ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. It operates the Now platform that offers workflow automation, artificial intelligence, machine learning, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools. The company also provides information technology (IT) service management applications; IT service management product suite for enterprise's employees, customers, and partners; IT business management product suite to manage IT priorities; IT operations management product that connects a customer's physical and cloud-based IT infrastructure; IT Asset Management to automate IT asset lifecycles; and enterprise development operations product for developers' toolchain. In addition, it offers security incident management, threat enrichment intelligence, vulnerability response management, and security incident intelligence sharing security operation products; governance, risk, and compliance product to create policies and controls; human resources, legal, and workplace service delivery products; safe workplace applications; customer service management product; and field service management applications. Further, it provides App Engine product; IntegrationHub enables application to extend workflows; and professional, training, and customer support services. It serves government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer products. It sells its products through direct sales team and resale partners. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. The company was incorporated in 2004 and is headquartered in Santa Clara, California.
IPO Year: 2012
Exchange: NYSE
Website: servicenow.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/19/2025 | Buy | Redburn Atlantic | |
| 1/17/2025 | $1332.00 | Overweight | Cantor Fitzgerald |
| 12/24/2024 | $1200.00 | Outperform | Raymond James |
| 12/13/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 11/19/2024 | $1230.00 | Sector Outperform | Scotiabank |
| 10/21/2024 | $900.00 → $960.00 | Overweight → Equal-Weight | Morgan Stanley |
| 10/10/2024 | $860.00 → $1025.00 | Outperform | BMO Capital Markets |
| 10/8/2024 | $900.00 → $1055.00 | Buy | UBS |
| 7/8/2024 | $640.00 | Neutral → Sell | Guggenheim |
| 4/25/2024 | $850.00 → $830.00 | Outperform | BMO Capital Markets |
Acquisition strengthens Manufacturing Commercial Operations, accelerating AI-driven quality management and empowering manufacturers with proactive, data-driven insights on the ServiceNow platform ServiceNow (NYSE:NOW), the AI platform for business transformation, today announced the acquisition of the Quality 360 solution from Advania to enhance its strength in the manufacturing industry. Natively built on ServiceNow, Quality 360 will accelerate quality management functionality within the ServiceNow Manufacturing Commercial Operations (MCO) solution and empower manufacturers with proactive, data-driven insights to address end-to-end quality issues, ultimately helping to minimize operation
Subscription revenues of $2,866 million in Q4 2024, representing 21% year-over-year growth, 21% in constant currency Total revenues of $2,957 million in Q4 2024, representing 21% year-over-year growth, 21% in constant currency Current remaining performance obligations of $10.27 billion as of Q4 2024, representing 19% year-over-year growth, 22% in constant currency Remaining performance obligations of $22.3 billion as of Q4 2024, representing 23% year-over-year growth, 26% in constant currency Nearly 500 customers with more than $5 million in ACV, representing 21% year-over-year growth ServiceNow's Board of Directors authorizes additional repurchases of up to $3 billion of co
ServiceNow (NYSE:NOW) today announced that it will release financial results for the fourth quarter and full-year ended December 31, 2024, following the close of market on Wednesday, January 29, 2025. ServiceNow will host a conference call and live webcast to discuss the financial results. Conference Call Details The conference call will begin at 2 p.m. Pacific Time (22:00 GMT) on January 29, 2025. Interested parties may listen to the call by dialing (888) 596-4144 (Passcode: 8135303), or if outside North America, by dialing (646) 968-2525 (Passcode: 8135303). Individuals may access the live teleconference from this webcast (https://events.q4inc.com/attendee/426481593). An audio repla
