In the last three months, 46 analysts have published ratings on ServiceNow NOW, offering a diverse range of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 17 | 24 | 3 | 0 | 2 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 13 | 19 | 2 | 0 | 2 |
| 2M Ago | 3 | 5 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $1045.39, a high estimate of $1300.00, and a low estimate of $716.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 4.52%.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of ServiceNow among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Tyler Radke | Citigroup | Raises | Buy | $1160.00 | $1128.00 |
| Brad Reback | Stifel | Raises | Buy | $1050.00 | $975.00 |
| Matthew Hedberg | RBC Capital | Raises | Outperform | $1100.00 | $1060.00 |
| Patrick Walravens | JMP Securities | Maintains | Market Outperform | $1300.00 | $1300.00 |
| Brian Schwartz | Oppenheimer | Raises | Outperform | $1100.00 | $970.00 |
| Mike Cikos | Needham | Maintains | Buy | $1050.00 | $1050.00 |
| Joel Fishbein | Truist Securities | Raises | Buy | $1200.00 | $950.00 |
| Raimo Lenschow | Barclays | Raises | Overweight | $969.00 | $967.00 |
| Mike Cikos | Needham | Lowers | Buy | $1050.00 | $1200.00 |
| Matthew Hedberg | RBC Capital | Raises | Outperform | $1060.00 | $975.00 |
| Karl Keirstead | UBS | Raises | Buy | $1025.00 | $900.00 |
| Keith Weiss | Morgan Stanley | Raises | Equal-Weight | $950.00 | $881.00 |
| John Difucci | Guggenheim | Raises | Sell | $724.00 | $716.00 |
| Thomas Blakey | Cantor Fitzgerald | Maintains | Overweight | $1048.00 | $1048.00 |
| Mark Murphy | JP Morgan | Raises | Overweight | $1020.00 | $970.00 |
| Allan Verkhovski | Scotiabank | Raises | Sector Outperform | $1075.00 | $1050.00 |
| Brad Reback | Stifel | Raises | Buy | $975.00 | $950.00 |
| Derrick Wood | TD Securities | Maintains | Buy | $1100.00 | $1100.00 |
| Patrick Walravens | JMP Securities | Maintains | Market Outperform | $1300.00 | $1300.00 |
| Rob Owens | Piper Sandler | Lowers | Overweight | $1120.00 | $1200.00 |
| Michael Turrin | Wells Fargo | Raises | Overweight | $1150.00 | $1100.00 |
| Kirk Materne | Evercore ISI Group | Raises | Outperform | $1000.00 | $925.00 |
| Rob Oliver | Baird | Raises | Outperform | $1150.00 | $1010.00 |
| Richard Davis | Canaccord Genuity | Raises | Buy | $1075.00 | $900.00 |
| Tyler Radke | Citigroup | Lowers | Buy | $1082.00 | $1426.00 |
| Keith Bachman | BMO Capital | Lowers | Outperform | $950.00 | $990.00 |
| Mark Murphy | JP Morgan | Lowers | Overweight | $970.00 | $1200.00 |
| David Hynes | Canaccord Genuity | Lowers | Buy | $900.00 | $1275.00 |
| Raimo Lenschow | Barclays | Lowers | Overweight | $967.00 | $1200.00 |
| Keith Weiss | Morgan Stanley | Lowers | Equal-Weight | $881.00 | $960.00 |
| Thomas Blakey | Cantor Fitzgerald | Maintains | Overweight | $1048.00 | $1048.00 |
| John Difucci | Guggenheim | Maintains | Sell | $716.00 | $716.00 |
| Brad Sills | B of A Securities | Lowers | Buy | $1025.00 | $1280.00 |
| Samad Samana | Jefferies | Lowers | Buy | $1025.00 | $1250.00 |
| Michael Turrin | Wells Fargo | Lowers | Overweight | $1100.00 | $1250.00 |
| Kash Rangan | Goldman Sachs | Lowers | Buy | $1050.00 | $1200.00 |
| Robert Majek | Raymond James | Lowers | Outperform | $1000.00 | $1200.00 |
| Keith Bachman | BMO Capital | Lowers | Outperform | $990.00 | $1185.00 |
| Brad Reback | Stifel | Lowers | Buy | $950.00 | $1175.00 |
| Joel Fishbein | Truist Securities | Lowers | Hold | $950.00 | $1100.00 |
| Rob Oliver | Baird | Lowers | Outperform | $1010.00 | $1200.00 |
| Gregg Moskowitz | Mizuho | Lowers | Outperform | $1100.00 | $1210.00 |
| Thomas Blakey | Cantor Fitzgerald | Maintains | Overweight | $1048.00 | $1048.00 |
| Karl Keirstead | UBS | Lowers | Buy | $1000.00 | $1250.00 |
| Patrick Walravens | Citizens Capital Markets | Maintains | Market Outperform | $1300.00 | $1300.00 |
| David Hynes | Canaccord Genuity | Maintains | Buy | $1275.00 | $1275.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to ServiceNow. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of ServiceNow compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of ServiceNow's stock. This examination reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of ServiceNow's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on ServiceNow analyst ratings.
Unveiling the Story Behind ServiceNow
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
Key Indicators: ServiceNow's Financial Health
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Over the 3M period, ServiceNow showcased positive performance, achieving a revenue growth rate of 18.63% as of 31 March, 2025. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: ServiceNow's net margin is impressive, surpassing industry averages. With a net margin of 14.9%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 4.66%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): ServiceNow's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.22%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.24.
The Significance of Analyst Ratings Explained
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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