ServiceNow Reports Second Quarter 2021 Financial Results

ServiceNow (NOW) Receives Multiple Price Target Hikes on a Strong Beat-and-Raise

ServiceNow (NASDAQ: NOW) delivered very strong second-quarter results to yield at least 10 price target hikes from leading Wall Street analysts.

NOW reported revenue of $1.41 billion to top the $1.36 billion expected from surveyed analysts while earnings per share were reported at $1.42 vs $1.22 expected.

Im so proud of our teams performance, significantly exceeding the high end of our guidance across all metrics, which is reflected in our strong full-year guidance raise, said Bill McDermott, ServiceNow president and CEO.

Business leaders worldwide are facing do or die moments in a forever changed world. They... More

ServiceNow (NOW) PT Raised to $675 at Jefferies

Jefferies analyst Samad Samana raised the price target on ServiceNow (NYSE: NOW) to $675.00 (from $625.00) while maintaining a Buy rating.

The analyst commented, "NOW's 2Q sub revs, opn mgn and EPS beat consensus. Billings growth of 30% beat consensus of 23% (we believe the buyside was... More

ServiceNow (NOW) PT Raised to $641 at Needham & Company

Needham & Company analyst Jack Andrews raised the price target on ServiceNow (NYSE: NOW) to $641.00 (from $591.00) while maintaining a Buy rating.

The analyst commented, "NOW reported strong 2Q21 results, beating consensus across multiple metrics. Despite the optics of decelerating growth heading into the... More

ServiceNow (NOW) Tops Q2 EPS by 21c

ServiceNow (NYSE: NOW) reported Q2 EPS of $1.42, $0.21 better than the analyst estimate of $1.21. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.36 billion.

Im so proud of our teams performance, significantly exceeding the high end of our guidance... More