Key Takeaways From ServiceNow Analysts Day

RBC Capital analysts provided their key takeaways from ServiceNow, Inc. (NYSE:NOW) Analyst Day, noting they walked away incrementally bullish about the company’s large and growing opportunity to consolidate not just IT spend, but broader enterprise spend on a single platform, helping customers reduce costs and streamline operations.

Specifically, the analysts liked to see 2024 and 2026 revenue guidance as well as 2024 profitability guidance move higher vs. management's prior estimates.

Subscription revenue guidance moves higher to $11 billion or more in 2024 and $16 billion or more in 2026 vs. $10 billion+ and $15 billion+ respectively as per last year's analyst day.

The analysts said they continue to believe the company remains well-positioned to drive durable organic long-term growth and profitability driven by secular tailwinds around digital transformations. The analysts maintained their outperform rating and $670 price target on the company’s shares.

Symbol Price %chg
CRM.BA 21450 0.56
GOTO.JK 60 1.67
012510.KS 89100 0
462870.KS 38400 0.13
NOW Ratings Summary
NOW Quant Ranking
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ServiceNow, Inc. (NYSE: NOW) - A Leader in Cloud Computing

  • Goldman Sachs sets a price target of $1,250 for ServiceNow (NYSE: NOW), indicating a potential increase of about 37.11%.
  • ServiceNow's Q3 2025 earnings call showcases strong interest from analysts, reflecting confidence in the company's financial performance and strategic direction.
  • The company's market capitalization stands at approximately $189.2 billion, highlighting its significant presence and potential for future growth in the tech industry.

ServiceNow, Inc. (NYSE: NOW) is a prominent player in the cloud computing industry, providing enterprise software solutions that help organizations manage digital workflows. The company is known for its innovative approach to improving business processes and enhancing productivity. ServiceNow competes with other tech giants like Salesforce and Microsoft in the enterprise software market.

On October 30, 2025, Kash Rangan from Goldman Sachs set a price target of $1,250 for ServiceNow. At the time, the stock was priced at $911.70, suggesting a potential increase of about 37.11%. This optimistic outlook reflects confidence in ServiceNow's growth prospects and market position.

ServiceNow's recent Q3 2025 earnings call, held on October 29, 2025, featured key executives like CEO William McDermott and CFO Gina Mastantuono. Analysts from major financial institutions, including Goldman Sachs, attended the call, indicating strong interest in the company's financial performance and strategic direction.

The stock price of ServiceNow is currently $911.70, showing a decrease of 2.79% or $26.21. During the trading day, the stock fluctuated between $910.10 and $934.54. Over the past year, it has seen a high of $1,198.09 and a low of $678.66, highlighting its volatility in the market.

ServiceNow's market capitalization is approximately $189.2 billion, with a trading volume of 2,619,182 shares. This substantial market cap underscores the company's significant presence in the tech industry and its potential for future growth, as highlighted by the recent price target set by Goldman Sachs.

ServiceNow (NYSE:NOW) Sees Upgrade and Volatility Amid AI Focus

  • Goldman Sachs upgraded ServiceNow (NYSE:NOW) to a "Buy" recommendation, despite a 2.79% drop in stock price on the same day.
  • ServiceNow aims to boost its full-year outlook, driven by increased demand for artificial intelligence in streamlining business operations.
  • The company's market capitalization stands at approximately $189.2 billion, with a past year stock performance ranging from $678.66 to $1,198.09.

ServiceNow (NYSE:NOW) is a prominent player in the cloud computing industry, offering a platform that helps businesses automate and streamline their operations. The company is known for its innovative solutions that integrate various business processes. ServiceNow competes with other tech giants like Salesforce and Microsoft in the enterprise software market.

On October 30, 2025, Goldman Sachs upgraded its rating for ServiceNow to a "Buy" recommendation. At that time, the stock was priced at $911.70. Despite this positive outlook, the stock experienced a decrease of 2.79%, or $26.21, on the same day. The stock traded between $910.10 and $934.54, indicating some volatility.

