Core Viewpoint - Analyst sentiment towards ServiceNow, Inc. (NYSE:NOW) is strengthening, driven by a robust pipeline and favorable AI trends ahead of the Q4 2025 earnings release scheduled for January 28, 2026 [2][3]. Analyst Ratings and Price Targets - Citi has initiated an "upside 30-day catalyst watch" on ServiceNow, maintaining a 'Buy' rating with a price target of $250.60, supported by strong quarter-end performance and a solid pipeline extending into fiscal 2026 [2]. - Goldman Sachs has also initiated coverage with a 'Buy' rating and a price target of $205, emphasizing the expanding total addressable market for the software due to increasing AI adoption [3]. - Conversely, Stifel has reduced its price target from $230 to $200 while keeping a 'Buy' rating, citing softer system integrator checks and conservative Q1 organic current Remaining Performance Obligations (cRPO) guidance [4]. Company Overview - ServiceNow, Inc. offers a cloud-based workflow automation platform that integrates AI and machine learning, enabling enterprises to digitize, manage, and optimize processes across IT, employee, and customer operations [5].

Core Insights - ServiceNow, Inc. (NYSE:NOW) is recognized for its strong earnings growth potential over the next five years, with analysts maintaining positive ratings and significant upside potential for the stock [1][2]. Group 1: Analyst Ratings and Price Targets - Oppenheimer analyst Brian Schwartz reaffirmed a 'Buy' rating on ServiceNow, with a price target of $200, indicating a potential upside of 68% [1]. - Evercore ISI maintained an 'Outperform' rating with a price target of $225, citing stable demand and growing adoption of the Now Assist AI offering [2]. Group 2: Company Performance and Market Position - Despite a nearly 28% decline in stock price over the last three months, Evercore ISI expects strong fourth-quarter results that will demonstrate the company's solid growth at scale [2]. - ServiceNow is positioned as a provider of cloud-based solutions for digital workflows, offering a diverse range of products including customer service management and field service management applications [4]. Group 3: Future Projections and Valuation - The company's AI strategy is projected to exceed $1 billion in annual recurring revenue (ARR) by 2026, with steady demand and increasing interest noted in partner surveys [3]. - ServiceNow's current valuation stands at approximately 22.5 times enterprise value to CY27 free cash flow, presenting an appealing long-term risk/reward profile [3].

Core Insights - ServiceNow is on track to achieve $500 million in Annual Contract Value (ACV) from AI solutions by 2025, with a target of $1 billion by 2026, indicating strong growth potential [1] - The company reported a significant increase in subscription revenues, reaching $3.3 billion in Q3, a 20% year-over-year growth [4] - ServiceNow's balance sheet remains robust, with $9.7 billion in cash and investments, and a stock repurchase program in place [6] Group 1: Financial Performance - In Q3, ServiceNow closed 103 deals worth over $1 million in net new ACV, with three deals exceeding $20 million [3] - Remaining performance obligations (RPO) grew to approximately $24.3 billion, representing a 23% year-over-year increase [4] - Adjusted net income for the quarter was reported at $4.82 per share, exceeding expectations [4] Group 2: Market Position and Growth - ServiceNow's core workflows, including ITSM, ITOM, and HR, are driving broad-based demand across various industries [2] - The company anticipates subscription sales of $3.42 billion to $3.43 billion for Q4, with an operating margin of 30% [7] - Analysts predict a 25% increase in earnings for ServiceNow in 2025, followed by a 17% increase in 2026 [7] Group 3: Stock Performance and Analyst Ratings - ServiceNow's stock has a consensus "Strong Buy" rating from Wall Street, with 34 out of 43 analysts recommending a "Strong Buy" [8] - The mean target price for ServiceNow is $219.69, indicating a potential upside of 72% from current levels [8] Group 4: Strategic Initiatives - The company has approved a five-for-one stock split to enhance share accessibility for employees [6] - ServiceNow's AI solutions are positioned as a core platform for enterprise AI and workflow transformation, which is likely contributing to its strong market position [5]

Group 1 - Forward stock splits provide individual investors with the opportunity to purchase shares that may have previously been out of their price range, exemplified by a stock trading at $2,000 becoming available at $200 after a 10-for-1 split [1] - ServiceNow (NYSE: NOW) executed a 5-for-1 forward stock split in December 2025, with the stock currently trading around $138 per share, presenting a potential investment opportunity in an enterprise software provider [2] - ServiceNow's cloud-based platform aids large organizations in automating workflows across various sectors, with 8,400 global customers, including over 85% of the Fortune 500 [4] Group 2 - ServiceNow reported a 22% increase in total revenue to $3.4 billion for the third quarter, with subscription revenue rising by 21.5%, surpassing the company's guidance [5] - The company's AI-enabled platform is designed to integrate various AI tools, with projected annual contract value from AI products exceeding $500 million for 2025, moving towards a $1 billion target for 2026 [6] - Enterprise IT spending on AI products is expected to reach $1.3 trillion by 2029, indicating a growing need for ServiceNow's software to integrate AI tools into daily operations [7]

