最新ニュース ServiceNow (NYSE:NOW) 株価情報

ServiceNow

ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.

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Service Nowは水曜日の取引終了後、第2四半期の業績を発表しました。第2四半期決算ServiceNowは26億2700万ドルの第2四半期売上を発表、コンセンサス予想（26億7000万ドル）を上回りました。同社は1株あたり3.13ドルの四半期利益を記録し、アナリストの予想を上回りました。

Service Now株　水曜の取引終了後第2四半期の業績を発表

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ServiceNow Inc

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Financial giants have made a conspicuous bearish move on ServiceNow. Our analysis of options history for ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) revealed 39 unusual trades.
Delving into the details, we found 20% of traders were bullish, while 53% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $1,538,230, and 34 were calls, valued at $2,837,410.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $260.0 to $1400.0 for ServiceNow during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for ServiceNow options trades today is 116.9 with a total volume of 1,063.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for ServiceNow's big money trades within a strike price range of $260.0 to $1400.0 over the last 30 days.
<h3>ServiceNow Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734110275_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$24.5</td>
<td>$22.9</td>
<td>$24.5</td>
<td>$1145.00</td>
<td>$695.8K</td>
<td align="right">375</td>
<td align="right">305</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$24.7</td>
<td>$22.6</td>
<td>$24.0</td>
<td>$1100.00</td>
<td>$480.0K</td>
<td align="right">116</td>
<td align="right">219</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$350.0</td>
<td>$330.2</td>
<td>$335.0</td>
<td>$970.00</td>
<td>$301.5K</td>
<td align="right">9</td>
<td align="right">9</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$20.2</td>
<td>$12.0</td>
<td>$12.0</td>
<td>$1145.00</td>
<td>$288.0K</td>
<td align="right">276</td>
<td align="right">240</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$280.0</td>
<td>$265.6</td>
<td>$273.0</td>
<td>$1100.00</td>
<td>$245.7K</td>
<td align="right">9</td>
<td align="right">10</td>
</tr>
</tbody>
</table>

<h3>About ServiceNow</h3>
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
Following our analysis of the options activities associated with ServiceNow, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of ServiceNow</h3>
<ul>
<li>With a trading volume of 460,830, the price of NOW is down by -2.53%, reaching $1119.31.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 40 days from now.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest ServiceNow options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

ServiceNow's Options Frenzy: What You Need to Know

Keybanc analyst Jackson Ader downgrades ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) from Overweight to Sector Weight.

Downgrades

Analyst Ratings

Keybanc Downgrades ServiceNow to Sector Weight

Mizuho analyst Gregg Moskowitz maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Outperform and raises the price target from $1070 to $1210.

Price Target

Mizuho Maintains Outperform on ServiceNow, Raises Price Target to $1210

Truist Securities analyst Joel Fishbein maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Hold and raises the price target from $900 to $1100.

Truist Securities Maintains Hold on ServiceNow, Raises Price Target to $1100

TD Cowen analyst Derrick Wood maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Buy and raises the price target from $1025 to $1300.

TD Cowen Maintains Buy on ServiceNow, Raises Price Target to $1300

Investors with a lot of money to spend have taken a bullish stance on ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NOW, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 20 uncommon options trades for ServiceNow.
This isn't normal.
The overall sentiment of these big-money traders is split between 40% bullish and 20%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $87,734, and 17 are calls, for a total amount of $854,851.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $530.0 to $1300.0 for ServiceNow over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of ServiceNow stands at 148.89, with a total volume reaching 359.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in ServiceNow, situated within the strike price corridor from $530.0 to $1300.0, throughout the last 30 days.
<h3>ServiceNow Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733513453_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$69.9</td>
<td>$68.1</td>
<td>$69.9</td>
<td>$1140.00</td>
<td>$174.7K</td>
<td align="right">36</td>
<td align="right">26</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$34.5</td>
<td>$30.6</td>
<td>$31.46</td>
<td>$1120.00</td>
<td>$78.6K</td>
<td align="right">748</td>
<td align="right">33</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/06/24</td>
<td>$14.9</td>
<td>$11.2</td>
<td>$13.8</td>
<td>$1120.00</td>
<td>$68.8K</td>
<td align="right">276</td>
<td align="right">62</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$663.8</td>
<td>$644.0</td>
<td>$658.0</td>
<td>$540.00</td>
<td>$65.8K</td>
<td align="right">3</td>
<td align="right">1</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$614.1</td>
<td>$599.5</td>
<td>$606.4</td>
<td>$530.00</td>
<td>$60.6K</td>
<td align="right">97</td>
<td align="right">1</td>
</tr>
</tbody>
</table>

