On Oct 18, major Wall Street analysts update their ratings for $ServiceNow (NOW.US)$, with price targets ranging from $980 to $1,068.
Citi analyst Tyler Radke maintains with a buy rating, and adjusts the target price from $915 to $1,068.
Mizuho Securities analyst Gregg Moskowitz maintains with a buy rating, and sets the target price at $980.
Oppenheimer analyst Brian Schwartz maintains with a buy rating, and adjusts the target price from $825 to $1,020.
JMP Securities analyst Patrick Walravens maintains with a buy rating, and adjusts the target price from $850 to $1,000.
Furthermore, according to the comprehensive report, the opinions of $ServiceNow (NOW.US)$'s main analysts recently are as follows:
The firm remains optimistic about ServiceNow, citing confidence in the company's ability to navigate through unpredictable IT budget scenarios with a sturdy core business and potential upsell opportunities from emerging generative artificial intelligence. The firm's recent fieldwork indicates solid performance from the company. Despite the stock's significant gains and the absence of transformational deals noted in its fieldwork, as well as data pointing to a more subdued U.S. federal quarter based on challenging comparisons, the firm expresses a more cautious stance without a short-term positive outlook.
The firm's third-quarter software evaluations were robust, albeit with certain considerations. The demand for cybersecurity remained strong and the adoption of generative artificial intelligence exhibited more promising indications, despite some inconsistent consumption data. More encouragingly, insights from partners suggest a positive outlook for a strong fourth quarter. Several price targets have been revised upwards to mirror elevated comparative multiples and, in some cases, enhanced fundamentals.
ServiceNow demonstrated commendable execution and recorded a robust third quarter. However, the anticipation for the upcoming earnings is less promising as share multiples seem to have already accounted for the positive third quarter results and a significantly successful forecast for the forthcoming twelve months. There is also a lofty expectation for subscription revenue growth by 2025. It is believed that the management's guidance for the fourth quarter may not lead to an increase in growth estimates and might disappoint investors. Despite this, the third quarter earnings report is expected to solidify the prevailing favorable view of the company's business momentum and its solid fundamental growth.
ServiceNow is anticipated to report a slight overperformance compared to consensus estimates for subscriber revenue and remaining performance obligations. It is expected that the company will provide updates on artificial intelligence and the progress of new products. Additionally, there is a keen interest in understanding the potential risks to the Federal business associated with a key partner. A strong report is expected, but the response from the stock may be more subdued compared to the previous quarter, taking into account the current stock valuation. ServiceNow continues to be regarded as a top pick among large-cap companies.
Here are the latest investment ratings and price targets for $ServiceNow (NOW.US)$ from 4 analysts:
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美東時間10月18日,多家華爾街大行更新了$ServiceNow (NOW.US)$的評級,目標價介於980美元至1,068美元。
花旗分析師Tyler Radke維持買入評級,並將目標價從915美元上調至1,068美元。
瑞穗證券分析師Gregg Moskowitz維持買入評級,目標價980美元。
奧本海默控股分析師Brian Schwartz維持買入評級,並將目標價從825美元上調至1,020美元。
JMP Securities分析師Patrick Walravens維持買入評級,並將目標價從850美元上調至1,000美元。
此外,綜合報道,$ServiceNow (NOW.US)$近期主要分析師觀點如下:
該公司對servicenow保持樂觀,認爲公司能夠信懇智能地應對不可預測的IT預算情景,依靠穩固的核心業務和新生代人工智能概念的潛在增值機會。該公司最近的實地考察顯示公司表現穩健。儘管股票獲得了可觀的收益,實地考察並未發現轉變性交易,數據也顯示美國聯邦第四季有所減弱,基於艱難的比較,但公司表達出更爲謹慎的立場,沒有短期的積極展望。
公司第三季度軟件評估強勁,儘管存在一些考慮。網絡安全概念的需求仍然強勁,新生代人工智能的採用呈現更有希望的跡象,儘管一些數據顯示消費不一致。更令人鼓舞的是,合作伙伴的見解顯示強勁的第四季度展望。多個價格目標已上調,以反映提高的比較倍數和在某些情況下增強的基本面。
ServiceNow展現了值得稱讚的執行力,並錄得了強勁的第三季度。然而,對於即將公佈的收益預期不那麼樂觀,因爲股票倍數似乎已經反映了第三季度的積極結果和未來十二個月的明顯成功預測。到2025年,訂閱營收增長預期也非常高。人們認爲,公司對第四季度的指引可能不會導致增長預期上升,可能令投資者失望。儘管如此,第三季度收益報告預計將鞏固對公司業務勢頭良好和基本增長穩健的普遍有利看法。
預期servicenow報告的訂戶收入和剩餘業績義務將略高於共識預期。預計公司將就人工智能和新產品進展提供更新。此外,人們對了解與主要合作伙伴相關的聯邦業務潛在風險有濃厚興趣。預計會有一份強勁的報告,但股票的反應可能會比上個季度更爲減弱,考慮到目前的股票估值。Servicenow繼續被視爲大型企業中的首選。
以下爲今日4位分析師對$ServiceNow (NOW.US)$的最新投資評級及目標價:
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