.