Argus raises target for ServiceNow stock to USD 170.00
Published on 10/09/2026 at 16:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Argus raised its ServiceNow price target from USD 134.00 to USD 170.00 on October 7, 2026.
- Second-quarter 2026 revenue reached USD 3.99 billion, up 24.00 percent year over year.
- ServiceNow stock was at EUR 125.08 at Lang & Schwarz on October 9, 2026, plus 0.67 percent versus EUR 124.25.
- ServiceNow will report third-quarter 2026 results on October 28, 2026, after the NYSE close.
ServiceNow stock (ISIN US81762P1021) was trading at EUR 125.08 at Lang & Schwarz on October 9, 2026 at 3:46 p.m. CEST, plus 0.67 percent versus the prior close of EUR 124.25. On October 7, 2026, Argus raised its ServiceNow price target from USD 134.00 to USD 170.00 and kept a Buy rating, as Markets Insider reported.
Three milestones shape the story
On July 22, 2026, ServiceNow reported second-quarter revenue of USD 3.99 billion, up 24.00 percent year over year, according to MarketBeat. On September 11, 2026, Needham raised its target from USD 115.00 to USD 155.00 and retained a Buy rating, the same MarketBeat report said. On October 7, 2026, Argus followed with its USD 134.00 to USD 170.00 target increase, according to Markets Insider.
What does the target increase mean?
Argus lifted its target by 26.87 percent from USD 134.00 to USD 170.00, a larger revision than Needham's earlier move to USD 155.00. The comparison matters because ServiceNow's second-quarter revenue growth reached 24.00 percent, while the stock's current Lang & Schwarz quote remains below its USD 192.97 52-week high and above its USD 81.24 low. The primary-exchange context was USD 140.17 on the NYSE at 9:59 a.m. EDT on October 9, 2026, while the market capitalization stood at USD 144.9 billion.
Next results arrive October 28
ServiceNow will release results for the third quarter ended September 30, 2026, after the market close on October 28, 2026. The date and the 2:00 p.m. Pacific Daylight Time conference call were announced by the company and carried by Morningstar.
ServiceNow stock holds a narrow daily gain
At Lang & Schwarz, ServiceNow stock was trading at EUR 125.08 on October 9, 2026 at 3:46 p.m. CEST, plus 0.67 percent versus the prior close of EUR 124.25. On the NYSE, the stock was last at USD 140.17 at 9:59 a.m. EDT on October 9, 2026. The further course of trading is shown by the continuously updated real-time quote of ServiceNow stock.
ServiceNow market data
- Company: ServiceNow, Inc.
- ISIN: US81762P1021
- Ticker: NOW
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 9, 2026, 3:46 p.m. CEST): EUR 125.08
- Change versus prior close: plus 0.67 percent
- Prior close Lang & Schwarz (October 8, 2026): EUR 124.25
- Market capitalization: USD 144.9 billion (as of October 9, 2026)
- 52-week range: USD 81.24-192.97 (as of October 9, 2026)
- Sector / Industry: Information Technology / enterprise software
- Next earnings date: October 28, 2026
More news and analyses on ServiceNow stock are available in the ServiceNow stock topic.
Market context: Market report S&P 500.
