ServiceNow Reports Fourth Quarter and Full-Year 2020 Financial Results

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ServiceNow (NOW) PT Raised to $610 at Mizuho Securities

January 28, 2021 6:35 AM EST

Mizuho Securities analyst Gregg Moskowitz raised the price target on ServiceNow (NYSE: NOW) to $610.00 (from $600.00) while maintaining a Buy rating.

The analyst commented, "NOW reported a very good 4Q, led by subscription billings growth of roughly 40% that easily beat consensus estimates of... More

ServiceNow (NOW) Tops Q4 EPS by 12c, Revenues Beat

January 27, 2021 4:20 PM EST

ServiceNow (NYSE: NOW) reported Q4 EPS of $1.17, $0.12 better than the analyst estimate of $1.05. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.21 billion.

Subscription revenues of $1,184 million in Q4 2020, representing 32% year-over-year growth, 29% adjusted for constant currencySubscription billings of $1,828 million in Q4 2020, representing 41% year-over-year growth, 38% adjusted for constant currency and duration1,093 total customers with over $1 million in annual contract value

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