Over the last quarter, ServiceNow NOW has observed the following analyst ratings:
| Bullish | Pretty Bullish | does not care | Pretty Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 5 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M ago | 0 | 0 | 0 | 0 | 0 |
| 2M ago | 0 | 0 | 0 | 0 | 0 |
| 3M ago | 3 | 5 | 0 | 0 | 0 |
These 9 analysts have an average price target of $ 682.78 compared to ServiceNow’s current price of $ 514.505, indicating an increase.
Below is a summary of how these 9 analysts have rated ServiceNow over the past 3 months. The greater the number of bullish ratings, the more positive analysts are in the stock and the greater the number of bearish ratings, the more negative analysts are in the stock.
This current average represents a 6.0% increase from the previous average price target of $ 726.33.
Benzinga monitors 150 analyst companies and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much a company will earn in the future, usually over the next five years, and how risky or predictable that company’s revenue streams will be.
Analysts attend the company’s conference calls and meetings, research the company’s financial statements, and interact with insiders to publish their ratings on the stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth, revenue, and earnings estimates to provide further guidance on their ratings. When using analyst ratings, it is important to remember that stock and sector analysts are also human and only offer their opinions to investors.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.