Added to YB: 2026-04-07
Pitch date: 2026-04-01
NOW [neutral]
ServiceNow, Inc.
+0.62%
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
$106.7B
Pitch Price
$101.79
Price Target
130.30 (+27%)
Dividend
N/A
EV/EBITDA
34.33
P/E
61.08
EV/Sales
7.46
Sector
Software
Category
growth
ServiceNow: Compelling, but not yet.
NOW (watchlist): Workflow orchestration layer for 85% Fortune 500, trading at 40x 2026 P/E (cheapest ever). Sticky due to CMDB integration & switching costs. Land-and-expand: 603 customers >$5M ACV (+42% YoY), >$20M ACV +30%. NOW Assist drives 90% auto-resolution, 30% faster ticket close. AI lowers platform deployment friction. Conservative 18-19% rev growth vs 20% historical CAGR. PT $130 (24% upside) at 34.5x avg FY26-28E PE. CEO bought $3M stock, 4 execs cancelled sales plans. Risks: retention slip, SaaS disruption from AI labs like Anthropic
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