ServiceNow, Inc. (NOW)
NYSE: NOW · Real-Time Price · USD
1,096.85
+25.37 (2.37%)
At close: Jan 21, 2025, 4:00 PM
1,109.43
+12.58 (1.15%)
Pre-market: Jan 22, 2025, 8:07 AM EST
ServiceNow Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for ServiceNow stock have an average target of 1,074, with a low estimate of 640 and a high estimate of 1,332. The average target predicts a decrease of -2.07% from the current stock price of 1,096.85.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ServiceNow stock from 30 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 12 | 10 | 10 | 9 | 9 |
| Buy | 14 | 12 | 14 | 14 | 15 | 16 |
| Hold | 2 | 2 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 30 | 27 | 28 | 28 | 29 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Maintains $1,000 → $1,300 | Buy | Maintains | $1,000 → $1,300 | +18.52% | Jan 21, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $1,332 | Buy | Initiates | $1,332 | +21.44% | Jan 16, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $1,050 → $1,200 | Strong Buy | Maintains | $1,050 → $1,200 | +9.40% | Jan 10, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $1,000 → $1,200 | Buy | Maintains | $1,000 → $1,200 | +9.40% | Jan 6, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $1,045 → $1,210 | Buy | Maintains | $1,045 → $1,210 | +10.32% | Jan 3, 2025 |
Financial Forecast
Revenue This Year
11.09B
from 8.97B
Increased by 23.56%
Revenue Next Year
13.36B
from 11.09B
Increased by 20.52%
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 | 29.8% | 30.6% | 35.3% | |||
| Avg | 23.6% | 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.