NOW Stock - ServiceNow, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $10.98B | $8.97B | $7.25B | $5.90B | $4.52B |
| Gross Profit | $8.70B | $7.05B | $5.67B | $4.54B | $3.53B |
| Gross Margin | 79.2% | 78.6% | 78.3% | 77.1% | 78.2% |
| Operating Income | $1.36B | $762.00M | $355.00M | $257.00M | $198.86M |
| Net Income | $1.43B | $1.73B | $325.00M | $230.00M | $119.00M |
| Net Margin | 13.0% | 19.3% | 4.5% | 3.9% | 2.6% |
| EPS | $1.38 | $1.70 | $0.32 | $0.23 | $0.12 |
ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. It operates the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools. The company also provides information technology (IT) service management applications; IT service management product suite for enterprise's employees, customers, and partners; IT business management product suite; IT operations management product that connects a customer's physical and cloud-based IT infrastructure; IT Asset Management to automate IT asset lifecycles; and security operations that connects with internal and third party. In addition, it offers governance, risk, and compliance product to manage risk and resilience; human resources, legal, and workplace service delivery products; safe workplace applications; customer service management product; and field service management applications. Further, it provides App Engine product; IntegrationHub enables application to extend workflows; and professional, industry solutions, and customer support services. It serves government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer products through direct sales team and resale partners. It has a strategic partnership with Celonis to help customers identify and prioritize processes that are suitable for automation. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. The company was founded in 2004 and is headquartered in Santa Clara, California.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 17th 2025 | BTIG Research | Resumed | Buy | $1000 |
| December 16th 2025 | Guggenheim | Upgrade | Neutral | - |
| December 15th 2025 | KeyBanc Capital Markets | Downgrade | Underweight | $775 |
| November 25th 2025 | Macquarie | Initiation | Neutral | $860 |
| October 30th 2025 | BMO Capital Markets | Reiterated | Outperform | $1150← $1160 |
| September 24th 2025 | Morgan Stanley | Upgrade | Overweight | $1250 |
| July 24th 2025 | BMO Capital Markets | Reiterated | Outperform | $1160← $1150 |
| July 23rd 2025 | Erste Group | Downgrade | Hold | - |
| June 25th 2025 | DA Davidson | Initiation | Buy | $1150 |
| May 14th 2025 | BMO Capital Markets | Reiterated | Outperform | $1150← $1025 |
| May 1st 2025 | Truist | Upgrade | Buy | $1200 |
| April 22nd 2025 | BMO Capital Markets | Reiterated | Outperform | $950← $990 |
| April 4th 2025 | BMO Capital Markets | Reiterated | Outperform | $990← $1185 |
| February 19th 2025 | Redburn Atlantic | Initiation | Buy | - |
| January 17th 2025 | Cantor Fitzgerald | Initiation | Overweight | $1332 |
Earnings History & Surprises
NOWEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 21, 2026 | — | — | — | — |
Q1 2026 | Feb 4, 2026 | $0.87 | — | — | — |
Q4 2025 | Oct 29, 2025 | $4.26 | $0.96 | -77.5% | ✗ MISS |
Q3 2025 | Jul 23, 2025 | $3.57 | $4.09 | +14.6% | ✓ BEAT |
Q2 2025 | Apr 23, 2025 | $3.83 | $4.04 | +5.5% | ✓ BEAT |
Q1 2025 | Jan 29, 2025 | $3.65 | $3.67 | +0.5% | ✓ BEAT |
Q4 2024 | Oct 23, 2024 | $3.45 | $3.72 | +7.8% | ✓ BEAT |
Q3 2024 | Jul 24, 2024 | $2.83 | $3.13 | +10.6% | ✓ BEAT |
Q2 2024 | Apr 24, 2024 | $3.14 | $3.41 | +8.6% | ✓ BEAT |
Q1 2024 | Jan 24, 2024 | $2.77 | $3.11 | +12.3% | ✓ BEAT |
Q4 2023 | Oct 25, 2023 | $2.55 | $2.92 | +14.5% | ✓ BEAT |
Q3 2023 | Jul 26, 2023 | $2.05 | $2.37 | +15.6% | ✓ BEAT |
Q2 2023 | Apr 26, 2023 | $2.04 | $2.37 | +16.2% | ✓ BEAT |
Q1 2023 | Jan 25, 2023 | $2.01 | $2.28 | +13.4% | ✓ BEAT |
Q4 2022 | Oct 26, 2022 | $1.85 | $1.96 | +5.9% | ✓ BEAT |
Q3 2022 | Jul 27, 2022 | $1.53 | $1.62 | +5.9% | ✓ BEAT |
Q2 2022 | Apr 27, 2022 | $1.69 | $1.73 | +2.4% | ✓ BEAT |
Q1 2022 | Jan 26, 2022 | $1.43 | $1.46 | +2.1% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $1.39 | $1.55 | +11.5% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $1.20 | $1.42 | +18.3% | ✓ BEAT |
Latest News
BTIG Assumes ServiceNow at Buy, Announces Price Target of $1000
📈 PositiveDA Davidson Maintains Buy on ServiceNow, Lowers Price Target to $1100
➖ NeutralLive On CNBC, Malcolm Ethridge Announces Bought ServiceNow
📈 PositiveGuggenheim Upgrades ServiceNow to Neutral
➖ NeutralServiceNow shares are trading lower after KeyBanc downgraded the stock to Underweight.
📉 NegativeKeybanc Downgrades ServiceNow to Underweight, Announces $775 Price Target
📉 NegativeReported Sunday, 'ServiceNow Nears Up To $7 Billion Deal For Armis' - Bloomberg
📈 PositiveNOW extends winning streak, shares rise for seventh consecutive session
📈 PositiveServiceNow Announced C$110M Investment To Enable Canada's Public Sector To Adopt AI At Scale
📈 PositiveServiceNow Approves A 5-for-1 Split, Split-adjusted Basis Is Expected To Begin On December 18, 2025.
📈 PositiveServiceNow To Acquire Veza's AI-Native Identity Security Platform; Terms Not Disclosed
📈 PositiveMacquarie Initiates Coverage On ServiceNow with Neutral Rating, Announces Price Target of $860
➖ NeutralShares of software stocks are trading higher after Fed Governor Waller called for a December rate cut.
📈 PositiveShares of broader software stocks are trading lower. The tech sector has been under pressure amid AI valuation uncertainty and profit taking.
📉 NegativeShares of software stocks are trading lower amid broader tech weakness as AI-linked stocks sell off.
📉 NegativeServiceNow To Integrate Figma's Design And Product Development Platform With Its AI-Enabled Workflow Automation Platform Under Signed Partnership
📈 PositiveJP Morgan Maintains Overweight on ServiceNow, Raises Price Target to $1075
📈 PositiveTD Cowen Maintains Buy on ServiceNow, Raises Price Target to $1250
📈 PositiveUBS Maintains Buy on ServiceNow, Raises Price Target to $1150
📈 PositiveCitigroup Maintains Buy on ServiceNow, Raises Price Target to $1253
📈 PositiveFrequently Asked Questions about NOW
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