Analysts following ServiceNow Inc (NOW) on average expect it to add 52.12% over the next twelve months. Both analysts give the stock an average Strong Buy rating. That average rating gets ServiceNow Inc an Analyst Ranking of 62, which means it ranks higher than 62 of the stocks, based on data compiled by InvestorsObserver.
Why Are Analyst Ratings Important?
You can learn a lot about a company from looking at its financial statements and comparing them to other companies. Analysts who cover an industry in depth can add more to your research. They usually strictly follow a particular sector or industry. They also pay attention to and question revenue conference calls and other events where they can find out the information coming out of the numbers.
InvestorsObserver takes the average rating from these analysts, and then the percentile ranks those averages. This allows you to compare stocks in a more granular way than just seeing the standard five-tiered rating system used on most of Wall Street.
What’s Happening To ServiceNow Inc Stock Now?
The stock of ServiceNow Inc (NOW) was trading at $ 437.50 at 12:53 PM on Monday, May 9, a decrease of -$ 19.24, or -4.21% from the previous closing price of $ 456.74. The stock is trading between $ 425.79 and $ 450.31 so far. The volume today is 1,271,090 compared to the average volume of 1,638,838. Click Here to get the full Stock Report for ServiceNow Inc. stock.
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