ServiceNowNOW
About: ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
Employees: 26,293
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
473% more first-time investments, than exits
New positions opened: 384 | Existing positions closed: 67
30% more funds holding in top 10
Funds holding in top 10: 76 [Q3] → 99 (+23) [Q4]
17% more capital invested
Capital invested by funds: $166B [Q3] → $194B (+$28.1B) [Q4]
14% more funds holding
Funds holding: 1,907 [Q3] → 2,180 (+273) [Q4]
2% more repeat investments, than reductions
Existing positions increased: 770 | Existing positions reduced: 757
1.83% less ownership
Funds ownership: 90.62% [Q3] → 88.78% (-1.83%) [Q4]
25% less call options, than puts
Call options by funds: $3.88B | Put options by funds: $5.14B
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
Mizuho Gregg Moskowitz 40% 1-year accuracy 19 / 47 met price target | 30%upside $1,100 | Outperform Maintained | 11 Mar 2025 |
Cantor Fitzgerald Thomas Blakey 32% 1-year accuracy 8 / 25 met price target | 24%upside $1,048 | Overweight Reiterated | 11 Mar 2025 |
UBS Karl Keirstead 38% 1-year accuracy 6 / 16 met price target | 18%upside $1,000 | Buy Maintained | 11 Mar 2025 |
Citizens Capital Markets Patrick Walravens 42% 1-year accuracy 49 / 117 met price target | 54%upside $1,300 | Market Outperform Reiterated | 11 Mar 2025 |
Canaccord Genuity David Hynes 38% 1-year accuracy 42 / 111 met price target | 51%upside $1,275 | Buy Maintained | 11 Mar 2025 |
Financial journalist opinion
Based on 37 articles about NOW published over the past 30 days
