Stifel Reduces Price Target For ServiceNow, Inc. (NOW)

ServiceNow, Inc. (NYSE:NOW) is among the Growth Stock Portfolio: 12 Stock Picks By Ken Fisher. 

According to TheFly, Stifel reduced its price objective for ServiceNow, Inc. (NYSE:NOW) from $1,150 to $230 to reflect the company’s 5-for-1 stock split, which took effect on Thursday, December 19, 2025. The firm’s rating on the shares remained Buy.

Separately, Reuters cited Bloomberg and reported on December 13, 2025, that according to sources familiar with the situation, ServiceNow, Inc. (NYSE:NOW) is in advanced talks to buy cybersecurity company Armis in a deal that could be worth up to $7 billion. The agreement might be made public in the next few days, but negotiations might still break down, or another bidder might show up. Reuters’ requests for comment from ServiceNow, Inc. (NYSE:NOW) and Armis were not immediately answered.

In November, Armis completed a $435 million fundraising round, valuing the business at $6.1 billion. Armis was established in 2016 and serves over 40% of Fortune 100 firms by offering real-time protection for connected devices. Demand for advanced digital security services has risen in response to a series of global cyberattacks this year that led to major financial losses and data leaks.

ServiceNow, Inc. (NYSE:NOW) offers software solutions for structuring and automating various business processes using a SaaS delivery model.

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