ServiceNow, Inc. (NYSE:NOW) Receives Consensus Rating of “Moderate Buy” from Analysts

ServiceNow, Inc. (NYSE:NOWGet Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the forty-three ratings firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, thirty-two have issued a buy recommendation and three have given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $192.0649.

Several research analysts have recently weighed in on the company. Evercore restated an “outperform” rating and issued a $175.00 price target (down from $225.00) on shares of ServiceNow in a research note on Thursday, January 29th. Canaccord Genuity Group set a $200.00 price target on shares of ServiceNow in a research report on Thursday, January 29th. Royal Bank Of Canada cut their price objective on shares of ServiceNow from $185.00 to $150.00 and set an “outperform” rating for the company in a research report on Monday, February 9th. BMO Capital Markets reduced their price objective on ServiceNow from $175.00 to $170.00 and set an “outperform” rating for the company in a research note on Thursday, January 29th. Finally, The Goldman Sachs Group set a $216.00 target price on ServiceNow in a research report on Monday, February 2nd.

Get Our Latest Stock Report on NOW

ServiceNow Stock Performance

Shares of NOW stock opened at $120.52 on Friday. The company’s fifty day moving average price is $123.48 and its 200-day moving average price is $157.84. The stock has a market cap of $126.06 billion, a PE ratio of 72.25, a price-to-earnings-growth ratio of 1.92 and a beta of 0.99. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.12. ServiceNow has a 12 month low of $98.00 and a 12 month high of $211.48.

ServiceNow (NYSE:NOWGet Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The information technology services provider reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03. The company had revenue of $3.57 billion during the quarter, compared to analysts’ expectations of $3.53 billion. ServiceNow had a net margin of 13.16% and a return on equity of 18.54%. ServiceNow’s revenue was up 20.7% on a year-over-year basis. During the same period last year, the company posted $0.73 EPS. On average, equities analysts expect that ServiceNow will post 8.93 EPS for the current fiscal year.

Insider Activity at ServiceNow

In other ServiceNow news, Director Paul Edward Chamberlain sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $101.17, for a total value of $151,755.00. Following the completion of the transaction, the director directly owned 46,430 shares in the company, valued at $4,697,323.10. This represents a 3.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kevin Thomas Mcbride sold 1,400 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $105.71, for a total transaction of $147,994.00. Following the sale, the insider owned 26,314 shares in the company, valued at $2,781,652.94. The trade was a 5.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 16,237 shares of company stock worth $1,697,162. 0.34% of the stock is owned by company insiders.

Institutional Investors Weigh In On ServiceNow

Institutional investors have recently bought and sold shares of the business. Sentinel Dome Partners LLC bought a new position in shares of ServiceNow in the fourth quarter worth about $2,183,000. Pure Financial Advisors LLC lifted its holdings in ServiceNow by 399.2% in the 4th quarter. Pure Financial Advisors LLC now owns 5,961 shares of the information technology services provider’s stock worth $913,000 after purchasing an additional 4,767 shares in the last quarter. Rehmann Capital Advisory Group boosted its stake in ServiceNow by 362.6% in the 4th quarter. Rehmann Capital Advisory Group now owns 4,793 shares of the information technology services provider’s stock worth $735,000 after purchasing an additional 3,757 shares during the period. SHP Wealth Management purchased a new stake in ServiceNow during the 4th quarter valued at approximately $150,000. Finally, Stenger Family Office LLC raised its position in shares of ServiceNow by 173.4% during the fourth quarter. Stenger Family Office LLC now owns 8,121 shares of the information technology services provider’s stock valued at $1,244,000 after buying an additional 5,151 shares during the last quarter. Hedge funds and other institutional investors own 87.18% of the company’s stock.

Trending Headlines about ServiceNow

Here are the key news stories impacting ServiceNow this week:

  • Positive Sentiment: Major M&A expands AI/security footprint — ServiceNow is buying Israeli AI/security assets as part of an acquisition push (including the high‑profile Armis deal), signaling accelerated capability buildup and inorganic growth that investors view favorably. Cloud Stocks: ServiceNow Goes On An Acquisition Spree In Israel
  • Positive Sentiment: New government / enterprise AI products — At its Government Forum ServiceNow unveiled EmployeeWorks (integrating Moveworks conversational AI) and other trusted‑AI solutions for mission-critical public‑sector workflows, strengthening enterprise adoption narratives. ServiceNow powers government reinvention with trusted AI
  • Positive Sentiment: New AI product launch (Autonomous Workforce) creates monetization runway — ServiceNow’s Autonomous Workforce product positions the company to sell specialized AI agents that complete enterprise work, expanding addressable market and upsell opportunities. ServiceNow, Inc. (NOW) Launches New Autonomous Workforce
  • Positive Sentiment: Commercial traction with telecom partners — A deployment with NTT DOCOMO and StarHub to improve roaming via ServiceNow AI is a tangible enterprise win that supports near‑term revenue proof points for AI workflow adoption. ServiceNow, NTT DOCOMO, StarHub Join Forces
  • Positive Sentiment: Technical/market momentum — Chart analysts point to a double‑bottom breakout and momentum shift that has attracted dip buyers; combined with broader “AI selloff may have overshot” sentiment, this is fueling short‑term buying interest. ServiceNow (NOW) Price Forecast: Double Bottom Signals Trend Shift
  • Neutral Sentiment: Identity/security ecosystem integration — 1Kosmos announced step‑up identity verification for ServiceNow help‑desk and sensitive change workflows; useful for customers but likely a modest near‑term revenue impact. 1Kosmos Brings Step‑Up Identity Verification to ServiceNow
  • Neutral Sentiment: Elevated investor attention and conference activity — Coverage, searches, and the Morgan Stanley presentation keep the stock in focus; these amplify moves but aren’t a direct fundamental driver. Investors Heavily Search ServiceNow, Inc. (NOW)

ServiceNow Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for ServiceNow (NYSE:NOW)

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