ServiceNow exceeds guidance across all Q3 2024 topline growth and profitability metrics; raises 2024 subscription revenues guidance Subscription revenues of $2,715 million in Q3 2024, representing 23% year-over-year growth, 22.5% in constant currency Total revenues of $2,797 million in Q3 2024, representing 22% year-over-year growth, 22% in constant currency Current remaining performance obligations of $9.36 billion as of Q3 2024, representing 26% year-over-year growth, 23.5% in constant currency Remaining performance obligations of $19.5 billion as of Q3 2024, representing 36% year-over-year growth, 33% in constant currency 15 transactions over $5 million in net new ACV in Q3 20
ServiceNow (NYSE:NOW) today announced that it will release financial results for the third quarter ended September 30, 2024, following the close of market on Wednesday, October 23, 2024. ServiceNow will host a conference call and live webcast to discuss the financial results. Conference Call Details The conference call will begin at 2 p.m. Pacific Time (21:00 GMT) on October 23, 2024. Interested parties may listen to the call by dialing (888) 330‑2455 (Passcode: 8135305), or if outside North America, by dialing (240) 789‑2717 (Passcode: 8135305). Individuals may access the live teleconference from this webcast: (https://events.q4inc.com/attendee/941960692). An audio replay of the confere
ServiceNow exceeds guidance across all Q2 2024 topline growth and profitability metrics; raises 2024 subscription revenues and operating margin guidance Subscription revenues of $2,542 million in Q2 2024, representing 23% year-over-year growth, 23% in constant currency Total revenues of $2,627 million in Q2 2024, representing 22% year-over-year growth, 22.5% in constant currency Current remaining performance obligations of $8.78 billion as of Q2 2024, representing 22% year-over-year growth, 22.5% in constant currency Remaining performance obligations of $18.6 billion as of Q2 2024, representing 31% year-over-year growth, 31.5% in constant currency 88 transactions over $1 mil
Raytion's industry-leading information retrieval technology will enable unified real-time access to business-critical data across multiple enterprise sources for a more powerful, efficient, and personalized AI search experience, all on a single technology platform ServiceNow (NYSE:NOW), the AI platform for business transformation, today announced it has acquired Raytion to enhance GenAI-powered search and knowledge management capabilities on the Now Platform. Raytion's industry-leading information retrieval technology will enable unified real-time access to business-critical data across multiple enterprise sources for a more powerful, efficient, and personalized AI search experience, all
ServiceNow (NYSE:NOW) today announced that it will release financial results for the second quarter ended June 30, 2024, following the close of market on Wednesday, July 24, 2024. ServiceNow will host a conference call and live webcast to discuss the financial results. Conference Call Details The conference call will begin at 2 p.m. Pacific Time (21:00 GMT) on July 24, 2024. Interested parties may listen to the call by dialing (888) 330‑2455 (Passcode: 8135305), or if outside North America, by dialing (240) 789‑2717 (Passcode: 8135305). Individuals may access the live teleconference from this webcast: (https://events.q4inc.com/attendee/627663058). An audio replay of the conference cal
ServiceNow exceeds guidance across all Q1 2024 topline growth and profitability metrics; raises midpoint of 2024 subscription revenues guidance range Subscription revenues of $2,523 million in Q1 2024, representing 25% year-over-year growth, 24.5% in constant currency Total revenues of $2,603 million in Q1 2024, representing 24% year-over-year growth, 24% in constant currency Current remaining performance obligations of $8.45 billion as of Q1 2024, representing 21% year-over-year growth, 21% in constant currency 8 transactions over $5 million in net new ACV in Q1 2024, up 100% year-over-year ServiceNow (NYSE:NOW), the leading digital workflow company making the world work be
ServiceNow (NYSE:NOW) today announced that it will release financial results for the first quarter ended March 31, 2024, following the close of market on Wednesday, April 24, 2024. ServiceNow will host a conference call and live webcast to discuss the financial results. Conference Call Details The conference call will begin at 2 p.m. Pacific Time (21:00 GMT) on April 24, 2024. Interested parties may listen to the call by dialing (888) 330‑2455 (Passcode: 8135305), or if outside North America, by dialing (240) 789‑2717 (Passcode: 8135305). Individuals may access the live teleconference from this webcast (https://events.q4inc.com/attendee/528191825). An audio replay of the conference ca
