Wall Street analysts expect ServiceNow (NOW) to post quarterly earnings of $3.46 per share in its upcoming report, which indicates a year-over-year increase of 18.5%. Revenues are expected to be $2.74 billion, up 19.8% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a company reveals its earnings, it is vital ...

ServiceNow (NOW) ended the recent trading session at $938.65, demonstrating a +1.81% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.71%. On the other hand, the Dow registered a gain of 1.03%, and the technology-centric Nasdaq increased by 0.6%. Shares of the maker of software that automates companies' technology operations have appreciated by 7.19% over the course of the past month, underperforming the Computer and Technology sector's gai ...

A hot jobs report combined with still-dovish Fedspeak lifted the rate-sensitive software sector. Software leaders ServiceNow (NOW 3.04%), Snowflake (SNOW 3.85%), and UiPath (PATH 4.52%) rallied on Friday, up 3.1%, 3.7%, and 4.4%, respectively, in the day's trading. There wasn't any company-specific news today on these three enterprise software leaders. However, today's solid jobs report, in combination with still-dovish commentary from Federal Reserve officials, sent each stock soaring. Software stocks to b ...

ServiceNow (NOW) closed the latest trading day at $890.64, indicating a +1.16% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.17%. On the other hand, the Dow registered a loss of 0.44%, and the technology-centric Nasdaq decreased by 0.04%. Heading into today, shares of the maker of software that automates companies' technology operations had gained 5.46% over the past month, outpacing the Computer and Technology sector's gain of 1.41% and the S&P 500's gain of 1.25% ...

ServiceNow (NOW) is enhancing its HR offerings and introducing Generative AI (GenAI) features to enhance employee communications. The new features will make it easier for employees to get support across different departments. NOW's Employee Center gives employees a single place to get help across departments. Its Content Engagement for Employee Center offers a better way to connect with employees. ServiceNow announced Guided Self-Service for Employee Center in the Now Platform Xanadu release earlier this mo ...

Company Performance - ServiceNow's stock closed at $925.55, reflecting a -1.26% change from the previous trading day, underperforming the S&P 500's gain of 0.28% [1] - Over the past month, ServiceNow's shares gained 13.17%, outperforming the Computer and Technology sector, which saw a loss of 0.02%, and the S&P 500's gain of 2% [2] Upcoming Earnings - The upcoming earnings release is highly anticipated, with projected earnings per share (EPS) of $3.46, indicating an 18.49% increase year-over-year [3] - Revenue is expected to reach $2.74 billion, reflecting a 19.78% increase compared to the same quarter last year [3] Annual Estimates - For the annual period, earnings are estimated at $13.75 per share and revenue at $10.9 billion, representing increases of 27.55% and 21.51% respectively from the previous year [4] - Recent modifications to analyst estimates are crucial as they indicate changing business trends, with positive revisions suggesting a favorable outlook [4] Zacks Rank and Valuation - The Zacks Rank system currently rates ServiceNow at 2 (Buy), with a strong historical performance of stocks rated 1 delivering an average annual return of +25% since 1988 [6] - ServiceNow has a Forward P/E ratio of 68.17, which is significantly higher than the industry average of 27.06 [7] - The company has a PEG ratio of 2.77, compared to the industry average PEG ratio of 3.08, indicating a relatively favorable valuation considering expected earnings growth [8] Industry Context - The Computers - IT Services industry, part of the broader Computer and Technology sector, holds a Zacks Industry Rank of 67, placing it in the top 27% of over 250 industries [9] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [9]

Core Viewpoint - ServiceNow's stock price has significantly increased, raising questions about the potential for a stock split, despite the company never having performed one before [1][2][10]. Group 1: Stock Performance - ServiceNow's stock has more than doubled in the last two years, outperforming the S&P 500 index, which rose by 45% during the same period [1]. - Over the last decade, ServiceNow investors have seen gains of 1,360%, compared to the broader market's 181% [2]. - The company generated $3.1 billion in free cash flow from $10 billion in top-line sales over the last four quarters, indicating strong financial performance [8]. Group 2: Stock Split Considerations - Stock splits can make shares more accessible to investors, particularly those with limited budgets, and can enhance stock-based compensation management [4]. - A potential 10-for-1 stock split could lower the share price below $100, which might convey confidence in the company's future [8]. - Despite the potential benefits, stock splits do not create additional value for shareholders, as they merely change the number of shares without altering ownership [5]. Group 3: Current Market Context - ServiceNow's shares are currently trading at high valuations, with a price-to-earnings ratio of 161 and a free cash flow multiple of 59, suggesting that a stock split may not be necessary at this time [9]. - The company has not indicated any plans for a stock split during earnings calls, and the current high stock price may not warrant such a move [8][11]. - A stock split might be more beneficial if the stock price were to decline significantly, potentially boosting morale among investors and employees [10].

The stock is up nearly 60% since the beginning of the year. In the crowded field of enterprise software companies, ServiceNow (NOW 3.24%) continues to stand out as a leader in workflow automation. ServiceNow's ability to foster efficiencies is critical to organizations in a time of economic uncertainty and rising labor costs. Will these improvements will continue to translate into gains for investors? As the stock price rises, long-term investors should take a closer look at this SaaS stock to see if it sti ...

These companies have plenty of growth ahead. With the artificial intelligence (AI) market expected to triple in size through the end of the decade, investors who choose the right tech stocks should do very well. Statista projects the AI market to climb to $826 billion by 2030. Here are two stocks that will help you profit from this opportunity. 1. Nvidia The rapid adoption of AI is driving phenomenal growth for leading AI chip supplier Nvidia (NVDA -1.92%). The stock soared over the last year, but Nvidia co ...

ServiceNow (NOW) shares have returned 6.4% in the past month, outperforming the Zacks Computer & Technology sector and the Zacks Computers – IT Services industry. While the sector has dropped 2.6%, the industry has returned 5.4% over the same time frame. ServiceNow has been benefiting from strong expansion in clientele as enterprises undergoing digital transformation continue to adopt its workflow solutions. NOW's growing Generative AI prowess and strong partner base are driving prospects. Year to date, Ser ...