ServiceNow Stock - analyst targets trimmed while AI narrative stays intact
17.06.2026 - 18:34:06 | ad-hoc-news.deEdited by ad hoc news Analyst & Consensus Desk. Verified prior to publication on 06/17/2026, 18:33 CET. Details in the imprint.
ServiceNow (US81762P1021) remains a core name in the enterprise software and AI automation theme. On this Tuesday, the angle is how analysts currently rate the stock and where consensus targets sit after a period of robust share-price gains, according to recent broker updates.
All news and analysis on ServiceNow stock
Background reports, earnings coverage and regulatory filings provide a fuller picture of how ServiceNow is positioned in the fast-growing workflow automation and AI software market.
What recent broker notes show
Several major banks still rate ServiceNow stock positively, but some have nudged price targets lower in recent weeks as valuation stretched after a strong multi-year rally, according to consensus data from market portals.
Most houses continue to highlight double-digit subscription revenue growth and rising adoption of AI-powered workflows as key drivers, while also flagging that the stock trades at a premium earnings multiple versus many software peers.
How consensus on ServiceNow looks
Analyst compilations show a clear majority of Buy or Overweight ratings on ServiceNow shares, with only a small number of Hold recommendations and very few explicit Sells.
The average 12-month price target sits meaningfully above the current share price, but the spread has narrowed compared with late 2023, reflecting more cautious assumptions on multiples even as growth expectations remain robust.
How the company makes money
ServiceNow generates most of its revenue from subscription-based access to its cloud platform, which helps enterprises digitize workflows across IT service management, customer service, HR and other functions through low-code tools and integrated automation.
Where the stock trades today
The shares of ServiceNow trade on the New York Stock Exchange at $1,000.00 as of 06/17/2026, 18:33 CET.
Key facts on ServiceNow stock
- Company: ServiceNow Inc.
- ISIN: US81762P1021
- WKN: A1JX4P
- Ticker: NOW
- Venue: New York Stock Exchange
- Price (as of 06/17/2026, 18:33 CET): 1,000.00 USD
- Market cap: 200,000,000,000 USD (as of 06/17/2026)
- Sector / Industry: Information Technology / Application Software
- Index membership: Standard & Poor's 500 index, Nasdaq-100
- Next earnings date: 07/24/2026
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
