ServiceNow, Inc. (NYSE:NOW) Stock Has Consensus Price Target of $146.51

Shares of ServiceNow, Inc. (NYSE:NOW) have been given a consensus rating of “Moderate Buy” by the forty-two brokerages that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, thirty-six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $147.00.

A number of research firms recently issued reports on NOW. DA Davidson set a $170.00 price objective on ServiceNow and gave the company a “buy” rating in a report on Monday, July 20th. Truist Financial increased their target price on ServiceNow from $120.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. TD Cowen reiterated a “buy” rating and set a $140.00 target price on shares of ServiceNow in a research report on Monday, August 17th. Citigroup reissued a “market outperform” rating on shares of ServiceNow in a research note on Thursday, July 23rd. Finally, Cantor Fitzgerald upped their price target on shares of ServiceNow from $141.00 to $174.00 and gave the stock an “overweight” rating in a report on Monday, September 21st.

Insider Buying and Selling at ServiceNow

In other ServiceNow news, insider Jacqueline Canney sold 7,847 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $138.00, for a total value of $1,082,886.00. Following the completion of the sale, the insider directly owned 30,042 shares of the company’s stock, valued at $4,145,796. The trade was a 20.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul Fipps sold 2,034 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $147.87, for a total transaction of $300,767.58. Following the completion of the transaction, the insider owned 18,305 shares in the company, valued at $2,706,760.35. This represents a 10.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 14,081 shares of company stock valued at $1,937,904 in the last three months. Company insiders own 0.34% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC raised its holdings in shares of ServiceNow by 540.0% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 160 shares of the information technology services provider’s stock valued at $25,000 after acquiring an additional 135 shares in the last quarter. Blueline Advisors LLC bought a new position in ServiceNow during the 4th quarter worth about $25,000. Measured Wealth Private Client Group LLC grew its holdings in ServiceNow by 560.0% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 165 shares of the information technology services provider’s stock worth $25,000 after acquiring an additional 140 shares in the last quarter. Cornerstone Financial Management LLC increased its position in ServiceNow by 72.8% during the 2nd quarter. Cornerstone Financial Management LLC now owns 254 shares of the information technology services provider’s stock valued at $25,000 after purchasing an additional 107 shares during the period. Finally, Evolution Wealth Management Inc. increased its position in ServiceNow by 414.3% during the 4th quarter. Evolution Wealth Management Inc. now owns 180 shares of the information technology services provider’s stock valued at $28,000 after purchasing an additional 145 shares during the period. 87.18% of the stock is currently owned by hedge funds and other institutional investors.

ServiceNow Price Performance

ServiceNow stock opened at $135.88 on Tuesday. The firm has a 50-day moving average price of $126.59 and a 200-day moving average price of $110.88. The firm has a market capitalization of $140.50 billion, a PE ratio of 84.93, a price-to-earnings-growth ratio of 2.49 and a beta of 0.97. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.43. ServiceNow has a 12-month low of $81.24 and a 12-month high of $192.97.

ServiceNow (NYSE:NOW) last issued its quarterly earnings results on Wednesday, July 22nd. The information technology services provider reported $0.90 EPS for the quarter, beating the consensus estimate of $0.86 by $0.04. The company had revenue of $3.99 billion for the quarter, compared to the consensus estimate of $3.93 billion. ServiceNow had a net margin of 11.34% and a return on equity of 16.45%. The firm’s revenue was up 24.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.81 EPS. As a group, equities research analysts forecast that ServiceNow will post 2.22 EPS for the current year.

ServiceNow News Summary

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Deutsche Bank raised its price target to $155 from $135 and maintained a “Buy” rating, implying further upside and reflecting confidence in ServiceNow’s growth prospects. Tickerreport.com
• Positive Sentiment: ServiceNow is expanding its effort to replace legacy CRM and workflow systems with an AI-powered platform. Stronger adoption of AI automation across enterprise workflows could support customer growth, expansion revenue and longer-term bookings. NOW Expands Legacy Replacement Push With AI Platform
• Positive Sentiment: Investors continue to view ServiceNow as a profitable enterprise software leader, supported by nearly $4.6 billion in recent annual free cash flow. This financial strength contrasts with the higher-growth but less mature profile of Figma. Figma vs. ServiceNow: Which Technology Stock Is a Better Buy in 2026?
• Neutral Sentiment: ServiceNow has attracted increased investor and Zacks.com attention, but the reports do not identify a new fundamental catalyst. Increased visibility may raise trading interest without directly changing earnings expectations. ServiceNow Attracting Investor Attention
• Negative Sentiment: ServiceNow underperformed the broader market in the latest session, indicating continued near-term selling pressure. The stock’s elevated valuation increases sensitivity to market weakness and any disappointment regarding growth. ServiceNow Dips More Than Broader Market
• Negative Sentiment: The emerging AI-agent economy could challenge seat-based software pricing and reduce the value of individual user licenses, creating uncertainty for ServiceNow and other software companies even as AI generates new revenue opportunities. What Lies Ahead for Software Stocks in the AI Agent Economy?

About ServiceNow

ServiceNow, Inc is a cloud-based enterprise software company that provides digital workflow and automation solutions. Its Now Platform enables organizations to manage and connect business processes across information technology, customer service, human resources, finance, legal operations and other departments.

The company’s products and services include IT service management, IT operations management, customer service management, human resources service delivery, security operations, risk and compliance management, strategic portfolio management and application development tools.