What is ServiceNow's (now) stock symbol?
What is ServiceNow's stock symbol? ServiceNow trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOW." Who are ServiceNow's major shareholders? ServiceNow's stock is owned by a number of retail and institutional investors.
What is ServiceNow's price targets for the next year?
Their forecasts range from $600.00 to $810.00. On average, they anticipate ServiceNow's stock price to reach $696.18 in the next year. This suggests a possible upside of 19.6% from the stock's current price. View analysts' price targets for ServiceNow or view top-rated stocks among Wall Street analysts.
How did ServiceNow (now) perform in Q4 earnings?
ServiceNow, Inc. (NYSE:NOW) issued its quarterly earnings data on Wednesday, January, 26th. The information technology services provider reported $1. 46 earnings per share for the quarter, topping the Zacks' consensus estimate of $1. 43 by $0. 03. ServiceNow had a net margin of 3. 90% and a trailing twelve-month return on equity of 9. 43%.
How did ServiceNow's (snow) earnings compare to the Zacks consensus?
The information technology services provider reported $1.46 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.43 by $0.03. ServiceNow had a net margin of 3.90% and a trailing twelve-month return on equity of 9.43%.
Is ServiceNow a good buy?
There are currently 2 sell ratings, 1 hold rating and 26 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ServiceNow stock. View analyst ratings for ServiceNow or view top-rated stocks.
Will ServiceNow stock go up?
Stock Price Forecast The 27 analysts offering 12-month price forecasts for ServiceNow Inc have a median target of 613.00, with a high estimate of 752.00 and a low estimate of 550.00. The median estimate represents a +32.50% increase from the last price of 462.64.
Is ServiceNow overvalued?
Most analysts complained in 2019 that ServiceNow was already overvalued. At the time it breached a 50x P/E ratio, which was enough to raise concern among investors. Thereafter investors went on a buying spree for technology stocks, and ServiceNOW catapulted higher from a share price and valuation perspective.
Is ServiceNow a buy Zacks?
Zacks' proprietary data indicates that ServiceNow, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the NOW shares relative to the market in the next few months.
Will CRM stock go up?
Salesforce Inc (NYSE:CRM) The 43 analysts offering 12-month price forecasts for Salesforce Inc have a median target of 242.00, with a high estimate of 340.00 and a low estimate of 175.00. The median estimate represents a +44.56% increase from the last price of 167.40.
Should I sell ServiceNow stock?
Servicenow(NOW-N) Rating Stockchase rating for Servicenow is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Why is ServiceNow stock so high?
ServiceNow shares headed higher after the workflow management software provider posted better-than-expected fourth-quarter earnings.
Are tech stocks overpriced?
The best-performing sector of the S&P 500 is still the cheapest, while technology stocks look overvalued.
Is ServiceNow making money?
For 2022, ServiceNow expects its subscription revenue to rise 28% on a constant currency basis. It also expects to generate more than $15 billion in annual revenue by 2026 -- which would represent a compound annual growth rate (CAGR) of at least 20.9% from its $5.81 billion in non-GAAP revenue in 2021.
Is snow a buy Zacks?
Zacks' proprietary data indicates that Snowflake Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the SNOW shares relative to the market in the next few months.
Should I buy or sell ServiceNow stock right now?
27 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ServiceNow in the last year. There are currently 2 sell...
What is ServiceNow's stock price forecast for 2022?
27 brokers have issued 12 month price targets for ServiceNow's stock. Their forecasts range from $460.00 to $805.00. On average, they anticipate Se...
How has ServiceNow's stock performed in 2022?
ServiceNow's stock was trading at $649.11 on January 1st, 2022. Since then, NOW stock has decreased by 27.1% and is now trading at $473.15. View t...
When is ServiceNow's next earnings date?
ServiceNow is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast for ServiceNow .
How were ServiceNow's earnings last quarter?
ServiceNow, Inc. (NYSE:NOW) issued its quarterly earnings results on Wednesday, April, 27th. The information technology services provider reported...
Who are ServiceNow's key executives?
ServiceNow's management team includes the following people: Mr. William R. McDermott , Pres, CEO & Director (Age 60, Pay $3.57M) ( LinkedIn Prof...
What is Bill McDermott's approval rating as ServiceNow's CEO?
223 employees have rated ServiceNow CEO Bill McDermott on Glassdoor.com . Bill McDermott has an approval rating of 98% among ServiceNow's employee...
Who are some of ServiceNow's key competitors?
Some companies that are related to ServiceNow include Microsoft (MSFT) , Oracle (ORCL) , VMware (VMW) , Fortinet (FTNT) , Axon Enterprise (AXO...
What other stocks do shareholders of ServiceNow own?
Based on aggregate information from My MarketBeat watchlists, some companies that other ServiceNow investors own include NVIDIA (NVDA) , Salesfor...
Is ServiceNow stock a Buy, Sell or Hold?
ServiceNow stock has received a consensus rating of buy. The average rating score is and is based on 89 buy ratings, 9 hold ratings, and 0 sell rat...
What was the 52-week low for ServiceNow stock?