ServiceNow's recent decision to raise its full-year outlook is driven by a growing demand for artificial intelligence. CEO Bill McDermott emphasized the need for companies to unify their cloud, language models, and data sources under a single AI-driven platform. This strategic move aims to enhance operational efficiency and streamline business operations.

The company's market capitalization stands at approximately $189.2 billion, reflecting its significant presence in the industry. Over the past year, ServiceNow's stock has seen a high of $1,198.09 and a low of $678.66, showcasing its dynamic performance. The trading volume for the day reached 2,619,182 shares on the NYSE, indicating active investor interest.

ServiceNow (NYSE:NOW) Maintains Equal-Weight Rating Amidst Strong Analyst Optimism

  • Morgan Stanley maintains an Equal-Weight rating for ServiceNow (NYSE:NOW), with the stock priced at $1,019.99.
  • The average brokerage recommendation (ABR) for ServiceNow stands at 1.31, indicating a consensus between Strong Buy and Buy.
  • ServiceNow's current stock price is $1,022.98, with a year trading range of $678.66 to $1,198.09, showcasing significant market volatility.

ServiceNow (NYSE:NOW) is a prominent player in the cloud computing industry, providing enterprise solutions that streamline digital workflows. The company is known for its innovative software-as-a-service (SaaS) offerings, which help businesses automate and optimize their operations. ServiceNow competes with other tech giants like Salesforce and Oracle in the enterprise software market.

On July 8, 2025, Morgan Stanley maintained its rating for ServiceNow at Equal-Weight, suggesting investors hold their positions. At that time, the stock was priced at $1,019.99. This recommendation aligns with the current market sentiment, as highlighted by Benzinga in their article "Spotlight on ServiceNow: Analyzing the Surge in Options Activity."

Despite Morgan Stanley's hold recommendation, Wall Street analysts show strong optimism towards ServiceNow. The company's average brokerage recommendation (ABR) stands at 1.31, indicating a position between Strong Buy and Buy. Out of 42 brokerage firms, 35 have given a Strong Buy recommendation, while three have suggested a Buy, accounting for 83.3% and 7.1% of the total, respectively.

ServiceNow's stock price is currently $1,022.98, reflecting a slight decrease of $12.03 or approximately 1.16%. The stock has experienced fluctuations, with a trading range between $1,011.50 and $1,037.95 during the day. Over the past year, the stock has seen a high of $1,198.09 and a low of $678.66, indicating significant volatility.

With a market capitalization of approximately $211.9 billion, ServiceNow remains a major player in the tech industry. The trading volume for the day is 1,457,097 shares on the NYSE, reflecting active investor interest. Despite the recent price dip, the strong analyst recommendations suggest continued confidence in ServiceNow's growth potential.

ServiceNow (NYSE: NOW) Leverages Agentic AI to Boost Enterprise Solutions

ServiceNow (NYSE: NOW) is a prominent player in the enterprise software industry, known for its cloud-based platform that helps businesses automate and streamline their operations. The company is making waves with its Agentic AI initiative, which is attracting attention from U.S. enterprises. This strategic move aims to enhance ServiceNow's AI capabilities, positioning it as a leader in AI-driven enterprise solutions.

The Agentic AI initiative is expected to boost the adoption of ServiceNow's platform among businesses looking to leverage advanced AI technologies. This could lead to improved operational efficiency and innovation for these companies. As ServiceNow expands its influence in the AI sector, this development may impact its stock performance positively.

On May 6, 2025, Oppenheimer maintained its "Outperform" rating for ServiceNow (NYSE: NOW), with the stock priced at $978.05 at the time. Oppenheimer also raised the price target from $970 to $1,100, indicating confidence in ServiceNow's growth prospects. This aligns with the company's strategic push in AI, which could drive future stock performance.

