ServiceNow – Consensus Indicates Potential 35.4% Upside

Service Today found using ticker (NOW) now has 32 analysts covering the stock. The analyst’s consensus points to a ‘Buy’ rating. The range between high target price and low target price is between 850 and 390 which calculates the mean target price we have 630.74. Since the stock previously closed at 465.95 this indicates that there is a potential increase of 35.4%. The 50 day moving average is 474.53 and the 200 day MA is 579.45. The company has a market capitalization of $ 85,813m. Visit the company website at: https://www.servicenow.com

The potential market cap would be $ 116,162m based on market consensus.

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ServiceNow provides enterprise cloud computing solutions that define, develop, integrate, manage, and automate services for businesses around the world. It runs 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 that connect internal and third parties. In addition, it offers a management, risk, and compliance product to manage risk and stability; human resources, legal, and workplace service delivery products; safe workplace applications; customer service management products; and field service management applications. Plus, it provides an App Engine product; IntegrationHub allows the application to extend workflows; and professional, industry solutions, and customer support services. It serves government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer products through a direct sales team and resale partners. It has a strategic partnership with Celonis to help customers define 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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