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Added to YB: 2026-05-01

Pitch date: 2026-04-29

NOW [neutral]

ServiceNow, Inc.

+0.41%

current return

Author Info

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

$93.3B

Pitch Price

$87.95

Price Target

N/A

Dividend

N/A

EV/EBITDA

28.89

P/E

53.87

EV/Sales

6.29

Sector

Software

Category

growth

Show full summary:
ServiceNow, or Service Some Other Time?

NOW (quick overview): Leading enterprise workflow platform, 98% renewal rate, $27.7B backlog. Recently spent $11B acquiring Armis/Veza/Moveworks to close security gaps & triple TAM. Q1 rev $3.77B (+22% YoY), raised FY26 guide to $15.74B. Trades 54x earnings, 8x book despite 15% ROE. True FCF margin 14.5% after SBC dilution offset. CEO bought $3M personally, 5 execs halted sales plans. Risk: expensive at 49x true FCF, M&A integration uncertain, margins pressured

Read full article (12 min)