Currently, ServiceNow's stock is priced at $968.13, reflecting a slight decrease of 1.01% or $9.92. The stock has fluctuated between $964.50 and $978 during the trading day. Over the past year, it has reached a high of $1,198.09 and a low of $637.99, showcasing its volatility.

ServiceNow's market capitalization is approximately $200.4 billion, with a trading volume of 520,343 shares. As the company continues to expand its AI offerings, its market position and stock performance may see further growth, supported by its strategic initiatives and positive analyst outlook.

ServiceNow (NYSE: NOW) Leverages Agentic AI to Boost Enterprise Solutions

ServiceNow (NYSE: NOW) is a prominent player in the enterprise software industry, known for its cloud-based platform that helps businesses automate and streamline their operations. The company is making waves with its Agentic AI initiative, which is attracting attention from U.S. enterprises. This strategic move aims to enhance ServiceNow's AI capabilities, positioning it as a leader in AI-driven enterprise solutions.

The Agentic AI initiative is expected to boost the adoption of ServiceNow's platform among businesses looking to leverage advanced AI technologies. This could lead to improved operational efficiency and innovation for these companies. As ServiceNow expands its influence in the AI sector, this development may impact its stock performance positively.

On May 6, 2025, Oppenheimer maintained its "Outperform" rating for ServiceNow (NYSE: NOW), with the stock priced at $978.05 at the time. Oppenheimer also raised the price target from $970 to $1,100, indicating confidence in ServiceNow's growth prospects. This aligns with the company's strategic push in AI, which could drive future stock performance.

Currently, ServiceNow's stock is priced at $968.13, reflecting a slight decrease of 1.01% or $9.92. The stock has fluctuated between $964.50 and $978 during the trading day. Over the past year, it has reached a high of $1,198.09 and a low of $637.99, showcasing its volatility.

ServiceNow's market capitalization is approximately $200.4 billion, with a trading volume of 520,343 shares. As the company continues to expand its AI offerings, its market position and stock performance may see further growth, supported by its strategic initiatives and positive analyst outlook.

Truist Upgrades ServiceNow to Buy on AI-Driven Growth and IT Stack Consolidation

Truist Securities upgraded ServiceNow (NYSE:NOW) to Buy from Hold and raised its price target to $1,200 from $950, citing the company’s growing strategic role in enterprise IT and strong positioning to capitalize on AI trends.

Analysts see ServiceNow as a standout among enterprise software providers, forecasting that the company will continue to consolidate the IT stack by offering an integrated platform that appeals to large global enterprises. Truist emphasized that macroeconomic uncertainty is creating an opportunity for ServiceNow to gain market share as businesses look to streamline operations and reduce vendor complexity.

The firm views ServiceNow as a “rare compounder” with a scalable platform that supports long-term growth through both upselling and cross-selling into its existing customer base. The analysts also noted that this year’s pullback in the stock presents a favorable entry point for investors.

Truist expects ServiceNow’s AI capabilities and platform architecture to remain key differentiators, driving durable growth across its expanding product portfolio.

Truist Upgrades ServiceNow to Buy on AI-Driven Growth and IT Stack Consolidation

Truist Securities upgraded ServiceNow (NYSE:NOW) to Buy from Hold and raised its price target to $1,200 from $950, citing the company’s growing strategic role in enterprise IT and strong positioning to capitalize on AI trends.

Analysts see ServiceNow as a standout among enterprise software providers, forecasting that the company will continue to consolidate the IT stack by offering an integrated platform that appeals to large global enterprises. Truist emphasized that macroeconomic uncertainty is creating an opportunity for ServiceNow to gain market share as businesses look to streamline operations and reduce vendor complexity.

The firm views ServiceNow as a “rare compounder” with a scalable platform that supports long-term growth through both upselling and cross-selling into its existing customer base. The analysts also noted that this year’s pullback in the stock presents a favorable entry point for investors.

Truist expects ServiceNow’s AI capabilities and platform architecture to remain key differentiators, driving durable growth across its expanding product portfolio.