ServiceNow (NOW)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-10-30
$105.12-4.15%
Close 2026-10-30 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-10-30
Research Workspace
Put NOW beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Systems Software: fringe margins under pressure (2q confirmed)
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue is growing steadily — about 22% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is highly volatile — it swings about 2% on a typical day and fell roughly 56% in its worst 12-month stretch.
View RiskServiceNow’s AI-driven workflow platform must sustain subscription growth to support its valuation. Revenue growth slowed to 20.5% from 24.0%, despite the latest earnings beat. NOW trades at 39× earnings versus the 46× peer median. The price reflects less growth than our forecast. A 27% single-session drop flags repricing risk, amid sector concerns about AI disruption. The 17% next-quarter miss probability adds a specific earnings risk. Peer multiples imply a price about 17% above where it trades. Our read remains intact, and this read is provisional.
Trailing returns as of 2026-10-30. NOW is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 50 analysts currently covering NOW (as of Oct 2026).
Based on 23 Wall Street analysts offering 12-month price targets for NOW in the last 4 months.
Continue this research
Compare NOW with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Compare now without an account. Saving and monitoring require an account.
| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| NOW Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 11 valuation methods, at three horizons. As of 2026-10-30. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Systems Software — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put NOW next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Threatens: Maintain margin expansion and capital-efficient growth
Results disappointed lofty expectations, raising concerns about execution and valuation.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
Current $105.12
The last 12 months of price, then the range of analyst 12-month targets from today’s $105.12.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Maintain margin expansion and capital-efficient growth
Higher free-cash-flow margin goal and AI ACV target support growth and efficiency.
Threatens: Maintain margin expansion and capital-efficient growth
Margin compression tempers otherwise steady growth and capital-efficiency progress.
Threatens: Grow subscription revenue through AI and platform expansion
Sales miss and weak next-quarter outlook challenge subscription growth expectations.
Threatens: Grow subscription revenue through AI and platform expansion
Quarterly outlook reignites concern that AI could pressure software growth.
Clarifies M&A strategy, aligns with disciplined capital allocation.
Advances: Enhance AI-driven workflow and platform innovation
Increased price target reflects positive outlook on AI-driven innovation.
Advances: Increase subscription revenue growth
India's growth potential supports subscription revenue objectives.