New evaluation tools set strategic benchmarks to optimize AI agent deployment for maximum business impact Integration with new NVIDIA Llama Nemotron models with advanced reasoning capabilities provide powerful foundation for enterprise agentic AI NVIDIA GTC – ServiceNow (NYSE:NOW), the AI platform for business transformation, today announced an expansion of its partnership with NVIDIA to advance agentic AI, building on the companies' efforts to redefine enterprise intelligence. Together, ServiceNow and NVIDIA are optimizing AI agent deployment for maximum business impact with evaluation tools and integration of NVIDIA Llama Nemotron reasoning models with the ServiceNow Platform to acceler
Yokohama platform release includes teams of preconfigured AI agents now available for faster deployment, improved productivity, and predictable outcomes on day one Capabilities to build, onboard, and manage the entire AI agent lifecycle now available Advancements in ServiceNow data solutions break down barriers among data sources for more connected AI agents ServiceNow (NYSE:NOW), the AI platform for business transformation, today announced the Yokohama platform release, unleashing new AI agents across CRM, HR, IT, and more, for faster, smarter workflows and maximum, end-to-end business impact. These latest innovations include teams of preconfigured AI agents that deliver productivity an
From development to deployment, ServiceNow Studio accelerates app, AI agent, and workflow innovation Supporting customer demand for ServiceNow CRM solutions, self service portals simplify order management for consumers Service Observability simplifies enterprise-wide workflow management with AI-driven automation ServiceNow (NYSE:NOW), the AI platform for business transformation, today unveiled the Yokohama platform release, advancing automation, governance, and workflow intelligence to help businesses navigate operational complexity. With this release, organizations can accelerate application development, improve workflow performance, and enhance customer experiences—all while maintainin
ServiceNow's agentic AI and automation strengths plus Moveworks' front-end AI assistant and enterprise search technology to accelerate enterprise AI adoption and innovation Together with Moveworks, ServiceNow will drive use of its agentic AI platform across key growth areas including CRM ServiceNow (NYSE:NOW), the AI platform for business transformation, today announced it has signed a definitive agreement to acquire Moveworks. The acquisition will combine ServiceNow's agentic AI and automation strengths with Moveworks' front-end AI assistant and enterprise search technology to unlock new experiences for every employee for every corner of the business. Following closing, together with Mov
NEW YORK, March 7, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 100 are more representative of the mega-cap market space. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P
The ServiceNow Platform brings together all the enterprise processes needed for complete asset management, earning the highest possible scores in the vision, innovation, roadmap, and supporting services and offerings criteria ServiceNow (NYSE:NOW), the AI platform for business transformation, today announced it has been named a Leader in The Forrester Wave™: Software Asset Management Solutions, Q1 2025. The inaugural report recognizes ServiceNow for delivering "a platform that brings together all of the enterprise processes needed for complete asset management." ServiceNow earned the highest possible scores in the vision, innovation, roadmap, and supporting services and offerings criteria.
ServiceNow and DXC expand their strategic partnership to combine DXC's industry-leading software and expertise with ServiceNow's AI-enabled platform ASHBURN, Va. and SANTA CLARA, Calif., March 4, 2025 /PRNewswire/ - DXC Technology (NYSE:DXC), a leading Fortune 500 global technology services provider, today announced new offerings with ServiceNow (NYSE:NOW), the AI platform for business transformation, to modernize the insurance industry. As an Elite partner, DXC is combining its industry-leading solutions and ServiceNow's AI capabilities and workflows to introduce DXC Assure BPM (Business Process Management) powered by ServiceNow.
