ServiceNow Reports Record Fourth Quarter and Fiscal Year 2018 Financial Results
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January 31, 2019 8:24 AM EST
Needham & Company analyst Jack Andrews raised the price target on ServiceNow (NYSE: NOW) to $243.00 (from $224.00) while maintaining a Buy rating.
Andrews commented, "NOW reported a good 4Q18 as billings and FY19 guidance for subscription revenue outpaced consensus. We believe NOW's commitment to delivering a... More
January 31, 2019 8:19 AM EST
Cowen analyst J. Derrick Wood raised the price target on ServiceNow (NYSE: NOW) to $235.00 (from $210.00) while maintaining a Outperform rating.
Wood commented, "NOW delivered an exceptional 4Q as sub billings growth of 39% cc beat our 33% est, w/ particular strength in EMEA. Even... More
January 31, 2019 7:40 AM EST
Credit Suisse analyst Brad Zelnick raised the price target on ServiceNow (NYSE: NOW) to $225.00 (from $215.00) while maintaining a Outperform rating.
Zelnick commented, "ServiceNow reported strong Subscription Billings results for 4Q, and FY19 guidance well exceeded expectations. BelowStreet OpM guidance is consistent with our preview and... More
January 31, 2019 6:46 AM EST
RBC Capital analyst Matthew Hedberg raised the price target on ServiceNow (NYSE: NOW) to $230.00 (from $210.00) while maintaining a Top Pick rating.
The analyst commented, "ServiceNow posted a very strong quarter with subscription billings growth of 38% that topped expectations of 31% while 2019 subscription billings growth was... More
January 30, 2019 4:13 PM EST
ServiceNow (NYSE: NOW) reported Q4 EPS of $0.77, $0.13 better than the analyst estimate of $0.64. Revenue for the quarter came in at $723.7 million versus the consensus estimate of $717.77 million.
We finished 2018 with our strongest fourth quarter ever, continuing our momentum as the leading digital workflow... More
