ServiceNow Inc [NYSE: NOW] closed the trading session at $1012.75.
The stocks have a year to date performance of -4.47 percent and weekly performance of -10.71 percent. The stock has been moved at 26.78 percent over the last six months. The stock has performed -6.35 percent around the most recent 30 days and changed 7.17 percent over the most recent 3-months.
If compared to the average trading volume of 1.26M shares, NOW reached to a volume of 6193245 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about ServiceNow Inc [NOW]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NOW shares is $1169.39 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NOW stock is a recommendation set at 1.55. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for ServiceNow Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 17, 2025. While these analysts kept the previous recommendation, Raymond James raised their target price to Outperform. The new note on the price target was released on December 24, 2024, representing the official price target for ServiceNow Inc stock.
The Average True Range (ATR) for ServiceNow Inc is set at 39.78, with the Price to Sales ratio for NOW stock in the period of the last 12 months amounting to 18.99. The Price to Book ratio for the last quarter was 22.49, with the Price to Cash per share for the same quarter was set at 27.97. Price to Free Cash Flow for NOW in the course of the last twelve months was 61.09 with Quick ratio for the last quarter at 1.06.
NOW stock trade performance evaluation
ServiceNow Inc [NOW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.71. With this latest performance, NOW shares dropped by -6.35% in over the last four-week period, additionally plugging by 26.78% over the last 6 months – not to mention a rise of 28.65% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NOW stock in for the last two-week period is set at 38.56, with the RSI for the last a single of trading hit 33.32, and the three-weeks RSI is set at 42.28 for ServiceNow Inc [NOW]. The present Moving Average for the last 50 days of trading for this stock 1,080.21, while it was recorded at 1,118.47 for the last single week of trading, and 882.32 for the last 200 days.
ServiceNow Inc [NOW]: An insightful look at the core fundamentals
ServiceNow Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.06 and a Current Ratio set at 1.04.
Earnings per share (EPS) analysis for ServiceNow Inc [NOW] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NOW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for ServiceNow Inc go to 18.84%.
ServiceNow Inc [NOW]: Institutional Ownership
There are presently around $92.06%, or 92.22%% of NOW stock, in the hands of institutional investors. The top three institutional holders of NOW stocks are: VANGUARD GROUP INC with ownership of 18.79 million shares, which is approximately 9.1594%. BLACKROCK INC., holding 17.06 million shares of the stock with an approximate value of $$13.42 billion in NOW stocks shares; and BLACKROCK INC., currently with $$6.96 billion in NOW stock with ownership which is approximately 4.3155%.
