ServiceNow Reports Third Quarter 2021 Financial Results
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ServiceNow (NOW) PT Raised to $765 at Jefferies
October 28, 2021 8:48 AM EDTJefferies analyst Samad Samana raised the price target on ServiceNow (NYSE: NOW) to $765.00 (from $675.00) while maintaining a Buy rating.
The analyst commented, "NOW beat consensus for 3Q across the board. Sub billings growth of 28% beat consensus of 23% and adjusted cRPO growth... More
ServiceNow (NOW) Tops Estimates but Stock Dips as Outlook Implies Subscription Revenue Slowdown, Analysts Remain Positive
October 28, 2021 6:59 AM EDTShares of ServiceNow (NYSE: NOW) are down nearly 3% in pre-open Wednesday despite the company reporting better-than-expected Q3 results.
ServiceNow reported Q3 EPS of $1.55 to top the analyst estimate of $1.38. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.47 billion. Subscription revenues came in at $1.427 billion.
We reported another significant beat and raise quarter in Q3. Leaders recognize their technology architecture is their business architecture. As this digital transformation market is accelerating, ServiceNows platform is creating unmatched customer and... More
ServiceNow (NOW) PT Raised to $800 at Goldman Sachs
October 28, 2021 6:32 AM EDTGoldman Sachs analyst Kash Rangan raised the price target on ServiceNow (NYSE: NOW) to $800.00 while maintaining a Conviction Buy rating.
The analyst commented, "ServiceNow is down 4% AH despite printing a solid quarter with beats across key metrics as we believe 4Q guidance for 26.5% CC subs... More
ServiceNow (NOW) Tops Q3 EPS by 17c, Offers Outlook
October 27, 2021 4:32 PM EDTServiceNow (NYSE: NOW) reported Q3 EPS of $1.55, $0.17 better than the analyst estimate of $1.38. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.47 billion.
Financial... More
