Now Stock Target Price and Analyst Consensus

DNOW Stock  USD 14.71  0.06  0.41%   
The current analyst and expert consensus on Now is Strong Buy, with 2 strong buy opinions. The current projected Now target price consensus is 13.67 with 3 analyst opinions. Check out Macroaxis Advice on Now to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Now Inc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Now executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Now. We encourage you to use your own analysis of Now Inc to validate this buy or sell advice. Now buy-or-sell recommendation module provides average expert sentiment on the projected Now Inc target price to derive its highest and lowest estimates based on projected price volatility of 2.4024.
Lowest Forecast
12.44
Highest Forecast
15.17
Target Price
13.67
At this time, Now's Pretax Profit Margin is fairly stable compared to the past year. Operating Profit Margin is likely to climb to 0.06 in 2024, whereas Gross Profit is likely to drop slightly above 432.1 M in 2024. At this time, Now's Short and Long Term Debt Total is fairly stable compared to the past year.
  
It's important to approach Now'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.
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 Now price targets

Now's stock target price is an estimate of its future price, usually made by analysts. Using Now's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Now'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 Now'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.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Now 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 Now is a key component of Now valuation and have some predictive power on the future returns of a Now.
Hype
Prediction
LowEstimatedHigh
12.2614.6517.04
Details
Intrinsic
Valuation
LowRealHigh
11.4313.8216.21
Details
Naive
Forecast
LowNextHigh
12.0914.4716.86
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.200.200.20
Details

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Additional Tools for Now Stock Analysis

When running Now's price analysis, check to measure Now'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 Now is operating at the current time. Most of Now's value examination focuses on studying past and present price action to predict the probability of Now's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Now's price. Additionally, you may evaluate how the addition of Now to your portfolios can decrease your overall portfolio volatility.