ServiceNow Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 105 out of 482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 193.28.In the medium term, the stock price is expected to trend down.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of ServiceNow Inc is 8.45, ranking 83 out of 482 in the Software & IT Services industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 3.57B, representing a year-over-year increase of 20.66%, while its net profit experienced a year-over-year increase of 4.43%.
Key Metrics
The current valuation score of ServiceNow Inc is 4.25, ranking 469 out of 482 in the Software & IT Services industry. Its current P/E ratio is 59.75, which is 409.60% below the recent high of 304.48 and 69.46% above the recent low of 18.25.
The current earnings forecast score of ServiceNow Inc is 8.38, ranking 56 out of 482 in the Software & IT Services industry. The average price target is 1155.00, with a high of 1332.00 and a low of 766.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of ServiceNow Inc is 6.28, ranking 379 out of 482 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 132.41 and the support level at 84.00, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of ServiceNow Inc is 10.00, ranking 1 out of 482 in the Software & IT Services industry. The latest institutional shareholding proportion is 90.26%, representing a quarter-over-quarter decrease of 1.12%. The largest institutional shareholder is The Vanguard, holding a total of 101.47M shares, representing 9.70% of shares outstanding, with 3.55% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of ServiceNow Inc is 2.48, ranking 374 out of 482 in the Software & IT Services industry. The company's beta value is 1.00. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. ServiceNow Inc’s latest ESG disclosure leads the Software & IT Services industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
