(NOW) ServiceNow - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US81762P1021

Stock: Workflow Platform, ITSM, CSM, HRSD, Security Operations

Total Rating 35
Risk 67
Buy Signal -1.25

EPS (Earnings per Share)

EPS (Earnings per Share) of NOW over the last years for every Quarter: "2020-12": 0.02, "2021-03": 0.3, "2021-06": 0.28, "2021-09": 0.31, "2021-12": 0.29, "2022-03": 0.35, "2022-06": 0.32, "2022-09": 0.39, "2022-12": 0.15, "2023-03": 0.47, "2023-06": 0.47, "2023-09": 0.23, "2023-12": 0.29, "2024-03": 0.68, "2024-06": 0.63, "2024-09": 0.74, "2024-12": 0.73, "2025-03": 0.81, "2025-06": 0.82, "2025-09": 0.96, "2025-12": 0.92,

Revenue

Revenue of NOW over the last years for every Quarter: 2020-12: 1250.33, 2021-03: 1360, 2021-06: 1409, 2021-09: 1512, 2021-12: 1614, 2022-03: 1722, 2022-06: 1752, 2022-09: 1831, 2022-12: 1940, 2023-03: 2096, 2023-06: 2150, 2023-09: 2288, 2023-12: 2437, 2024-03: 2603, 2024-06: 2627, 2024-09: 2797, 2024-12: 2957, 2025-03: 3088, 2025-06: 3215, 2025-09: 3407, 2025-12: 3568,
Risk 5d forecast
Volatility 56.0%
Relative Tail Risk -2.78%
Reward TTM
Sharpe Ratio -1.60
Alpha -70.08
Character TTM
Beta 1.301
Beta Downside 1.141
Drawdowns 3y
Max DD 56.96%
CAGR/Max DD 0.06

Description: NOW ServiceNow January 26, 2026

ServiceNow (NYSE:NOW) delivers a cloud-based, AI-enabled workflow platform that spans IT service management, security, HR, customer service, field service, and low-code/no-code development tools. Its Now Platform integrates machine-learning, robotic process automation, process mining, analytics, and a suite of industry-specific applications, serving enterprises across government, financial services, healthcare, manufacturing, retail, technology, and telecom through direct sales and partner channels.

In its most recent fiscal year (FY 2024), ServiceNow reported revenue of $8.03 billion, a 20% year-over-year increase driven primarily by subscription and support growth, with annual recurring revenue (ARR) reaching $14.5 billion and a gross margin of 78% on subscription services. The company’s operating cash flow rose 22% YoY, reflecting strong demand for digital-transformation solutions amid a broader enterprise software market that is projected to expand at a 9% CAGR through 2028, buoyed by accelerated AI adoption and cloud migration initiatives.

For a deeper, data-driven assessment of ServiceNow’s valuation dynamics, consider exploring ValueRay’s analytical toolkit.

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income: 1.75b TTM > 0 and > 6% of Revenue
FCF/TA: 0.18 > 0.02 and ΔFCF/TA 0.97 > 1.0
NWC/Revenue: -4.23% < 20% (prev 7.55%; Δ -11.78% < -1%)
CFO/TA 0.21 > 3% & CFO 5.44b > Net Income 1.75b
Net Debt (-523.0m) to EBITDA (3.02b): -0.17 < 3
Current Ratio: 0.95 > 1.5 & < 3
Outstanding Shares: last quarter (1.05b) vs 12m ago 0.19% < -2%
Gross Margin: 77.53% > 18% (prev 0.79%; Δ 7674 % > 0.5%)
Asset Turnover: 57.21% > 50% (prev 53.89%; Δ 3.32% > 0%)
Interest Coverage Ratio: 99.09 > 6 (EBITDA TTM 3.02b / Interest Expense TTM 23.0m)

Altman Z'' 1.60

A: -0.02 (Total Current Assets 9.88b - Total Current Liabilities 10.44b) / Total Assets 26.04b
B: 0.20 (Retained Earnings 5.24b / Total Assets 26.04b)
C: 0.10 (EBIT TTM 2.28b / Avg Total Assets 23.21b)
D: 0.40 (Book Value of Equity 5.26b / Total Liabilities 13.07b)
Altman-Z'' Score: 1.60 = BB

Beneish M -2.93

DSRI: 0.97 (Receivables 2.63b/2.24b, Revenue 13.28b/10.98b)
GMI: 1.02 (GM 77.53% / 79.18%)
AQI: 1.17 (AQ_t 0.50 / AQ_t-1 0.43)
SGI: 1.21 (Revenue 13.28b / 10.98b)
TATA: -0.14 (NI 1.75b - CFO 5.44b) / TA 26.04b)
Beneish M-Score: -2.93 (Cap -4..+1) = A

What is the price of NOW shares?

