UBS raised its price target for enterprise software company ServiceNow to $150, citing stable third-quarter demand and growing interest in AI and security products. Despite a challenging applications spending environment, ServiceNow's growth is driven by renewals and expansion among existing customers, with increased demand for premium tiers and usage-based pricing. UBS remains neutral on the stock due to slowing organic growth and no clear AI-driven uplift yet but acknowledges potential growth from ServiceNow's AI suite and security capabilities in 2026 and 2027. Shares have risen 47% since Q2 results, trading at about 20 times UBS's 2027 free cash flow estimate.
As of Oct 07, 2026 02:21 WIB, ServiceNow (NOW) trades at USD 137.31 on Pluang, showing a modest 0.90% increase in the past day. The stock's market capitalization stands at $140.69 billion, with a high volume of 7,099,373 shares traded. Notably, Pluang users currently favor selling, with 88% of order activity on the platform being sell orders.
ServiceNow's AI business is rapidly expanding, surpassing $1 billion in annual contract value, while its stock trades near a 52-week low at $135.85. Despite a 26% decline over the past year, the company reported strong revenue growth of 24% and raise...
ServiceNow's stock has dropped 25% over the past year amid sector-wide software selloffs and profit declines due to acquisitions and rising costs. However, Bernstein analyst Peter Weed projects an 82% price surge to $248, driven by strong growth in g...
ServiceNow has surpassed $1 billion in annual AI contract value, yet its stock price is down over 12% this year and trading near multi-year lows. Despite a 24.5% rise in subscription revenue and strong analyst bullishness, the stock faces pressure fr...
In 2026, major non-cybersecurity companies like Alphabet, ServiceNow, Visa, and Accenture have become the biggest buyers in cybersecurity, acquiring firms to enhance their core services rather than sell security products. Alphabet's $32 billion purch...
ServiceNow is rated a 'Strong Buy' due to its key role in enterprise AI adoption and its integrated workflow platform. The company's hybrid pricing model, especially AI-driven 'assist packs,' is driving rapid growth in annual contract value, expected...
