ServiceNow, Inc. (NOW)
NYSE: NOW · Real-Time Price · USD
1,091.25
+16.38 (1.52%)
At close: Dec 20, 2024, 4:00 PM
1,090.48
-0.77 (-0.07%)
After-hours: Dec 20, 2024, 6:09 PM EST
ServiceNow Stock Forecast
Stock Price Forecast
The 27 analysts with 12-month price forecasts for ServiceNow stock have an average target of 1,025, with a low estimate of 640 and a high estimate of 1,300. The average target predicts a decrease of -6.11% from the current stock price of 1,091.25.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ServiceNow stock from 28 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 13 | 12 | 10 | 10 | 9 |
| Buy | 14 | 14 | 12 | 14 | 14 | 14 |
| Hold | 2 | 2 | 2 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 30 | 30 | 27 | 28 | 28 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $1,000 → $1,200 | Strong Buy | Maintains | $1,000 → $1,200 | +9.97% | Dec 20, 2024 |
| Keybanc | Keybanc | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Dec 13, 2024 |
| Mizuho | Mizuho | Buy Maintains $1,070 → $1,210 | Buy | Maintains | $1,070 → $1,210 | +10.88% | Dec 13, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $900 → $1,100 | Hold | Maintains | $900 → $1,100 | +0.80% | Dec 12, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $1,025 → $1,300 | Strong Buy | Maintains | $1,025 → $1,300 | +19.13% | Dec 10, 2024 |
Financial Forecast
Revenue This Year
11.08B
from 8.97B
Increased by 23.53%
Revenue Next Year
13.36B
from 11.08B
Increased by 20.51%
EPS This Year
14.06
from 8.42
Increased by 66.96%
EPS Next Year
16.86
from 14.06
Increased by 19.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 11.6B | 14.5B | 18.1B | |||
| Avg | 11.1B | 13.4B | 16.1B | |||
| Low | 10.4B | 12.6B | 15.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 29.1% | 30.7% | 35.3% | |||
| Avg | 23.5% | 20.5% | 20.2% | |||
| Low | 16.4% | 13.7% | 13.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 15.15 | 19.43 | 25.10 | |||
| Avg | 14.06 | 16.86 | 20.57 | |||
| Low | 13.28 | 15.16 | 18.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 79.9% | 38.2% | 48.9% | |||
| Avg | 67.0% | 19.9% | 22.0% | |||
| Low | 57.7% | 7.8% | 9.1% |
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.