Added to YB: 2025-04-11
Pitch date: 2025-04-09
NOW [neutral]
ServiceNow, Inc.
-3.22%
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
$179.5B
Pitch Price
$807.09
Price Target
N/A
Dividend
N/A
EV/EBITDA
65.26
P/E
104.62
EV/Sales
13.60
Sector
Software
Category
growth
ServiceNow: Automating Enterprise Workflows with a $275B Market Opportunity
NOW (holding update): Strong growth (21% YoY revenue, 24% RPO), 98% renewal rate, 2,109 $1M+ ACV customers. AI-driven products (RaptorDB, Now Assist) gaining traction. Valuation compressed to 10.97x FWD EV/Sales. Challenges: cRPO growth slowing, federal spending uncertainty. Long-term target $30B+, $15B+ by 2026. Maintain position, monitor Q1 2025.
Read full article (13 min)