ServiceNow stock: BMO lifts target for ServiceNow stock from USD 150.00 to USD 165.00
Published on 10/21/2026 at 17:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBMO target and October 28 date
- BMO raised its ServiceNow target from USD 150.00 to USD 165.00 on October 20, 2026.
- Second-quarter revenue rose 24.00 percent to USD 3.99 billion.
- ServiceNow stock traded at EUR 136.10 at Lang & Schwarz on October 21, 2026 at 5:41 p.m. CEST.
- ServiceNow will publish third-quarter results on October 28, 2026.
ServiceNow (ISIN US81762P1021) received a higher BMO target on October 20, 2026, with the firm lifting its view from USD 150.00 to USD 165.00, as listed by MarketScreener. The new target stood 8.02 percent above ServiceNow's NYSE price of USD 152.79 at 11:43 a.m. EDT on October 21, 2026. At Lang & Schwarz, the stock was trading at EUR 136.10 on October 21, 2026 at 5:41 p.m. CEST.
Revenue growth meets a margin test
ServiceNow's second-quarter revenue reached USD 3.99 billion for the period ended June 30, 2026, up 24.00 percent from the prior-year quarter. Ticker Scout reported GAAP net income of USD 298.00 million and diluted earnings per share of USD 0.29 for the same period.
The revenue advance came with a lower reported operating result of USD 162.00 million, down 54.70 percent year over year. The decline reflected higher amortization, acquisition-related services and stock-based compensation, according to the same filing summary.
Stock position and valuation
ServiceNow's finance profile shows a 52-week range of USD 81.24 to USD 192.97 and a market capitalization of USD 158.0 billion as of October 21, 2026. Its price-to-earnings ratio was 95.40, placing valuation alongside growth as a central issue before the next report.
The company will release third-quarter results after the market close on October 28, 2026, covering the quarter ended September 30. ServiceNow announced the date in an investor-relations release dated October 7, 2026, which also scheduled the conference call for 2:00 p.m. Pacific Daylight Time, as stated by ServiceNow.
Comparison with peers
ServiceNow: 2.17 percent higher on October 21, 2026, P/E 95.40, market capitalization USD 158.0 billion.
Salesforce (NYSE, USD): 0.24 percent higher on October 21, 2026, P/E 22.17, market capitalization USD 200.0 billion.
Workday (NYSE, USD): 0.60 percent lower on October 21, 2026, P/E 41.14, market capitalization USD 48.9 billion.
What comes next for ServiceNow
The October 28 results will test whether subscription growth can remain above 20.00 percent after the second-quarter increase of 24.50 percent. The comparison will also show whether acquisition costs continue to weigh on reported operating profit while demand for workflow and AI software expands.
The further course of trading is shown by the continuously updated real-time quote of ServiceNow stock.
ServiceNow stock at a glance
- Company: ServiceNow, Inc.
- ISIN: US81762P1021
- Ticker: NOW
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 21, 2026, 5:41 p.m. CEST): EUR 136.10
- Market capitalization: USD 158.0 billion (as of October 21, 2026)
- 52-week range: USD 81.24-192.97 (as of October 21, 2026)
- Sector / Industry: Technology / Software - Application
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
