Key Highlights:
- ServiceNow's (NOW, Financial) Q1 2025 subscription revenue surged nearly 20%.
- Analysts project a potential upside of nearly 26% based on current stock price.
- The company's continued growth trajectory signals robust performance with strong future prospects.
ServiceNow Inc. (NYSE: NOW) has been making waves in the financial markets with a striking performance in the first quarter of 2025. The company reported a noteworthy 20% increase in subscription revenue, boosting its share value by as much as 9% during post-market trading. Total revenue for the quarter reached an impressive $3.09 billion, marking an 18.5% growth compared to the previous year. With these promising figures, ServiceNow sets its sights on continued expansion, forecasting subscription revenue of up to $12.68 billion for the full year 2025.
Wall Street Analysts' Forecast
When it comes to future price movements, analysts remain optimistic about ServiceNow. Based on projections from 40 analysts, the average price target for ServiceNow Inc. (NOW, Financial) stands at $1,023.69. The range of estimates varies between a high of $1,300.00 and a low of $716.00. This places the average target at a potential upside of 25.96% from the current stock price of $812.70. Investors seeking more detailed projections can access the ServiceNow Inc (NOW) Forecast page.
ServiceNow's stock holds an "Outperform" recommendation from 47 brokerage firms, reflecting a consensus average rating of 1.9. This rating indicates a favorable outlook, with the scale ranging from 1 (Strong Buy) to 5 (Sell). Such endorsements underscore the market's confidence in ServiceNow's potential for sustained success.
According to GuruFocus estimates, the estimated GF Value for ServiceNow Inc (NOW, Financial) in one year is projected at $1,056.38. This estimation suggests an upside of 29.98% from the current stock price of $812.70. The GF Value is a reflection of GuruFocus' fair value calculation, taking into account historical trading multiples, past business growth, and anticipated future performance. For further insights, visit the ServiceNow Inc (NOW) Summary page.
