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

OverviewForecast
EarningsDividendOwnership

Analyst price target for NOW

Based on 21 analysts offering 12 month price targets for ServiceNow Inc.
Min Forecast
$500.00-24.55%
Avg Forecast
$639.81-3.45%
Max Forecast
$784.00+18.31%

Should I buy or sell NOW stock?

Based on 21 analysts offering ratings for ServiceNow Inc.
Strong Buy
Strong Buy
12 analysts 57.14%
Buy
8 analysts 38.1%
Hold
1 analysts 4.76%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

NOW stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Anonymous
DZ Bank
Strong BuyInitiates Coverage On$725.00+9.41%2021-09-22
Barclays
Top 1%
100
Strong BuyMaintains$784.00+18.31%2021-09-17
Mizuho
Top 2%
99
Strong BuyMaintains$650.00-1.91%2021-07-29
Morgan Stanley
Top 4%
97
Strong BuyMaintains$700.00+5.64%2021-07-29
RBC Capital
Top 3%
98
BuyMaintains$670.00+1.11%2021-07-29
Needham
Top 1%
100
BuyMaintains$641.00-3.27%2021-07-29
KeyBanc
Top 2%
99
Strong BuyMaintains$718.00+8.35%2021-07-29
Piper Sandler
Top 1%
100
HoldMaintains$585.00-11.72%2021-07-09
Goldman Sachs
Top 3%
98
Strong BuyMaintains$695.00+4.88%2021-06-10
Wolfe Research
Top 1%
100
BuyInitiates Coverage On$675.00+1.86%2021-04-23

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Forecast return on equity

Is NOW forecast to generate an efficient return?
Company
17.24%
Industry
-3.84%
Market
1,995.09%

Forecast return on assets

Is NOW forecast to generate an efficient return on assets?
Company
6.15%
Industry
3.32%
Market
960.94%

NOW earnings per share forecast

What is NOW's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$1.35+55.05%
Avg 2 year Forecast
$2.13+144.45%
Avg 3 year Forecast
$2.85+227.59%
NOW's earnings are forecast to grow at an exceptional rate of 49.46% per year
Forecast

NOW revenue forecast

What is NOW's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$5.8B+12.71%
Avg 2 year Forecast
$7.3B+40.76%
Avg 3 year Forecast
$9.0B+73.88%
NOW's revenue is forecast to grow at a rate of 19.88% per year, which is not exceptional
Forecast

NOW earnings growth forecast

How is NOW forecast to perform vs Software - Application companies and vs the US market?
Company
49.46%
Industry
2.88%
Market
18.71%
NOW's earnings are forecast to grow faster (49.46% per year) than the US Software - Application industry average (2.88%)
Forecast
NOW's earnings are forecast to grow faster (49.46% per year) than the US market average (18.71%)
Forecast
NOW's earnings are forecast to grow faster (49.46% per year) than the risk-free savings rate (1.3%)
Forecast

NOW revenue growth forecast

How is NOW forecast to perform vs Software - Application companies and vs the US market?
Company
19.88%
Industry
18.25%
Market
12.32%
NOW's revenues are forecast to grow faster (19.88% per year) than the US Software - Application industry average (18.25%)
Forecast
NOW's revenues are forecast to grow faster (19.88% per year) than the US market average (12.32%)
Forecast

ServiceNow Stock Forecast FAQ

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

The consensus among 21 Wall Street analysts covering (NYSE: NOW) stock is to Strong Buy NOW stock.

Out of 21 analysts, 12 (57.14%) are recommending NOW as a Strong Buy, 8 (38.1%) are recommending NOW as a Buy, 1 (4.76%) 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 49.46% is forecast to beat the US Software - Application industry's average forecast earnings growth rate of 2.88%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 18.71%.

ServiceNow's earnings in 2021 is $170,506,000.On average, 9 Wall Street analysts forecast NOW's earnings for 2021 to be $267,217,090, with the lowest NOW earnings forecast at $255,549,000, and the highest NOW earnings forecast at $299,131,000. On average, 3 Wall Street analysts forecast NOW's earnings for 2022 to be $421,299,270, with the lowest NOW earnings forecast at $384,314,000, and the highest NOW earnings forecast at $485,345,000.

In 2023, NOW is forecast to generate $564,585,000 in earnings, with the lowest earnings forecast at $519,022,000 and the highest earnings forecast at $610,148,000.

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

(NYSE: NOW) ServiceNow's forecast annual revenue growth rate of 19.88% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 18.25%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 12.32%.

ServiceNow's revenue in 2021 is $5,171,302,000.On average, 9 Wall Street analysts forecast NOW's revenue for 2021 to be $1,154,681,912,300, with the lowest NOW revenue forecast at $1,152,529,952,000, and the highest NOW revenue forecast at $1,157,438,870,000. On average, 9 Wall Street analysts forecast NOW's revenue for 2022 to be $1,441,954,250,100, with the lowest NOW revenue forecast at $1,423,427,740,000, and the highest NOW revenue forecast at $1,462,572,300,000.

In 2023, NOW is forecast to generate $1,781,292,418,500 in revenue, with the lowest revenue forecast at $1,748,957,546,000 and the highest revenue forecast at $1,834,207,900,000.

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 4.9%.

What is NOW's Price Target?

According to 21 Wall Street analysts that have issued a 1 year NOW price target, the average NOW price target is $639.81, with the highest NOW stock price forecast at $784.00 and the lowest NOW stock price forecast at $500.00.

On average, Wall Street analysts predict that ServiceNow's share price could stay at $639.81 by Sep 22, 2022. The average ServiceNow stock price prediction forecasts a potential downside of N/A from the current NOW share price of $662.65.

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

(NYSE: NOW) ServiceNow's current Earnings Per Share (EPS) is $0.87. On average, analysts forecast that NOW's EPS will be $1.35 for 2021, with the lowest EPS forecast at $1.29, and the highest EPS forecast at $1.51. On average, analysts forecast that NOW's EPS will be $2.13 for 2022, with the lowest EPS forecast at $1.94, and the highest EPS forecast at $2.45. In 2023, NOW's EPS is forecast to hit $2.85 (min: $2.62, max: $3.08).

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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