ServiceNow - NOW Stock Forecast, Price & News

32 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ServiceNow in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 27 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.

32 analysts have issued 1-year price objectives for ServiceNow's shares. Their NOW share price forecasts range from $460.00 to $805.00. On average, they predict the company's share price to reach $589.23 in the next year. This suggests a possible upside of 56.3% from the stock's current price.
View analysts price targets for NOW or view top-rated stocks among Wall Street analysts.

ServiceNow's stock was trading at $649.11 at the beginning of the year. Since then, NOW stock has decreased by 41.9% and is now trading at $377.04.
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ServiceNow saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 3,870,000 shares, an increase of 21.3% from the July 31st total of 3,190,000 shares. Based on an average daily volume of 1,710,000 shares, the short-interest ratio is presently 2.3 days.
View ServiceNow's Short Interest.

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) released its quarterly earnings results on Wednesday, July, 27th. The information technology services provider reported $0.20 EPS for the quarter, beating the consensus estimate of $0.12 by $0.08. The information technology services provider had revenue of $1.75 billion for the quarter, compared to analysts' expectations of $1.76 billion. ServiceNow had a trailing twelve-month return on equity of 7.22% and a net margin of 2.79%. The company's quarterly revenue was up 24.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.38 EPS.
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 many different institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (6.94%), State Street Corp (3.86%), Franklin Resources Inc. (1.68%), Sands Capital Management LLC (1.34%), Brown Advisory Inc. (1.19%) and Brown Advisory Inc. (1.12%). 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 $377.04.

ServiceNow (NYSE:NOW) has a market capitalization of $76.16 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.