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）於週三報告了強於預期的第二季度業績。
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.
據Benzinga Pro稱，ServiceNow第二季度收入爲262.7百萬美元，超過了260.7百萬美元的一致預期。根據Benzinga Pro的數據，公司第二季度每股收益爲3.13美元，超過了分析師預期的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的精英執行力可在所有收入增長和盈利能力指標上持續優異的表現中得到體現，"說ServiceNow的董事長兼首席執行官比爾·麥克德莫特，"作爲業務轉型的人工智能平台，我們的相關性比以往任何時候都更加強大，因爲首席執行官正在尋找增長、簡化和數字化的新向量。ServiceNow打算以GenAI爲核心，在每個公司、每個行業中重新創造每一個工作流程。"
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將達到266億至266.5億美元，同比增長20%至20.5%。公司還指導第三季度營業利潤率爲29.5%。ServiceNow認爲，2024年全年訂閱收入將在1057.5億美元至1058.5億美元的區間內。
ServiceNow shares gained 15.5% to trade at $843.97 on Thursday.
週四，ServiceNow股價上漲15.5%，報843.97美元。
These analysts made changes to their price targets on ServiceNow following the announcement.
這些分析師在宣佈後對ServiceNow的目標價進行了更改。
- 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分析師羅布·奧利弗維持ServiceNow的跑贏市場評級，將其目標價格從885美元上調至900美元。
- Piper Sandler分析師羅伯·歐文斯維持股票的超配評級，將其目標價格從830美元上調至850美元。
- Canaccord Genuity分析師大衛·海恩斯維持ServiceNow的買入評級，將其目標價格從835美元上調至850美元。
- Stifel分析師布拉德·雷巴克維持股票的買入評級，將其目標價格從820美元上調至900美元。
- JP Morgan分析師馬克·墨菲維持股票的超配評級，將其目標價格從780美元上調至820美元。
- Truist Securities分析師喬爾·費什拜恩維持ServiceNow的持有評級，將其目標價格從750美元上調至780美元。
- BMO Capital分析師Keith Bachman維持ServiceNow的跑贏市場評級，將其目標價格從830美元上調至860美元。
- RBC Capital分析師馬修·赫德伯格維持股票的跑贏市場評級，將其目標價格從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，將其目標價格從875美元上調至900美元。
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