I am reiterating my “buy” rating on ServiceNow with a price target of $1157 per share on the back of ongoing Enterprise Momentum, accelerating AI monetization, and expanding operating leverage. Its Q1 FY25 results beat estimates: revenue up 19.5% YoY, non-GAAP operating income up 20.5%, and $5M+ ACV customers increased 19.5%, despite tariff-related uncertainty. AI platform integration, agentic architecture, and vertical-specific AI agents position ServiceNow as a leader in enterprise AI transformation.
ServiceNow (NOW) reported earnings 30 days ago. What's next for the stock?
ServiceNow (NOW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
ServiceNow and Amazon team up to introduce a new solution that helps businesses unify and act on enterprise data more efficiently.
Recently, Zacks.com users have been paying close attention to ServiceNow (NOW). This makes it worthwhile to examine what the stock has in store.
Share prices of ServiceNow (NOW 0.74%) popped after the software company reported strong revenue growth to start the year and raised its guidance. While it's still trading down about 10% year to date, as of this writing, the stock is up about 27% over the past year.
The stock market has gotten off to a rocky start this year, but market volatility is a small price to pay for the large gains of holding shares of a great business over many years. If you put your money in the right growth stocks, you can build wealth that lasts for generations.
Major U.S. equities indexes gained ground for the third straight session. Although Trump administration officials have offered mixed comments on trade policy, this week's rally has coincided with increased optimism that negotiations could result in lower tariffs.
Software stocks are rising on Thursday following ServiceNow and SAP's earnings.
U.S. equities gained at midday as the market watched for further signs the White House may ease tariffs. The Nasdaq was nearly 2% higher, the S&P 500 was up 1.3%, and the Dow Jones Industrial Average rose 0.6%.
Now is the time to buy ServiceNow NYSE: NOW because, after correcting 40% from its early 2025 high, the rebound is on. The Q1 results sent the share price up more than 15% to confirm a significant technical reversal.
ServiceNow (NOW 14.84%) stock is surging Thursday after the company reported better-than-expected first-quarter results. The software company's share price had risen 15.2% as of 11:45 a.m.