ServiceNow (NOW) Projected to Post Quarterly Earnings on Wednesday

ServiceNow (NYSE:NOW) is expected to release its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to announce earnings of $0.86 per share and revenue of $3.9267 billion for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 5:00 PM ET.

ServiceNow (NYSE:NOW) last announced its earnings results on Wednesday, April 22nd. The information technology services provider reported $0.97 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.97. The firm had revenue of $3.77 billion during the quarter, compared to analyst estimates of $3.75 billion. ServiceNow had a net margin of 12.59% and a return on equity of 18.16%. The company’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.81 EPS. On average, analysts expect ServiceNow to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

ServiceNow Price Performance

NOW stock opened at $104.90 on Wednesday. The stock has a 50-day moving average price of $103.20 and a two-hundred day moving average price of $110.31. ServiceNow has a 1 year low of $81.24 and a 1 year high of $210.20. The stock has a market cap of $108.15 billion, a PE ratio of 62.51, a price-to-earnings-growth ratio of 1.85 and a beta of 0.96. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.13.

More ServiceNow News

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: UBS raised its price target on ServiceNow to $115 from $100, suggesting analysts still see upside and stable demand trends. Benzinga
• Positive Sentiment: New partner and government-contract announcements highlighted continued ecosystem momentum, including C1Secure’s ServiceNow-native FedRAMP 20x platform and Empower AI’s GSA enterprise IT award, both reinforcing ServiceNow’s role in AI-enabled workflow and public-sector modernization. Article Title Article Title
• Positive Sentiment: Recent commentary argues ServiceNow’s AI tools, including Now Assist, could become a stronger monetization driver as investors rotate toward application software. Article Title
• Neutral Sentiment: Several analyst-style articles debated ServiceNow’s valuation and long-term prospects, with some calling it attractive for the rebound and others saying it is not the cheapest name in software. Article Title Article Title
• Negative Sentiment: IBM’s revenue warning triggered a broader selloff in tech and dragged ServiceNow lower along with other enterprise software names like Accenture. Article Title Article Title

Insider Activity

In other news, Director Paul Edward Chamberlain sold 1,500 shares of ServiceNow stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $87.23, for a total value of $130,845.00. Following the completion of the transaction, the director owned 44,930 shares of the company’s stock, valued at $3,919,243.90. This trade represents a 3.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jacqueline P. Canney sold 8,927 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $89.60, for a total transaction of $799,859.20. Following the transaction, the insider owned 29,531 shares in the company, valued at $2,645,977.60. This represents a 23.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 28,071 shares of company stock worth $2,529,956. 0.34% of the stock is owned by insiders.

Hedge Funds Weigh In On ServiceNow

A number of hedge funds and other institutional investors have recently bought and sold shares of NOW. AlphaCentric Advisors LLC acquired a new position in ServiceNow during the fourth quarter worth approximately $25,000. Bank of Jackson Hole Trust lifted its position in shares of ServiceNow by 534.6% in the fourth quarter. Bank of Jackson Hole Trust now owns 165 shares of the information technology services provider’s stock valued at $25,000 after buying an additional 139 shares during the last quarter. Wealth Watch Advisors INC lifted its position in shares of ServiceNow by 432.3% in the fourth quarter. Wealth Watch Advisors INC now owns 165 shares of the information technology services provider’s stock valued at $25,000 after buying an additional 134 shares during the last quarter. Golden State Wealth Management LLC boosted its stake in shares of ServiceNow by 378.0% during the 4th quarter. Golden State Wealth Management LLC now owns 282 shares of the information technology services provider’s stock worth $43,000 after acquiring an additional 223 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its holdings in shares of ServiceNow by 4,157.1% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 298 shares of the information technology services provider’s stock worth $46,000 after acquiring an additional 291 shares during the last quarter. Institutional investors own 87.18% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Jefferies Financial Group reaffirmed a “buy” rating and set a $135.00 price objective (down from $175.00) on shares of ServiceNow in a research report on Thursday, April 23rd. Capital One Financial lifted their target price on ServiceNow from $105.00 to $120.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. FBN Securities cut their target price on ServiceNow from $160.00 to $120.00 in a research note on Thursday, April 23rd. TD Cowen reaffirmed a “buy” rating and set a $140.00 price target on shares of ServiceNow in a research report on Thursday, April 23rd. Finally, Citigroup raised their price target on shares of ServiceNow from $154.00 to $158.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $140.60.

About ServiceNow

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.