
ServiceNow (NOW) Stock Forecast & Price Target
ServiceNow (NOW) Analyst Ratings
Bulls say
ServiceNow is showcasing a promising trajectory with its position in the enterprise software market improving significantly for 2024 compared to 2023. The company is projected to achieve revenue growth of 20% in 2025 and maintain a robust free cash flow margin of 32%, indicating strong financial health and operational efficiency. Additionally, ServiceNow's enterprise platform is set to capitalize on a rapidly expanding total addressable market, expected to grow from $275 billion in 2026 to $350 billion by 2027, further bolstering its long-term capital appreciation potential.
Bears say
ServiceNow's stock outlook is negatively influenced by three primary concerning factors: existential fears surrounding the SaaS market in light of advancing AI technology, a marked slowdown in organic revenue growth compared to peers—such as Alkami, which reported 24% growth in Q2 and 27% in Q1—and the forthcoming departure of long-time CFO Bryan Hill, which introduces additional uncertainty regarding financial leadership. The potential implications of these factors contribute to anxiety among investors, especially given the context of Alkami's poor stock performance, which has seen a decline of 22% following its Q2 earnings announcement and a staggering 44% year-to-date drop. These elements combined indicate challenges that could hinder ServiceNow's growth trajectory and overall financial stability.
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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