First use cases put AI agents to work to autonomously solve some of the most common, labor-intensive workflows in customer service and network operations Built on NVIDIA AI, ServiceNow's intelligent platform and industry-specific AI agents deliver a full-stack agentic AI solution for communications service providers Mobile World Congress: ServiceNow (NYSE:NOW), the AI platform for business transformation, today announced the introduction of AI agents for the telecom industry. The AI agents were built with NVIDIA AI Enterprise software and the AI platform, NVIDIA DGX Cloud. The agents are designed to drive productivity across the entire service lifecycle. The first use cases will put AI
Acquisition strengthens Manufacturing Commercial Operations, accelerating AI-driven quality management and empowering manufacturers with proactive, data-driven insights on the ServiceNow platform ServiceNow (NYSE:NOW), the AI platform for business transformation, today announced the acquisition of the Quality 360 solution from Advania to enhance its strength in the manufacturing industry. Natively built on ServiceNow, Quality 360 will accelerate quality management functionality within the ServiceNow Manufacturing Commercial Operations (MCO) solution and empower manufacturers with proactive, data-driven insights to address end-to-end quality issues, ultimately helping to minimize operation
ALPHARETTA, Ga., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Advance Solutions is proud to collaborate with ServiceNow.org as part of the 2025 Partnership for Good Grant initiative. Now in its second cohort, this transformative program will provide four nonprofit organizations with technology donations, expert-led implementation, consulting services, and monetary grants, totaling up to $2 million in investment from ServiceNow and its partners. The Partnership for Good Grant is designed to help nonprofits streamline operations, maximize resources, and expand their reach. Grant recipients will receive a free ServiceNow instance, software, licenses, and services valued at up to $250,000 over three yea
NEW YORK, March 7, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 100 are more representative of the mega-cap market space. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P
Industry veteran with track record of driving innovation at scale across multiple enterprise technology companies to accelerate next chapter of growth Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced the appointment of Chirantan "CJ" Desai as President of Product & Engineering to further accelerate the company's next phase of growth to $5 billion in annual recurring revenue and beyond. Desai's 25+ years of experience spans product innovation, go-to-market strategies, and operational efficiency—all key in building high-performing teams and driving sustained business growth at scale. Desai most recently served as President and Chief Operating Officer at S
HOUSTON, TEXAS, Aug. 12, 2024 (GLOBE NEWSWIRE) -- August 12, 2024 – Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced the appointment of Manish H. Shah and Amit Singhi to its Board of Directors effective August 12, 2024. George Wilson, President and Chief Executive Officer, commented, "Manish and Amit are both proven, forward-thinking leaders, and we're looking forward to the insights they'll bring to Quanex as we continuously strengthen our focus on profitable growth across all areas of the Company. We're confident in the value of their unique perspectives, and our leadership team is looking forward to their contributions." Mr. Shah is the C
Customer and employee service avatars demoed for ServiceNow Now Assist, powered by NVIDIA speech, LLM, and animation generative AI technology, highlight the potential for even more engaging, personal, employee and customer experiences Knowledge 2024 — Today at ServiceNow's annual customer and partner event, Knowledge 24, ServiceNow (NYSE:NOW), the AI platform for business transformation, showcased AI avatars of the future together with NVIDIA, leveraging NVIDIA's Avatar Cloud Engine (ACE) speech, large language model (LLM), and animation technologies that bring digital characters to life using generative AI. The AI avatars were revealed on stage at Knowledge 24 during ServiceNow President
MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today that Chirantan "CJ" Desai, the President and Chief Operating Officer of ServiceNow, Inc. ("ServiceNow"), has been appointed to serve as an independent director on MSCI's Board of Directors (the "Board"), effective today. Mr. Desai will serve as a member of the Strategy and Finance Committee of the Board. Following the appointment of Mr. Desai, the Board will be comprised of 13 directors. "As MSCI actively invests in further accelerating our technology-driven and AI-powered approaches to servicing our clients, CJ will bring extensive expertise in th
