NOW
ServiceNow
$93.01
▼ 2.1%Updated Today 7:15 PM ET
▼ Down 51.6% over the last 12 months
Market Cap
$98.02B
P/E
57.35x
Forward P/E (est.)
50.21x
ROE
15.0%
Revenue Growth
21.7%
EPS Growth
14.2%
Profit Margin
12.6%
FCF Yield
10.2%
Debt / Equity
0.12x
ROIC
11.0%
Interest Coverage
67.56x
Current Ratio
0.84x
Dividend Yield
—
Implied Growth (rev. DCF)
4.1%
Rating Score
64/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what NOW's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. NOW trades near $93.01, below its 50-day average ($99.24) and 200-day average ($136.78). Price below both averages is a downtrend — momentum is against buyers for now.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 27 it is oversold — selling has been heavy and a bounce is possible.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. NOW's is $7.50 (~8.1% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month NOW found buyers near $92.45 (support) and sellers near $139.20 (resistance); its 52-week range is $81.24–$211.48. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.1× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
ServiceNow (NOW) is a large-cap company in the Systems Software industry, part of the Information Technology sector of the S&P 500, with a market value around $98.02B.
In its latest reported year it generated about $13.28B in revenue and $1.75B in net profit.
Our model rates NOW Favorable (64/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
22.5%
Revenue moved from $5.90B in 2021 to $13.28B in 2025, a 22.5% compound annual growth rate. The most recent year grew a strong 21.7% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
77.5%
Operating Margin
13.7%
Net Margin
13.2%
ROE
15.0%
ServiceNow keeps about 12.6% of each sales dollar as net profit, with a 77.5% gross margin and 13.7% operating margin. Return on equity is 15.0% and return on invested capital about 11.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$1.48B
Net Debt
-$1.22B
Net cash position
Net Debt / EBITDA
-0.67x
Debt / Equity
0.12x
Leverage: debt-to-equity is 0.1x, and operating profit covers interest about 67.6x, with a current ratio of 0.8x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $1.48B of total debt against $2.70B of cash.
Operating CF
$5.44B
Free Cash Flow
$4.58B
FCF Margin
34.5%
In the latest year ServiceNow produced about $5.44B of operating cash flow and $4.58B of free cash flow after capital spending. That is a free-cash-flow yield of about 10.2% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
57.35x
P/S
8.09x
P/B
11.51x
EV / EBITDA
40.31x
NOW trades at 57.3x trailing earnings (about 50.2x on estimated forward earnings), 8.1x sales, and 11.5x book value. Reverse-engineering today's price implies the market expects roughly 4.1% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How NOW stacks up against its Information Technology peers — valuation, profitability, and growth versus the sector median.
In the Information Technology sector (72 S&P 500 companies), NOW ranks #29 of 72 by our overall rating. It trades at a premium versus the sector on earnings (57.3x P/E vs. 35.6x median) with a lower return on equity (15.0% vs. 25.6%) and faster revenue growth (21.7% vs. 17.4%).
P/E vs sector
57.3x
median 35.6x
ROE vs sector
15.0%
median 25.6%
Growth vs sector
21.7%
median 17.4%
Sector rank
#29
of 72 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Information Technology companies by sub-industry and size. Sector median is across all 72 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$153.85 – $257.92
vs. $93.01 today · expected CAGR 11% – 23%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $16.20B | $19.76B | $24.11B | $29.42B | $35.89B |
| Net income | $2.11B | $2.57B | $3.13B | $3.82B | $4.67B |
| EPS | $2.04 | $2.49 | $3.04 | $3.71 | $4.52 |
| Share price (low) | $69.45 | $84.73 | $103.37 | $126.11 | $153.85 |
| Share price (high) | $116.43 | $142.04 | $173.29 | $211.41 | $257.92 |
| CAGR (low–high) | -25% / 25% | -5% / 24% | 4% / 23% | 8% / 23% | 11% / 23% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for NOW:
- Revenue is growing 21.7% a year, a sign of real demand.
- Healthy free-cash-flow yield (~10.2%) funds buybacks and dividends.
- A conservative balance sheet (debt/equity 0.1x) lowers risk.
- Our model's overall read is Favorable (64/100).
The case against NOW:
- A rich 57.3x earnings multiple prices in a lot of growth.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Valuation risk — at 57.3x earnings, disappointing results could compress the multiple.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: ServiceNow is a large-cap information technology business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 57.3x earnings, which our model scores Favorable (64/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.