ServiceNow, Inc. (NOW)
NYSE: NOW · Real-Time Price · USD
1,022.98
+0.88 (0.09%)
At close: Nov 20, 2024, 4:00 PM
1,024.69
+1.71 (0.17%)
After-hours: Nov 20, 2024, 7:22 PM EST
ServiceNow Stock Forecast
Stock Price Forecast
The 28 analysts with 12-month price forecasts for ServiceNow stock have an average target of 970.14, with a low estimate of 640 and a high estimate of 1,150. The average target predicts a decrease of -5.17% from the current stock price of 1,022.98.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 13 | 13 | 12 | 10 | 10 |
| Buy | 15 | 14 | 14 | 12 | 14 | 14 |
| Hold | 3 | 2 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Total | 29 | 30 | 30 | 27 | 28 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Buy Maintains $980 → $1,070 | Buy | Maintains | $980 → $1,070 | +4.60% | Nov 19, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $1,050 → $1,150 | Buy | Maintains | $1,050 → $1,150 | +12.42% | Nov 12, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $1,068 → $1,071 | Strong Buy | Maintains | $1,068 → $1,071 | +4.69% | Oct 25, 2024 |
| Bernstein | Bernstein | Buy Maintains $906 → $913 | Buy | Maintains | $906 → $913 | -10.75% | Oct 24, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $985 → $1,045 | Buy | Maintains | $985 → $1,045 | +2.15% | Oct 24, 2024 |
Financial Forecast
Revenue This Year
11.09B
from 8.97B
Increased by 23.59%
Revenue Next Year
13.36B
from 11.09B
Increased by 20.51%
EPS This Year
14.06
from 8.42
Increased by 66.99%
EPS Next Year
16.87
from 14.06
Increased by 19.95%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|
| High | 29.1% | 30.6% | 35.3% | ||
| Avg | 23.6% | 20.5% | 20.3% | ||
| Low | 16.4% | 13.6% | 13.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.15 | 19.43 | 25.10 | ||
| Avg | 14.06 | 16.87 | 20.58 | ||
| Low | 13.28 | 15.16 | 18.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 79.9% | 38.2% | 48.8% | ||
| Avg | 67.0% | 20.0% | 22.0% | ||
| Low | 57.7% | 7.8% | 9.0% |
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.