- ServiceNow is significantly boosting its AI-powered Pro Plus offerings, seeing substantial growth in AI-related deals.
- Analysts predict a potential upside of over 37% from current prices, with strong "Outperform" consensus recommendations.
- GuruFocus estimates indicate a fair value increase of over 36% for ServiceNow within the next year.
ServiceNow (NOW, Financial) is currently riding a wave of growth in its AI-powered Pro Plus services. The company has strategically shifted its focus towards expanding adoption, laying a robust foundation for future revenue. A remarkable 150% sequential increase in AI-related deals was reported for Q4 2024, underscoring ServiceNow's adeptness at targeting high-value clients and seamlessly integrating AI across various digital workflows.
Wall Street Analysts Forecast
Insightful analysis from 40 financial experts reveals that the average one-year price target for ServiceNow Inc (NOW, Financial) stands at $1,062.49. This projection encompasses a high estimate of $1,426.00 and a low of $716.00, suggesting an enticing 37.60% upside from the current stock price of $772.16. For more detailed projections, visit the ServiceNow Inc (NOW) Forecast page.
A consensus recommendation from 47 brokerage firms places ServiceNow Inc's (NOW, Financial) average brokerage score at 1.9, signifying a robust "Outperform" status. The rating system ranges from 1 to 5, where 1 stands for Strong Buy, and 5 indicates Sell.
Further reinforcing this optimistic outlook, GuruFocus' GF Value estimate for ServiceNow Inc (NOW, Financial) sets its one-year fair value at $1056.63. This suggests a potential upside of 36.84% from the current price of $772.16. The GF Value is a precise estimation, derived from previous stock multiples, historical business growth, and forward-looking business performance projections. For more comprehensive data, please refer to the ServiceNow Inc (NOW) Summary page.
