WallStreetZen

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

Analyst price target for NOW

Based on 21 analysts offering 12 month price targets for ServiceNow Inc.
Min Forecast
$388.00-27.13%
Avg Forecast
$570.38+7.12%
Max Forecast
$662.00+24.33%

Should I buy or sell NOW stock?

Strong Buy
Strong Buy
17 analysts 77.27%
Buy
2 analysts 9.09%
Hold
3 analysts 13.64%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Forecast return on equity

Is NOW forecast to generate an efficient return?
Company
N/A
Industry
122.11%
Market
61.23%

Forecast return on assets

Is NOW forecast to generate an efficient return on assets?
Company
N/A
Industry
4.89%
Market
19.8%

NOW earnings per share forecast

What is NOW's earnings per share in the next 2 years based on estimates from 10 analysts?
Avg 1 year Forecast
$1.38-63.02%
Avg 2 year Forecast
$2.02-45.92%
NOW's earnings are forecast to grow at a rate of -10.71% per year, which is not exceptional
Forecast

NOW revenue forecast

What is NOW's revenue in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$5.6B+32.4%
Avg 2 year Forecast
$7.0B+65.07%
Avg 3 year Forecast
$8.6B+102.83%
NOW's revenue is forecast to grow at an exceptional rate of 26.03% per year
Forecast

NOW earnings growth forecast

How is NOW forecast to perform vs Software - Application companies and vs the US market?
Company
-10.71%
Industry
3.41%
Market
20.21%
NOW's earnings are forecast to grow slower (-10.71% per year) than the US Software - Application industry average (3.41%)
Forecast
NOW's earnings are forecast to grow slower (-10.71% per year) than the US market average (20.21%)
Forecast
NOW's earnings are forecast to grow slower (-10.71% per year) than the risk-free savings rate (1.1%)
Forecast

NOW revenue growth forecast

How is NOW forecast to perform vs Software - Application companies and vs the US market?
Company
26.03%
Industry
18.75%
Market
14.75%
NOW's revenues are forecast to grow faster (26.03% per year) than the US Software - Application industry average (18.75%)
Forecast
NOW's revenues are forecast to grow faster (26.03% per year) than the US market average (14.75%)
Forecast

ServiceNow Stock Forecast FAQ

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

The consensus among 22 Wall Street analysts covering (NYSE: NOW) stock is to Strong Buy NOW stock.

Out of 22 analysts, 17 (77.27%) are recommending NOW as a Strong Buy, 2 (9.09%) are recommending NOW as a Buy, 3 (13.64%) 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 Price Target?

According to 21 Wall Street analysts that have issued a 1 year NOW price target, the average NOW price target is $570.38, with the highest NOW stock price forecast at $662.00 and the lowest NOW stock price forecast at $388.00.

On average, Wall Street analysts predict that ServiceNow's share price could reach $570.38 by Jan 24, 2022. The average ServiceNow stock price prediction forecasts a potential upside of 7.12% from the current NOW share price of $532.46.

What is NOW's earnings growth forecast for 2021-2022?

(NYSE: NOW) ServiceNow's forecast annual earnings growth rate of -10.71% is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 3.41%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.21%.

ServiceNow's earnings in 2021 is $700,579,000.On average, 10 Wall Street analysts forecast NOW's earnings for 2021 to be $265,259,400, with the lowest NOW earnings forecast at $201,390,000, and the highest NOW earnings forecast at $349,076,000.

In 2022, NOW is forecast to generate $387,915,500 in earnings, with the lowest earnings forecast at $251,258,000 and the highest earnings forecast at $548,548,000.

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

(NYSE: NOW) ServiceNow's forecast annual revenue growth rate of 26.03% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 18.75%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 14.75%.

ServiceNow's revenue in 2021 is $4,220,928,000.On average, 11 Wall Street analysts forecast NOW's revenue for 2021 to be $1,071,901,152,000, with the lowest NOW revenue forecast at $1,055,447,205,400, and the highest NOW revenue forecast at $1,093,260,000,000. On average, 11 Wall Street analysts forecast NOW's revenue for 2022 to be $1,336,390,091,400, with the lowest NOW revenue forecast at $1,291,019,226,000, and the highest NOW revenue forecast at $1,389,207,400,000.

In 2023, NOW is forecast to generate $1,642,095,700,000 in revenue, with the lowest revenue forecast at $1,613,997,000,000 and the highest revenue forecast at $1,670,194,400,000.

What is NOW's Earnings Per Share (EPS) forecast for 2021-2022?

(NYSE: NOW) ServiceNow's current Earnings Per Share (EPS) is $3.74. On average, analysts forecast that NOW's EPS will be $1.38 for 2021, with the lowest EPS forecast at $1.05, and the highest EPS forecast at $1.82. In 2022, NOW's EPS is forecast to hit $2.02 (min: $1.31, max: $2.86).

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

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

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 4.89%.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
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