ServiceNow (NOW) Stock Forecast, Price Target & Predictions


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NOW Stock Forecast


ServiceNow stock forecast is as follows: an average price target of $728.75 (represents a -17.09% downside from NOW’s last price of $878.95) and a rating consensus of 'Buy', based on 28 wall street analysts offering a 1-year stock forecast.

NOW Price Target


The average price target for ServiceNow (NOW) is $728.75 based on 1-year price targets from 28 Wall Street analysts in the past 3 months, with a price target range of $950.00 to $500.00. This represents a potential -17.09% downside from NOW's last price of $878.95.

NOW Analyst Ratings


Buy

According to 28 Wall Street analysts, ServiceNow's rating consensus is 'Buy'. The analyst rating breakdown for NOW stock is 1 'Strong Buy' (3.57%), 22 'Buy' (78.57%), 4 'Hold' (14.29%), 1 'Sell' (3.57%), and 0 'Strong Sell' (0.00%).

ServiceNow Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 25, 2024Matthew HedbergRBC Capital$880.00$828.796.18%0.12%
Jul 25, 2024Joel FishbeinTruist Financial$780.00$828.79-5.89%-11.26%
Jul 25, 2024Mark MurphyJ.P. Morgan$820.00$828.79-1.06%-6.71%
Jul 25, 2024Brad ZelnickDeutsche Bank$900.00$828.798.59%2.39%
Jul 25, 2024Keith BachmanBMO Capital$860.00$827.303.95%-2.16%
Jul 25, 2024Brad RebackStifel Nicolaus$900.00$730.8723.14%2.39%
Jul 25, 2024David HynesCanaccord Genuity$850.00$730.8716.30%-3.29%
Jul 25, 2024Rob OliverRobert W. Baird$900.00$730.8723.14%2.39%
Jul 25, 2024Rob OwensPiper Sandler$850.00$730.8716.30%-3.29%
Jul 08, 2024Mike CikosNeedham$900.00$766.2017.46%2.39%
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The latest ServiceNow stock forecast, released on Jul 25, 2024 by Matthew Hedberg from RBC Capital, set a price target of $880.00, which represents a 6.18% increase from the stock price at the time of the forecast ($828.79), and a 0.12% increase from NOW last price ($878.95).

ServiceNow Price Target by Period


1M3M12M
# Anlaysts-1018
Avg Price Target-$864.00$860.89
Last Closing Price$878.95$878.95$878.95
Upside/Downside-100.00%-1.70%-2.05%

In the current month, the average price target of ServiceNow stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ServiceNow's last price of $878.95. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 09, 2024Wells FargoMarket OutperformMarket OutperformHold
Jul 25, 2024Canaccord GenuityBuyBuyHold
Jul 25, 2024Deutsche BankBuyBuyHold
Jul 25, 2024RBC CapitalOutperformOutperformHold
Jul 25, 2024BMO CapitalOutperformOutperformHold
Jul 25, 2024Cowen & Co.BuyBuyHold
Jul 25, 2024Piper SandlerOverweightOverweightHold
Jul 25, 2024Wells FargoOverweightOverweightHold
Jul 25, 2024JMP SecuritiesOutperformOutperformHold
Jul 17, 2024OTR GlobalPositiveMixedDowngrade
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ServiceNow's last stock rating was published by Wells Fargo on Sep 09, 2024. The company gave NOW a "Market Outperform" rating, the same as its previous rate.

