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ServiceNow (NOW)
NYSE:NOW
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NOW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$527.24 - $857.25
Previous Close$855
Volume1.92M
Average Volume (3M)1.34M
Market Cap
$171.24B
Enterprise Value$168.08B
Total Cash (Recent Filing)$5.41B
Total Debt (Recent Filing)$2.25B
Price to Earnings (P/E)154.6
Beta1.78
Next Earnings
Oct 23, 2024EPS Estimate
$3.45Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.53
Shares Outstanding206,000,000
10 Day Avg. Volume848,360
30 Day Avg. Volume1,341,920
Standard Deviation0.09
R-Squared0.35
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)23.76
Price to Sales (P/S)17.20
Price to Cash Flow (P/CF)69.10
P/FCF Ratio122.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue16.88
Enterprise Value/Gross Profit19.42
Enterprise Value/Ebitda70.80
Forecast
1Y Price Target
$872.71Price Target Upside2.07% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering28
ServiceNow News
Bulls Say, Bears Say
Bulls Say
EarningsServiceNow reported total revenue growth of 22% YoY to US$2.63bn, inline with consensus estimate, with non-GAAP operating income up by 32% YoY to US$720mn.
Financial PerformanceServiceNow raised FY24 non-GAAP OPM guidance by 50bps to 29.5%, reflecting confidence in enhanced efficiency.
Product AdoptionServiceNow saw strong adoption of its GenAI offerings, with Now Assist NNACV doubling QoQ and continuing to be the fastest growing new product in the company's history.
Bears Say
Executive ChangesServiceNow announced the departure of two significant executives, which was tied to an internal investigation related to the hiring of a former government employee (CIO of U.S. Army) that violated internal policy.
Financial PerformanceA large partner called out fewer early renewals in Q2/Q3, and the percentage of customers who have already adopted Pro Plus remains modest.
Revenue GrowthSeveral partners expressed concern about 2H24, especially since GenAI monetization is not happening en masse and is not likely to materialize this year, as management has suggested it would.
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Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
NOW FAQ
What was ServiceNow ’s price range in the past 12 months?
ServiceNow lowest stock price was $527.24 and its highest was $857.25 in the past 12 months.
What is ServiceNow ’s market cap?
Currently, no data Available
When is ServiceNow ’s upcoming earnings report date?
ServiceNow ’s upcoming earnings report date is Oct 23, 2024 which is in 52 days.
How were ServiceNow ’s earnings last quarter?
ServiceNow released its earnings results on Jul 24, 2024. The company reported $3.13 earnings per share for the quarter, beating the consensus estimate of $2.826 by $0.304.
Is ServiceNow overvalued?
According to Wall Street analysts ServiceNow ’s price is currently Undervalued.
Does ServiceNow pay dividends?
ServiceNow does not currently pay dividends.
What is ServiceNow ’s EPS estimate?
ServiceNow ’s EPS estimate is $3.45.
How many shares outstanding does ServiceNow have?
ServiceNow has 206,000,000 shares outstanding.
What happened to ServiceNow ’s price movement after its last earnings report?
ServiceNow reported an EPS of $3.13 in its last earnings report, beating expectations of $2.826. Following the earnings report the stock price went up 13.398%.
Which hedge fund is a major shareholder of ServiceNow ?
Among the largest hedge funds holding ServiceNow ’s share is Fisher Asset Management LLC. It holds ServiceNow ’s shares valued at 1B.
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ServiceNow Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$872.71 (2.07% Upside)
$872.71 (2.07% Upside)
Blogger Sentiment
Bullish
NOW Sentiment 87%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 76.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.34%
12-Months-Change
Fundamentals
Return on Equity
14.70%
Trailing 12-Months
Asset Growth
22.01%
Trailing 12-Months
Company Description
ServiceNow
Founded in 2004 and based in California, ServiceNow, Inc. is a software company which provides enterprise cloud computing solutions to help companies manage digital workflows for enterprise operations. The company offers its solutions to various sectors including healthcare, education, oil and gas, telecommunications, government, consumer products, technology, IT and financial services.
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NOW Company Deck
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NOW Earnings Call
Q2 2024
0:00 / 0:00
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NOW Revenue Breakdown
96.76% Subscription
3.24% Professional services and other
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NOW Stock 12 Month Forecast
Average Price Target
$872.71
▲(2.07% Upside)
Technical Analysis
Best Analysts Covering NOW
1 Year
1 Year Success Rate
29/30 ratings generated profit
1 Year Average Return
+38.35%
reiterated a buy rating last month
Copying Rob Owens's trades and holding each position for 1 Year would result in 96.67% of your transactions generating a profit, with an average return of +38.35% per trade.
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