<h3>About ServiceNow</h3>
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
After a thorough review of the options trading surrounding ServiceNow, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of ServiceNow</h3>
<ul>
<li>With a trading volume of 481,580, the price of NOW is up by 1.09%, reaching $1136.0.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 47 days from now.</li>
</ul>
<h3>What The Experts Say On ServiceNow</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $1154.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Wells Fargo persists with their Overweight rating on ServiceNow, maintaining a target price of $1250. 
&#x2A; An analyst from Wells Fargo persists with their Overweight rating on ServiceNow, maintaining a target price of $1150. 
&#x2A; An analyst from Needham has decided to maintain their Buy rating on ServiceNow, which currently sits at a price target of $1150. 
&#x2A; Consistent in their evaluation, an analyst from Mizuho keeps a Outperform rating on ServiceNow with a target price of $1070. 
&#x2A; Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on ServiceNow with a target price of $1150. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for ServiceNow, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Smart Money Is Betting Big In NOW Options

Financial giants have made a conspicuous bullish move on ServiceNow. Our analysis of options history for ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) revealed 18 unusual trades.
Delving into the details, we found 44% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $104,500, and 14 were calls, valued at $568,748.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $820.0 to $1200.0 for ServiceNow over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for ServiceNow's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of ServiceNow's whale activity within a strike price range from $820.0 to $1200.0 in the last 30 days. 
<h3>ServiceNow Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733424424_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/06/24</td>
<td>$56.5</td>
<td>$50.7</td>
<td>$53.57</td>
<td>$1075.00</td>
<td>$80.2K</td>
<td align="right">85</td>
<td align="right">18</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$270.4</td>
<td>$264.7</td>
<td>$264.65</td>
<td>$910.00</td>
<td>$79.3K</td>
<td align="right">46</td>
<td align="right">3</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/06/24</td>
<td>$47.7</td>
<td>$42.7</td>
<td>$42.7</td>
<td>$1085.00</td>
<td>$64.0K</td>
<td align="right">618</td>
<td align="right">18</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$80.0</td>
<td>$76.6</td>
<td>$78.0</td>
<td>$1140.00</td>
<td>$39.0K</td>
<td align="right">34</td>
<td align="right">5</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/06/24</td>
<td>$25.0</td>
<td>$23.8</td>
<td>$25.0</td>
<td>$1100.00</td>
<td>$37.5K</td>
<td align="right">406</td>
<td align="right">75</td>
</tr>
</tbody>
</table>

<h3>About ServiceNow</h3>
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
Following our analysis of the options activities associated with ServiceNow, we pivot to a closer look at the company's own performance.
<h3>Current Position of ServiceNow</h3>
<ul>
<li>Trading volume stands at 556,592, with NOW's price down by -0.2%, positioned at $1120.89.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 48 days.</li>
</ul>
<h3>Expert Opinions on ServiceNow</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $1190.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Jefferies continues to hold a Buy rating for ServiceNow, targeting a price of $1250. 
&#x2A; Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on ServiceNow with a target price of $1150. 
&#x2A; An analyst from Oppenheimer has decided to maintain their Outperform rating on ServiceNow, which currently sits at a price target of $1150. 
&#x2A; An analyst from Wells Fargo has decided to maintain their Overweight rating on ServiceNow, which currently sits at a price target of $1250. 
&#x2A; An analyst from Needham has decided to maintain their Buy rating on ServiceNow, which currently sits at a price target of $1150. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for ServiceNow with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

ServiceNow's Options: A Look at What the Big Money is Thinking

Wells Fargo analyst Michael Turrin maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Overweight and raises the price target from $1150 to $1250.

Wells Fargo Maintains Overweight on ServiceNow, Raises Price Target to $1250

WIIM

ServiceNow shares are trading higher after the company announced an expanded strategic collaboration with Amazon Web Services to accelerate AI-driven business transformation. Also, Oppenheimer maintained an Outperform rating on the stock and raised its price target from $1020 to $1150.

Oppenheimer analyst Brian Schwartz maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Outperform and raises the price target from $1020 to $1150.

Oppenheimer Maintains Outperform on ServiceNow, Raises Price Target to $1150

Introducing GenAI-Powered Workflows Via Amazon Bedrock Connector And New Automation Solutions On AWS Marketplace, With Plans For Geographic Expansion To Canada And Europe In 2025