ServiceNow Financial Forecast


ServiceNow Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$2.44B-$2.15B$2.10B$1.94B$1.83B$1.75B$1.72B$1.61B$1.51B$1.41B$1.36B$1.25B$1.15B$1.07B$1.05B$951.77M$885.83M
Avg Forecast$4.21B$3.95B$3.77B$3.72B$3.53B$3.31B$3.16B$3.12B$2.94B$2.75B$2.61B$2.59B$2.40B$2.27B$2.13B$2.09B$1.94B$1.85B$1.76B$1.70B$1.60B$1.48B$1.36B$1.34B$1.22B$1.11B$1.05B$1.02B$941.33M$885.80M
High Forecast$4.29B$4.02B$3.85B$3.80B$3.60B$3.37B$3.22B$3.18B$3.00B$2.76B$2.66B$2.64B$2.41B$2.30B$2.17B$2.13B$1.98B$1.89B$1.78B$1.72B$1.62B$1.50B$1.38B$1.35B$1.23B$1.13B$1.06B$1.04B$952.29M$896.11M
Low Forecast$4.09B$3.83B$3.66B$3.62B$3.43B$3.21B$3.07B$3.03B$2.86B$2.74B$2.53B$2.51B$2.39B$2.19B$2.07B$2.03B$1.88B$1.80B$1.73B$1.67B$1.58B$1.45B$1.34B$1.32B$1.20B$1.09B$1.03B$1.01B$926.17M$871.53M
# Analysts1010101099991020101011292616211313202717142614159988
Surprise %------------1.01%-1.01%1.00%1.00%0.99%0.99%1.01%1.01%1.02%1.04%1.02%1.03%1.04%1.02%1.02%1.01%1.00%

ServiceNow's average Quarter revenue forecast for Mar 24 based on 10 analysts is $2.59B, with a low forecast of $2.51B, and a high forecast of $2.64B. NOW's average Quarter revenue forecast represents a 6.20% increase compared to the company's last Quarter revenue of $2.44B (Dec 23).

ServiceNow EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1010101099991020101011292616211313202717142614159988
EBITDA------------$270.00M-$253.00M$270.00M$308.00M$219.00M$140.00M$192.00M$165.00M$200.00M$172.00M$212.00M$114.10M$118.13M$152.50M$132.76M$113.39M$133.15M
Avg Forecast$538.50M$505.09M$482.74M$476.51M$451.23M$423.08M$404.52M$399.51M$376.25M$351.37M$333.60M$228.22M$307.35M$290.97M$272.53M$207.47M$248.05M$192.90M$225.41M$188.61M$205.20M$189.14M$174.17M$183.52M$155.65M$142.33M$134.25M$118.78M$120.46M$113.36M
High Forecast$549.06M$515.00M$492.21M$485.86M$460.08M$431.38M$412.46M$407.35M$383.63M$352.65M$340.14M$273.86M$308.63M$294.65M$277.88M$248.97M$252.92M$231.48M$228.04M$226.33M$207.59M$191.35M$176.20M$220.23M$157.46M$143.99M$135.82M$142.54M$121.87M$114.68M
Low Forecast$523.12M$490.67M$468.95M$462.90M$438.34M$411.00M$392.97M$388.10M$365.51M$350.09M$324.07M$182.58M$306.07M$280.69M$264.75M$165.98M$240.97M$154.32M$221.78M$150.89M$201.90M$186.10M$171.36M$146.82M$153.14M$140.04M$132.09M$95.03M$118.52M$111.53M
Surprise %------------0.88%-0.93%1.30%1.24%1.14%0.62%1.02%0.80%1.06%0.99%1.16%0.73%0.83%1.14%1.12%0.94%1.17%

10 analysts predict NOW's average Quarter EBITDA for Mar 24 to be $228.22M, with a high of $273.86M and a low of $182.58M. This is -15.47% lower than ServiceNow's previous annual EBITDA (Dec 23) of $270.00M.

