Added to YB: 2026-05-12
Pitch date: 2026-05-10
NOW [bullish]
ServiceNow, Inc.
+0.49%
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
$94.0B
Pitch Price
$91.04
Price Target
N/A
Dividend
N/A
EV/EBITDA
29.12
P/E
54.28
EV/Sales
6.34
Sector
Software
Category
growth
ServiceNow: Las Vegas Delivered. The Market Has Not Caught Up.
NOW: FAD in Las Vegas set $30B+ rev target by 2030 (18.5% CAGR), Rule of 60 by 2030 vs 55.4 today. AI ACV $750M in Q1, targeting $1.5B FY26 & ~$9B (30% of ACV) by 2030; existing customers expand 3x at renewal, 4.5x by yr 5. Autonomous workforce 6.5x value capture vs traditional licenses, 80% customer cost savings. Security & Risk >$1B ACV +40% YoY, CRM ~$2B. Stock at $91 trades 16x FCF despite 20% rev growth, 97% retention, $27.7B backlog. Risks: Q2 cRPO key metric, budget tightness, CMDB data quality bottleneck, 70% need remediation before AI works.
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