AMZN

ServiceNow And AWS Expand Strategic Collaboration

Cloudflare, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>) stock is up after Morgan Stanley analyst Keith Weiss upgraded it from Equal-Weight to Overweight and raised its <a target="_blank" href="https://www.benzinga.com/quote/NET/analyst-ratings" rel="noreferrer noopener">price target from $92 to $130</a>.
Cloudflare remains one of the most compelling secular stories in Weiss&#8217; software coverage universe, given its large TAM (total addressable market), highly scalable network architecture, and emergence as a potential GenAI enabler as organizations look to adopt and experiment with LLMs (large language models).
The company is well-positioned to gain a share in the top two CIO spending priorities, Security and AI/ML.
Also Read: <a target="_blank" href="https://www.benzinga.com/media/24/12/42269848/amazons-aws-ceo-teases-major-ai-advancements" rel="noreferrer noopener">Amazon&#8217;s AWS CEO Teases Major AI Advancements</a>
While Weiss has been on the sidelines historically, given a relatively high multiple (~17X NTM sales), he noted multiple tailwinds heading into 2025 that could drive upward estimate revisions and sustain, if not accelerate, revenue growth in an environment of increasing growth scarcity.
Given the compute-intensive nature, Weiss noted that more AI inference is done at the &#8220;edge,&#8221; which means on network devices closer to the end user, for cost, latency, and data security/residency reasons. Cloudflare Workers AI, a serverless GPU-powered platform on Cloudflare&#8217;s global network, provides all the foundational elements of running AI inference on more than 300 locations worldwide. Over 2 million developers are on the Cloudflare Workers platform.
Weiss&#8217; checks indicate a solid demand for Cloudflare R2 (storage) for training AI models. While early days, Weiss noted that the upside from AI inference could be meaningful as adoption grows and Cloudflare serves ~80% of the top 50 GenAI startups. He also stressed the upside of Cloudflare as a critical partner for Apple Inc Intelligence, where the company plays a significant role in encrypting AI queries for hundreds of millions of devices. Weiss estimates this could add 2-3pts to revenue growth in 2026-28.
Cloudflare is in the early innings of monetizing a wider, multi-product platform addressing over $80 billion in spending across security, networking, AI, and application services. This includes adopting developer products, including R2, Workers, AI gateway for training, inference, and monitoring AI workloads, and enterprise SASE (secure access service edge), where share gains are growing. Weiss noted faster-growing SASE and Developer/AI products growing from over 20% of revenue today to over 40% by 2028, driving durable 25-30% revenue growth in the longer term.&nbsp;&nbsp;
While Cloudflare has delivered consistent product innovation across multiple domains, it lacks a more strategic selling motion to fully monetize a large installed base of over 200K customers, including over 30% of Fortune 500. Adding well-respected enterprise sales leaders like Chief Revenue Officer Mark Anderson (former Palo Alto Networks, Inc head of sales) and Head of Product CJ Desai (former ServiceNow, Inc COO) can create a much-needed strategic selling motion with large enterprises.
Bottom line, with numerous product cycles in full gear, growing Edge AI contribution, and a fully ramped enterprise sales force ready to address this significant opportunity, Weiss noted that all the cards are aligned for a solid 2025 for Cloudflare, with revenue growth potentially accelerating throughout the year. This should sustain a premium multiple on higher estimates.
Weiss projected fourth-quarter revenue of $451.7 million (prior $455.3 million) and adjusted EPS of $0.18 (prior $0.16).
Price Action: NET stock is up 6.18% at $106.00 at last check Monday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/12/42268028/volkswagen-faces-fierce-labor-pushback-over-factory-closures-wage-cuts" target="_blank" rel="noreferrer noopener">Volkswagen Faces Fierce Labor Pushback Over Factory Closures, Wage Cuts</a></li>
</ul>
Photo via T. Schneider/Shutterstock.com.

Analyst Color

Upgrades

Trading Ideas

AAPL

PANW

Cloudflare's Apple Intelligence Partnership, Large TAM, Generative AI Enabler Position It For Upside, Analyst Says

