ServiceNow, Inc. (NOW)
NYSE: NOW · IEX Real-Time Price · USD
794.11
+5.15 (0.65%)
At close: Jul 2, 2024, 4:00 PM
793.00
-1.11 (-0.14%)
After-hours: Jul 2, 2024, 7:58 PM EDT
ServiceNow Stock Forecast
Stock Price Forecast
The 27 analysts with 12-month price forecasts for ServiceNow stock have an average target of 792.59, with a low estimate of 575 and a high estimate of 920. The average target predicts a decrease of -0.19% from the current stock price of 794.11.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ServiceNow stock from 29 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 13 | 12 | 11 | 11 | 11 |
| Buy | 21 | 18 | 18 | 16 | 15 | 15 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 37 | 33 | 33 | 30 | 29 | 29 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $820 | Strong Buy | Maintains | $820 | +3.26% | Jul 2, 2024 |
| Keybanc | Keybanc | Buy Maintains $950 → $920 | Buy | Maintains | $950 → $920 | +15.85% | Jul 2, 2024 |
| Needham | Needham | Strong Buy Reiterates $900 | Strong Buy | Reiterates | $900 | +13.33% | Jun 18, 2024 |
| Wolfe Research | Wolfe Research | Buy Reiterates $830 | Buy | Reiterates | $830 | +4.52% | May 10, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | May 7, 2024 |
Financial Forecast
Revenue This Year
11.00B
from 8.97B
Increased by 22.64%
Revenue Next Year
13.27B
from 11.00B
Increased by 20.59%
EPS This Year
13.66
from 8.42
Increased by 62.21%
EPS Next Year
16.41
from 13.66
Increased by 20.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.7B | 14.6B | 18.2B | 19.7B | 23.4B |
| Avg | 11.0B | 13.3B | 16.0B | 18.7B | 22.0B |
| Low | 10.4B | 12.5B | 14.6B | 17.9B | 20.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.7% | 33.1% | 37.5% | 22.8% | 25.0% |
| Avg | 22.6% | 20.6% | 20.8% | 16.7% | 17.8% |
| Low | 15.4% | 13.4% | 9.9% | 11.8% | 12.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.33 | 19.70 | 25.01 | 25.13 | 30.70 |
| Avg | 13.66 | 16.41 | 20.07 | 23.46 | 28.67 |
| Low | 12.74 | 14.94 | 17.46 | 22.08 | 26.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 82.1% | 44.2% | 52.4% | 25.2% | 30.9% |
| Avg | 62.2% | 20.2% | 22.3% | 16.9% | 22.2% |
| Low | 51.3% | 9.4% | 6.4% | 10.0% | 15.0% |
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.