ServiceNow, Inc. (NOW)
NYSE: NOW · IEX Real-Time Price · USD
768.71
-2.63 (-0.34%)
At close: Apr 12, 2024, 4:00 PM
763.50
-5.21 (-0.68%)
After-hours: Apr 12, 2024, 7:58 PM EDT

ServiceNow Stock Forecast

Stock Price Forecast

The 33 analysts with 12-month price forecasts for ServiceNow stock have an average target of 746.36, with a low estimate of 530 and a high estimate of 1000. The average target predicts a decrease of -2.91% from the current stock price of 768.71.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $530 $746.36 $750 $1000
Change -31.05% -2.91% -2.43% +30.09%

Analyst Ratings

The average analyst rating for ServiceNow stock from 33 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 121314141313
Buy 212121211818
Hold 112222
Sell 000000
Strong Sell 000000
Total 343537373333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Strong Buy
Maintains
$885$900
Strong Buy Maintains $885$900 +17.08% Apr 10, 2024
Keybanc
Keybanc
Buy
Initiates
$1,000
Buy Initiates $1,000 +30.09% Mar 21, 2024
Stifel
Stifel
Strong Buy
Reiterates
$820
Strong Buy Reiterates $820 +6.67% Mar 20, 2024
Stifel
Stifel
Strong Buy
Reiterates
$820
Strong Buy Reiterates $820 +6.67% Mar 14, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$862$896
Strong Buy Maintains $862$896 +16.56% Jan 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
10.99B
from 8.97B
Increased by 22.52%
Revenue Next Year
13.27B
from 10.99B
Increased by 20.71%
EPS This Year
13.36
from 8.42
Increased by 58.72%
EPS Next Year
16.16
from 13.36
Increased by 20.88%
Year 2019202020212022202320242025202620272028
Revenue
3.46B4.52B5.90B7.25B8.97B10.99B13.27B16.06B19.36B22.96B
Revenue Growth
32.63%30.61%30.47%22.88%23.82%22.52%20.71%21.02%20.58%18.61%
EPS
3.180.591.131.608.4213.3616.1619.8821.6925.96
EPS Growth
--81.45%91.53%41.59%426.25%58.72%20.88%23.07%9.12%19.65%
No. Analysts -----40392022
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 11.8B 14.8B 18.4B 21.3B 25.7B
Avg 11.0B 13.3B 16.1B 19.4B 23.0B
Low 10.4B 12.5B 14.6B 18.0B 21.0B

Revenue Growth

Revenue Growth 20242025202620272028
High
31.9%
34.3%
38.6%
32.8%
32.5%
Avg
22.5%
20.7%
21.0%
20.6%
18.6%
Low
15.4%
13.5%
9.9%
12.0%
8.5%

EPS Forecast

EPS 20242025202620272028
High 15.11 19.06 24.04 22.55 26.99
Avg 13.36 16.16 19.88 21.69 25.96
Low 12.08 15.01 17.49 21.05 25.19

EPS Growth

EPS Growth 20242025202620272028
High
79.4%
42.6%
48.8%
13.4%
24.4%
Avg
58.7%
20.9%
23.1%
9.1%
19.6%
Low
43.5%
12.3%
8.3%
5.9%
16.1%
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.