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

Analyst price target for NOW

Based on 16 analysts offering 12 month price targets for ServiceNow Inc.
Min Forecast
$615.00+9.61%
Avg Forecast
$719.88+28.3%
Max Forecast
$805.00+43.47%

Should I buy or sell NOW stock?

Based on 17 analysts offering ratings for ServiceNow Inc.
Strong Buy
Strong Buy
10 analysts 58.82%
Buy
7 analysts 41.18%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

NOW stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Canaccord Genuity
Top 14%
87
Strong BuyMaintains$615.00+9.61%2022-01-27
BMO Capital
Top 8%
93
BuyMaintains$635.00+13.17%2022-01-27
Anonymous
Morgan Stanley
Strong BuyMaintains$810.00+44.36%2022-01-27
Oppenheimer
Bottom 14%
14
BuyMaintains$660.00+17.63%2022-01-27
Mizuho
Top 12%
89
Strong BuyMaintains$650.00+15.85%2022-01-27Find out why
Credit Suisse
Bottom 19%
19
BuyMaintains$800.00+42.58%2022-01-27
Barclays
Top 2%
99
Strong BuyMaintains$652.00+16.20%2022-01-27
Piper Sandler
Top 1%
100
Strong BuyUpgradesN/AN/A2022-01-27Find out why
Deutsche Bank
Top 7%
94
Strong BuyMaintains$700.00+24.76%2022-01-21
Argus Research
Top 16%
85
Strong BuyMaintains$805.00+43.47%2021-11-02Find out why

1 of 2

Forecast return on equity

Is NOW forecast to generate an efficient return?
Company
N/A
Industry
47.64%
Market
58.24%

Forecast return on assets

Is NOW forecast to generate an efficient return on assets?
Company
N/A
Industry
6.63%

NOW earnings per share forecast

What is NOW's earnings per share in the next 2 years based on estimates from 12 analysts?
Avg 1 year Forecast
$1.92+71.43%
Avg 2 year Forecast
$2.81+150.89%

NOW revenue forecast

What is NOW's revenue in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$7.4B+33.72%
Avg 2 year Forecast
$9.1B+65.31%
Avg 3 year Forecast
$11.0B+99%
NOW's revenue is forecast to... subscribe to Premium to read more.
Forecast

NOW revenue growth forecast

How is NOW forecast to perform vs Software - Application companies and vs the US market?
Company
25.57%
Industry
20.68%
Market
11.5%
NOW's revenues are forecast to... subscribe to Premium to read more.
Forecast
NOW's revenues are forecast to... subscribe to Premium to read more.
Forecast

ServiceNow Stock Forecast FAQ

Is ServiceNow Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NYSE: NOW) stock is to Strong Buy NOW stock.

Out of 17 analysts, 10 (58.82%) are recommending NOW as a Strong Buy, 7 (41.18%) 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 2022-2023?

(NYSE: NOW) ServiceNow's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 2.29%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.83%.

ServiceNow's earnings in 2022 is $220,648,000.On average, 12 Wall Street analysts forecast NOW's earnings for 2022 to be $382,080,000, with the lowest NOW earnings forecast at $304,470,000, and the highest NOW earnings forecast at $545,260,000.

In 2023, NOW is forecast to generate $559,190,000 in earnings, with the lowest earnings forecast at $469,640,000 and the highest earnings forecast at $682,570,000.

What is NOW's revenue growth forecast for 2022-2024?

(NYSE: NOW) ServiceNow's forecast annual revenue growth rate of 25.57% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 20.68%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 11.5%.

ServiceNow's revenue in 2022 is $5,531,330,000.On average, 11 Wall Street analysts forecast NOW's revenue for 2022 to be $1,471,856,536,000, with the lowest NOW revenue forecast at $1,464,441,000,000, and the highest NOW revenue forecast at $1,477,376,000,000. On average, 9 Wall Street analysts forecast NOW's revenue for 2023 to be $1,819,615,006,000, with the lowest NOW revenue forecast at $1,796,570,010,000, and the highest NOW revenue forecast at $1,840,879,350,000.

In 2024, NOW is forecast to generate $2,190,498,470,000 in revenue, with the lowest revenue forecast at $2,163,539,940,000 and the highest revenue forecast at $2,217,457,000,000.

What is NOW's forecast return on assets (ROA) for 2022-2025?

(NYSE: NOW) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 6.63%.

What is NOW's Price Target?

According to 16 Wall Street analysts that have issued a 1 year NOW price target, the average NOW price target is $719.88, with the highest NOW stock price forecast at $805.00 and the lowest NOW stock price forecast at $615.00.

On average, Wall Street analysts predict that ServiceNow's share price could reach $719.88 by Jan 27, 2023. The average ServiceNow stock price prediction forecasts a potential upside of 28.3% from the current NOW share price of $561.08.

What is NOW's Earnings Per Share (EPS) forecast for 2022-2023?

(NYSE: NOW) ServiceNow's current Earnings Per Share (EPS) is $1.12. On average, analysts forecast that NOW's EPS will be $1.92 for 2022, with the lowest EPS forecast at $1.53, and the highest EPS forecast at $2.74. In 2023, NOW's EPS is forecast to hit $2.81 (min: $2.36, max: $3.43).

What is NOW's forecast return on equity (ROE) for 2022-2025?

(NYSE: NOW) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.