ServiceNow, Inc. Stock Price Targets
Comprehensive analysis of short, mid, and long-term price targets for ServiceNow, Inc. (NOW).
Give me a comprehensive price target analysis for ServiceNow, Inc. (NOW).
Price Target Analysis
| Time Horizon | Price Target | Justification and Key Drivers |
|---|---|---|
| Short-Term (3 months) | ~$890 - $920 | Moderate upside potential driven by current momentum, technical support near the 50-day moving average, and positive earnings trend. Near-term catalysts include continued revenue growth and strong analyst sentiment. RSI nearing oversold levels may also suggest near-term upside. |
| Mid-Term (12 months) | ~$1160 | Based on median analyst target, driven by sustained revenue growth, expanding margins, and positive EPS revisions (+41 upward revisions in the last 30 days). Fundamentals suggest further operational efficiencies and enterprise expansion. Technical support from the 50-day moving average supports this outlook. |
| Long-Term (3+ years) | ~$1300 | High analyst target indicates strong growth expectations. Key drivers include cloud SaaS market expansion, digital transformation adoption, and competitive advantages. The company’s financial health, with solid cash reserves and manageable debt levels, supports long-term growth. Market leadership and ongoing innovation will be critical. |
This analysis reflects a bullish outlook, with substantial upside potential aligned with fundamental strength and positive technical signals. The stock’s current positioning suggests potential for appreciation toward the high target over the next 12 to 36 months, contingent on sustained earnings growth and market conditions.