Evercore ISI lifts target for ServiceNow stock to USD 175.00

Published on 10/14/2026 at 14:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ServiceNow reports on October 28, 2026 after the close. ServiceNow stock costs EUR 124.73 on October 14, 2026 with bid EUR 124.50.

Analyst targets and reporting date

Evercore ISI raised its ServiceNow target to USD 175.00 on October 13, 2026.
ServiceNow is scheduled to report results on October 28, 2026 after the close.
ServiceNow stock costs EUR 124.73 at Lang & Schwarz on October 14, 2026 at 2:09 p.m. CEST.
ServiceNow has a market capitalization of USD 143.3 billion and a P/E ratio of 86.63 as of October 13, 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.

Evercore ISI analyst Kirk Materne raised the firm's ServiceNow target from USD 160.00 to USD 175.00 and kept an Outperform rating on October 13, 2026, according to Markets Insider. ServiceNow stock was trading at EUR 124.73 at Lang & Schwarz on October 14, 2026 at 2:09 p.m. CEST.

Results date sets the next marker

ServiceNow is scheduled to report its next results on October 28, 2026 after the US market close, according to Gekko. The same calendar entry lists a consensus revenue estimate of USD 4.09 billion for that report, giving investors a concrete benchmark for the enterprise software provider's next update.

Price stays below the US quote

The Lang & Schwarz quote carried a bid of EUR 124.50 and an ask of EUR 124.95 on October 14, 2026. The latest US listing quote was USD 138.61 at 4:00 p.m. ET on October 13, 2026, while the 52-week range stood at USD 81.24 to USD 192.97.

ServiceNow's market capitalization was USD 143.3 billion and its P/E ratio was 86.63 as of October 13, 2026. The figures place the company among the larger listed enterprise software businesses, while the valuation remains tied to expectations for continued subscription and workflow automation growth.

Comparison with peers

ServiceNow (NYSE, USD): P/E 86.63, market capitalization USD 143.3 billion.

Salesforce (NYSE, USD): daily change plus 1.75 percent, P/E 21.72, market capitalization USD 194.9 billion.

Workday (Nasdaq, USD): daily change minus 1.18 percent, P/E 37.73, market capitalization USD 48.7 billion.

Market position and company profile

ServiceNow develops cloud-based software for automating IT, security, customer service and other enterprise workflows. Its business combines workflow management with artificial intelligence and machine learning tools, creating a model in which recurring subscription revenue and customer expansion remain central to the investment case.

ServiceNow is listed on the NYSE under ticker NOW and ISIN US81762P1021, according to Gekko. The company's next scheduled reporting date is October 28, 2026.

Price and valuation remain distinct

The euro quote and the US listing use different trading currencies, so the Lang & Schwarz price is the relevant German-market reference while the USD figures describe the NYSE listing separately. The further course of trading is shown by the continuously updated real-time quote of ServiceNow stock.