The low in the last 52 weeks of ServiceNow stock was 406.67. According to the current price, ServiceNow is 123.90% away from the 52-week low.
What was the 52-week high for ServiceNow stock?
The high in the last 52 weeks of ServiceNow stock was 707.31. According to the current price, ServiceNow is 71.23% away from the 52-week high.
What are analysts forecasts for ServiceNow stock?
The 98 analysts offering price forecasts for ServiceNow have a median target of 624.30, with a high estimate of 850.00 and a low estimate of 430.00...
How much cash does ServiceNow have in 2021?
How much will ServiceNow make in 2021?
As of Mar 31, 2021, ServiceNow had cash and cash equivalents and short-term investments of $3.456 billion compared with $3.09 billion as of Dec 31, 2020.#N#During the reported quarter, cash from operations was $727 million, compared with $685.5 million in the previous quarter.#N#ServiceNow generated free cash flow of $627 million, up from $565 million reported in the prior quarter. Further, free cash flow margin was 45%, up 100 bps on a quarter-over-quarter basis.#N#At the end of the first quarter, remaining performance obligations (RPO) were $8.8 billion, surging 34% year over year. After adjusting for forex, RPO totaled $8.6 billion, surging 30% year over year. Current RPO was approximately $4.4 billion, up 33% year over year. After adjusting for forex, current RPO came in at $4.3 billion, climbing 29% year over year.
About ServiceNow
For 2021, ServiceNow now projects subscription revenues between $5.455 billion and $5.47 billion, suggesting growth of 27-28% over 2020. The company had previously guided subscription revenues between $5.48 billion and $5.50 billion.#N#Non-GAAP adjusted subscription billings are now projected to be $6.19-$6.205 billion, which suggests a rise of 24-25% from the year-ago reported figure. The company had previously guided adjusted subscription billings between $6.205 and $6.225 billion.#N#ServiceNow continues to expect non-GAAP subscription margin to be 85% and non-GAAP operating margin to be 23.5%. Moreover, non-GAAP free cash flow margin is expected to be 30%.
ServiceNow (NYSE:NOW) Frequently Asked Questions
ServiceNow, Inc. engages in the provision of enterprise cloud computing solutions. The firm delivers digital workflows on a single enterprise cloud platform called the Now Platform. Its product portfolio is focused on providing Information Technology, Employee and Customer workflows.
Now that it's down significantly from its highs, is it time to pick up shares in this workflow automation company?
28 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ServiceNow in the last year. There are currently 1 hold rating and 27 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ServiceNow stock. View analyst ratings for ServiceNow or view top-rated stocks.
What happened?
The stock market is shedding value thus far in 2022. Inflation, tapering, and expected interest rate hikes have rattled investors. Many tech companies are bearing the brunt of the hit. When the market sells off, it creates opportunities to buy quality companies on sale. This may be the case with ServiceNow ( NOW -1.72% ).
NYSE: NOW
ServiceNow has been an extremely successful stock over the last ten years. An investment of $10,000 10 years ago would be worth more than $200,000 today. However, as we can see below, the stock has dropped recently. In fact, it currently trades more than 25% down from its 52-week high.
The fundamentals remain strong
ServiceNow, along with much of the technology sector, was flying high until late 2021, when cracks began forming in the market. When inflation breached 7%, it became clear that the Federal Reserve would have to increase the pace of tapering and raise interest rates several times in 2022.
Has ServiceNow become a buy?
ServiceNow has some fantastic fundamentals that should impress investors. First, revenue is growing at a brisk pace. For the first nine months of 2021, the company posted $4.3 billion in sales. This is a 31% increase over the same period in 2020. Gross profit grew 29% to $3.3 billion over the same period.
Premium Investing Services
Jitters have hit the market hard so far in 2022, and they may not be over. Uncertainty over Federal Reserve actions relating to inflation, international conflict, and a general feeling that market valuations are stretched are likely culprits. While many investors are selling, these conditions can prove beneficial for buyers in the long run.
What is ServiceNow Inc?
Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.
What is a strong weekly advance?
Santa Clara, CA-based ServiceNow Inc. provides cloud computing services that automate digital workflows to accelerate enterprise IT operations. The company’s Now Platform enables enterprises to enhance productivity by streamlining system processes.#N#By utilizing ServiceNow’s product portfolio, customers can design any workflow application to reduce the manual time taken by complex processes, and consequently optimize total cost of ownership or TCO.#N#The company’s solutions address the needs of many departments within an enterprise, including IT, human resources (HR), facilities, field service, marketing, customer service, security, legal and ...
How much revenue did Salesforce have in 2020?
A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. Others will look for a pullback on the week as a good entry point, assuming the longer-term price changes (4 week, 12 weeks, etc.) are strong.
Is ServiceNow riskier than Salesforce?
The first reason is a lesson about numbers. Small numbers can grow faster than big ones. During 2020, for instance, Salesforce had revenues of $17.1 billion, $3.8 billion more than in 2019. During 2020 ServiceNow had $4.5 billion in revenue, just $1 billion more than the year before.