In the latest quarter, 32 analysts provided ratings for ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>), showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">12</td>
<td align="right">18</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">9</td>
<td align="right">16</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $1022.41, a high estimate of $1250.00, and a low estimate of $900.00. Marking an increase of 10.48%, the current average surpasses the previous average price target of $925.44. 
<img src="https://www.benzinga.com/files/images/story/2024/1733155223_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The analysis of recent analyst actions sheds light on the perception of ServiceNow by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Samad Samana</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$1250.00</td>
<td>$1100.00</td>
</tr>
<tr>
<td>Mike Cikos</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$1150.00</td>
<td>$1075.00</td>
</tr>
<tr>
<td>Gregg Moskowitz</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1070.00</td>
<td>$980.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$1150.00</td>
<td>$1050.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$1071.00</td>
<td>$1068.00</td>
</tr>
<tr>
<td>Peter Weed</td>
<td>Bernstein</td>
<td>Raises</td>
<td>Outperform</td>
<td>$913.00</td>
<td>$906.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1045.00</td>
<td>$985.00</td>
</tr>
<tr>
<td>Derrick Wood</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$1025.00</td>
<td>$1000.00</td>
</tr>
<tr>
<td>Brad Reback</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$990.00</td>
<td>$900.00</td>
</tr>
<tr>
<td>Jason Ader</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$1040.00</td>
<td>$1020.00</td>
</tr>
<tr>
<td>Kirk Materne</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1000.00</td>
<td>$950.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$1050.00</td>
<td>$1025.00</td>
</tr>
<tr>
<td>Rob Owens</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$1000.00</td>
<td>$850.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$1000.00</td>
<td>$980.00</td>
</tr>
<tr>
<td>Mark Murphy</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$950.00</td>
<td>$820.00</td>
</tr>
<tr>
<td>Rob Oliver</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$975.00</td>
<td>$900.00</td>
</tr>
<tr>
<td>David Hynes</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$1000.00</td>
<td>$850.00</td>
</tr>
<tr>
<td>Mike Cikos</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$1075.00</td>
<td>$900.00</td>
</tr>
<tr>
<td>Joel Fishbein</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$900.00</td>
<td>$780.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$960.00</td>
<td>$900.00</td>
</tr>
<tr>
<td>Derrick Wood</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$1000.00</td>
<td>$900.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$1068.00</td>
<td>$915.00</td>
</tr>
<tr>
<td>Brian Schwartz</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1020.00</td>
<td>$825.00</td>
</tr>
<tr>
<td>Gregg Moskowitz</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$980.00</td>
<td>$850.00</td>
</tr>
<tr>
<td>Patrick Walravens</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$1000.00</td>
<td>$850.00</td>
</tr>
<tr>
<td>Samad Samana</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$1100.00</td>
<td>$900.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$980.00</td>
<td>$890.00</td>
</tr>
<tr>
<td>Keith Bachman</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1025.00</td>
<td>$860.00</td>
</tr>
<tr>
<td>Kirk Materne</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$950.00</td>
<td>$850.00</td>
</tr>
<tr>
<td>Karl Keirstead</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$1055.00</td>
<td>$900.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$1025.00</td>
<td>$935.00</td>
</tr>
<tr>
<td>Mike Cikos</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$900.00</td>
<td>$900.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to ServiceNow. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of ServiceNow compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of ServiceNow's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into ServiceNow's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/NOW/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on ServiceNow analyst ratings.</a>
<h2>Discovering ServiceNow: A Closer Look</h2>
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
<h3>Financial Insights: ServiceNow</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: ServiceNow's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 22.25%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: ServiceNow's net margin is impressive, surpassing industry averages. With a net margin of 15.45%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): ServiceNow's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.81%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): ServiceNow's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.36% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: ServiceNow's debt-to-equity ratio is below the industry average. With a ratio of 0.24, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Analyst Ratings: What Are They?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse Into The Expert Outlook On ServiceNow Through 32 Analysts

Jefferies analyst Samad Samana maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Buy and raises the price target from $1100 to $1250.

Jefferies Maintains Buy on ServiceNow, Raises Price Target to $1250

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Shares of software companies are trading lower possibly amid overall market weakness. Multiple software stocks fell after Q3 financial results.

Deep-pocketed investors have adopted a bearish approach towards ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NOW usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 16 extraordinary options activities for ServiceNow. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 6% leaning bullish and 31% bearish. Among these notable options, 4 are puts, totaling $293,800, and 12 are calls, amounting to $482,760.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $700.0 to $1560.0 for ServiceNow over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for ServiceNow options trades today is 68.27 with a total volume of 273.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for ServiceNow's big money trades within a strike price range of $700.0 to $1560.0 over the last 30 days.
<h3>ServiceNow Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732736750_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/06/24</td>
<td>$8.6</td>
<td>$6.4</td>
<td>$7.4</td>
<td>$1022.50</td>
<td>$148.0K</td>
<td align="right">1</td>
<td align="right">200</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$351.4</td>
<td>$339.7</td>
<td>$346.32</td>
<td>$710.00</td>
<td>$69.2K</td>
<td align="right">83</td>
<td align="right">2</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$347.2</td>
<td>$335.0</td>
<td>$341.9</td>
<td>$710.00</td>
<td>$68.3K</td>
<td align="right">83</td>
<td align="right">4</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$43.0</td>
<td>$41.9</td>
<td>$43.0</td>
<td>$1000.00</td>
<td>$64.5K</td>
<td align="right">50</td>
<td align="right">16</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>02/21/25</td>
<td>$70.3</td>
<td>$67.2</td>
<td>$68.54</td>
<td>$1060.00</td>
<td>$54.8K</td>
<td align="right">88</td>
<td align="right">9</td>
</tr>
</tbody>
</table>

