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How Do Analysts View ServiceNow?

Adam Rogers
How Do Analysts View ServiceNow?

William Fitzsimmons from Morningstar raised ServiceNow’s (NOW) price target from $221 to $195 and expected the company’s revenues to double in the short term. The analyst expects ServiceNow to post revenues of ~$4.0 billion in fiscal 2020 and that it could reach the $10.0 billion mark by fiscal 2027. Of the 34 analysts tracking ServiceNow, 30 recommend a “buy,” and four recommend a “hold.” There were no “sell” recommendations.