ServiceNow, Inc. (NYSE:NOW) Receives $192.61 Consensus PT from Brokerages

ServiceNow, Inc. (NYSE:NOW) has been given an average recommendation of “Moderate Buy” by the forty-three ratings firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation, thirty-three have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $188.5895.

NOW has been the topic of several analyst reports. BMO Capital Markets dropped their price target on shares of ServiceNow from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Thursday, January 29th. TD Cowen decreased their price objective on shares of ServiceNow from $200.00 to $185.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Stifel Nicolaus lowered their target price on shares of ServiceNow from $180.00 to $135.00 and set a “buy” rating on the stock in a research report on Thursday. DA Davidson restated a “buy” rating and set a $220.00 target price on shares of ServiceNow in a report on Thursday, January 29th. Finally, DZ Bank upgraded ServiceNow to a “strong-buy” rating in a report on Thursday, December 18th.

ServiceNow Trading Down 2.0%

Shares of NYSE NOW opened at $101.98 on Tuesday. The business has a 50 day simple moving average of $111.06 and a 200 day simple moving average of $147.99. ServiceNow has a 52 week low of $98.00 and a 52 week high of $211.48. The stock has a market cap of $106.67 billion, a price-to-earnings ratio of 61.14, a PEG ratio of 1.74 and a beta of 1.01. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.00 and a current ratio of 1.00.

ServiceNow (NYSE:NOW) last issued its quarterly earnings data on Wednesday, January 28th. The information technology services provider reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.03. The firm had revenue of $3.57 billion for the quarter, compared to analyst estimates of $3.53 billion. ServiceNow had a net margin of 13.16% and a return on equity of 18.54%. The company’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.73 earnings per share. On average, research analysts predict that ServiceNow will post 8.93 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Paul Edward Chamberlain sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $101.17, for a total value of $151,755.00. Following the transaction, the director directly owned 46,430 shares of the company’s stock, valued at approximately $4,697,323.10. This trade represents a 3.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Kevin Thomas Mcbride sold 1,400 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $105.71, for a total value of $147,994.00. Following the completion of the sale, the insider owned 26,314 shares of the company’s stock, valued at approximately $2,781,652.94. This trade represents a 5.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 16,237 shares of company stock valued at $1,697,162. Insiders own 0.34% of the company’s stock.

Institutional Trading of ServiceNow

A number of institutional investors and hedge funds have recently modified their holdings of NOW. J. Derek Lewis & Associates Inc. bought a new stake in shares of ServiceNow during the 4th quarter worth $238,000. Stance Capital LLC grew its stake in ServiceNow by 456.7% in the 4th quarter. Stance Capital LLC now owns 8,050 shares of the information technology services provider’s stock valued at $1,233,000 after buying an additional 6,604 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in ServiceNow by 649.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 515,470 shares of the information technology services provider’s stock worth $78,965,000 after acquiring an additional 446,667 shares during the period. Bank of New Hampshire lifted its position in ServiceNow by 401.9% during the 4th quarter. Bank of New Hampshire now owns 9,275 shares of the information technology services provider’s stock worth $1,421,000 after acquiring an additional 7,427 shares during the last quarter. Finally, Fund Advisors of America Inc FL acquired a new position in ServiceNow during the 4th quarter worth $507,000. 87.18% of the stock is currently owned by institutional investors and hedge funds.

ServiceNow News Roundup

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Benchmark initiated coverage with a Buy and a $125 price target, arguing the selloff creates a compelling entry point for long‑term investors. Benchmark Initiates Coverage
• Positive Sentiment: Morgan Stanley reiterated a Buy and a high $210 target, highlighting resilient growth, AI monetization potential, and accretive dealmaking as long‑term supports. Morgan Stanley Maintains Buy
• Positive Sentiment: ServiceNow expanded its partnership with NVIDIA to operationalize AI workflows (AI Control Tower + NVIDIA Enterprise AI Factory), which supports the company’s AI roadmap and total addressable market narrative. ServiceNow Expands Partnership With NVIDIA
• Positive Sentiment: ServiceNow boosted liquidity with a new $3 billion unsecured revolving credit facility and commercial paper programs, reducing short‑term financing risk ahead of earnings. ServiceNow Boosts Liquidity
• Neutral Sentiment: ServiceNow set April 22 as the date to report Q1 results — a near‑term catalyst that could either validate or widen the recent reassessment of growth expectations. Q1 Earnings Date Announced
• Neutral Sentiment: Company leadership moves (appointment of Kulmeet Bawa as MD & GVP, India/SAARC) and partner integrations (BigPanda) reflect ongoing GTM and ecosystem activity but are unlikely to swing near‑term sentiment materially. ServiceNow Appoints Kulmeet Bawa
• Negative Sentiment: Stifel cut its price target to $135 (from $180), citing weaker U.S. federal spending and softer Q1 trends — the downgrade of expectations for government demand is being cited as a direct reason for recent selling pressure. Stifel Lowers Price Target to $135
• Negative Sentiment: Analyst and media pieces highlight secular challenges — AI‑native competitors, doubts about switching costs, and a large YTD decline — which keep investor skepticism elevated despite product progress. These narratives are pressuring multiples and share price. Fool: AI Competition Concerns

ServiceNow Company Profile

ServiceNow (NYSE: NOW) is a cloud computing company that builds enterprise software to manage digital workflows and automate business processes. Its offerings are designed to replace manual work and legacy systems with cloud-based, service-oriented applications that support IT operations, customer service, human resources, security response and other enterprise functions.

The company’s flagship product family is the Now Platform, a suite of subscription software and platform services that includes IT Service Management (ITSM), IT Operations Management (ITOM), IT Business Management (ITBM), Customer Service Management (CSM), HR Service Delivery, Security Operations and Asset Management.