ServiceNow (NOW)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-07-07
$110.70+2.57%
Close 2026-07-07 · 1-day change
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Track NOW free→ServiceNow grows subscription revenue 22% yearly. It leads in AI workflow tools. The company plans $15.5 billion revenue in 2026. It has a strong buyback plan.
AI security issues could hurt trust and slow growth. Debt levels rose recently. Management is volatile, which may cause uncertainty.
The price is about 8% below our fair value near $120. Analysts expect 24% revenue growth. Our fair value is 8% below the Street median of $130.
Breaks if: major AI security failures or loss of AI leadership
Advance AI capabilities and integrate them into new product categories and workflows.
Breaks if: capital use harms financial health or growth prospects
Utilize financial resources to support mergers and acquisitions for strategic growth.
Breaks if: subscription revenue growth falls below 15% YoY in FY26
Focus on expanding subscription revenue through strategic initiatives and acquisitions.
Stated in 4 of last 4 quarters. Q1 2026 subscription revenues reached $3,671 million, a 22% year-over-year growth from $3,088 million in 2025-Q1. The trajectory is delivering on the stated priority of increasing subscription revenue growth.
Breaks if: total revenue falls below $14.5B in FY26
Focus on expanding subscription revenue through strategic initiatives and acquisitions.
Stated in 4 of last 4 quarters. Q1 2026 subscription revenues reached $3,671 million, a 22% year-over-year growth from $3,088 million in 2025-Q1. The trajectory is delivering on the stated priority of increasing subscription revenue growth.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“ServiceNow raised full year subscription revenues outlook, with Q1 2026 subscription revenues of $3,671 million, representing 22% year-over-year growth.”
“Subscription revenues grew 21% year-over-year, driven by strong demand for our AI solutions.”
“We continue to see robust growth in subscription revenues, with a 20% year-over-year increase.”
“Subscription revenue growth remains a key focus, achieving a 19% year-over-year increase.”
“ServiceNow raised full year subscription revenues outlook, with Q1 2026 subscription revenues of $3,671 million, representing 22% year-over-year growth.”
“Subscription revenues grew 21% year-over-year, driven by strong demand for our AI solutions.”
“We continue to see robust growth in subscription revenues, with a 20% year-over-year increase.”
“Subscription revenue growth remains a key focus, achieving a 19% year-over-year increase.”