ServiceNow (NOW) PT Raised to $1,045 at RBC Capital

ServiceNow (NOW) PT Raised to $1,000 at Canaccord Genuity

(Updated - October 24, 2024 6:22 AM EDT)

Canaccord Genuity analyst Richard Davis raised the price target on ServiceNow (NYSE: NOW) to $1,000.00 (from $850.00) while maintaining a Buy rating.

The analyst commented: "NOW shares are expensive at ~45x EV/FCF on... More

ServiceNow (NOW) PT Raised to $1,050 at Goldman Sachs

Goldman Sachs analyst Kash Rangan raised the price target on ServiceNow (NYSE: NOW) to $1,050.00 (from $1,000.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and raise our Price Target to $1,050 on ServiceNow following strong outperformance on key metrics, including a +200 bps beat on Subs Revenue and +150 bps beat on cRPO (CC), broadly aligning with our F3Q... More

ServiceNow (NOW) PT Raised to $1,000 at Barclays

Barclays analyst Raimo Lenschow raised the price target on ServiceNow (NYSE: NOW) to $1,000.00 (from $980.00) while maintaining a Overweight rating.

The analyst comments "With NOW shares up meaningfully since the Q2 print (NOW +24.2% vs. IGV +9.5), it was always difficult to expect a meaningfully... More

ServiceNow (NOW) PT Raised to $1,040 at KeyBanc

KeyBanc analyst Jackson Ader raised the price target on ServiceNow (NYSE: NOW) to $1,040.00 (from $1,020.00) while maintaining a Overweight rating.... More

After-hours movers: Tesla, Lam Research, IBM and more

After-Hours Stock Movers:

Tesla (NASDAQ: TSLA) rose 8% after third quarter EPS topped estimates and it said it expects slight growth in vehicle deliveries in 2024.

Lam Research (NASDAQ:... More

ServiceNow forecasts quarterly subscription revenue above estimates as AI boosts demand

(Reuters) - ServiceNow forecast fourth-quarter subscription revenue above Wall Street estimates on Wednesday, indicating a robust demand as businesses turn to its AI-driven products for managing their IT services.

The Santa Clara, California-based company also raised annual subscription revenue forecast, driven by demand from both new and existing customers.

Enterprise clients use AI-powered software offered by companies such as ServiceNow to automate and manage IT... More

ServiceNow (NOW) Tops Q3 EPS by 27c

ServiceNow (NYSE: NOW) reported Q3 EPS of $3.72, $0.27 better than the analyst estimate of $3.45. Revenue for the quarter came in at $2.79 billion versus the consensus estimate of $2.75 billion.

Financial Outlook

Our guidance includes GAAP and non-GAAP financial measures. The non-GAAP growth rates for subscription revenues are adjusted for constant currency by excluding effects of foreign currency rate fluctuations and any... More

ServiceNow (NOW) PT Raised to $900 at Truist Securities

Truist Securities analyst Joel Fishbein Jr. raised the price target on ServiceNow (NYSE: NOW) to $900.00 (from $780.00) while maintaining a Hold rating.... More

ServiceNow (NOW) October 25 weekly option implied volatility into quarter results

ServiceNow (NYSE: NOW) October 25 weekly call option implied volatility is at 82, November is at 43; compared to its 52-week range of 23 to 44 into the expected release of quarter results after the bell on October 23.