ServiceNow (NYSE:NOW) Upgraded at BNP Paribas Exane

BNP Paribas Exane upgraded shares of ServiceNow (NYSE:NOW) from a neutral rating to an outperform rating in a research report sent to investors on Monday morning, Marketbeat.com reports. BNP Paribas Exane currently has $140.00 price target on the information technology services provider’s stock.

Other equities research analysts also recently issued reports about the company. Canaccord Genuity Group set a $200.00 price target on ServiceNow in a research note on Thursday, January 29th. Wells Fargo & Company set a $225.00 price target on ServiceNow and gave the company an “overweight” rating in a research note on Thursday, January 8th. Stifel Nicolaus set a $180.00 price objective on ServiceNow and gave the stock a “buy” rating in a report on Thursday, January 29th. The Goldman Sachs Group set a $216.00 price objective on shares of ServiceNow in a research report on Monday, February 2nd. Finally, DA Davidson reiterated a “buy” rating and issued a $220.00 target price on shares of ServiceNow in a research note on Thursday, January 29th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, ServiceNow currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.61.

ServiceNow Trading Down 2.5%

ServiceNow stock opened at $113.79 on Monday. ServiceNow has a 12 month low of $98.00 and a 12 month high of $211.48. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.12. The stock has a market cap of $119.03 billion, a P/E ratio of 68.22, a P/E/G ratio of 1.97 and a beta of 0.99. The company’s fifty day simple moving average is $117.22 and its 200-day simple moving average is $153.82.

ServiceNow (NYSE:NOW) last announced its quarterly earnings data on Wednesday, January 28th. The information technology services provider reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.03. ServiceNow had a return on equity of 18.54% and a net margin of 13.16%.The business had revenue of $3.57 billion during the quarter, compared to analyst estimates of $3.53 billion. During the same period last year, the company earned $0.73 earnings per share. ServiceNow’s quarterly revenue was up 20.7% compared to the same quarter last year. As a group, sell-side analysts forecast that ServiceNow will post 8.93 EPS for the current fiscal year.

Insider Transactions at ServiceNow

In related news, insider Kevin Thomas Mcbride sold 1,400 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $105.71, for a total transaction of $147,994.00. Following the completion of the sale, the insider owned 26,314 shares in the company, valued at $2,781,652.94. This represents a 5.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Paul Edward Chamberlain sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $101.17, for a total value of $151,755.00. Following the completion of the sale, the director directly owned 46,430 shares in the company, valued at $4,697,323.10. This trade represents a 3.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 16,237 shares of company stock worth $1,697,162. Company insiders own 0.34% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Kilter Group LLC bought a new stake in ServiceNow in the 2nd quarter valued at $25,000. IAG Wealth Partners LLC increased its holdings in shares of ServiceNow by 200.0% during the 3rd quarter. IAG Wealth Partners LLC now owns 27 shares of the information technology services provider’s stock worth $25,000 after purchasing an additional 18 shares during the period. Total Investment Management Inc. bought a new position in shares of ServiceNow during the 2nd quarter worth about $31,000. Bogart Wealth LLC raised its position in shares of ServiceNow by 93.8% during the third quarter. Bogart Wealth LLC now owns 31 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 15 shares during the last quarter. Finally, Wealth Watch Advisors INC bought a new stake in shares of ServiceNow in the third quarter valued at about $29,000. 87.18% of the stock is currently owned by institutional investors and hedge funds.

Key ServiceNow News

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Big-picture AI partnerships (Microsoft, OpenAI and others) are accelerating product adoption and enterprise deals, reinforcing ServiceNow’s revenue growth outlook and long-term AI thesis. ServiceNow Expands AI Reach via Partnerships: More Upside Ahead?
• Positive Sentiment: ServiceNow reported solid Q4 results (20.7% revenue growth, EPS beat, strong renewals and large remaining performance obligations), supporting the case for durable subscription revenue. NOW trading background & earnings
• Positive Sentiment: New strategic partnership with Cohesity targets resilient, enterprise-grade recovery for autonomous AI agents — could deepen stickiness of AI workflows and create cross-sell opportunities. Cohesity and ServiceNow Deliver Real-Time Recovery for Enterprise AI Agents
• Positive Sentiment: ServiceNow expanded distribution with Carahsoft to reach broader commercial and industrial markets in North America, which could accelerate sales cycles in public sector and commercial segments. ServiceNow Expands Carahsoft Partnership
• Positive Sentiment: BNP Paribas upgraded NOW to Outperform and set a $140 target; high-profile bullish mentions (Jim Cramer) are supporting investor interest in the pullback as a buying opportunity. ServiceNow Gets Upgraded to Outperform
• Neutral Sentiment: Social and analyst debate is active — Quiver/online commentary highlights mixed sentiment: earnings resilience and insider buys but also broad analyst price-target dispersion. Market reaction remains divided. QuiverQuant discussion
• Neutral Sentiment: Smaller regional news (RapDev ranking) is unlikely to move NOW’s stock materially but reflects broader partner ecosystem momentum. RapDev Boston Globe ranking
• Negative Sentiment: Competition and attrition risk: eight ex-ServiceNow salespeople were hired by startup Serval, highlighting sales talent leakage at a time when go-to-market execution matters. Eight ex-ServiceNow salespeople poached
• Negative Sentiment: CEO comments warning of AI-driven unemployment for new grads have generated negative headlines and PR risk; such rhetoric can feed investor uncertainty about near-term adoption dislocations and regulatory scrutiny. ServiceNow CEO warns on AI unemployment
• Negative Sentiment: Large institutional rebalancing (notably big reductions reported at some asset managers) increases supply risk and added downward pressure during the recent pullback. QuiverQuant institutional flows

About ServiceNow

ServiceNow (NYSE: NOW) is a cloud computing company that builds enterprise software to manage digital workflows and automate business processes. Its offerings are designed to replace manual work and legacy systems with cloud-based, service-oriented applications that support IT operations, customer service, human resources, security response and other enterprise functions.

The company’s flagship product family is the Now Platform, a suite of subscription software and platform services that includes IT Service Management (ITSM), IT Operations Management (ITOM), IT Business Management (ITBM), Customer Service Management (CSM), HR Service Delivery, Security Operations and Asset Management.