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Added to YB: 2025-11-11

Pitch date: 2025-11-06

NOW [neutral]

ServiceNow, Inc.

+1.61%

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

$178.9B

Pitch Price

$851.34

Price Target

1.5K (+73%)

Dividend

N/A

EV/EBITDA

65.03

P/E

104.23

EV/Sales

13.55

Sector

Software

Category

growth

Show full summary:
ServiceNow 3Q25 Earnings: The Gatekeeper Moment

NOW (earnings): Q3 beat w/ $3.3B revenue (+20.5% CC), but Q4 guide implies 17.5-18% growth deceleration on Federal headwinds. Key shift: Creator Workflows jumped to 23% of net new ACV (from 18%), signaling move to consumption-based model vs seat-based. Gross margins compressed 200bps on AI investments, but FCF margin guided to 34%. Positioning as AI governance layer for enterprise with control plane strategy. Fair value $900-1k.

Read full article (6 min)