ServiceNow, Inc. – Consensus ‘buy’ rating and -5.7% Downside Potential

Broker Ratings
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ServiceNow, Inc. which can be found using ticker (NOW) now have 37 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 $950.00 and $640.00 suggesting an average Analsyt target price of $872.80. Given that the stocks previous close was at $925.55 this would indicate that there is a downside of -5.7%. The 50 day moving average now sits at $827.08 and the 200 day moving average is $763.55. The total market capitalization for the company now stands at 190.13B. The price for the stock stands currently at: $923.60 USD

The potential market cap would be $179,293,442,401 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 166.71, revenue per share of $48.57 and a 4.05% 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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