A share price of ServiceNow Inc [NOW] is currently trading at $1023.30, down -0.37%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NOW shares have gain 1.04% over the last week, with a monthly amount drifted -4.99%, and not 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.
ServiceNow Inc experienced fluctuations in its stock price throughout the past year between $637.99 and $1198.09. Currently, Wall Street analysts expect the stock to reach $1019.21 within the next 12 months. ServiceNow Inc [NYSE: NOW] shares were valued at $1023.30 at the most recent close of the market. An investor can expect a potential drop of -0.4% based on the average NOW price forecast.
Analyzing the NOW fundamentals
Trailing Twelve Months sales for ServiceNow Inc [NYSE:NOW] were 10.98B which represents 21.34% growth. 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 0.15 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
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 1,015.97 points at the first support level, and at 1,008.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 1,032.96, and for the 2nd resistance point, it is at 1,042.61.
Ratios To Look Out For
To put it in perspective, the Current Ratio for ServiceNow Inc [NYSE:NOW] is 1.04. In addition, the Quick Ratio stands at 1.04 and the Cash Ratio stands at 0.28. Considering the valuation of this stock, the price to sales ratio is 19.19, the price to book ratio is 21.99 and price to earnings (TTM) ratio is 149.60.
Transactions by insiders
Recent insider trading involved Quinlan Larry, Director, that happened on Feb 04 ’25 when 415.0 shares were sold. General Counsel, ELMER RUSSELL S completed a deal on Feb 03 ’25 to sell 2511.0 shares. Meanwhile, Director Quinlan Larry bought 830.0 shares on Feb 04 ’25.