ServiceNow Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1010101099991020101011292616211313202717142614159988
Net Income------------$295.00M-$1.04B$150.00M$150.00M$80.00M$20.00M$75.00M$26.00M$63.00M$59.00M$82.00M$16.65M$12.86M$40.77M$48.23M$598.72M$40.60M
Avg Forecast$1.14B$1.06B$931.73M$989.64M$942.23M$868.05M$771.43M$818.08M$787.75M$716.99M$587.16M$89.15M$578.50M$531.44M$426.50M$81.04M$420.20M$60.76M$325.53M$73.68M$296.95M$288.34M$251.26M$70.99M$220.43M$214.21M$210.70M$43.15M$180.81M$183.83M
High Forecast$1.17B$1.09B$955.49M$1.01B$966.26M$890.19M$791.11M$838.94M$807.84M$768.79M$602.13M$106.98M$611.92M$558.43M$437.37M$97.25M$430.92M$72.92M$330.45M$88.41M$301.44M$292.70M$255.06M$85.18M$223.77M$217.45M$213.89M$51.78M$183.55M$186.61M
Low Forecast$1.10B$1.02B$897.14M$952.90M$907.25M$835.82M$742.79M$787.71M$758.50M$679.69M$565.36M$71.32M$503.32M$477.47M$410.66M$64.84M$404.60M$48.61M$318.71M$58.94M$290.73M$282.30M$246.00M$56.79M$215.81M$209.72M$206.29M$34.52M$177.03M$179.97M
Surprise %------------0.51%-2.45%1.85%0.36%1.32%0.06%1.02%0.09%0.22%0.23%1.16%0.08%0.06%0.19%1.12%3.31%0.22%

ServiceNow's average Quarter net income forecast for Mar 24 is $89.15M, with a range of $71.32M to $106.98M. NOW's average Quarter net income forecast represents a -69.78% decrease compared to the company's last Quarter net income of $295.00M (Dec 23).

ServiceNow SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1010101099991020101011292616211313202717142614159988
SG&A------------$1.09B-$1.04B$1.02B$916.00M$884.00M$897.00M$852.00M$813.00M$730.00M$696.00M$650.00M$669.00M$562.64M$530.56M$546.98M$509.48M$438.62M
Avg Forecast$2.10B$1.97B$1.88B$1.86B$1.76B$1.65B$1.58B$1.56B$1.47B$1.37B$1.30B$1.01B$1.20B$1.14B$1.06B$920.66M$967.74M$704.08M$879.41M$836.96M$800.57M$737.92M$679.49M$562.69M$607.24M$555.27M$523.77M$489.40M$469.97M$442.24M
High Forecast$2.14B$2.01B$1.92B$1.90B$1.79B$1.68B$1.61B$1.59B$1.50B$1.38B$1.33B$1.22B$1.20B$1.15B$1.08B$1.10B$986.72M$844.90M$889.64M$1.00B$809.89M$746.50M$687.40M$675.22M$614.30M$561.73M$529.87M$587.29M$475.44M$447.39M
Low Forecast$2.04B$1.91B$1.83B$1.81B$1.71B$1.60B$1.53B$1.51B$1.43B$1.37B$1.26B$810.18M$1.19B$1.10B$1.03B$736.53M$940.10M$563.26M$865.24M$669.57M$787.67M$726.03M$668.55M$450.15M$597.45M$546.33M$515.33M$391.52M$462.40M$435.12M
Surprise %------------0.91%-0.98%1.11%0.95%1.26%1.02%1.02%1.02%0.99%1.02%1.16%1.10%1.01%1.01%1.12%1.08%0.99%

ServiceNow's average Quarter SG&A projection for Mar 24 is $1.01B, based on 10 Wall Street analysts, with a range of $810.18M to $1.22B. The forecast indicates a -7.00% fall compared to NOW last annual SG&A of $1.09B (Dec 23).

ServiceNow EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1010101099991020101011292616211313202717142614159988
EPS------------$1.44-$5.12$0.74$0.74$0.39$0.10$0.38$0.13$0.32$0.30$0.42$0.09$0.07$0.21$0.25$3.17$0.22
Avg Forecast$5.50$5.09$4.48$4.76$4.53$4.18$3.71$3.94$3.79$3.45$2.83$3.14$2.78$2.56$2.05$2.04$2.02$1.84$1.57$1.70$1.43$1.39$1.21$1.35$1.06$1.03$1.01$0.95$0.87$0.88
High Forecast$5.64$5.22$4.60$4.88$4.65$4.28$3.81$4.04$3.89$3.70$2.90$3.22$2.94$2.69$2.10$2.09$2.07$1.89$1.59$1.73$1.45$1.41$1.23$1.37$1.08$1.05$1.03$0.97$0.88$0.90
Low Forecast$5.29$4.90$4.32$4.59$4.37$4.02$3.57$3.79$3.65$3.27$2.72$3.02$2.42$2.30$1.98$1.97$1.95$1.78$1.53$1.66$1.40$1.36$1.18$1.32$1.04$1.01$0.99$0.93$0.85$0.87
Surprise %------------0.52%-2.49%0.36%0.37%0.21%0.06%0.22%0.09%0.23%0.25%0.31%0.08%0.07%0.21%0.26%3.64%0.25%

