Bernstein lifts target to USD 266 for ServiceNow stock

Published on 10/21/2026 at 11:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bernstein lifts target to USD 266 on October 20, 2026. ServiceNow stock costs EUR 132.53 on October 21, 2026 before October 28 results.

AI pricing and earnings calendar

On October 20, 2026, Bernstein raised its ServiceNow target to USD 266.
Second-quarter 2026 revenue reached USD 3.987 billion, up 24.00 percent year over year.
ServiceNow stock trades at EUR 132.53 at 11:50 a.m. CEST at Lang & Schwarz on October 21, 2026.

Isometrische 3D-Grafik zeigt Cloud-Symbole, Server und Dashboards eines Workflow-Prozesses — ServiceNow Inc. (US81762P1021) veranschaulicht ein isometrisches 3D-Diagramm eines neutralen Cloud-Workflow-Prozesses mit Servern und Dashboards, Illustration mit AI erstellt.

ServiceNow stock (ISIN US81762P1021) was trading at EUR 132.53 at Lang & Schwarz on October 21, 2026 at 11:50 a.m. CEST. According to Yahoo Finance, Bernstein raised its ServiceNow price target to USD 266 on October 20, 2026, citing AI product adoption ahead of quarterly results. The target gives investors a clear test for whether higher AI pricing can support growth near 20.00 percent.

Three dates shape the story

ServiceNow announced on October 7, 2026, that it would report third-quarter results for the period ended September 30, 2026, on October 28, while its platform handled more than 100 billion workflows annually, according to ServiceNow. StoneX raised its target from USD 130 to USD 165 on October 19, 2026, according to Investing.com. Bernstein then lifted its target from USD 248 to USD 266 on October 20, 2026, according to Yahoo Finance.

What does AI mean for revenue?

ServiceNow reported USD 3.987 billion of revenue for the second quarter of 2026, a 24.00 percent increase from the second quarter of 2025. Subscription revenue reached USD 3.877 billion, up 24.50 percent year over year, while adjusted full-year 2026 subscription revenue guidance stood at USD 15.760 billion to USD 15.780 billion, according to TickerScout. Bernstein said AI-native products could add 1.00 percent to 2.00 percent or more to fiscal 2027 and fiscal 2028 revenue, according to Yahoo Finance.

Results arrive October 28

ServiceNow will release third-quarter 2026 results after the market close on October 28, 2026, and its conference call will begin at 2:00 p.m. Pacific Daylight Time, according to ServiceNow. That report will show whether the second-quarter growth rate and the AI pricing thesis are carrying into the next period.

Price stays tied to the AI debate

The EUR 132.53 Lang & Schwarz indication on October 21, 2026 places the market's attention on the October 28 results and the conversion of AI adoption into subscription growth. ServiceNow's second-quarter subscription revenue of USD 3.877 billion provides the latest operating benchmark.

ServiceNow was trading at EUR 132.53 at Lang & Schwarz on October 21, 2026 at 11:50 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of ServiceNow stock.