Added to YB: 2025-09-26
Pitch date: 2025-09-24
NOW [neutral]
ServiceNow, Inc.
-6.73%
current return
Author Info
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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
$178.9B
Pitch Price
$927.45
Price Target
N/A
Dividend
N/A
EV/EBITDA
65.03
P/E
104.23
EV/Sales
13.55
Sector
Software
Category
growth
ServiceNow’s Growth Accelerates, but Can AI Investments Keep Margins Intact?
NOW (update): Q2 rev +22.4% YoY, RPO +28.5%, cRPO +24.4%. 528 customers >$5M ACV (+20 YoY), avg ACV $14.5M. 98% renewal rate, +468% net new ARR YoY. Gross margin slipped 82.6%→81.0% on AI/data center investments but op margin rose to 29.7%. 6th consecutive Gartner leader. $275B TAM by 2026. Trades 13.3x EV/Sales, premium to CRM peers.
Read full article (12 min)