ServiceNow – Consensus Indicates Potential 29.8% Upside

Service Today found ticker user (NOW) now has 34 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price is between 850 and 310 with an average target price of 558.82. With the stock’s previous close at 430.56 this would indicate a potential upside of 29.8%. The day 50 moving average is 467 and the 200 day MA is 526.96. The company has a market cap of $88,537m. Find out more information at: https://www.servicenow.com

The potential market cap would be $114,911m based on market consensus.

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ServiceNow provides enterprise cloud computing solutions that define, build, integrate, manage, and automate services for businesses worldwide. It powers the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools. The company also provides information technology (IT) service management applications; IT service management product suite for employees, customers, and enterprise partners; IT business management product suite; IT operations management product that connects the customer’s physical and cloud-based IT infrastructure; IT Asset Management to automate IT asset lifecycles; and security operations connecting internal and third parties. In addition, it offers a governance, risk, and compliance product to manage risk and resilience; human resources, legal, and workplace service delivery products; secure workplace applications; customer service management product; and field service management applications. Additionally, it provides an App Engine product; IntegrationHub enables application to extend workflows; and professional, industry solutions, and customer support services. It provides government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer products through direct sales teams and resale partners. It has a strategic partnership with Celonis to help customers identify and prioritize processes suitable for automation. The company was formerly known as Service-now.com and changed its name to ServiceNow in May 2012. The company was founded in 2004 and is headquartered in Santa Clara, California.

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