ServiceNow, Inc. – Consensus ‘buy’ rating and 6.9% Upside Potential

Broker Ratings
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ServiceNow, Inc. which can be found using ticker (NOW) now have 34 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 $704.00 and $450.00 with the average target price sitting at $640.91. Now with the previous closing price of $599.43 this would imply there is now a potential upside of 6.9%. The 50 day MA is $568.32 and the 200 moving average now moves to $515.85. The total market capitalization for the company now stands at 124.42B. The current stock price for Microsoft Corporation is currently $606.76 USD

The potential market cap would be $133,028,870,243 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 78.09, 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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