ServiceNow delivers results, guidance beat; Seen as 'one of the best compounding stories in software'

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ServiceNow (NOW) PT Raised to $875 at Deutsche Bank

January 25, 2024 4:56 AM EST

Deutsche Bank analyst Brad Zelnick raised the price target on ServiceNow (NYSE: NOW) to $875.00 (from $860.00) while maintaining a Buy rating.... More

ServiceNow (NOW) PT Raised to $814 at Morgan Stanley

January 25, 2024 4:55 AM EST

Morgan Stanley analyst Keith Weiss raised the price target on ServiceNow (NYSE: NOW) to $814.00 (from $797.00) while maintaining a Overweight rating.... More

ServiceNow (NOW) PT Raised to $750 at Truist Securities

January 25, 2024 4:50 AM EST

Truist Securities analyst Joel Fishbein Jr. raised the price target on ServiceNow (NYSE: NOW) to $750.00 (from $700.00) while maintaining a Hold rating.... More

ServiceNow (NOW) PT Raised to $850 at BMO Capital

January 25, 2024 4:49 AM EST

BMO Capital analyst Keith Bachman raised the price target on ServiceNow (NYSE: NOW) to $850.00 (from $630.00) while maintaining a Outperform rating.... More

ServiceNow (NOW) PT Raised to $820 at Stifel

January 25, 2024 4:44 AM EST

Stifel analyst Brad Reback raised the price target on ServiceNow (NYSE: NOW) to $820.00 (from $740.00) while maintaining a Buy rating.

The analyst comments "Consistent with our preview, ServiceNow posted strong 4Q results as cRPO (23% Y/Y-CC, 200bps ahead), driven by strong large deal... More

ServiceNow (NOW) PT Raised to $910 at Goldman Sachs, 'Solid Subscription Revenue Outlook Leaves Room for Upside'

January 25, 2024 4:39 AM EST

Goldman Sachs analyst Kash Rangan raised the price target on ServiceNow (NYSE: NOW) to $910.00 (from $800.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and raise our Price Target to $910 following ServiceNows strong F4Q print, while also taking stock in the above-Consensus F24 guide on OPM (+29% vs. Consensus +28%) and Subscription revenue ($10.57bn, +1% vs. Consensus) with implied net new... More

ServiceNow (NOW) PT Raised to $890 at Barclays

January 25, 2024 3:44 AM EST

Barclays analyst Raimo Lenschow raised the price target on ServiceNow (NYSE: NOW) to $890.00 (from $870.00) while maintaining a Overweight rating.... More

ServiceNow (NOW) Tops Q4 EPS by 33c; offers guidance

January 24, 2024 4:12 PM EST

ServiceNow (NYSE: NOW) reported Q4 EPS of $3.11, $0.33 better than the analyst estimate of $2.78. Revenue for the quarter came in at $2.44 billion versus the consensus estimate of $2.4 billion.

Sees Q1 subscription revenue $2.51 billion to $2.52 billion, estimate $2.46 billion
Sees FY subscription revenue $10.56 billion to $10.58 billion, estimate $10.49... More

ServiceNow (NOW) Enters Five-year Alliance with Visa to Transform Payment Services

January 24, 2024 4:09 PM EST

ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, announced today a five-year strategic alliance with Visa, a world leader in digital payments, to transform payment services. The initial phase includes the launch of ServiceNow Disputes Management, Built with Visaa single, connected disputes resolution solution for issuers.

Managing disputes... More