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Truist Cut PT on ServiceNow (NOW) to $175 From $240 – Here’s Why
Yahoo Finance· 2026-02-08 08:48
ServiceNow, Inc. (NYSE:NOW) is one of the most promising future stocks to buy now. On February 5, Truist revised the price target on ServiceNow, Inc. (NYSE:NOW) to $175 from $240 and maintained a Buy rating on the shares, releasing the rating update as part of a broader research note on the Infrastructure Software names. It told investors that the sector pullback is primarily being driven by concerns associated with terminal value instead of near-term fundamentals, and this makes AI narratives highly criti ...
Software Stocks Are in a Bear Market. Should You Buy the Dip in ServiceNow?
Yahoo Finance· 2026-01-31 20:58
With a market cap of about $121.5 billion and a broad global footprint, ServiceNow operates at true enterprise scale. The platform integrates with major cloud providers, large language models, and enterprise data, positioning the company as a “control tower” for modern businesses. A flexible pricing mix of subscription and consumption models, including the Pro Plus tier, supports growth while reinforcing its long-term relevance.Founded in 2004, ServiceNow has evolved into a central force in enterprise digit ...
Stifel Sees Long-Term Value in ServiceNow (NOW) Despite Near-Term Headwinds
Yahoo Finance· 2026-01-19 11:02
Group 1 - ServiceNow Inc. (NYSE:NOW) is considered one of the best debt-free stocks to buy, although there is a potential near-term headwind identified by Stifel analyst Brad Reback [1] - A reduction in U.S. federal spending has been noted, with a Treasury Department contract showing a cut of approximately $15 million due to the government's Deferred Resignation Program (DRP) [2] - The DRP allows federal employees to take fully paid leave if they resign by September 30, 2025, and is beginning to impact software seat counts across federal agencies [3] Group 2 - Estimates suggest that around 200,000 non-Department of Defense employees have opted into the DRP, which may lead to further contract adjustments and create headwinds for growth in seat-based enterprise software models through 2026 [4] - Reback reaffirmed a Buy rating for ServiceNow and adjusted the price target from $230 to $200, indicating over 40% upside potential [5] - Goldman Sachs also initiated coverage of ServiceNow with a Buy rating and a price target of $205 [5] Group 3 - ServiceNow provides cloud-based platforms for digital workflows, enabling organizations to automate and optimize business processes across various areas including IT service management and customer service [6]
Analysts Are Bullish on ServiceNow (NOW) – Here’s Why
Yahoo Finance· 2026-01-19 09:19
Group 1 - ServiceNow, Inc. (NYSE:NOW) is recognized as a strong buy growth stock by hedge funds, with multiple firms maintaining bullish ratings and price targets ranging from $200 to $250.60 [1][2][3] - Citi expects a solid upcoming quarter for ServiceNow, supported by a strong quarter-end, healthier sales pipelines, and incremental budget releases, alongside rising contributions from AI-related offerings [2][3] - The market is currently pricing ServiceNow shares at unusually low valuation levels compared to previous cycle troughs, which does not reflect the company's fundamental trajectory [3] Group 2 - ServiceNow offers an AI platform for business transformation, enhancing productivity and maximizing business outcomes through its Now Platform, which provides end-to-end workflow automation as a cloud-based solution embedded with AI and ML [4]
What Does Wall Street Think About ServiceNow (NOW)?
Yahoo Finance· 2026-01-15 16:39
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]
Jefferies Names ServiceNow (NOW) AI Growth Winner, Reaffirms Buy
Yahoo Finance· 2026-01-08 15:09
Core Viewpoint - ServiceNow, Inc. (NYSE:NOW) is identified as a leading AI stock with strong growth potential, despite facing some challenges in 2025 [1][2]. Group 1: Company Performance and Growth - Jefferies analysts have recognized ServiceNow as a company that is effectively leveraging AI for business growth, highlighting its readiness to recover from potential slowdowns [2][3]. - The anticipated return to strong growth is expected to be driven by a mature set of AI tools, new product launches, stable spending from the US federal government, and effective management [2][3]. Group 2: Market Reactions and Analyst Opinions - Stifel has adjusted its price target for ServiceNow from $1,150 to $230, attributing this change to a technical adjustment related to a stock split, while maintaining their overall outlook for the company [4]. - The EPS estimates were updated to reflect the new share count post-split, indicating that the underlying fundamentals of the company remain unchanged [4]. Group 3: Company Overview - ServiceNow is a software company specializing in digital workflow and enterprise automation solutions, integrating generative AI to enhance productivity and improve user experiences [5].
