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This summary was created by AI, based on 6 opinions in the last 12 months.

Servicenow (NOW-N) is a highly rated cloud software business with strong growth potential. It has successfully implemented AI technology, scored federal contracts, and formed key collaborations with companies like Nvidia. The company enjoys a solid market position and has shown consistent performance, as well as the potential for further growth with the release of an updated platform and gen-AI tools. Overall, it is a well-regarded company with promising long-term prospects in the cloud business sector.

Consensus
Positive
Valuation
Overvalued
BUY ON WEAKNESS
Servicenow

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. 

Technology
BUY ON WEAKNESS
Servicenow

They're using AI well, have scored some federal contracts and the CEO is doing a great job.

Technology
BUY
Servicenow

Run by a fine CEO and they have a great AI collaboration with Nvidia that offers long-term potential.

Technology
TOP PICK
Servicenow

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)
Technology
COMMENT
Servicenow

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.

Technology
PAST TOP PICK
Servicenow
(A Top Pick May 18/22, Up 10%)

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)
Technology
BUY
Servicenow
They continue to expand and make businesses more expensive. Likes it even though the stock is expensive.
Technology
BUY
Servicenow
Actually, cloud stocks have held up relatively well compared to tech. In less than two months, shares have gone from $406 to $490, but remains over $200 from its peak. Business is good and NOW is actually profitable.
Technology
PAST TOP PICK
Servicenow
(A Top Pick Aug 04/21, Down 24%) Down 24%, which sounds ugly, but it's actually the best-looking one in the crowd. Long runway to the price target. If you think that a year from now, inflation and rates will have calmed down, the tech sector will be led by the likes of this company. Profitable, free cashflow. 99% contract renewal rate. (Analysts’ price target is $625.00)
Technology
BUY ON WEAKNESS
Servicenow
Cloud stocks have been beaten these, but some actually make money. NOW has fallen $707 from last November to below $500 today. Business is terrific. In April, they delivered a solid quarter, bullish outlook and raised their long-term subscription revenue target. Share are up $90 in recent weeks.
Technology
TOP PICK
Servicenow
A brave choice, as it's on the SaaS side. So much value here. A leader in workflow automation and machine learning. CEO is a driven management guy. Buy in thirds here at $414, 400, and 390. 12-month target of $650. No dividend. (Analysts’ price target is $648.60)
Technology
COMMENT
Servicenow
A tough one. They had the best quarter of the large tech companies and they keep winning new contracts. But in this bear market, NOW gets no credit.
Technology
WEAK BUY
Servicenow
Cloud computing for digitization of workflow. Has done well. Great growth potential and free cashflow growth. He accesses the cloud instead through MSFT, GOOGL, and AMZN. Cloud will continue to grow considerably, though not as fast as during Covid. Increased competition means own the bigger players.
Technology
BUY
Servicenow
It reported last Wednesday. This cloud computing could do no wrong until the Fed announced it will raise rates. Shares were $707 in November then fell to $484 and yet nothing had happened at the company. Then they delivered a great, sterling quarter and forecast. Billings and EPS beat the street. Meanwhile, analysts havecut NOW's price targets! Shares still rose, though it may have discouraged buyer.
Technology
BUY
Servicenow
Tim Collins, a technical analysts, is bullish cloud stocks. It's recently pulled back from recent highs in a "flag pattern" or "continuation pattern" which means that consolidating, a stock will resume its march higher. Before this consolidation happened, NOW was nicely moving higher, then POW in August an explosion to the upside. Recently it's declined with lower highs and lower lows over a few weeks. But in last week's rally, NOW broke until its old ceiling of resistance has become its new floor of support. Collins sees new resistance at $680, its old all-time high. If it doesn't break out, this could fall to $630-650. Below $610, he'll exit. But if it holds current support, this will head higher.
Technology
Showing 1 to 15 of 27 entries

Servicenow(NOW-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Servicenow is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Servicenow(NOW-N) Frequently Asked Questions

What is Servicenow stock symbol?

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

Is Servicenow a buy or a sell?

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.

Is Servicenow a good investment or a top pick?

Servicenow was recommended as a Top Pick by on . Read the latest stock experts ratings for Servicenow.

Why is Servicenow stock dropping?

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.

Is Servicenow worth watching?

4 stock analysts on Stockchase covered Servicenow In the last year. It is a trending stock that is worth watching.

What is Servicenow stock price?

On 2024-04-12, Servicenow (NOW-N) stock closed at a price of $768.71.