Stifel raises target for ServiceNow stock to USD 160.00

Published on 10/12/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 3.99 billion, up 24.00 percent year over year. ServiceNow stock costs EUR 126.90 on October 12, 2026.

Key points in brief

Stifel raised its ServiceNow price target from USD 120.00 to USD 160.00 on October 6, 2026, while keeping a Buy rating.
ServiceNow reported USD 3.99 billion in second-quarter 2026 revenue, up 24.00 percent year over year.
The Lang & Schwarz quote was EUR 126.90 on October 12, 2026 at 10:53 a.m. CEST.
ServiceNow will announce third-quarter 2026 results on October 28, 2026, after the market close.

Bauhaus-Poster mit geometrischen Formen und großem Schriftzug TECH in Primärfarben — ServiceNow Inc. (US81762P1021) inspiriert ein geometrisches Bauhaus-Poster mit buntem TECH-Schriftzug und kräftigen Formen, Illustration mit AI erstellt.

Stifel raised its ServiceNow price target from USD 120.00 to USD 160.00 on October 6, 2026, while keeping a Buy rating, according to Markets Insider. ServiceNow stock was at EUR 126.90 at Lang & Schwarz on October 12, 2026 at 10:53 a.m. CEST.

Targets rise ahead of results

The Stifel move lifted the target by USD 40.00, or 33.33 percent versus the previous target. Analyst Brad Reback cited a quarter-over-quarter uptick in enterprise spending, large deals, renewal expansion and adoption of advanced product editions, Markets Insider reported.

UBS also raised its target from USD 110.00 to USD 150.00 on October 6, 2026, while maintaining a Neutral rating, according to Markets Insider. The split between Stifel's Buy view and UBS's Neutral stance puts demand quality and valuation at the center of the upcoming results discussion.

What does growth mean for margins?

ServiceNow generated USD 3.99 billion in revenue during the second quarter of 2026, an increase of 24.00 percent from the same quarter a year earlier, while adjusted earnings per share reached USD 0.90 against a USD 0.86 consensus estimate, according to MarketBeat. The revenue comparison shows that the growth story remains substantial, but the earnings comparison leaves execution and cost control as the sharper test.

ServiceNow's platform supports IT service management, customer service, human resources, risk and security operations, and software development. The company says its platform runs more than 100 billion workflows each year, according to ServiceNow.

Three dates frame the next test

On July 22, 2026, ServiceNow reported second-quarter revenue of USD 3.99 billion and adjusted earnings per share of USD 0.90, according to MarketBeat. On October 6, 2026, Stifel raised its target from USD 120.00 to USD 160.00, according to Markets Insider. On October 7, 2026, ServiceNow announced that it will publish third-quarter results on October 28, 2026, according to ServiceNow.

October 28 is the next date

ServiceNow will release third-quarter 2026 results after the market close on October 28, 2026, and the conference call will begin at 2:00 p.m. Pacific Daylight Time, according to ServiceNow. The release will test whether subscription growth can remain near the second-quarter pace while the business expands AI-related workflows.

Stock quote and company data

ServiceNow was trading at EUR 126.90 at Lang & Schwarz on October 12, 2026 at 10:53 a.m. CEST. The current quote gives the stock a dated market reference as analysts weigh the USD 160.00 Stifel target against the October 28 results date. The further course of trading is shown by the continuously updated real-time quote of ServiceNow stock.