Why ServiceNow Stock Is Down Monday
Why ServiceNow Stock Is Down Monday
ServiceNow, Inc. (NYSE:NOW) shares are trading lower Monday after Guggenheim analyst John Difucci downgraded the stock from Neutral to Sell and announced a $640 price target.
ServiceNow, Inc. (纽交所: NOW) 股票周一下跌，受Guggenheim分析师John Difucci将该股票评级由中立下调为卖出，并宣布股票价格目标为640美元的影响。
The Details
细节
According to a MarketWatch report, the Guggenheim analyst sees an "unfavorable" setup for ServiceNow through the second half of 2024 and does not see growth in ServiceNow's subscription business. Difucci said the company will have to lower top-line subscription guidance for 2024 and the company's 2025 estimates are too high.
根据MarketWatch的报道，Guggenheim分析师认为，ServiceNow在2024年下半年存在“不利”的形势，并且Subscription业务没有增长。Difucci表示，公司必须下调2024年Subscription业务的营业收入指导，并且公司2025年的估计太高了。
On the other hand, Needham analyst Mike Cikos reiterated ServiceNow with a Buy and a $900 price target on Monday. The analyst noted ServiceNow surpassed quarterly cRPO and Subscription Revenue guidance in the past five quarters.
另一方面，Needham分析师Mike Cikos于周一重申ServiceNow股票评级为买入，并设置股票价格目标为900美元。分析师指出，在过去的五个季度中，ServiceNow的cRPO和Subscription营收指导已超额实现。
ServiceNow shares moved lower on above-average trading volume Monday, though the stock remains up nearly 10% over the past month.
周一，ServiceNow的股票交易量略高，股票价格下跌，尽管在过去一个月中，该股票仍有将近10%的上涨。
According to data from Benzinga Pro, ServiceNow shares are trading above the stock's 50-day moving average of $731.39 and below its 52-week high of $815.32.
根据Benzinga Pro的数据，ServiceNow股票交易价格高于50日移动平均价格731.39美元，低于52周高点815.32美元。
ServiceNow Stock Prediction 2024
ServiceNow股票预测2024年
When buying a stock for a longer time horizon, investors need to assess where they think the stock is headed in the future.
当投资者用更长的时间视角购买股票时，他们需要评估股票未来的走势。
When mapping a stock's future trajectory, investors should consider factors including the future earnings expectations and expected performance against a benchmark.
在规划股票未来发展方向时，投资者应该考虑的因素包括未来的盈利预期和预期表现相对于基准指数。
ServiceNow's revenue has grown at an average rate of 26.41% annually over the past five years. The average 1-year price target from analysts is $867.80, representing an expected 13.68% upside in 2025.
过去五年中，ServiceNow的营业收入年均增长率为26.41%。分析师的平均一年价格目标为867.80美元，代表了2025年预计的13.68%的上涨。
While past performance is not a guarantee for future results, investors should also look at a stock's historical performance when compared to a benchmark index and the company's peers.
尽管过去的表现不能保证未来的结果，但在与基准指数和公司同行比较时，投资者也应查看股票的历史表现。
Shares of ServiceNow have seen an annualized return of 12.9%, outperforming the S&P500 index by 4.08%. This compares to 29.74% growth in the overall Information Technology sector. ServiceNow has a beta of 1.31.
ServiceNow股票的年化回报为12.9％，优于S&P500指数4.08％。与整个信息技术板块的29.74%增长相比。ServiceNow具有1.31的beta值。
NOW Price Action: According to Benzinga Pro, ServiceNow shares closed Monday's session down 5% at $766.20.
根据Benzinga Pro的数据，ServiceNow股票收盘价为766.20美元，周一收盘下跌5%。
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Photo: Shutterstock
Photo: shutterstock