Where Is ServiceNow (NOW) Headed According to the Street?
Yahoo Finance· 2026-01-08 07:34
ServiceNow, Inc. (NYSE:NOW) is one of the best strong buy stocks to invest in right now. On December 30, Canaccord Genuity reaffirmed a bullish stance on ServiceNow, Inc. (NYSE:NOW), giving the stock a Buy rating with a price target of $224.00. ServiceNow, Inc. (NOW) Is Competing With The Rise Of AI, Says Jim Cramer In a separate development, ServiceNow, Inc. (NYSE:NOW) announced on December 23 that it entered into an agreement to acquire Armis, a leading company in cyber exposure management and cyber ph ...
ServiceNow (NOW) Gets Initiated With a Neutral Rating by Macquarie
Yahoo Finance· 2025-11-28 07:19
ServiceNow, Inc. (NYSE:NOW) is one of the best low volatility large cap stocks to invest in. ServiceNow, Inc. (NYSE:NOW) was initiated with a Neutral rating by Macquarie analyst Steven Koenig on November 25 with a price target of $860. The firm told investors that it considers ServiceNow, Inc. (NYSE:NOW) to be a “great company but only a fair stock” at current share levels. ServiceNow, Inc. (NOW) Is Competing With The Rise Of AI, Says Jim Cramer Although the analyst acknowledges its position as a leading ...
ServiceNow Just Announced a 5-for-1 Stock Split. So, Is Now the Time to Buy NOW Stock?
Yahoo Finance· 2025-11-06 21:48
Core Insights - The artificial intelligence (AI) boom is significantly enhancing enterprise software, with ServiceNow emerging as a leader in this transformation [1][2] - ServiceNow's recent Q3 earnings report exceeded Wall Street expectations, highlighting its strong position in enterprise automation [2] - The company announced a 5-for-1 stock split to increase stock accessibility and liquidity, pending shareholder approval [3] Company Overview - Founded in 2004, ServiceNow is based in Santa Clara and focuses on intelligent workflow automation through its Now Platform, utilizing AI and machine learning [4] - The platform supports various industries, including finance, healthcare, and technology, enhancing operational efficiency [4] - ServiceNow has a market capitalization of $182.96 billion and plays a crucial role in enterprise digital transformation [4] AI Integration and Business Model - ServiceNow's AI capabilities work in conjunction with major cloud providers and enterprise data sources, acting as a "control tower" for businesses [5] - The company employs a unique pricing model that combines subscription and consumption-based structures, increasing flexibility and revenue [5] - Internally, ServiceNow leverages AI to streamline operations and improve workforce efficiency, reflecting the benefits it offers to its clients [5] Stock Performance - Over the past decade, ServiceNow's stock has increased by more than 920%, with a nearly 115% rise in the last three years [6] - Despite strong business performance, the stock is down 19% year-to-date in 2025, influenced by broader software sector pressures [6]
Cantor Fitzgerald Reaffirms Overweight on ServiceNow (NOW) with a $1,200 Target
Yahoo Finance· 2025-10-31 14:50
Core Viewpoint - ServiceNow Inc. is highlighted as a strong investment opportunity by Citadel LLC, with a bullish outlook from Cantor Fitzgerald analyst Thomas Blakey, who maintains an Overweight rating and sets a price target of $1,200, indicating a premium valuation multiple of 16x based on CY 2026 revenue [1][3]. Group 1: Company Performance - ServiceNow has demonstrated profitable growth, driven by increasing demand for its AI and agentic AI solutions, which has allowed the company to enhance its platform capabilities and expand its addressable market [2][4]. - The company is expected to achieve or exceed its $1 billion annual contract value (ACV) target for CY 2026, supported by strong operational trends [4]. Group 2: Market Dynamics - Despite challenges such as the government shutdown, large federal agencies are reportedly increasing their spending, which is reflected in the annual contract value (ACV) metrics, indicating the strategic positioning of ServiceNow's platforms [3]. - There is robust demand and customer traction for ServiceNow's agentic offerings, particularly its products Fabric and RaptorDB, which are contributing to the company's growth [3].