ServiceNow Analysts Boost Their Forecasts After Better-Than-Expected Q2 Results
ServiceNow Analysts Boost Their Forecasts After Better-Than-Expected Q2 Results
ServiceNow Inc (NYSE:NOW) reported stronger-than-expected financial results for the second quarter on Wednesday.
ServiceNow公司（NYSE：NOW）于周三报告了强于预期的第二季度财报。
ServiceNow reported second-quarter revenue of $2.627 billion, beating the consensus estimate of $2.607 billion, according to Benzinga Pro. The company reported quarterly earnings of $3.13 per share, beating analyst estimates of $2.84 per share, according to data from Benzinga Pro.
据Benzinga Pro称，ServiceNow第二季度收入为262.7百万美元，超过了260.7百万美元的一致预期。根据Benzinga Pro的数据，公司第二季度每股收益为3.13美元，超过了分析师预期的2.84美元。
"ServiceNow's elite-level execution is reflected in our continued outperformance across all topline growth and profitability metrics," said Bill McDermott, chairman and CEO of ServiceNow. "Our relevance as the AI platform for business transformation remains stronger than ever as CEOs are looking for new vectors of growth, simplification, and digitization. ServiceNow intends to reinvent every workflow, in every company, in every industry with GenAI at the core."
ServiceNow的精英执行力可在所有收入增长和盈利能力指标上持续优异的表现中得到体现，"说ServiceNow的董事长兼首席执行官比尔·麦克德莫特，"作为业务转型的人工智能平台，我们的相关性比以往任何时候都更加强大，因为首席执行官正在寻找增长、简化和数字化的新向量。ServiceNow打算以GenAI为核心，在每个公司、每个行业中重新创造每一个工作流程。"
ServiceNow said it expects third-quarter subscription revenue of $2.66 billion to $2.665 billion, representing growth of 20% to 20.5% on a year-over-year basis. The company also guided for a third-quarter operating margin of 29.5%. ServiceNow sees full-year 2024 subscription revenue in the range of $10.575 billion and $10.585 billion.
ServiceNow表示，预计第三季度订阅收入将达到266亿至266.5亿美元，同比增长20%至20.5%。公司还指导第三季度营业利润率为29.5%。ServiceNow认为，2024年全年订阅收入将在1057.5亿美元至1058.5亿美元的区间内。
ServiceNow shares gained 15.5% to trade at $843.97 on Thursday.
周四，ServiceNow股价上涨15.5%，报843.97美元。
These analysts made changes to their price targets on ServiceNow following the announcement.
这些分析师在宣布后对ServiceNow的目标价进行了更改。
- Baird analyst Rob Oliver maintained ServiceNow with an Outperform rating, while raising the price target from $885 to $900.
- Piper Sandler analyst Rob Owens maintained the stock with an Overweight rating, while increasing the price target from $830 to $850.
- Canaccord Genuity analyst David Hynes maintained ServiceNow with a Buy rating, while increasing the price target from $835 to $850.
- Stifel analyst Brad Reback maintained the stock with a Buy rating, while raising the price target from $820 to $900.
- JP Morgan analyst Mark Murphy maintained the stock with an Overweight rating, while boosting the price target from $780 to $820.
- Truist Securities analyst Joel Fishbein maintained ServiceNow with a Hold rating and raised the price target from $750 to $780.
- BMO Capital analyst Keith Bachman maintained ServiceNow with an Outperform rating, while increasing the price target from $830 to $860.
- RBC Capital analyst Matthew Hedberg maintained the stock with an Outperform rating and raised the price target from $850 to $880.
- Deutsche Bank analyst Brad Zelnick maintained ServiceNow with a Buy rating and increased the price target from $875 to $900.
- Baird分析师罗布·奥利弗维持ServiceNow的跑赢市场评级，将其目标价格从885美元上调至900美元。
- Piper Sandler分析师罗伯·欧文斯维持股票的超配评级，将其目标价格从830美元上调至850美元。
- Canaccord Genuity分析师大卫·海恩斯维持ServiceNow的买入评级，将其目标价格从835美元上调至850美元。
- Stifel分析师布拉德·雷巴克维持股票的买入评级，将其目标价格从820美元上调至900美元。
- JP Morgan分析师马克·墨菲维持股票的超配评级，将其目标价格从780美元上调至820美元。
- Truist Securities分析师乔尔·费什拜恩维持ServiceNow的持有评级，将其目标价格从750美元上调至780美元。
- BMO Capital分析师Keith Bachman维持ServiceNow的跑赢市场评级，将其目标价格从830美元上调至860美元。
- RBC Capital分析师马修·赫德伯格维持股票的跑赢市场评级，将其目标价格从850美元上调至880美元。
- 德意志银行分析师布拉德·泽尔尼克维持ServiceNow的买入评级，将其目标价格从875美元上调至900美元。
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