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Added to YB: 2026-06-19

Pitch date: 2026-06-16

NOW [bullish]

ServiceNow, Inc.

+10.48%

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

$114.4B

Pitch Price

$100.68

Price Target

N/A

Dividend

N/A

EV/EBITDA

37.98

P/E

69.11

EV/Sales

7.88

Sector

Software

Category

growth

Show full summary:
$NOW - a quiet monopoly hiding in plain sight.

NOW: Quiet monopoly running back office for 90% of F500, down ~50% from ATH on AI seat-based fears (market has it backwards—agentic AI is a tailwind). 98% renewal, 120%+ NRR, 22% sub growth at $13B rev, 32% FCF margin, ~20x EV/FCF vs 40-60x history. Risks: pricey Armis ($7.8B)/Moveworks M&A, SBC-adj FCF yield only ~3.9%.

Read full article (3 min)