<h3>About ServiceNow</h3>
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
After a thorough review of the options trading surrounding ServiceNow, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>ServiceNow's Current Market Status</h3>
<ul>
<li>Trading volume stands at 503,701, with NOW's price down by -2.64%, positioned at $1041.87.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 56 days.</li>
</ul>
<h3>Professional Analyst Ratings for ServiceNow</h3>
In the last month, 3 experts released ratings on this stock with an average target price of $1123.3333333333333.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Needham has decided to maintain their Buy rating on ServiceNow, which currently sits at a price target of $1150. 
&#x2A; Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on ServiceNow with a target price of $1150. 
&#x2A; An analyst from Mizuho persists with their Outperform rating on ServiceNow, maintaining a target price of $1070. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for ServiceNow with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Investors with a lot of money to spend have taken a bearish stance on ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NOW, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 36 options trades for ServiceNow.
This isn't normal.
The overall sentiment of these big-money traders is split between 16% bullish and 52%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $71,000, and 35, calls, for a total amount of $2,573,528.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $760.0 to $1400.0 for ServiceNow during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for ServiceNow's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of ServiceNow's whale activity within a strike price range from $760.0 to $1400.0 in the last 30 days. 
<h3>ServiceNow Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566625_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$67.0</td>
<td>$64.6</td>
<td>$67.0</td>
<td>$1080.00</td>
<td>$495.8K</td>
<td align="right">179</td>
<td align="right">1</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$20.3</td>
<td>$18.0</td>
<td>$19.2</td>
<td>$1280.00</td>
<td>$384.0K</td>
<td align="right">4</td>
<td align="right">0</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$25.6</td>
<td>$23.5</td>
<td>$23.5</td>
<td>$1080.00</td>
<td>$235.5K</td>
<td align="right">300</td>
<td align="right">101</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$64.3</td>
<td>$63.9</td>
<td>$64.27</td>
<td>$1000.00</td>
<td>$192.8K</td>
<td align="right">226</td>
<td align="right">32</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$43.7</td>
<td>$41.2</td>
<td>$41.2</td>
<td>$1070.00</td>
<td>$103.0K</td>
<td align="right">42</td>
<td align="right">28</td>
</tr>
</tbody>
</table>

<h3>About ServiceNow</h3>
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
After a thorough review of the options trading surrounding ServiceNow, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of ServiceNow</h3>
<ul>
<li>With a volume of 727,156, the price of NOW is up 0.7% at $1068.0. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 58 days.</li>
</ul>
<h3>Professional Analyst Ratings for ServiceNow</h3>
In the last month, 3 experts released ratings on this stock with an average target price of $1123.3333333333333.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Mizuho has decided to maintain their Outperform rating on ServiceNow, which currently sits at a price target of $1070. 
&#x2A; Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for ServiceNow, targeting a price of $1150. 
&#x2A; An analyst from Needham persists with their Buy rating on ServiceNow, maintaining a target price of $1150. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for ServiceNow, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Market Whales and Their Recent Bets on NOW Options

Needham analyst Mike Cikos maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Buy and raises the price target from $1075 to $1150.

Needham Maintains Buy on ServiceNow, Raises Price Target to $1150

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Shares of software, cybersecurity, and cloud companies are trading higher in possible sympathy with Snowflake, which saw gains after the company reported better-than-expected Q3 financial results and raised its FY25 product revenue guidance.

DXC Technology And ServiceNow Expand Partnership To Launch Center Of Excellence, Accelerating Generative AI Adoption And Value For Businesses Globally

