
ServiceNow (NOW) Stock Forecast & Price Target
ServiceNow (NOW) Analyst Ratings
Bulls say
ServiceNow Inc has demonstrated robust growth metrics, with new logo NNACV in EMEA and Japan increasing nearly 30% year-over-year, indicating strong demand for its software solutions. The company's current Remaining Performance Obligation (cRPO) reached $12.85 billion, reflecting a 25% year-over-year increase and exceeding consensus forecasts, which underscores the rising confidence in ServiceNow’s future revenue streams. Additionally, the guidance for first-quarter calendar year 2026 Subscription Revenue points to a 21.5% year-over-year growth forecast, surpassing sell-side expectations and suggesting positive momentum driving the company's financial performance.
Bears say
ServiceNow Inc. faces significant downside risks that contribute to a negative outlook for its stock, including a potential decline in its premium EV/revenue multiple and faster-than-anticipated deceleration in subscription revenue. Additionally, the fading revenue uplift from transitioning Data Center customers to Cloud and increasing competition from companies like Microsoft create further financial headwinds. The company's valuation metrics, such as an NTM EV/revenue of 8.3x, are considerably below the predicted multiple, and deteriorating investor metrics could exacerbate the situation, leading to contraction in valuation multiples.
This aggregate rating is based on analysts' research of ServiceNow and is not a guaranteed prediction by Public.com or investment advice.
ServiceNow (NOW) Analyst Forecast & Price Prediction
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