Related posts
Stocks advance on inflation dataDow, TSX, Bitcoin climbStocks retreat on economic worriesThis summary was created by AI, based on 6 opinions in the last 12 months.
Servicenow (NOW-N) is a top-notch cloud business software company with a strong track record of growth over the past decade. Experts praise its use of AI, successful federal contracts, and collaborations with industry leaders like Nvidia. The company's focus on cloud platforms and workflow management has established a strong market position with potential for long-term growth. The upcoming release of an updated platform driven by new AI tools is expected to significantly increase contract value for some customers. With a high product renewal rate and impressive financial performance, Servicenow is well-regarded for keeping businesses running smoothly.
They're using AI well, have scored some federal contracts and the CEO is doing a great job.
Run by a fine CEO and they have a great AI collaboration with Nvidia that offers long-term potential.
Enjoys a moat. They develop cloud platforms that manage workflows at businesses. A sticky business. The total market is $200-220 billion. They team up well--with Nvidia, Accenture. They just beat top and bottom and extended guidance. Buy at $555, then $530 then $530 in tranches.
(Analysts’ price target is $644.68)Today, NOW said they were making more use of gen-AI than anyone else. In September they will release an updated platform driven by new gen AUI tools that will drive a 60-100% increase in contract value for some customers.
Its product renewal rate is 99% and it has many very high spending clients. Its last report beat on both the top and bottom lines and it raised guidance. It keeps companies running smoothly. Its market cap is $92 billion.
(Analysts’ price target is $509.00)Servicenow is a American stock, trading under the symbol NOW-N on the New York Stock Exchange (NOW). It is usually referred to as NYSE:NOW or NOW-N
In the last year, 4 stock analysts published opinions about NOW-N. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Servicenow.
Servicenow was recommended as a Top Pick by on . Read the latest stock experts ratings for Servicenow.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Servicenow In the last year. It is a trending stock that is worth watching.
On 2024-03-27, Servicenow (NOW-N) stock closed at a price of $759.
Excellent software cloud business with strong growth the past 10 years. Best of breed software company, but very expensive valuation (~40x P/E). Would recommend holding shares if already own them. Given valuation would wait to buy if don't already own shares.