ServiceNow is trading at cheaper valuations following a warning from one of its rivals.
ServiceNow, Inc. (NYSE:NOW ) BofA Securities 2024 Global Technology Conference Call June 4, 2024 3:30 PM ET Company Participants Chirantan Desai - President and Chief Operating Officer Conference Call Participants Bradley Sills - Bank of America Securities Bradley Sills Delighted to be welcoming ServiceNow to the conference. We are very fortunate to have COO, CJ Desai with us.
ServiceNow is predicted to have a strong year with a 25.25% increase in revenue and consistent growth in the next fiscal years. The company's robust economic moat, leadership advantage and high customer retention rate contribute to its pricing power and long-term profitability. Initiating coverage with a cautious Buy based on ServiceNow's healthy financials, strong management team, and solid customer base. However, near-term volatility is possible due to software industry headwinds.
In the latest trading session, ServiceNow (NOW) closed at $660.11, marking a +0.48% move from the previous day.
ServiceNow, Inc. (NYSE:NOW ) TD Cowen's 52nd Annual Technology, Media & Telecom Conference May 29, 2024 1:15 PM ET Company Participants Chirantan Desai - President & COO Conference Call Participants James Wood - TD Cowen James Wood Thank you, everyone, for joining. I'm Derrick Wood, senior analyst covering enterprise software at TD Cowen.
Software-as-a-service (SaaS) companies are having one of their single worst days in the stock market in decades.
ServiceNow, Inc. (NYSE:NOW ) Bernstein's 40th Annual Strategic Decisions Conference May 29, 2024 2:30 AM ET Company Participants CJ Desai - President and COO Conference Call Participants Peter Weed - Bernstein Peter Weed Hello, everybody. Welcome. Thank you for joining the session on ServiceNow.
ServiceNow, Inc. (NYSE:NOW ) Jefferies Software Conference May 29, 2024 2:00 PM ET Company Participants Gina Mastantuono - Chief Financial Officer Conference Call Participants Samad Samana - Jefferies Samad Samana Awesome. Thank you everybody for joining us.
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ServiceNow (NOW) reported earnings 30 days ago. What's next for the stock?