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ServiceNow Inc (NOW)
NYSE:NOW
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ServiceNow (NOW) Price & Analysis

15,338 Followers

NOW Stock Chart & Stats

$96.66
-$4.88(-0.46%)
At close: 4:00 PM EST
$96.66
-$4.88(-0.46%)

Bulls Say, Bears Say

Bulls Say
Cash Generation And MarginsServiceNow generates durable cash flow (TTM operating cash flow ~$5.44B, FCF ~$4.63B) and maintains very healthy gross and operating margins. Strong cash conversion supports sustained R&D and AI investment, strategic M&A funding, buybacks, and operational resilience over the medium term.
Recurring Subscription Model & Large-deal ExpansionHigh renewal rates (97%), expanding large-account base and robust RPO (~$27.7–$28B) create multi-year revenue visibility. The platform’s stickiness and upsell capability through large deals support predictable recurring revenue and durable enterprise penetration across workflows.
AI Product Traction And Strategic M&AMaterial upward revision to AI revenue targets and quick adoption of AI offerings and recent tuck-ins indicate structural demand for AI-enabled workflows. Integrated AI and targeted acquisitions deepen the platform moat and create sustained cross-sell avenues that can drive incremental long-term ARR.
Bears Say
Revenue Growth DecelerationTrailing growth has meaningfully decelerated to ~5.1% from prior 20%+ levels, signaling maturation and tougher comps. This increases reliance on large deals, AI monetization, and M&A to restore top-line momentum and raises execution risk for sustaining meaningful organic growth over the next several quarters.
Equity Plan Expansion (dilution Risk)Approval to add 38M shares for equity compensation raises the potential for future share count dilution that can weigh on per-share metrics. Paired with recent debt issuances and new credit lines, this shifts more pressure onto cash generation to fund growth while managing dilution and shareholder returns.
Near-term Margin And FCF Headwinds From IntegrationsAcquisition-related integration costs and contractual recognition limits (Armis) and on‑prem timing delays are expected to trim margins and free cash flow in 2026. These headwinds constrain margin expansion and cash available for reinvestment or buybacks until efficiencies and revenue phasing normalize into 2027.

ServiceNow News

NOW FAQ

What was ServiceNow Inc’s price range in the past 12 months?
ServiceNow Inc lowest stock price was $81.24 and its highest was $211.48 in the past 12 months.
    What is ServiceNow Inc’s market cap?
    ServiceNow Inc’s market cap is $106.31B.
      When is ServiceNow Inc’s upcoming earnings report date?
      ServiceNow Inc’s upcoming earnings report date is Jul 29, 2026 which is in 47 days.
        How were ServiceNow Inc’s earnings last quarter?
        ServiceNow Inc released its earnings results on Apr 22, 2026. The company reported $0.97 earnings per share for the quarter, the consensus estimate of $0.97 by $0.
          Is ServiceNow Inc overvalued?
          According to Wall Street analysts ServiceNow Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does ServiceNow Inc pay dividends?
            ServiceNow Inc does not currently pay dividends.
            What is ServiceNow Inc’s EPS estimate?
            ServiceNow Inc’s EPS estimate is 0.86.
              How many shares outstanding does ServiceNow Inc have?
              ServiceNow Inc has 1,031,308,000 shares outstanding.
                What happened to ServiceNow Inc’s price movement after its last earnings report?
                ServiceNow Inc reported an EPS of $0.97 in its last earnings report, expectations of $0.97. Following the earnings report the stock price went down -17.745%.
                  Which hedge fund is a major shareholder of ServiceNow Inc?
                  Currently, no hedge funds are holding shares in NOW
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    ServiceNow Inc

                    ServiceNow, Inc. specializes in delivering cloud-based solutions designed to streamline and automate critical business services for organizations across the globe. Its flagship "Now Platform" serves as the foundation, leveraging technologies such as workflow automation, artificial intelligence (AI), machine learning (ML), and robotic process automation (RPA). This platform also incorporates robust features like performance analytics, electronic service catalogs, configuration management systems, data benchmarking, encryption capabilities, and various collaboration and development tools. ServiceNow offers a comprehensive suite of applications built on this platform, catering to diverse enterprise needs. Key offerings include IT Service Management (ITSM), which streamlines support for employees, customers, and partners; IT Business Management (ITBM); IT Operations Management (ITOM), designed to integrate and manage both physical and cloud-based IT infrastructure; and IT Asset Management (ITAM) for automating asset lifecycles. Its Security Operations solution facilitates seamless integration between internal systems and third-party security tools. Beyond IT, the company provides solutions for Governance, Risk, and Compliance (GRC) to enhance organizational resilience, along with tools for Human Resources, Legal, and general workplace service delivery, including dedicated safe workplace applications. Other specialized applications cover Customer Service Management (CSM) and Field Service Management (FSM). To further extend functionality, ServiceNow offers App Engine for custom development and IntegrationHub to connect workflows across various applications. The company also provides a range of professional services, industry-specific solutions, and comprehensive customer support. ServiceNow's diverse client base spans critical sectors such as government, financial services, healthcare, telecommunications, manufacturing, and education, alongside various IT services, technology, oil and gas, and consumer product industries. The company reaches these customers through a combination of its direct sales force and a network of resale partners. Notably, a strategic alliance with Celonis assists clients in pinpointing and prioritizing business processes ripe for automation. Established in 2004 and headquartered in Santa Clara, California, the company originally operated as Service-now.com before rebranding to ServiceNow, Inc. in May 2012.

                    ServiceNow (NOW) Earnings & Revenues

                    NOW Company Deck

                    NOW Earnings Call

                    Q1 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call portrayed strong execution: ServiceNow beat Q1 targets across subscription revenue, RPO, operating margin and free cash flow, reported robust large‑deal activity and rapid adoption of AI products (Now Assist, Employee Works, AI Control Tower) with upward revision to AI expectations (from $1B to ~$1.5B). Management closed Armis early and raised 2026 subscription revenue midpoint by $205M (125 bps contribution), while highlighting continued focus on margin expansion, SBC reductions and share buybacks. Key challenges were timing delays from Middle East on‑prem deals (~75 bps Q1 headwind), near‑term margin impacts from Armis integration (modest bps headwinds), and investor questions about inorganic vs. organic contribution/timing that led to a negative market reaction after hours. Overall the positives — strong beats, accelerating AI traction, large‑deal momentum, high renewal rates and cash returns — outweigh the limited timing and integration headwinds.View all NOW earnings summaries

                    NOW Revenue Breakdown

                    97.03%97.03%2.97%
                    97.03% Subscription
                    2.97% Professional services and other
                    tipranks

                    NOW Stock 12 Month Forecast

                    Average Price Target

                    $140.84
                    ▲(45.71% Upside)
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style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":109.42,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 65,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":104.04,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 66,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      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                    Ownership Overview

                    0.14%18.45%16.97%37.47%
                    16.97% Other Institutional Investors
                    37.47% Public Companies and Individual Investors
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