ServiceNow Inc (NYSE: NOW) – Not A Clear Buying Opportunity?

ServiceNow Inc (NOW) concluded trading on Thursday at a closing price of $938.57, with 6.07 million shares of worth about $5.7 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.20% during that period and on April 24, 2025 the price saw a gain of about 15.49%. Currently the company’s common shares owned by public are about 206.98M shares, out of which, 206.31M shares are available for trading.

Stock saw a price change of 17.81% in past 5 days and over the past one month there was a price change of 8.96%. Year-to-date (YTD), NOW shares are showing a performance of -11.47% which increased to 30.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $637.99 but also hit the highest price of $1198.09 during that period. The average intraday trading volume for ServiceNow Inc shares is 2.04 million. The stock is currently trading 18.28% above its 20-day simple moving average (SMA20), while that difference is up 10.10% for SMA50 and it goes to 1.60% higher than SMA200.

ServiceNow Inc (NYSE: NOW) currently have 206.98M outstanding shares and institutions hold larger chunk of about 90.14% of that.

The stock has a current market capitalization of $194.47B and its 3Y-monthly beta is at 0.98. PE ratio of stock for trailing 12 months is 127.41, while it has posted earnings per share of $7.37 in the same period. Its PEG reads 6.51 and has Quick Ratio of 1.06 while making debt-to-equity ratio of 0.24. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NOW, volatility over the week remained 3.76% while standing at 5.07% over the month.

Stock’s fiscal year EPS is expected to rise by 18.98% while it is estimated to increase by 19.76% in next year. EPS is likely to grow at an annualized rate of 19.58% for next 5-years, compared to annual growth of 16.56% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on April 22, 2025 offering an Outperform rating for the stock and assigned a target price range of between $990 and $950 to it. Coverage by BMO Capital Markets stated ServiceNow Inc (NOW) stock as an Outperform in their note to investors on April 04, 2025, suggesting a price target of $990 for the stock. On February 19, 2025, Redburn Atlantic Initiated their recommendations, while on January 17, 2025, Cantor Fitzgerald Initiated their ratings for the stock with a price target of $1332. Stock get an Outperform rating from Raymond James on December 24, 2024.

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