The tech industry's long-term growth appears robust, fueled by rising adoption of AI, continuous technology upgradation, and growing demand. Given the industry's sound outlook, investors could buy quality tech stocks HP (HPQ), Zoom Video Communications (ZM), and Leidos Holdings (LDOS) before the year-end. Keep reading... With the increasing consumer demand, the need for efficiency, and improved productivity, the technology market is positioned to experience significant growth in the coming years. Also, the latest technologies like AI, IoT, cloud computing, and other emerging technologies are fueling the segment's prospects.
Amid this backdrop, investors could consider currently undervalued tech stocks HP Inc. (<a href="https://stocknews.com/stock/HPQ/">HPQ</a>), Zoom Video Communications, Inc. (<a href="https://stocknews.com/stock/ZM/">ZM</a>), and Leidos Holdings, Inc. (<a href="https://stocknews.com/stock/LDOS/">LDOS</a>) to buy before the year ends.
The tech industry is expanding swiftly with the increasing demand from organizations for digital technologies to accelerate their advancements in AI, cloud computing, and automation for enhancing efficiency, innovations, and productivity. Companies increasingly rely on software for their regular and critical operations, further boosting the tech market.
To adapt to the latest technologies successfully, companies are required to maintain and update their hardware and systems, which, as a result, is propelling the technology hardware demand. The IT hardware market is expected to reach around $191.03 billion by 2029, exhibiting growth at a <a href="https://www.mordorintelligence.com/industry-reports/global-it-hardware-market">CAGR of 7.9%</a>.
Further, by now, the world has become familiar with the concept of AI and its application across all industries. <a href="https://explodingtopics.com/blog/technology-trends">Artificial Intelligence (AI)</a> has become the biggest trend in the tech space, and companies are still only exploring its potential. Hence, along with trends like quantum computing, robotics, and cybersecurity, AI will continue to rule in 2025.
With this, the <a href="https://www.thebusinessresearchcompany.com/report/it-services-global-market-report#:~:text=IT%20Services%20Market%20Size%202024,(CAGR)%20of%205.9%25.">IT services market</a> is expected to grow at a CAGR of 8.8%, resulting in a market value of $5.07 trillion by 2028, driven by rising e-commerce prevalence, adoption of IoT, emphasis on AI, leveraging of augmented reality (AR), and strategic partnerships and collaborations.
Given these favorable market trends, let us analyze the fundamentals of the top tech stocks such as HPQ, ZM, and LDOS.
HP Inc. (<a href="https://stocknews.com/stock/HPQ/">HPQ</a>)
HPQ provides personal computing and other digital access devices, imaging and printing products, and related technologies, solutions, and services globally. The company operates in three segments: Personal Systems; Printing; and Corporate Investments.
In terms of forward non-GAAP P/E, HPQ is trading at 9.67x, 63.3% lower than the industry average of 26.32x. Likewise, the stock's forward EV/Sales multiple of 0.73 is 77.6% lower than the industry average of 3.26. Similarly, its forward <a href="https://www.investopedia.com/ask/answers/032515/what-considered-favorable-price-sales-ratio.asp#:~:text=The%20Price%2Dto%2DSales%20Ratio,to%20deliver%20%241%20of%20revenue.">Price/Sales</a> of 0.61x is considerably lower than the 3.32x industry average.
On October 30, HPQ announced a new HP Amplify program for partners, HP Amplify AI, which is a customizable program designed to improve partner capabilities in achieving positive AI outcomes, offering AI guidance, tools, resources, training, and certification.
HPQ also announced other enhancements, including new AI-powered tools, refreshed HP Future Ready AI MasterClass content in multiple languages, and global expansion of the HP Business Partner Program.
For the fourth quarter, which ended October 31, 2024, HPQ reported total net revenue of $14.06 billion, which is 4% higher than the prior quarter. Its non-GAAP earnings from operations of $1.20 billion indicate growth of 10.2% from the quarter-ago value. Furthermore, the company's non-GAAP net earnings were $900 million and $0.93 per share, up 9.9% and 12% quarter-on-quarter, respectively.
As per the forecast for the fiscal 2025 first quarter, HPQ projects non-GAAP net EPS to be in the range of $0.70 to $0.76. Also, for the full fiscal 2025, the company expects non-GAAP net EPS between $3.45 and $3.75.
Analysts expect HPQ's revenue for the second quarter (ending April 2025) to increase 1.9% year-over-year to $13.05 billion, while the company's EPS for the same quarter is expected to grow 4.2% year-over-year to $0.85. Furthermore, the company surpassed the consensus revenue estimates in three of the trailing four quarters.
Shares of HPQ have surged 16.1% year-to-date and 15.1% over the past year to close the last trading session at $34.65.
HPQ's bright prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has a B grade for Value, Momentum, and Quality. Within the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry, HPQ is ranked #8 out of 40 stocks.
<a href="https://stocknews.com/stock/HPQ/">Click here</a> to access additional HPQ ratings for Sentiment, Growth, and Stability.
Zoom Video Communications, Inc. (<a href="https://stocknews.com/stock/ZM/">ZM</a>)
