Servicenow Stock Today
| NOW Stock | USD 713.91 17.45 2.39% |
Performance0 of 100
| Odds Of DistressLess than 1
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ServiceNow is selling for under 713.91 as of the 19th of April 2024; that is -2.39% down since the beginning of the trading day. The stock's lowest day price was 708.53. ServiceNow has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ServiceNow are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of January 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 29th of June 2012 | Category Technology | Classification Information Technology |
ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. The company was founded in 2004 and is headquartered in Santa Clara, California. Servicenow operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. The company has 205.38 M outstanding shares of which 2.95 M shares are now shorted by investors with about 2.43 days to cover. More on ServiceNow
ServiceNow Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ServiceNow's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ServiceNow or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, ServiceNow's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ServiceNow's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | William McDermott | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 6 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Systems Software, Software - Application, Information Technology, NYSE Composite, Nasdaq CTA Artificial, SP 500 Index, ISE Cloud Computing, ARCA Institutional, Data Storage, Computers, IT, Software, Artificial Intelligence, Disruptive Technologies, Information Technology, Software, Software—Application, Technology, Cloud Computing (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering ServiceNow report their recommendations after researching ServiceNow's financial statements, talking to executives and customers, or listening in on ServiceNow's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering ServiceNow. The ServiceNow consensus assessment is calculated by taking the average forecast from all of the analysts covering ServiceNow. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from ServiceNow's financial statements, ServiceNow is performing exceptionally good at the present time. It has a great chance to report excellent financial results in May. Financial strength of ServiceNow is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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ServiceNow's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ServiceNow's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. ServiceNow's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of ServiceNow's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ServiceNow's financial leverage. It provides some insight into what part of ServiceNow's total assets is financed by creditors.
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ServiceNow (NOW) is traded on New York Stock Exchange in USA. It is located in 2225 Lawson Lane, Santa Clara, CA, United States, 95054 and employs 22,668 people. ServiceNow is listed under Systems Software category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 152.96 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ServiceNow's market, we take the total number of its shares issued and multiply it by ServiceNow's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ServiceNow runs under Software sector within Information Technology industry. The entity has 205.38 M outstanding shares of which 2.95 M shares are now shorted by investors with about 2.43 days to cover.
ServiceNow has about 1.47 B in cash with 3.4 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.55.
Check ServiceNow Probability Of Bankruptcy
Ownership AllocationServiceNow shows a total of 205.38 Million outstanding shares. The majority of ServiceNow outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in ServiceNow to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in ServiceNow. Please pay attention to any change in the institutional holdings of ServiceNow as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check ServiceNow Ownership Details
ServiceNow Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of ServiceNow jumping above the current price in 90 days from now is close to 99%. The ServiceNow probability density function shows the probability of ServiceNow stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1634. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ServiceNow will likely underperform. Additionally, serviceNow has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of ServiceNow to move above the current price in 90 days from now is close to 99 (This ServiceNow probability density function shows the probability of ServiceNow Stock to fall within a particular range of prices over 90 days) .
ServiceNow Stock Institutional Holders
Institutional Holdings refers to the ownership stake in ServiceNow that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ServiceNow's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ServiceNow's value.| Instituion | Recorded On | Shares | |
| Franklin Resources Inc | 2023-12-31 | 3 M | |
| Edgewood Management Llc | 2023-12-31 | 3 M | |
| Bank Of America Corp | 2023-12-31 | 2.9 M | |
| Jennison Associates Llc | 2023-12-31 | 2.5 M | |
| Norges Bank | 2023-12-31 | 2.3 M | |
| Massachusetts Financial Services Company | 2023-12-31 | 2.3 M | |
| Northern Trust Corp | 2023-12-31 | 2.1 M | |
| Wellington Management Company Llp | 2023-12-31 | 2.1 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 2.1 M | |
| Vanguard Group Inc | 2023-12-31 | 18.1 M | |
| Blackrock Inc | 2023-12-31 | 15.8 M |
ServiceNow Historical Income Statement
ServiceNow Income Statement is one of the three primary financial statements used for reporting ServiceNow's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ServiceNow revenue and expense. ServiceNow Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ServiceNow's Cost Of Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 6.6 B in 2024, despite the fact that Income Tax Expense is likely to grow to (686.9 M). View More FundamentalsServiceNow Stock Against Markets
Picking the right benchmark for ServiceNow stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ServiceNow stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ServiceNow is critical whether you are bullish or bearish towards ServiceNow at a given time. Please also check how ServiceNow's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ServiceNow without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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ServiceNow Corporate Directors
ServiceNow corporate directors refer to members of a ServiceNow board of directors. The board of directors generally takes responsibility for the ServiceNow's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ServiceNow's board members must vote for the resolution. The ServiceNow board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jeffrey Miller | Lead Independent Director | Profile | |
| Charles Giancarlo | Director | Profile | |
| Tamar Yehoshua | Independent Director | Profile | |
| Jonathan Chadwick | Independent Director | Profile |
How to buy ServiceNow Stock?
Before investing in ServiceNow, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ServiceNow. To buy ServiceNow stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ServiceNow. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ServiceNow stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ServiceNow stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ServiceNow stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ServiceNow, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.
Already Invested in ServiceNow?
The danger of trading ServiceNow is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ServiceNow is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ServiceNow. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ServiceNow is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ServiceNow is a strong investment it is important to analyze ServiceNow's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ServiceNow's future performance. For an informed investment choice regarding ServiceNow Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ServiceNow. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for ServiceNow Stock analysis
When running ServiceNow's price analysis, check to measure ServiceNow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ServiceNow is operating at the current time. Most of ServiceNow's value examination focuses on studying past and present price action to predict the probability of ServiceNow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServiceNow's price. Additionally, you may evaluate how the addition of ServiceNow to your portfolios can decrease your overall portfolio volatility.
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Is ServiceNow's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ServiceNow. If investors know ServiceNow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ServiceNow listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.927 | Earnings Share 8.42 | Revenue Per Share 43.946 | Quarterly Revenue Growth 0.256 | Return On Assets 0.031 |
The market value of ServiceNow is measured differently than its book value, which is the value of ServiceNow that is recorded on the company's balance sheet. Investors also form their own opinion of ServiceNow's value that differs from its market value or its book value, called intrinsic value, which is ServiceNow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ServiceNow's market value can be influenced by many factors that don't directly affect ServiceNow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ServiceNow's value and its price as these two are different measures arrived at by different means. Investors typically determine if ServiceNow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ServiceNow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.