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 Inc（紐約證券交易所代碼：NOW）週三公佈的第二季度財務業績強於預期。
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.
根據Benzinga Pro的數據，ServiceNow公佈的第二季度收入爲26.27億美元，超過了市場普遍預期的26.07億美元。根據Benzinga Pro的數據，該公司公佈的季度每股收益爲3.13美元，超過了分析師預期的每股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董事長兼首席執行官比爾·麥克德莫特表示：“ServiceNow的精英級執行力反映在我們在所有收入增長和盈利能力指標上的持續跑贏大盤上。”“隨着首席執行官們正在尋找增長、簡化和數字化的新載體，我們作爲業務轉型人工智能平台的相關性比以往任何時候都更加強大。ServiceNow打算以GenAI爲核心重塑每個公司、每個行業的每個工作流程。”
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，預計第三季度訂閱收入爲26.6億美元至26.65億美元，同比增長20％至20.5％。該公司還預計第三季度營業利潤率爲29.5％。ServiceNow預計，2024年全年訂閱收入在105.75億美元至105.85億美元之間。
ServiceNow shares gained 15.5% to trade at $843.97 on Thursday.
週四，ServiceNow股價上漲15.5％，交易價格爲843.97美元。
These analysts made changes to their price targets on ServiceNow following the announcement.
宣佈後，這些分析師更改了ServiceNow的目標股價。
- 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.
- 貝爾德分析師羅布·奧利弗維持了ServiceNow的跑贏大盤評級，同時將目標股價從885美元上調至900美元。
- 派珀·桑德勒分析師羅布·歐文斯維持該股的增持評級，同時將目標股價從830美元上調至850美元。
- Canaccord Genuity分析師戴維·海因斯維持ServiceNow的買入評級，同時將目標股價從835美元上調至850美元。
- Stifel分析師布拉德·雷巴克維持該股的買入評級，同時將目標股價從820美元上調至900美元。
- 摩根大通分析師馬克·墨菲維持該股增持評級，同時將目標股價從780美元上調至820美元。
- Truist Securities分析師喬爾·菲什貝因維持ServiceNow的持有評級，並將目標股價從750美元上調至780美元。
- BMO Capital分析師基思·巴赫曼維持了ServiceNow的跑贏大盤評級，同時將目標股價從830美元上調至860美元。
- 加拿大皇家銀行資本分析師馬修·赫德伯格將該股維持在跑贏大盤的評級，並將目標股價從850美元上調至880美元。
- 德意志銀行分析師布拉德·澤爾尼克維持ServiceNow的買入評級，並將目標股價從875美元上調至900美元。
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