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Added to YB: 2026-04-27

Pitch date: 2026-04-23

NOW [neutral]

ServiceNow, Inc.

+5.44%

current return

Author Info

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

$93.0B

Pitch Price

$85.78

Price Target

N/A

Dividend

N/A

EV/EBITDA

28.78

P/E

53.68

EV/Sales

6.27

Sector

Software

Category

growth

Show full summary:
ServiceNow (NOW) - Q1 2026 Results

NOW (earnings): Q1 rev $3.671B beat, cRPO $12.64B +100bps vs guide in cc, 32% op margin beat. 97% renewal, new logo ACV +50% YoY, AI target raised to $1.5B from $1.0B. Stock -12% AH: FY26 guide raise includes 125bps Armis, no organic raise; op margin cut to 31.5% from 32%, FCF margin to 35% from 36%. Trades 5.5x FY26 sub rev post-drop vs 6.4x at close. Demand strong but margin debate harder.

Read full article (12 min)