Consensus indicates potential -5.7% downside

Consensus

Current service The stock discovered under the symbol (NOW) now has 29 analysts surveying the stock and unanimously agreeing that it has a “buy” rating. The target price for calculating the average target price is between 600 and 165, and we see 488.48. Given that the stock previously closed at 518.19, this means -5.7% potential downside. The 50-day moving average is 483.67, and the 200-day moving average is now 414.86. The company’s market capitalization is USD 97.872 billion. Company website: http://www.servicenow.com

ServiceNow provides enterprise cloud computing solutions to define, organize, integrate, manage and automate services for global enterprises. The company provides information technology (IT) service management applications; and digital workflow products for customer service, human resources, security operations, integrated risk management, and other corporate departments. It runs the Now platform, which provides workflow automation, electronic service catalogs and portals, configuration management systems, data benchmarking, performance analysis, encryption, and collaboration and development tools. The company also provides IT service management product suites for employees, customers, and partners; IT operations management products that connect customers’ physical and cloud-based IT infrastructure with applications and platforms; IT asset management products that can Automate the life cycle of IT assets through workflow; IT business management product suite for managing IT priorities; and enterprise development and operation products for developer tool chains. In addition, it also provides customer service management products for customer service cases and requirements; human resource service delivery products; safe operation products for third-party safe operation management requirements; governance, risk and compliance products to create policies and controls; And field service management applications. In addition, the company provides professional, training and customer support services; and certification programs. It provides services for government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education and consumer goods. The company sells its products through direct sales teams and resale partners. The company’s predecessor was Service-now.com and was renamed ServiceNow in May 2012. The company was founded in 2004 and is headquartered in Santa Clara, California.

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