FY2025 EPS Estimates for ServiceNow Raised by DA Davidson

ServiceNow, Inc. (NYSE:NOW) – Stock analysts at DA Davidson increased their FY2025 EPS estimates for ServiceNow in a research note issued to investors on Thursday, October 30th. DA Davidson analyst G. Luria now forecasts that the information technology services provider will post earnings of $10.01 per share for the year, up from their prior forecast of $9.49. The consensus estimate for ServiceNow’s current full-year earnings is $8.93 per share. DA Davidson also issued estimates for ServiceNow’s Q4 2025 earnings at $2.66 EPS and FY2026 earnings at $12.02 EPS.

ServiceNow (NYSE:NOW) last issued its earnings results on Wednesday, October 29th. The information technology services provider reported $4.82 EPS for the quarter, topping analysts’ consensus estimates of $4.21 by $0.61. ServiceNow had a net margin of 13.66% and a return on equity of 19.23%. The company had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.35 billion. During the same period in the previous year, the firm earned $3.72 earnings per share. ServiceNow’s quarterly revenue was up 21.8% compared to the same quarter last year.

Other equities research analysts also recently issued reports about the stock. Morgan Stanley set a $1,315.00 price target on shares of ServiceNow and gave the company an “overweight” rating in a research note on Thursday. JPMorgan Chase & Co. boosted their price target on shares of ServiceNow from $1,020.00 to $1,075.00 and gave the company an “overweight” rating in a research note on Thursday. Needham & Company LLC boosted their price target on shares of ServiceNow from $1,050.00 to $1,200.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. TD Cowen boosted their price target on shares of ServiceNow from $1,200.00 to $1,250.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Wall Street Zen downgraded shares of ServiceNow from a “buy” rating to a “hold” rating in a research note on Saturday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, ServiceNow has an average rating of “Moderate Buy” and a consensus target price of $1,159.66.

ServiceNow Price Performance

ServiceNow stock opened at $918.22 on Friday. The company’s 50 day simple moving average is $922.19 and its 200-day simple moving average is $946.81. The company has a market capitalization of $190.99 billion, a price-to-earnings ratio of 111.03, a price-to-earnings-growth ratio of 4.11 and a beta of 0.92. ServiceNow has a 1 year low of $678.66 and a 1 year high of $1,198.09. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.09 and a current ratio of 1.09.

ServiceNow shares are scheduled to split before the market opens on Friday, December 5th. The 5-1 split was announced on Wednesday, October 29th. The newly minted shares will be payable to shareholders after the market closes on Thursday, December 4th.

Insider Activity at ServiceNow

In other ServiceNow news, General Counsel Russell S. Elmer sold 1,698 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $884.26, for a total transaction of $1,501,473.48. Following the completion of the transaction, the general counsel owned 4,332 shares in the company, valued at $3,830,614.32. The trade was a 28.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Gina Mastantuono sold 1,762 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $866.45, for a total transaction of $1,526,684.90. Following the transaction, the chief financial officer owned 12,228 shares of the company’s stock, valued at $10,594,950.60. This trade represents a 12.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 17,980 shares of company stock worth $16,049,017 over the last ninety days. 0.38% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kilter Group LLC acquired a new position in shares of ServiceNow in the 2nd quarter valued at $25,000. Global X Japan Co. Ltd. acquired a new position in shares of ServiceNow in the 2nd quarter valued at $30,000. Total Investment Management Inc. acquired a new position in shares of ServiceNow in the 2nd quarter valued at $31,000. LGT Financial Advisors LLC acquired a new position in shares of ServiceNow in the 2nd quarter valued at $32,000. Finally, Bogart Wealth LLC boosted its holdings in shares of ServiceNow by 93.8% in the 3rd quarter. Bogart Wealth LLC now owns 31 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 15 shares in the last quarter. Institutional investors and hedge funds own 87.18% of the company’s stock.

About ServiceNow

ServiceNow, Inc provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.