Acquisition strengthens ServiceNow's process mining solutions, bolstering automation and AI capabilities to help customers uncover bottlenecks and drive operational efficiencies ServiceNow (NYSE:NOW), the leading digital workflow company making the world work better for everyone, today announced it has signed an agreement to acquire task mining company UltimateSuite to enhance process mining and intelligent automation across the Now Platform. Through this acquisition, ServiceNow continues to bolster its automation and artificial intelligence (AI) capabilities to help customers identify process bottlenecks and drive stronger operational efficiencies. This press release features multimedia
PROS Holdings, Inc. (NYSE:PRO), a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, today announced the appointment of Cynthia M. Johnson to its board of directors effective November 9, 2023. Johnson joins the board as an independent director. A seasoned sales leader with over 25 years of industry experience, Johnson has served as Senior Vice President, Global Solution Sales for ServiceNow (NYSE:NOW), a global, digital workflow company, since 2021. At ServiceNow, Johnson leads the global Solution Sales teams, a worldwide team of specialist sellers that delivers workflow and platform solutions through the full selling journey. Her
ServiceNow (NYSE:NOW), the leading digital workflow company making the world work better for everyone, today announced the appointment of Netflix Vice President of Engineering Deborah Black to its board of directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230426005725/en/Deborah Black, vice president of engineering for Netflix and ServiceNow board member (Photo: Business Wire) "Deborah's exceptional business and technology experience make her a great addition to ServiceNow's board," said ServiceNow Chairman & CEO Bill McDermott. "Her expertise will be instrumental in contributing to the pace of innovation on our path to
SANTA CLARA, Calif., March 07, 2023 (GLOBE NEWSWIRE) -- Baffle, Inc., a data security platform, today announced the appointment of Sushant Rao as senior vice president of marketing. Rao brings extensive experience in executing go-to-market strategies for leading-edge B2B technology companies on a global scale. Working closely with the CEO, he will be instrumental in evangelizing Baffle's data-centric security solutions to support the company's product expansion and revenue goals. Rao joins Baffle at a pivotal time for the company, positioned for continued growth. Encryption is difficult for enterprises to adopt because of its historical complexity and the impact on applications that inc
NEW YORK, Sept. 15, 2022 (GLOBE NEWSWIRE) -- NS1, the leader in smart network control solutions, today announced the appointment of Kim Kaminski, a veteran marketing leader with more than 25 years of experience, as chief marketing officer (CMO). Kaminski is chartered with elevating the company's market presence and formulating breakthrough global marketing programs for its portfolio of innovative network infrastructure solutions. Kaminski most recently served as vice president of global marketing at Amplitude (NASDAQ:AMPL), where she led field, partner, and digital marketing to source over 50% of the company's pipeline. She previously led integrated campaigns and sales development teams a
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Redburn Atlantic initiated coverage of ServiceNow with a rating of Buy
Cantor Fitzgerald initiated coverage of ServiceNow with a rating of Overweight and set a new price target of $1,332.00
Raymond James initiated coverage of ServiceNow with a rating of Outperform and set a new price target of $1,200.00
KeyBanc Capital Markets downgraded ServiceNow from Overweight to Sector Weight
Scotiabank initiated coverage of ServiceNow with a rating of Sector Outperform and set a new price target of $1,230.00
Morgan Stanley downgraded ServiceNow from Overweight to Equal-Weight and set a new price target of $960.00 from $900.00 previously
BMO Capital Markets reiterated coverage of ServiceNow with a rating of Outperform and set a new price target of $1,025.00 from $860.00 previously
UBS reiterated coverage of ServiceNow with a rating of Buy and set a new price target of $1,055.00 from $900.00 previously
Guggenheim downgraded ServiceNow from Neutral to Sell and set a new price target of $640.00
BMO Capital Markets reiterated coverage of ServiceNow with a rating of Outperform and set a new price target of $830.00 from $850.00 previously
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