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Added to YB: 2026-07-16

Pitch date: 2026-07-14

NOW [neutral]

ServiceNow, Inc.

-1.66%

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

$108.1B

Pitch Price

$106.50

Price Target

210.00 (+100%)

Dividend

N/A

EV/EBITDA

33.76

P/E

62.42

EV/Sales

7.35

Sector

Software

Category

growth

Show full summary:
ServiceNow Update: Desperate Pivot or Clear Opportunity?

NOW (overview): Down 60% from peak, 40% YTD. Pivoting to 'system of action'/AI control tower via Action Fabric (headless MCP), Otto, ChatGPT-style UI, <100-day AI deploys, AI bundled in pricing. Q3 rev +22%. Targets $30bn 2030 rev (2x), rule-of-60 = ~30% margin, $7.2bn NOPAT, 12.5x EV. At 25x = 100% upside/16% CAGR; 30x = 21% CAGR. CEO bought $3M Feb (first ever); nearing buybacks. Key risk: execution/high SBC.

Read full article (9 min)