Added to YB: 2024-06-06
Pitch date: 2024-04-30
NOW [bullish]
ServiceNow, Inc.
+10.31%
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
$178.9B
Pitch Price
$693.71
Price Target
N/A
Dividend
N/A
EV/EBITDA
65.03
P/E
104.23
EV/Sales
13.55
Sector
Software
Category
growth
Lakehouse Capital Global Growth Fund Portfolio Holding: ServiceNow, Inc.
NOW: Strong Q1 - subscription rev +25% YoY to $2.5B, FCF +47% to $1.2B. Core metrics shine: RPO +26% to $17.7B (~2x '23 rev), 98% renewal rate. Broad-based growth across segments, products & geos. 1,933 $1M+ ACV customers, validating platform model. High-quality SaaS play with consistent growth at scale, robust FCF & large TAM.
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