ZM provides a unified communications platform worldwide. It provides platforms like Zoom Meetings offering HD video, voice, chat, and content sharing, Zoom Phone, an enterprise cloud phone system, and Zoom Chat enables users to share messages, images, audio files, and content.
ZM's forward EV/EBITDA of 9.27x is 41.1% lower than the industry average of 15.74x. Also, the stock's forward Price/Book multiple of 2.88 is 35.5% lower than the industry average of 4.46. Also, its forward Price/Cash Flow of 13.10x is 42.4% lower than the industry average of 22.74x.
On October 9, ZM and ServiceNow (<a href="https://stocknews.com/stock/NOW/">NOW</a>) expanded their strategic alliance to enter into a new era of intelligence with smarter collaboration and peak productivity across the enterprise. The two companies' generative AI (GenAI) technologies, ServiceNow Now Assist and Zoom AI Companion, will integrate to offer organizations advanced workflow automation for tasks and activities across Zoom and ServiceNow.
Also, on October 3, ZM launched its industry-leading Zoom Phone in India. Zoom Phone brings MNCs with a domestic presence and homegrown companies unrivaled simplicity and modern functionality to their distributed hybrid workforce and global native coverage in 50 countries and territories.
ZM's revenue for the third quarter ended October 31, 2024, increased 3.6% year-over-year to $1.18 billion. Its gross profit grew 3.2% from the year-ago value to $893.66 million. The company's non-GAAP income from operations of $457.79 million indicates growth of 2.4% year-over-year.
Furthermore, the company's non-GAAP net income totaled $435.07 million and $1.38, up 8.4% and 7% over the prior year's quarter, respectively.
Analysts expect ZM's revenue and EPS for the fiscal year (ending January 2025) to increase 3.2% and 5.1% year-over-year to $4.67 billion and $5.47, respectively. Moreover, the company topped the consensus revenue and EPS estimates in each of the trailing four quarters.
Shares of ZM have gained 33.2% over the past six months and 15.5% over the past year to close the last trading session at $83.83.
ZM's sound fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has a B grade for Quality, Sentiment, and Value. Within the B-rated <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry, ZM is ranked #10 of 78 stocks.
<a href="https://stocknews.com/stock/ZM/">Click here</a> to access additional ratings of ZM for Momentum, Growth, and Stability.
Leidos Holdings, Inc. (<a href="https://stocknews.com/stock/LDOS/">LDOS</a>)
LDOS offers its services and solutions in the defense, intelligence, civil, and health markets internationally. The company operates in Defense Solutions; Civil; and Health segments. It offers national security solutions and air, land, sea, space, and cyberspace systems.
In terms of forward Price/Sales, LDOS is trading at 1.30x, 17.2% lower than the 1.57x industry average. Similarly, the stock's forward EV/EBIT of 13.80x is lower than the industry average of 17.53x. Also, its forward non-GAAP P/E of 15.82x is 25.5% lower than the industry average of 21.24x.
On October 31, LDOS was awarded a contract by the U.S. Department of Health and Human Services through its Health Resources and Services Administration (HRSA) to modernize the Organ Procurement and Transplant Network (OPTN). The multiple-award, indefinite-delivery/indefinite-quantity contract has a total potential value of $235 million.
On October 30, LDOS received a contract to provide critical supply support for weapons systems that keep the U.S. Navy and Marine Corps forces mission-ready. The Technical Assistance for Repairables Processing (TARP) contract was awarded by the Naval Supply Systems Command Fleet Logistics Center, supporting NAVSUP's Weapon Systems Support (WSS).
For the third quarter that ended September 27, 2024, LDOS' revenues rose 6.9% year-over-year to $4.19 billion, and its non-GAAP operating income grew 34.4% from the year-ago value to $562 million. The company's non-GAAP net income and EPS came in at $396 million and $2.93, reflecting growth of 39.9% and 44.3% from the prior year's quarter, respectively.
Also, the company's adjusted EBITDA rose 32.2% from the year-ago value to $596 million.
Street expects LDOS' revenue for the fourth quarter (ending December 2024) to grow 3.7% year-over-year to $4.13 billion, and its EPS is expected to grow 14.4% year-over-year to $2.28 for the same quarter. Moreover, the company has topped the consensus revenue and EPS estimates in all of the trailing four quarters.
Over the past six months, LDOS' stock has surged 10.7% and 47.9% over the past year to close the last trading session at $160.16.
LDOS' POWR Ratings reflect its bright prospects. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
LDOS has a B grade for Sentiment, Value, Momentum, and Quality. It is ranked #2 out of 78 stocks in the B-rated Technology - Services industry.
In addition to the POWR Ratings we've stated above, we also have LDOS' other ratings for Stability and Growth. Get all LDOS ratings <a href="https://stocknews.com/stock/LDOS/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
HPQ shares were trading at $34.45 per share on Wednesday afternoon, down $0.20 (-0.58%). Year-to-date, HPQ has gained 17.38%, versus a 29.06% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/hpq-zm-ldos-now-3-undervalued-tech-stocks-to-buy-before-the-year-ends/>3 Undervalued Tech Stocks to Buy Before the Year Ends</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Undervalued Tech Stocks to Buy Before the Year Ends

