ServiceNow raises annual subscription revenue forecast on AI-driven tools demand

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Go back to ServiceNow raises annual subscription revenue forecast on AI-driven tools demand

ServiceNow (NOW) PT Raised to $1,200 at Needham

July 24, 2025 5:55 AM EDT

Needham analyst Mike Cikos raised the price target on ServiceNow (NYSE: NOW) to $1,200.00 (from $1,050.00) while maintaining a Buy rating.

The analyst comments "ServiceNow reported a strong quarter, delivering results 200 basis points above the high-end of guidance for both Subscription Revenue and cRPO. Furthermore,... More