ServiceNow, Inc. (NYSE:NOW – Free Report) – Stock analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for shares of ServiceNow in a research note issued on Monday, June 9th. Cantor Fitzgerald analyst T. Blakey anticipates that the information technology services provider will post earnings per share of $11.81 for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $1,048.00 price target on the stock. The consensus estimate for ServiceNow’s current full-year earnings is $8.93 per share.
ServiceNow (NYSE:NOW – Get Free Report) last issued its earnings results on Wednesday, April 23rd. The information technology services provider reported $4.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.78 by $0.26. ServiceNow had a return on equity of 17.11% and a net margin of 12.97%. The company had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.09 billion. During the same period last year, the business earned $3.41 EPS. ServiceNow’s quarterly revenue was up 18.6% compared to the same quarter last year.
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ServiceNow Price Performance
Shares of NOW opened at $1,003.66 on Tuesday. ServiceNow has a 12-month low of $678.66 and a 12-month high of $1,198.09. The business’s fifty day moving average is $933.88 and its 200 day moving average is $974.34. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.15. The stock has a market cap of $207.74 billion, a P/E ratio of 146.95, a P/E/G ratio of 4.51 and a beta of 0.95.
Insiders Place Their Bets
In other news, insider Jacqueline P. Canney sold 354 shares of ServiceNow stock in a transaction dated Wednesday, April 16th. The stock was sold at an average price of $804.61, for a total transaction of $284,831.94. Following the completion of the sale, the insider now owns 3,027 shares in the company, valued at approximately $2,435,554.47. This trade represents a 10.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jonathan Chadwick sold 770 shares of ServiceNow stock in a transaction dated Monday, April 28th. The shares were sold at an average price of $931.62, for a total value of $717,347.40. Following the sale, the director now owns 3,205 shares of the company’s stock, valued at approximately $2,985,842.10. This trade represents a 19.37% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,716 shares of company stock worth $6,611,245 in the last quarter. 0.38% of the stock is owned by company insiders.
Institutional Trading of ServiceNow
A number of large investors have recently modified their holdings of the business. Avidian Wealth Enterprises LLC lifted its position in ServiceNow by 1.8% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 497 shares of the information technology services provider’s stock worth $527,000 after buying an additional 9 shares during the last quarter. Haverford Trust Co increased its stake in ServiceNow by 0.9% in the 1st quarter. Haverford Trust Co now owns 1,176 shares of the information technology services provider’s stock worth $936,000 after purchasing an additional 10 shares during the period. Ascent Group LLC increased its stake in ServiceNow by 0.5% in the 1st quarter. Ascent Group LLC now owns 2,045 shares of the information technology services provider’s stock worth $1,628,000 after purchasing an additional 10 shares during the period. TBH Global Asset Management LLC increased its stake in ServiceNow by 3.8% in the 4th quarter. TBH Global Asset Management LLC now owns 302 shares of the information technology services provider’s stock worth $320,000 after purchasing an additional 11 shares during the period. Finally, Onefund LLC increased its stake in ServiceNow by 2.0% in the 4th quarter. Onefund LLC now owns 552 shares of the information technology services provider’s stock worth $585,000 after purchasing an additional 11 shares during the period. Institutional investors own 87.18% of the company’s stock.
ServiceNow Company Profile
ServiceNow, Inc provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.
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