ServiceNow, Inc. (NOW)
NYSE: NOW · Real-Time Price · USD
917.68
+27.04 (3.04%)
Oct 4, 2024, 4:00 PM EDT - Market closed
ServiceNow Stock Forecast
Stock Price Forecast
The 26 analysts with 12-month price forecasts for ServiceNow stock have an average target of 852.73, with a low estimate of 640 and a high estimate of 935. The average target predicts a decrease of -7.08% from the current stock price of 917.68.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ServiceNow stock from 26 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 11 | 11 | 13 | 13 | 11 |
| Buy | 18 | 16 | 15 | 14 | 14 | 12 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Total | 33 | 30 | 29 | 30 | 30 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $900 | Strong Buy | Reiterates | $900 | -1.93% | Sep 9, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $825 → $850 | Buy | Maintains | $825 → $850 | -7.38% | Jul 25, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $870 → $900 | Strong Buy | Maintains | $870 → $900 | -1.93% | Jul 25, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $920 → $935 | Buy | Maintains | $920 → $935 | +1.89% | Jul 25, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $875 → $900 | Strong Buy | Maintains | $875 → $900 | -1.93% | Jul 25, 2024 |
Financial Forecast
Revenue This Year
11.02B
from 8.97B
Increased by 22.78%
Revenue Next Year
13.28B
from 11.02B
Increased by 20.57%
EPS This Year
13.93
from 8.42
Increased by 65.39%
EPS Next Year
16.70
from 13.93
Increased by 19.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.6B | 14.5B | 18.1B | ||
| Avg | 11.0B | 13.3B | 16.0B | ||
| Low | 10.4B | 12.5B | 14.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.4% | 31.8% | 36.2% | ||
| Avg | 22.8% | 20.6% | 20.7% | ||
| Low | 15.6% | 13.2% | 9.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.10 | 18.97 | 24.30 | ||
| Avg | 13.93 | 16.70 | 20.45 | ||
| Low | 12.79 | 14.77 | 17.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 79.3% | 36.2% | 45.5% | ||
| Avg | 65.4% | 20.0% | 22.4% | ||
| Low | 51.9% | 6.1% | 7.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.