ServiceNow Stock Target Price and Analyst Consensus
NOW Stock | USD 996.22 147.41 12.89% |
The prevalent analyst and expert consensus on ServiceNow is Strong Buy with 25 strong buy estimates. The prevailing projected target price is 1,095 with 43 professional opinions. ServiceNow buy-or-sell recommendation and consensus module provides average expert sentiment on the projected ServiceNow target price to derive its highest and lowest estimates based on target price volatility of 1.7807.
Lowest Forecast 996.62 | Highest Forecast 1.2 K | Target Price 1.1 K |
ServiceNow |
It's important to approach ServiceNow's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
ServiceNow Target Price Consensus
ServiceNow target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. ServiceNow's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
43 | Strong Buy |
Most ServiceNow analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand ServiceNow stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of ServiceNow, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationServiceNow Target Price Projection
ServiceNow's current and average target prices are 996.22 and 1,095, respectively. The current price of ServiceNow is the price at which ServiceNow is currently trading. On the other hand, ServiceNow's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
ServiceNow Market Quote on 30th of January 2025
Target Price
Analyst Consensus On ServiceNow Target Price
ServiceNow Analyst Ratings
ServiceNow's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about ServiceNow stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of ServiceNow's financials, market performance, and future outlook by experienced professionals. ServiceNow's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize ServiceNow price targets
ServiceNow's stock target price is an estimate of its future price, usually made by analysts. Using ServiceNow's target price to determine if it is a suitable investment can be done through the following steps:- Look at ServiceNow's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if ServiceNow's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional ServiceNow Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ServiceNow is a key component of ServiceNow valuation and have some predictive power on the future returns of a ServiceNow.Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.Investor Favorites Invested over 300 shares | ||
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Additional Tools for ServiceNow Stock Analysis
When running ServiceNow's price analysis, check to measure ServiceNow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ServiceNow is operating at the current time. Most of ServiceNow's value examination focuses on studying past and present price action to predict the probability of ServiceNow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServiceNow's price. Additionally, you may evaluate how the addition of ServiceNow to your portfolios can decrease your overall portfolio volatility.