Weekly Analyst Rating Changes for ServiceNow (NOW)


Service Today (NYSE: NOW) recently received some price target changes and rating updates:

  • 5/25/2022 – ServiceNow was lowered by analysts at Piper Sandler from $ 650.00 to $ 600.00. They already have an “overweight” rating on the stock.
  • 5/25/2022 – ServiceNow was lowered by analysts at Mizuho from $ 650.00 to $ 550.00. They already have a “buy” rating on the stock.
  • 5/25/2022 – Analysts at UBS Group AG lowered ServiceNow to its price to $ 570.00.
  • 5/25/2022 – ServiceNow was lowered by analysts at Stifel Nicolaus from $ 650.00 to $ 550.00.
  • 5/23/2022 – ServiceNow was downgraded by analysts at Jefferies Financial Group Inc. from $ 700.00 to $ 550.00.
  • 5/18/2022 – Analysts at Wells Fargo & Company now cover ServiceNow. They set an “overweight” rating and a $ 600.00 target price on the stock.
  • 5/18/2022 – ServiceNow lowered analysts ’price target at Morgan Stanley to $ 594.00. They already have an “already” rating on the stock.
  • 5/10/2022 – Analysts at Truist Financial Co downgraded. the target price of ServiceNow is from $ 700.00 to $ 600.00.
  • 4/28/2022 – Analysts downgraded Cowen Inc. the target price of ServiceNow from $ 725.00 to $ 695.00.
  • 4/28/2022 – Analysts at Morgan Stanley lowered the price of ServiceNow from $ 810.00 to $ 745.00.
  • 4/28/2022 – ServiceNow was downgraded by analysts at Oppenheimer Holdings Inc. from $ 660.00 to $ 600.00.
  • 4/28/2022 – ServiceNow was lowered by analysts at Credit Suisse Group AG from $ 800.00 to $ 700.00.
  • 4/28/2022 – Analysts at Cowen Inc lowered ServiceNow’s target price from $ 725.00 to $ 695.00.
  • 4/28/2022 – ServiceNow was lowered by analysts at Deutsche Bank Aktiengesellschaft from $ 700.00 to $ 680.00.
  • 4/28/2022 – ServiceNow lowered the price target of analysts at Barclays PLC from $ 652.00 to $ 613.00.
  • 4/28/2022 – ServiceNow raises analysts ’price target on Citigroup Inc. from $ 623.00 to $ 656.00.
  • 4/27/2022 – Analysts at BMO Capital Markets lowered the target price of ServiceNow from $ 635.00 to $ 570.00.
  • 4/26/2022-ServiceNow was downgraded by analysts at TheStreet from a “b-” rating to a “c+” rating.
  • 4/25/2022 – ServiceNow was lowered by analysts at KeyCorp from $ 692.00 to $ 613.00. They already have an “overweight” rating on the stock.
  • 4/25/2022 – ServiceNow was lowered by analysts at Royal Bank of Canada from $ 700.00 to $ 660.00. They already have an “outperform” rating on the stock.
  • 4/19/2022 – Analysts downgraded Citigroup Inc. the target price of ServiceNow from $ 675.00 to $ 623.00. They already have a “buy” rating on the stock.
  • 3/31/2022 – ServiceNow is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
  • 3/29/2022 – ServiceNow was downgraded by analysts at Exane BNP Paribas from a “neutral” rating to an “underperform” rating.
  • 3/29/2022 – ServiceNow was downgraded by analysts at BNP Paribas from a “neutral” rating to an “underperform” rating. They already have a $ 460.00 target price on the stock.

NYSE NOW shares opened at $ 454.87 on Friday. The company has a fast ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.37. The company has a market cap of $ 91.18 billion, a P/E ratio of 413.52, a P/E/G ratio of 8.35 and a beta of 1.09. ServiceNow, Inc. has a 52 -week low of $ 406.47 and a 52 -week high of $ 707.60. The business has a 50-day simple moving average of $ 497.61 and a two-hundred-day simple moving average of $ 561.85.

ServiceNow (NYSE: NOW-Get Rating) last announced its quarterly earnings results on Wednesday, April 27th. The information technology service provider reported $ 0.47 EPS for the quarter, beating the consensus $ 0.34 of $ 0.13. ServiceNow has a net margin of 3.56% and a return on equity of 8.66%. The company had revenue of $ 1.72 billion in the quarter, compared to the consolidated $ 1.70 billion. In the same period last year, the company earned $ 0.50 EPS. Business quarterly revenue rose 26.6% compared to the same quarter last year. Equities research analysts expect ServiceNow, Inc. will post 1.8 EPS for the current year.

In other ServiceNow news, insider Paul John Smith sold 412 shares of business stock in a transaction on Wednesday, May 18th. The shares were sold at an average price of $ 427.17, for a total value of $ 175,994.04. Following the completion of the sale, the insider now directly owns 1,755 shares of the company’s stock, valued at $ 749,683.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, accessible through the SEC website. Also, Director Frederic B. Luddy sold 333 shares of the company’s stock in a transaction dated Wednesday, March 2nd. The shares were sold at an average price of $ 587.50, for a total value of $ 195,637.50. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,370 shares of the company’s stock worth $ 8,436,928. Corporate insiders own 0.35% of the company’s stock.

Some large investors have recently made changes to their positions NOW. Chilton Capital Management LLC bought a new position in ServiceNow in the fourth quarter worth approximately $ 25,000. Eagle Bay Advisors LLC increased its holdings in ServiceNow shares by 75.0% in the 3rd quarter. Eagle Bay Advisors LLC now owns 42 shares of the information technology services provider’s stock worth $ 27,000 after acquiring an additional 18 shares during the period. OLD Second National Bank of Aurora bought a new position in shares of ServiceNow in the 1st quarter worth approximately $ 28,000. High Net Worth Advisory Group LLC bought a new position in shares of ServiceNow in the 1st quarter worth approximately $ 29,000. Finally, AHL Investment Management Inc. bought a new stake in shares of ServiceNow in the fourth quarter worth approximately $ 35,000. Institutional investors own 87.20% of the company’s stock.

ServiceNow, Inc. 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.

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