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Added to YB: 2026-09-17

Pitch date: 2026-07-21

NOW [bullish]

ServiceNow, Inc.

Author Info

Sustainable Growth Advisers is a global equities firm focused on companies with predictable, above-average long-term earnings and free cash-flow growth. Sign up for the newsletter.

Company Info

ServiceNow, Inc. provides cloud-based solution for digital workflows in the North America, Brazil, Europe, the Middle East and Africa, Asia Pacific, and internationally.

Market Cap

$147.2B

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

48.71

P/E

88.94

EV/Sales

10.11

Sector

Software

Category

N/A

Show full summary:
SGA U.S. Large Cap Growth Portfolio Holding: ServiceNow, Inc.

NOW (hold): ServiceNow engagement focused on recent acquisitions, executive compensation and shareholder rights. Management characterized the clustered transactions as an unusual convergence rather than a more aggressive acquisition strategy. The lack of timely communication contributed to investor uncertainty and undermined confidence. The company was urged to improve acquisition disclosure and weight PSUs more heavily than RSUs in senior executive pay; the shareholder proposal permitting action by written consent was supported despite management’s opposition.

Read full article (1 min)