Analysts have provided the following ratings for ServiceNow NOW during the last quarter:
| Bullish | A bit bullish | does not care | A bit bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 9 | 16 | 2 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M ago | 0 | 0 | 0 | 0 | 0 |
| 2M ago | 7 | 11 | 1 | 0 | 0 |
| 3M ago | 2 | 5 | 0 | 0 | 0 |
These 27 analysts have an average price target of $547.96 compared to ServiceNow’s current price of $391.03, indicating upside.
Below is a summary of how these 27 analysts have rated ServiceNow over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock.
This current average represents a 8.35% decrease from the previous average price target of $597.88.
Analysts are specialists within the banking and financial systems who typically report for specific stocks or within defined sectors. These people research the company’s financial statements, sit in on conference calls and meetings, and talk to relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts rate each stock once a quarter.
Some analysts publish their forecasts for metrics such as growth, revenue, and earnings estimates to provide additional guidance on their ratings. When using analyst ratings, it’s important to remember that stock and sector analysts are human too and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.