Oppenheimer raises target for ServiceNow stock to USD 165.00
Published on 10/13/2026 at 17:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalysts and quarterly revenue
- Oppenheimer lifted its ServiceNow target from USD 140.00 to USD 165.00 on October 13, 2026.
- Second-quarter 2026 revenue rose 24.01 percent to USD 3.99 billion.
- ServiceNow stock costs EUR 126.90 at Lang & Schwarz on October 13, 2026 at 5:09 p.m. CEST.
- ServiceNow is scheduled to report third-quarter 2026 results on October 28, 2026.
Oppenheimer raised its ServiceNow price target from USD 140.00 to USD 165.00 on October 13, 2026, while maintaining an Outperform rating, according to Investing.com. ServiceNow stock was trading at EUR 126.90 at Lang & Schwarz on October 13, 2026 at 5:09 p.m. CEST.
Oppenheimer sets a higher bar
The USD 25.00 target increase gives the analyst view a wider valuation benchmark ahead of the next results release. The new target is also materially above the USD 142.70 primary-market quote for ServiceNow at 11:18 a.m. EDT on October 13, 2026.
That US quote places the company at a market capitalization of USD 147.5 billion and a trailing price-to-earnings ratio of 89.24 on October 13, 2026. The valuation figure makes revenue execution and forward contract momentum central to the next market reaction.
Revenue growth remains the test
ServiceNow reported second-quarter 2026 revenue of USD 3.99 billion, up 24.01 percent year over year, according to Yahoo Finance. The same report said third-quarter subscription-revenue guidance was USD 3.975 billion to USD 3.980 billion, a range that gives investors a concrete growth hurdle.
The comparison matters because the second-quarter revenue growth rate was 24.01 percent, while the cited third-quarter subscription outlook points to 20.50 percent growth. That difference makes the October report an important test of whether demand is holding at the earlier pace.
Stock sits inside yearly range
ServiceNow's primary-market 52-week range was USD 81.24 to USD 192.97 on October 13, 2026. The USD 142.70 quote stood below the high and above the low, while trading volume reached 3,964,671 shares against an average of 17,539,406.
Comparison with peers
ServiceNow: P/E 89.24, market capitalization USD 147.5 billion
Salesforce (NYSE, USD): P/E 21.98, market capitalization USD 196.9 billion
Adobe (Nasdaq, USD): P/E 13.26, market capitalization USD 94.4 billion
Valuation and reporting date
ServiceNow is scheduled to report third-quarter 2026 results after the market close on October 28, 2026, according to Yahoo Finance. The date arrives against Oppenheimer's USD 165.00 target and a USD 147.5 billion market value, leaving revenue growth as the most measurable operating benchmark.
EUR 126.90 at Lang & Schwarz
ServiceNow stock was trading at EUR 126.90 at Lang & Schwarz on October 13, 2026 at 5:09 p.m. CEST. The US listing was at USD 142.70 on the NYSE at 11:18 a.m. EDT on the same date, with the 52-week range at USD 81.24 to USD 192.97.
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 13, 2026, 5:09 p.m. CEST): EUR 126.90
- Market capitalization: USD 147.5 billion (as of October 13, 2026)
- 52-week range: USD 81.24-192.97 (as of October 13, 2026)
- Sector / Industry: Information technology / software
- Index membership: S&P 500
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
