ServiceNow Reports Third Quarter 2021 Financial Results

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ServiceNow (NOW) PT Raised to $765 at Jefferies

October 28, 2021 8:48 AM EDT

Jefferies analyst Samad Samana raised the price target on ServiceNow (NYSE: NOW) to $765.00 (from $675.00) while maintaining a Buy rating.

The analyst commented, "NOW beat consensus for 3Q across the board. Sub billings growth of 28% beat consensus of 23% and adjusted cRPO growth... More

ServiceNow (NOW) Tops Estimates but Stock Dips as Outlook Implies Subscription Revenue Slowdown, Analysts Remain Positive

October 28, 2021 6:59 AM EDT

Shares of ServiceNow (NYSE: NOW) are down nearly 3% in pre-open Wednesday despite the company reporting better-than-expected Q3 results.

ServiceNow reported Q3 EPS of $1.55 to top the analyst estimate of $1.38. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.47 billion. Subscription revenues came in at $1.427 billion.

We reported another significant beat and raise quarter in Q3. Leaders recognize their technology architecture is their business architecture. As this digital transformation market is accelerating, ServiceNows platform is creating unmatched customer and... More

ServiceNow (NOW) PT Raised to $800 at Goldman Sachs

October 28, 2021 6:32 AM EDT

Goldman Sachs analyst Kash Rangan raised the price target on ServiceNow (NYSE: NOW) to $800.00 while maintaining a Conviction Buy rating.

The analyst commented, "ServiceNow is down 4% AH despite printing a solid quarter with beats across key metrics as we believe 4Q guidance for 26.5% CC subs... More

ServiceNow (NOW) Tops Q3 EPS by 17c, Offers Outlook

October 27, 2021 4:32 PM EDT

ServiceNow (NYSE: NOW) reported Q3 EPS of $1.55, $0.17 better than the analyst estimate of $1.38. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.47 billion.

Financial... More