Added to YB: 2024-01-25
Pitch date: 2024-01-25
NOW [bullish]
ServiceNow, Inc.
-32.19%
current return
Author Info
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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
$104.0B
Pitch Price
$153.42
Price Target
910.00 (+770%)
Dividend
N/A
EV/EBITDA
33.39
P/E
59.53
EV/Sales
7.25
Sector
Software
Category
growth
Show full summary:
Goldman Sachs raises $NOW price target to $910
GS reaffirms Buy on $NOW, lifts PT to $910 on strong Q4 & guidance: OPM +29% vs +28% consensus, sub rev $10.57B (+1%). Sees upside from Q1 outlook, sales momentum, budget/rate environment, ramped capacity. AWS launch, Gen-AI SKUs & partnerships support $20B+ LT sub rev at 50%+ efficiency.
Read full article (1 min)