Key Updates for ServiceNow (NOW) Investors Today

Shares of Technology sector company ServiceNow moved -5.0% today, and are now trading at a price of $766.2. The Large-Cap stock's daily volume was 2,011,050 compared to its average volume of 1,371,054. The S&P 500 index returned a 0.0% performance.

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company is based in Santa Clara and has 22,668 full time employees. Its market capitalization is $157,363,683,328.

36 analysts are following ServiceNow and have set target prices ranging from $734.0 to $942.0 per share. On average, they have given the company a rating of buy. At today's prices, NOW is trading -10.8% away from its average analyst target price of $858.96 per share.

Over the last year, NOW's share price has increased by 36.5%, which represents a difference of 10.9% when compared to the S&P 500. The stock's 52 week high is $815.32 per share whereas its 52 week low is $527.24. With average free cash flows of $1.6 Billion that have been growing at an average rate of 28.3% over the last 5 years, ServiceNow is in a position to continue its strong stock performance trend.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 3,398,000 694,000 2,704,000 24.44
2022 2,723,000 550,000 2,173,000 20.79
2021 2,191,000 392,000 1,799,000 31.6
2020 1,786,000 419,000 1,367,000 40.78
2019 1,236,000 265,000 971,000 65.52
2018 811,089 224,462 586,627
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.