Core Viewpoint - ServiceNow, Inc. is recognized as one of the software stocks with significant upside potential, being among the top picks for 2026 according to Piper Sandler [1] Group 1: Valuation and Market Position - The decline in ServiceNow's valuation is attributed to investor concerns regarding sustainable growth, influenced by seat-count trends, slower AI rollouts, and structural challenges in key verticals [2] - The company's valuation has dropped to approximately 29x EV / NTM FCF, nearing its lowest valuation in five years, which was around 25x at the end of 2022 [2] - Piper Sandler has revised its price target for ServiceNow shares from $230 to $200, indicating a potential upside of 47.6% from current levels while maintaining a Buy rating [2] Group 2: Business Operations - ServiceNow operates as a provider of cloud-based solutions for digital workflows globally, utilizing its AI platform known as the Now platform [3] - The company serves various sectors including financial services, manufacturing, technology, healthcare & life sciences, public sector, and telecom [3]

Group 1: ServiceNow, Inc. - ServiceNow, Inc. is distinguishing itself from other software companies, according to Malcolm Ethridge, managing partner at Capital Area Planning Group [1] - authID Inc. announced a new identity verification integration with ServiceNow to enhance security for contact centers amid rising fraud risks [1] Group 2: Intercontinental Exchange, Inc. - Bill Baruch, founder & president of Blue Line Capital, expressed a favorable view on Intercontinental Exchange, Inc. [2] - TD Cowen analyst Bill Katz maintained a Buy rating on Intercontinental Exchange and raised the price target from $175 to $193 [2] Group 3: Apollo Global Management, Inc. - Apollo Global Management led a $3.5 billion financing package for Valor Compute Infrastructure, which will support a $5.4 billion acquisition and lease of data-center infrastructure [3] - The financing will include Nvidia's GB200 GPUs for a subsidiary of Elon Musk's AI company, xAI, aimed at supporting ongoing model training and the development of its AI chatbot, Grok [4] - Apollo Global Management shares increased by 0.1% to close at $144.15 [5]

Group 1 - ServiceNow, Inc. is considered one of the best long-term growth stocks by hedge funds, with recent price target adjustments from Stifel and Wells Fargo [1][2] - Stifel reduced its price target for ServiceNow to $200 from $230 while maintaining a Buy rating, citing a modest decline in system integrator checks [1] - Wells Fargo lowered its price target to $225 from $255, emphasizing the importance of AI in future performance and identifying three ways to engage with the market: incumbents, innovation, and infrastructure [2] Group 2 - ServiceNow is set to release its financial results for fiscal Q4 and the full year ended December 31 on January 28 [3] - The company offers an AI platform for business transformation, enhancing productivity through its Now Platform, which provides end-to-end workflow automation [4]

Group 1 - ServiceNow, Inc. (NYSE:NOW) is recognized as a promising growth stock, with Goldman Sachs initiating coverage with a 'Buy' rating and a price target of $205, indicating an upside potential of approximately 44% [1] - Analysts forecast that ServiceNow will maintain an organic compound annual growth rate of 20% through 2029, driven by its expansion into Customer Relationship Management, Enterprise Resource Planning, and Human Capital Management [2] - The company is positioned to lead the agent orchestration market, with AI adoption expected to positively impact the software total addressable market over the next decade [1][2] Group 2 - ServiceNow's CEO, Bill McDermott, is noted for successfully driving the business, and the company's interest in mergers and acquisitions enhances its position in the Security space [3] - Approximately 92% of analysts covering ServiceNow recommend it as a 'Buy', and the stock's recent decline to $142.64 presents a potential investment opportunity given its long-term prospects [3] - ServiceNow provides cloud-based solutions for digital workflows, operating the Now platform and offering a variety of products, including customer service management and field service management applications [4]

Core Insights - The integration between authID and ServiceNow aims to enhance identity verification at contact centers, thereby protecting accounts and reducing fraud [1][2][5] - The collaboration secures over 8,400 ServiceNow-powered contact centers globally, including 85% of Fortune 500 companies [1] Group 1: Integration Features - authID's solutions, including ProofTM, VerifiedTM, and PrivacyKeyTM, integrate with ServiceNow to provide a secure and interactive user experience for both workforce and consumer use cases [3] - Contact center agents can utilize SMS or email notifications to verify user identities before making account changes or completing high-risk transactions [3][4] Group 2: Business Impact - The integration is designed to accelerate business transformation by ensuring that agents perform account updates on behalf of trusted users, thereby enhancing user experience [5] - As a Build Partner in the ServiceNow Partner Program, authID develops applications that enhance the capabilities of the ServiceNow AI Platform [5] Group 3: Company Overview - authID specializes in biometric identity authentication, ensuring enterprises can accurately verify user identities with a False Positive Rate of 1 in 1 billion [6] - The company's IDX platform secures a distributed workforce and provides a comprehensive solution to prevent fraud, account takeovers, and other security risks [6]

Core Viewpoint - Oppenheimer has lowered the target price for ServiceNow from $230 to $200 due to concerns over organic subscription growth and free cash flow triggered by the company's acquisition spree, while maintaining an "Outperform" rating [1] Group 1 - The target price for ServiceNow has been adjusted from $230 to $200 [1] - Concerns have arisen regarding organic subscription growth and free cash flow as a result of the company's acquisition activities [1] - Oppenheimer continues to hold an "Outperform" rating for ServiceNow despite the price adjustment [1]