ServiceNow, Inc. (NOW)
NYSE: NOW · IEX Real-Time Price · USD
827.61
-1.18 (-0.14%)
At close: Jul 26, 2024, 4:00 PM
828.15
+0.54 (0.07%)
After-hours: Jul 26, 2024, 7:58 PM EDT

ServiceNow Stock Forecast

Stock Price Forecast

The 30 analysts with 12-month price forecasts for ServiceNow stock have an average target of 826.17, with a low estimate of 600 and a high estimate of 935. The average target predicts a decrease of -0.17% from the current stock price of 827.61.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $600 $826.17 $850 $935
Change -27.50% -0.17% +2.71% +12.98%

Analyst Ratings

The average analyst rating for ServiceNow stock from 30 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 '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 141312111113
Buy 211818161514
Hold 223332
Sell 000000
Strong Sell 000001
Total 373333302930

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JMP Securities
JMP Securities
Buy
Maintains
$825$850
Buy Maintains $825$850 +2.71% Jul 25, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$870$900
Strong Buy Maintains $870$900 +8.75% Jul 25, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$920$935
Buy Maintains $920$935 +12.98% Jul 25, 2024
Deutsche Bank
Deutsche Bank
Strong Buy
Maintains
$875$900
Strong Buy Maintains $875$900 +8.75% Jul 25, 2024
RBC Capital
RBC Capital
Buy
Maintains
$850$880
Buy Maintains $850$880 +6.33% Jul 25, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
3.46B4.52B5.90B7.25B8.97B11.00B13.27B16.03B18.70B22.04B
Revenue Growth
32.63%30.61%30.47%22.88%23.82%22.64%20.59%20.80%16.70%17.83%
EPS
3.180.591.131.608.4213.6616.4120.0723.4628.67
EPS Growth
--81.45%91.53%41.59%426.25%62.21%20.16%22.31%16.88%22.19%
Forward PE
-----60.6050.4341.2335.2728.87
No. Analysts -----42422433
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.