What Does Wall Street Think About ServiceNow (NOW)?

ServiceNow, Inc. (NYSE:NOW) is one of the best high growth NYSE stocks that are profitable. On July 23, ServiceNow, Inc. (NYSE:NOW) reported its fiscal Q2 2025 earnings, surpassing guidance across all topline growth and profitability metrics.

Subscription revenues for the quarter were $3.113 billion, up 22.5% year‑over‑year and 21.5% in constant currency. The company reported $3.215 billion in total revenues for fiscal Q2 2025, up 22.5% year‑over‑year and 21.5% in constant currency.

Following the earnings release, Brad Reback from Stifel Nicolaus maintained a Buy rating on ServiceNow, Inc. (NYSE:NOW) in a report released on August 25, setting a price target of $1,200.00.

Citizens JMP analyst Patrick Walravens also reiterated a Buy rating on ServiceNow, Inc. (NYSE:NOW) on August 4 and set a price target of $1,300.00.

The stock’s median price target of $917.46 implies an upside of 28.07% from current levels.

ServiceNow, Inc. (NYSE:NOW) offers an AI platform for business transformation, boosting productivity and maximizing business outcomes. Its intelligent platform, Now Platform, provides end-to-end workflow automation for digital businesses. Now Platform functions as a cloud-based solution embedded with AI and ML.

While we acknowledge the potential of NOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.