ServiceNow, Inc. (NYSE:NOW) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of ServiceNow, Inc. (NYSE:NOW) have received a consensus recommendation of “Moderate Buy” from the forty-three ratings firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, thirty-two have assigned a buy rating and three have given a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $192.0649.

NOW has been the topic of several recent research reports. Argus raised ServiceNow to a “strong-buy” rating in a report on Wednesday, February 4th. DA Davidson reaffirmed a “buy” rating and set a $220.00 price target on shares of ServiceNow in a research note on Thursday, January 29th. Jefferies Financial Group dropped their price objective on shares of ServiceNow from $230.00 to $175.00 and set a “buy” rating for the company in a research note on Friday, January 23rd. Weiss Ratings restated a “hold (c)” rating on shares of ServiceNow in a report on Thursday, January 22nd. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $155.00 price target on shares of ServiceNow in a report on Thursday, February 5th.

ServiceNow Stock Up 5.8%

NOW opened at $120.52 on Friday. The company has a market capitalization of $126.06 billion, a PE ratio of 72.25, a price-to-earnings-growth ratio of 1.92 and a beta of 0.99. The firm has a 50-day simple moving average of $123.48 and a two-hundred day simple moving average of $157.84. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.12. ServiceNow has a 52 week low of $98.00 and a 52 week high of $211.48.

ServiceNow (NYSE:NOW) last posted its earnings results on Wednesday, January 28th. The information technology services provider reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. ServiceNow had a return on equity of 18.54% and a net margin of 13.16%.The company had revenue of $3.57 billion for the quarter, compared to the consensus estimate of $3.53 billion. During the same period in the previous year, the business earned $0.73 earnings per share. The firm’s revenue for the quarter was up 20.7% on a year-over-year basis. Analysts forecast that ServiceNow will post 8.93 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Paul Edward Chamberlain sold 1,500 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $101.17, for a total value of $151,755.00. Following the completion of the sale, the director directly owned 46,430 shares in the company, valued at $4,697,323.10. This trade represents a 3.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Paul Fipps sold 3,696 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $101.77, for a total transaction of $376,141.92. Following the transaction, the insider owned 8,061 shares in the company, valued at $820,367.97. This trade represents a 31.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 16,237 shares of company stock valued at $1,697,162 in the last ninety days. Insiders own 0.34% of the company’s stock.

Hedge Funds Weigh In On ServiceNow

A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of ServiceNow by 404.5% during the fourth quarter. Vanguard Group Inc. now owns 101,963,384 shares of the information technology services provider’s stock valued at $15,619,771,000 after buying an additional 81,752,460 shares during the last quarter. State Street Corp boosted its holdings in ServiceNow by 406.6% during the 4th quarter. State Street Corp now owns 47,896,597 shares of the information technology services provider’s stock valued at $7,337,280,000 after acquiring an additional 38,441,898 shares during the period. Price T Rowe Associates Inc. MD grew its position in ServiceNow by 371.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 32,395,663 shares of the information technology services provider’s stock valued at $4,962,692,000 after acquiring an additional 25,517,218 shares during the last quarter. Geode Capital Management LLC increased its stake in ServiceNow by 404.8% in the fourth quarter. Geode Capital Management LLC now owns 23,512,428 shares of the information technology services provider’s stock worth $3,591,425,000 after purchasing an additional 18,854,775 shares during the period. Finally, Morgan Stanley lifted its position in shares of ServiceNow by 335.6% during the fourth quarter. Morgan Stanley now owns 22,733,483 shares of the information technology services provider’s stock worth $3,482,543,000 after purchasing an additional 17,514,679 shares during the last quarter. 87.18% of the stock is owned by hedge funds and other institutional investors.

More ServiceNow News

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Major M&A expands AI/security footprint — ServiceNow is buying Israeli AI/security assets as part of an acquisition push (including the high‑profile Armis deal), signaling accelerated capability buildup and inorganic growth that investors view favorably. Cloud Stocks: ServiceNow Goes On An Acquisition Spree In Israel
• Positive Sentiment: New government / enterprise AI products — At its Government Forum ServiceNow unveiled EmployeeWorks (integrating Moveworks conversational AI) and other trusted‑AI solutions for mission-critical public‑sector workflows, strengthening enterprise adoption narratives. ServiceNow powers government reinvention with trusted AI
• Positive Sentiment: New AI product launch (Autonomous Workforce) creates monetization runway — ServiceNow’s Autonomous Workforce product positions the company to sell specialized AI agents that complete enterprise work, expanding addressable market and upsell opportunities. ServiceNow, Inc. (NOW) Launches New Autonomous Workforce
• Positive Sentiment: Commercial traction with telecom partners — A deployment with NTT DOCOMO and StarHub to improve roaming via ServiceNow AI is a tangible enterprise win that supports near‑term revenue proof points for AI workflow adoption. ServiceNow, NTT DOCOMO, StarHub Join Forces
• Positive Sentiment: Technical/market momentum — Chart analysts point to a double‑bottom breakout and momentum shift that has attracted dip buyers; combined with broader “AI selloff may have overshot” sentiment, this is fueling short‑term buying interest. ServiceNow (NOW) Price Forecast: Double Bottom Signals Trend Shift
• Neutral Sentiment: Identity/security ecosystem integration — 1Kosmos announced step‑up identity verification for ServiceNow help‑desk and sensitive change workflows; useful for customers but likely a modest near‑term revenue impact. 1Kosmos Brings Step‑Up Identity Verification to ServiceNow
• Neutral Sentiment: Elevated investor attention and conference activity — Coverage, searches, and the Morgan Stanley presentation keep the stock in focus; these amplify moves but aren’t a direct fundamental driver. Investors Heavily Search ServiceNow, Inc. (NOW)

ServiceNow Company Profile

ServiceNow (NYSE: NOW) is a cloud computing company that builds enterprise software to manage digital workflows and automate business processes. Its offerings are designed to replace manual work and legacy systems with cloud-based, service-oriented applications that support IT operations, customer service, human resources, security response and other enterprise functions.

The company’s flagship product family is the Now Platform, a suite of subscription software and platform services that includes IT Service Management (ITSM), IT Operations Management (ITOM), IT Business Management (ITBM), Customer Service Management (CSM), HR Service Delivery, Security Operations and Asset Management.