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NYSE: NOW
ServiceNow Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for NOW

Based on 20 analysts offering 12 month price targets for ServiceNow Inc.
Min Forecast
$500.00+0.4%
Avg Forecast
$607.55+22%
Max Forecast
$695.00+39.56%

Should I buy or sell NOW stock?

Strong Buy
Strong Buy
13 analysts 65%
Buy
7 analysts 35%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

NOW stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Kash Rangan
Goldman Sachs
Strong BuyMaintains$695.00+39.56%2021-06-10
Gregg Moskowitz
Mizuho
Strong BuyMaintains$590.00+18.47%2021-05-11
Joseph Bonner
Argus Research
Strong BuyMaintains$640.00+28.51%2021-02-02
Raimo Lenschow
Barclays
Strong BuyMaintains$655.00+31.52%2021-01-28
David Hynes
Canaccord Genuity
Strong BuyMaintains$600.00+20.48%2021-01-28
Robert Majek
Raymond James
Strong BuyMaintains$600.00+20.48%2021-01-28
Brad Sills
Bank of America
Strong BuyReinstates$650.00+30.52%2020-12-16
Anonymous
KeyBanc
Strong BuyInitiates Coverage On$620.00+24.50%2020-11-24
Keith Weiss
Morgan Stanley
Strong BuyUpgrades$652.00+30.92%2020-11-12
Karl Keirstead
UBS
Strong BuyInitiates Coverage On$600.00+20.48%2020-10-14

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Forecast return on equity

Is NOW forecast to generate an efficient return?
Company
20.67%
Industry
11.7%
Market
50.49%

Forecast return on assets

Is NOW forecast to generate an efficient return on assets?
Company
7.12%
Industry
5.19%
Market
16.4%

NOW earnings per share forecast

What is NOW's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$1.20+53.33%
Avg 2 year Forecast
$1.88+140.71%
Avg 3 year Forecast
$3.18+307.69%
NOW's earnings are forecast to grow at an exceptional rate of 54.64% per year
Forecast

NOW revenue forecast

What is NOW's revenue in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$5.7B+18.41%
Avg 2 year Forecast
$7.1B+47.45%
Avg 3 year Forecast
$8.8B+82.57%
NOW's revenue is forecast to grow at an exceptional rate of 21.61% per year
Forecast

NOW earnings growth forecast

How is NOW forecast to perform vs Software - Application companies and vs the US market?
Company
54.64%
Industry
-1.38%
Market
19.68%
NOW's earnings are forecast to grow faster (54.64% per year) than the US Software - Application industry average (-1.38%)
Forecast
NOW's earnings are forecast to grow faster (54.64% per year) than the US market average (19.68%)
Forecast
NOW's earnings are forecast to grow faster (54.64% per year) than the risk-free savings rate (1.5%)
Forecast

NOW revenue growth forecast

How is NOW forecast to perform vs Software - Application companies and vs the US market?
Company
21.61%
Industry
17.4%
Market
14.56%
NOW's revenues are forecast to grow faster (21.61% per year) than the US Software - Application industry average (17.4%)
Forecast
NOW's revenues are forecast to grow faster (21.61% per year) than the US market average (14.56%)
Forecast

ServiceNow Stock Forecast FAQ

Is ServiceNow Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 20 Wall Street analysts covering (NYSE: NOW) stock is to Strong Buy NOW stock.

Out of 20 analysts, 13 (65%) are recommending NOW as a Strong Buy, 7 (35%) are recommending NOW as a Buy, 0 (0%) are recommending NOW as a Hold, 0 (0%) are recommending NOW as a Sell, and 0 (0%) are recommending NOW as a Strong Sell.

What is NOW's earnings growth forecast for 2021-2023?

(NYSE: NOW) ServiceNow's forecast annual earnings growth rate of 54.64% is forecast to beat the US Software - Application industry's average forecast earnings growth rate of -1.38%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 19.68%.

ServiceNow's earnings in 2021 is $152,272,000.On average, 10 Wall Street analysts forecast NOW's earnings for 2021 to be $236,090,400, with the lowest NOW earnings forecast at $221,088,000, and the highest NOW earnings forecast at $260,568,000. On average, 4 Wall Street analysts forecast NOW's earnings for 2022 to be $370,618,500, with the lowest NOW earnings forecast at $260,568,000, and the highest NOW earnings forecast at $461,916,000.

In 2023, NOW is forecast to generate $627,732,000 in earnings, with the lowest earnings forecast at $627,732,000 and the highest earnings forecast at $627,732,000.

What is NOW's revenue growth forecast for 2021-2023?

(NYSE: NOW) ServiceNow's forecast annual revenue growth rate of 21.61% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 17.4%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 14.56%.

ServiceNow's revenue in 2021 is $4,833,144,000.On average, 12 Wall Street analysts forecast NOW's revenue for 2021 to be $1,129,748,230,800, with the lowest NOW revenue forecast at $1,103,466,000,000, and the highest NOW revenue forecast at $1,135,484,280,000. On average, 12 Wall Street analysts forecast NOW's revenue for 2022 to be $1,406,796,564,600, with the lowest NOW revenue forecast at $1,373,509,200,000, and the highest NOW revenue forecast at $1,435,609,858,200.

In 2023, NOW is forecast to generate $1,741,855,626,000 in revenue, with the lowest revenue forecast at $1,705,693,920,000 and the highest revenue forecast at $1,802,256,078,000.

What is NOW's forecast return on assets (ROA) for 2021-2024?

(NYSE: NOW) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 4.54%.

What is NOW's Price Target?

According to 20 Wall Street analysts that have issued a 1 year NOW price target, the average NOW price target is $607.55, with the highest NOW stock price forecast at $695.00 and the lowest NOW stock price forecast at $500.00.

On average, Wall Street analysts predict that ServiceNow's share price could stay at $607.55 by Jun 10, 2022. The average ServiceNow stock price prediction forecasts a potential downside of N/A from the current NOW share price of $498.01.

What is NOW's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: NOW) ServiceNow's current Earnings Per Share (EPS) is $0.78. On average, analysts forecast that NOW's EPS will be $1.20 for 2021, with the lowest EPS forecast at $1.12, and the highest EPS forecast at $1.32. On average, analysts forecast that NOW's EPS will be $1.88 for 2022, with the lowest EPS forecast at $1.32, and the highest EPS forecast at $2.34. In 2023, NOW's EPS is forecast to hit $3.18 (min: $3.18, max: $3.18).

What is NOW's forecast return on equity (ROE) for 2021-2024?

(NYSE: NOW) forecast ROE is N/A, which is considered weak.
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