As of February 08, 2026, the stock is trading at USD 100.74 with a total of 34,727,047 shares traded.
Over the past week, the price has changed by -13.90%, over one month by -32.30%, over three months by -41.35% and over the past year by -50.78%.

Is NOW a buy, sell or hold?

ServiceNow has received a consensus analysts rating of 4.49. Therefore, it is recommended to buy NOW.
  • StrongBuy: 31
  • Buy: 10
  • Hold: 5
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the NOW price?

Issuer Target Up/Down from current
Wallstreet Target Price 190 88.6%
Analysts Target Price 190 88.6%
ValueRay Target Price 86.8 -13.8%

NOW Fundamental Data Overview February 07, 2026

P/E Trailing = 61.4551
P/E Forward = 26.3852
P/S = 8.1555
P/B = 8.9617
P/EG = 0.9706
Revenue TTM = 13.28b USD
EBIT TTM = 2.28b USD
EBITDA TTM = 3.02b USD
Long Term Debt = 1.49b USD (from longTermDebt, last quarter)
Short Term Debt = 112.0m USD (from shortTermDebt, last quarter)
Debt = 3.20b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -523.0m USD (from netDebt column, last quarter)
Enterprise Value = 107.77b USD (108.29b + Debt 3.20b - CCE 3.73b)
Interest Coverage Ratio = 99.09 (Ebit TTM 2.28b / Interest Expense TTM 23.0m)
EV/FCF = 23.55x (Enterprise Value 107.77b / FCF TTM 4.58b)
FCF Yield = 4.25% (FCF TTM 4.58b / Enterprise Value 107.77b)
FCF Margin = 34.46% (FCF TTM 4.58b / Revenue TTM 13.28b)
Net Margin = 13.16% (Net Income TTM 1.75b / Revenue TTM 13.28b)
Gross Margin = 77.53% ((Revenue TTM 13.28b - Cost of Revenue TTM 2.98b) / Revenue TTM)
Gross Margin QoQ = 76.63% (prev 77.28%)
Tobins Q-Ratio = 4.14 (Enterprise Value 107.77b / Total Assets 26.04b)
Interest Expense / Debt = 0.16% (Interest Expense 5.00m / Debt 3.20b)
Taxrate = 25.88% (140.0m / 541.0m)
NOPAT = 1.69b (EBIT 2.28b * (1 - 25.88%))
Current Ratio = 0.95 (Total Current Assets 9.88b / Total Current Liabilities 10.44b)
Debt / Equity = 0.25 (Debt 3.20b / totalStockholderEquity, last quarter 12.96b)
Debt / EBITDA = -0.17 (Net Debt -523.0m / EBITDA 3.02b)
Debt / FCF = -0.11 (Net Debt -523.0m / FCF TTM 4.58b)
Total Stockholder Equity = 11.33b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.53% (Net Income 1.75b / Total Assets 26.04b)
RoE = 15.42% (Net Income TTM 1.75b / Total Stockholder Equity 11.33b)
RoCE = 17.77% (EBIT 2.28b / Capital Employed (Equity 11.33b + L.T.Debt 1.49b))
RoIC = 13.17% (NOPAT 1.69b / Invested Capital 12.82b)
WACC = 10.41% (E(108.29b)/V(111.49b) * Re(10.71%) + D(3.20b)/V(111.49b) * Rd(0.16%) * (1-Tc(0.26)))
Discount Rate = 10.71% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.58%
[DCF Debug] Terminal Value 73.85% ; FCFF base≈4.10b ; Y1≈5.06b ; Y5≈8.61b
Fair Price DCF = 93.68 (EV 97.46b - Net Debt -523.0m = Equity 97.99b / Shares 1.05b; r=10.41% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 78.75 | EPS CAGR: 29.40% | SUE: 0.79 | # QB: 0
Revenue Correlation: 99.80 | Revenue CAGR: 21.44% | SUE: 1.16 | # QB: 3
EPS next Quarter (2026-03-31): EPS=0.97 | Chg30d=+0.016 | Revisions Net=+20 | Analysts=36
EPS current Year (2026-12-31): EPS=4.16 | Chg30d=+0.085 | Revisions Net=+25 | Growth EPS=+18.5% | Growth Revenue=+20.4%
EPS next Year (2027-12-31): EPS=5.01 | Chg30d=+0.133 | Revisions Net=+20 | Growth EPS=+20.4% | Growth Revenue=+18.4%

Additional Sources for NOW Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle