ServiceNow, Inc. – Consensus ‘buy’ rating and -5.1% Downside Potential

Broker Ratings
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ServiceNow, Inc. with ticker code (NOW) have now 35 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $725.00 and $545.00 calculating the average target price we see $650.49. Given that the stocks previous close was at $685.74 this would indicate that there is a downside of -5.1%. The 50 day MA is $594.78 while the 200 day moving average is $534.35. The market capitalization for the company is 141.65B. The current share price for the company is: $690.79 USD

The potential market cap would be $134,368,517,395 based on the market consensus.

The company has a dividend yield of 2.88%. Other points of data to note are a P/E ratio of 89.25, revenue per share of $41.61 and a 3.09% return on assets.

ServiceNow, Inc. is a digital workflow company. The Company helps global enterprises across industries, universities and governments to digitize their workflows. Its technology platform, Now Platform, enables workflows to connect systems, silos, departments and processes with digital workflows. It categorizes workflow applications into four primary areas, such as technology, customer and industry, employee and creator. Its technology workflows give IT departments the ability to plan, build, operate, and service across the entire technology lifecycle. Its customer and industry workflows help organizations reimagine the customer experience and customer loyalty. Its employee workflows help customers simplify how their employees get the services they need, creating a familiar, to get work done from wherever an employee may be at home, in the workplace or in the field. Its creator workflows enable its customers to create, test, and deploy their own applications on the Now Platform.

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