ServiceNow Inc [NOW] stock prices are up 2.58% to $1125.17 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NOW shares have gain 9.10% over the last week, with a monthly amount glided 6.05%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
ServiceNow Inc [NYSE: NOW] stock has seen the most recent analyst activity on January 17, 2025, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $1332. Previously, Raymond James started tracking the stock with Outperform rating on December 24, 2024, and set its price target to $1200. On December 13, 2024, downgrade downgraded it’s rating to Sector Weight. Scotiabank started tracking the stock assigning a Sector Outperform rating and suggested a price target of $1230 on November 19, 2024. Morgan Stanley downgraded its rating to a Equal-Weight and raised its price target to $960 on October 21, 2024. BMO Capital Markets reiterated a Outperform rating for this stock on October 10, 2024, and upped its price target to $1025. In a note dated October 08, 2024, UBS reiterated an Buy rating on this stock and boosted its target price from $900 to $1055.
The stock price of ServiceNow Inc [NOW] has been fluctuating between $637.99 and $1157.90 over the past year. Currently, Wall Street analysts expect the stock to reach $988.76 within the next 12 months. ServiceNow Inc [NYSE: NOW] shares were valued at $1125.17 at the most recent close of the market. An investor can expect a potential drop of -12.12% based on the average NOW price forecast.
Analyzing the NOW fundamentals
The ServiceNow Inc [NYSE:NOW] reported sales of 10.46B for trailing twelve months, representing a surge of 22.25%. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.16 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1,113.79 points at the first support level, and at 1,102.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 1,133.63, and for the 2nd resistance point, it is at 1,142.08.
Ratios To Look Out For
It’s worth pointing out that ServiceNow Inc [NYSE:NOW]’s Current Ratio is 1.06. As well, the Quick Ratio is 1.06, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 22.15, the price to book ratio is 24.99 and price to earnings (TTM) ratio is 175.04.
Transactions by insiders
Recent insider trading involved Canney Jacqueline P, Chief People Officer, that happened on Jan 16 ’25 when 455.0 shares were sold. Officer, Canney Jacqueline P completed a deal on Jan 16 ’25 to buy 455.0 shares. Meanwhile, Director Chamberlain Paul Edward sold 300.0 shares on Nov 29 ’24.