According to 10 Wall Street analysts, ServiceNow's projected average Quarter EPS for Mar 24 is $3.14, with a low estimate of $3.02 and a high estimate of $3.22. This represents a 117.73% increase compared to NOW previous annual EPS of $1.44 (Dec 23).

ServiceNow Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AIC3.ai$23.00$70.50206.52%Buy
SNOWSnowflake$113.67$206.8381.96%Buy
ZMZoom Video Communications$67.59$111.7765.36%Hold
DDOGDatadog$109.26$138.4926.75%Buy
HUBSHubSpot$491.17$595.4421.23%Buy
SHOPShopify$72.45$86.1218.87%Buy
ADSKAutodesk$263.96$283.417.37%Buy
WDAYWorkday$250.05$264.915.94%Buy
INTUIntuit$655.31$689.005.14%Buy
TTDTrade Desk$106.06$107.411.27%Buy
CRMSalesforce$254.57$257.761.25%Buy
NOWServiceNow$878.95$728.75-17.09%Buy

NOW Forecast FAQ


Yes, according to 28 Wall Street analysts, ServiceNow (NOW) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 22 'Buy' recommendations, accounting for 82.14% of NOW's total ratings.

ServiceNow (NOW) average price target is $728.75 with a range of $500 to $950, implying a -17.09% from its last price of $878.95. The data is based on 28 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for NOW stock, the company can go down by -17.09% (from the last price of $878.95 to the average price target of $728.75), up by 8.08% based on the highest stock price target, and down by -43.11% based on the lowest stock price target.

NOW's average twelve months analyst stock price target of $728.75 does not support the claim that ServiceNow can reach $1.3K in the near future.

ServiceNow's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $13.12B (high $13.37B, low $12.74B), average EBITDA is $1.68B (high $1.71B, low $1.63B), average net income is $3.4B (high $3.49B, low $3.27B), average SG&A $6.55B (high $6.68B, low $6.36B), and average EPS is $16.36 (high $16.78, low $15.75). NOW's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $15.65B (high $15.96B, low $15.2B), average EBITDA is $2B (high $2.04B, low $1.95B), average net income is $4.12B (high $4.23B, low $3.97B), average SG&A $7.81B (high $7.97B, low $7.59B), and average EPS is $19.84 (high $20.34, low $19.1).

Based on ServiceNow's last annual report (Dec 2023), the company's revenue was $8.97B, beating the average analysts forecast of $8.89B by 0.89%. Apple's EBITDA was $762M, missing the average prediction of $1.08B by -29.33%. The company's net income was $1.73B, beating the average estimation of $1.62B by 7.02%. Apple's SG&A was $4.16B, missing the average forecast of $4.32B by -3.57%. Lastly, the company's EPS was $8.49, missing the average prediction of $9.44 by -10.03%. In terms of the last quarterly report (Dec 2023), ServiceNow's revenue was $2.44B, beating the average analysts' forecast of $2.4B by 1.47%. The company's EBITDA was $270M, missing the average prediction of $307.35M by -12.15%. ServiceNow's net income was $295M, missing the average estimation of $578.5M by -49.01%. The company's SG&A was $1.09B, missing the average forecast of $1.2B by -9.18%. Lastly, the company's EPS was $1.44, missing the average prediction of $2.78 by -48.28%