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Why Analysts Stay Bullish on ServiceNow, Inc. (NOW) Despite a 28% Slide
Yahoo Finance· 2026-01-17 11:45
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].
12 Stocks with Best Earnings Growth for the Next 5 Years
Insider Monkey· 2026-01-17 06:22
In this article, we will take a look at the stocks with the best earnings growth for the next 5 years.After decades of market leadership concentrated narrowly, investors are increasingly shifting their focus to companies with sustainable earnings power. That said, many believe the next phase of market returns will be driven by fundamentals, rather than hype.On January 15, Reuters published “S&P 500 leadership showing signs of broadening beyond tech,” an article asserting that investors are now pushing for a ...
Why Goldman Sachs Is Betting on ServiceNow, Inc. (NOW)’s Long-Term Growth
Yahoo Finance· 2026-01-15 13:15
ServiceNow, Inc. (NYSE:NOW) is among the most promising growth stocks according to analysts. On January 12, Goldman Sachs assumed coverage on ServiceNow, Inc. (NYSE:NOW) with a ‘Buy’ rating and a price target of $205, which suggests an upside potential of about 44%. According to the firm, AI adoption will be a “positive tailwind” to the software total addressable market over the next ten years. That said, the analyst believes the company is poised to lead the agent orchestration market. Gabriela Borges, ...