Workflow
Digital Workflows
icon
Search documents
ServiceNow (NYSE:NOW) Sees Optimistic Price Target from Mizuho Securities
Financial Modeling Prep· 2026-01-21 19:08
Core Viewpoint - ServiceNow is a key player in the cloud computing sector, focusing on digital workflows and enterprise solutions, and is recognized for its innovative platform that enhances business operations [1] Group 1: Company Performance - In 2025, ServiceNow faced a challenging year with a stock price decline of nearly 28%, despite efforts to strengthen its market position through a high-profile acquisition and significant platform updates [2][3] - The stock's current price is $125.40, reflecting a decrease of 1.91, or -1.50%, with a market capitalization of approximately $130.21 billion [4] - Over the past year, the stock has experienced volatility, reaching a high of $239.62 and a low of $125.03 [5] Group 2: Market Outlook - Mizuho Securities has set a price target of $190 for ServiceNow, indicating a potential price increase of approximately 51.52% from its current trading price [2][6] - The optimistic outlook from Mizuho Securities suggests confidence in ServiceNow's potential for recovery and growth despite the previous year's challenges [5][6] Group 3: Product Innovations - ServiceNow introduced major updates to its platform in 2025, including the Yokohama upgrade that transitioned its AI platform to a more autonomous system, followed by the Zurich upgrade to further enhance capabilities [3]