ServiceNow - NOW Stock Forecast, Price & News

30 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ServiceNow in the last twelve months. There are currently 2 sell ratings and 28 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NOW shares.
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30 equities research analysts have issued 12-month price targets for ServiceNow's shares. Their NOW share price forecasts range from $430.00 to $680.00. On average, they anticipate the company's stock price to reach $537.26 in the next year. This suggests a possible upside of 35.6% from the stock's current price.
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ServiceNow's stock was trading at $649.11 at the beginning of the year. Since then, NOW shares have decreased by 39.0% and is now trading at $396.23.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 25th 2023.
View our NOW earnings forecast.

ServiceNow, Inc. (NYSE:NOW) posted its earnings results on Wednesday, October, 27th. The information technology services provider reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.16. The information technology services provider earned $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. ServiceNow had a net margin of 2.90% and a trailing twelve-month return on equity of 7.22%. The company's quarterly revenue was up 31.3% on a year-over-year basis. During the same period last year, the company earned $0.30 EPS.
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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 Vanguard Group Inc. (8.35%), Price T Rowe Associates Inc. MD (6.98%), State Street Corp (3.95%), Polen Capital Management LLC (1.96%), Edgewood Management LLC (1.91%) and Sands Capital Management LLC (1.29%). 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 $396.23.

ServiceNow (NYSE:NOW) has a market capitalization of $80.04 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 $0.99 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.