Professional
Added to YB: 2025-05-01
Pitch date: 2025-04-22
NOW [neutral]
ServiceNow, Inc.
-34.61%
current return
Author Info
No bio for this author
Company Info
ServiceNow, Inc. provides cloud-based solution for digital workflows in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally.
Market Cap
$110.8B
Pitch Price
$164.21
Price Target
N/A
Dividend
N/A
EV/EBITDA
35.75
P/E
63.42
EV/Sales
7.77
Sector
Software
Category
growth
The Ithaka Group Portfolio Holding: ServiceNow, Inc.
NOW (holding update): Leading cloud workflow software provider for global enterprises. Stock down as AI Agents shifts to consumption-based model vs expected seat-based, delaying revenue recognition. Started in ITSM, now expanded to IT ops, HR, security & customer support where semi-automated processes previously used.
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