ServiceNow, Inc. (NOW) Barclays 22nd Annual Global Technology Conference (Transcript)

Truist analyst Joel Fishbein raised the firm's price target on ServiceNow (NOW) to $1,100 from $900 and keeps a Hold rating on the shares as part o...

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Varonis Systems (VRNS) announced it extended its data security coverage to ServiceNow (NOW). The integration expands Varonis' coverage to continuou...

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KeyBanc analyst Jackson Ader downgraded ServiceNow (NOW) to Sector Weight from Overweight. Published first on TheFly – the ultimate source for real...

ServiceNow downgraded to Sector Weight from Overweight at KeyBanc

Mizuho raised the firm's price target on ServiceNow (NOW) to $1,210 from $1,070 and keeps an Outperform rating on the shares as part of a 2025 outl...

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Press Releases

Pearson and ServiceNow Collaborate to Supercharge Workforce Development and Employee Experiences in the Age of AI

ServiceNow and Rimini Street partner on new enterprise software model to unlock value in existing ERP systems for net-new innovation, digital growth and scale

ServiceNow Names Enterprise Software Industry Veteran Amit Zavery as President, CPO, and COO to Lead Product and Engineering

ServiceNow Reports Third Quarter 2024 Financial Results

ServiceNow Unveils New Research on Government Organizations Setting the Pace for AI-Driven Transformation

ServiceNow and Five9 Expand Partnership With Turnkey AI-Powered Solution for Unified Employee and Customer Experiences

ServiceNow Advances Autonomous, Responsible AI on the Now Platform With New GenAI and Governance Innovations

ServiceNow and Microsoft Expand Strategic Alliance to Modernize the Front-Office With Copilot and AI Agents

ServiceNow and AWS Expand Strategic Collaboration With New Capabilities to Accelerate AI Transformation

ServiceNow Named a Leader in Task-Centric Automation Software by Independent Research Firm

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Service Nowは水曜日の取引終了後、第2四半期の業績を発表しました。第2四半期決算ServiceNowは26億2700万ドルの第2四半期売上を発表、コンセンサス予想（26億7000万ドル）を上回りました。同社は1株あたり3.13ドルの四半期利益を記録し、アナリストの予想を上回りました。
総収益は前年同年比22%増、サブスクリプション収益は前年同期比23%増となりました。また、ServiceNowは、残存パフォーマンス義務が186億ドルろとなり、前年同期比31%増となりました。
ServiceNowのエリートレベルの実行力は父っプラインの成長と収益性においては持続的なアウトパフォーマンスに現れている。
私たちの人工知能プラットフォームとしての存在意義は成長、合理化、デジタル化の新たなベクトルを求めるCEOたちにとってこれまで以上に強い。ServiceNowはその中垓をなすGenAIを活用して、あらゆる業界のすべての会社の業務プロセスを再発明するつもりだ。
ServiceNowは、AIによる自己サービスを通じて顧客体験を共同で向上させるための戦略的なコミットメントを発表した。また、同社は電気通信およびテクノロジー業界向けのデジタルおよびネットワークサービスのの先駆者であるProdaptへの戦略投資を発表した。

IBM（NYSE：<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>）のCEOアビンド・クリシュナ（Arvind Krishna）氏は、企業がAIの利用において大きな転換を予報し、同技術が実際にビジネスの成果をもたらすだろうと指摘しています。この発言は、同社のAIの予約が10億ドルを超えたことに関連しています。
クリシュナ氏は、第1四半期2024決算の電話会議中、特に生産性の向上と顧客体験を伝播する点において、グローバル経済における技術の重要性が増していると強調しました。
同CEOは、AIの実装に対する企業の関心が高まっていることも強調し、今後は顧客がAIの利益を生かすために実験から本格的な展開に移行すると予想しています。IBMのAI提供はコンサルティングサービスによって主に支えられた10億ドルを超えるビジネス収入を生み出しています。
クリシュナ氏は、AIおよびハイブリッドクラウドの成長を推進するための重要なパートナーシップを強調しました。その中には、AI機能とデジタルトランスフォーメーションを強化するために、NVIDIA（NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>）や、ServiceNow Inc（NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>）との提携も含まれています。また、Adobe Inc（NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>）のExperienceプラットフォーム内に、OpenShiftとwatsonxを追加しました。
クリシュナ氏は「今四半期、業界のリーダー企業と戦略的なパートナーシップを多く進展させ、NVIDIAとのコンサルティング業務を通じて、お客様のAIによる成長を加速させることが出来た」と述べています。
IBMのwatsonxプラットフォームを中心に据えた包括的なAI戦略は、お客様がAIをスケールさせるために設計されています。このプラットフォームは、IBMおよびサードパーティのモデルの両方を組み込んだAIソリューションを構築することができます。また、クライアントがAI戦略において自社のハードウェア投資を活用する際に、会社のインフラセグメントが果たしている役割も重要です。
IBMのAI処理からAIアクセラレーターカードまでのフルスタックアプローチは、どんなプラットフォーム上でのモデル構築とトレーニングを容易にするために設計されており、IBM Zでの簡単な展開が可能です。また、AI推論をリアルタイムに行うことができる、独自の機能であるTelumチップも内蔵されています。
また、IBMはAIを中心としたオープンイノベーションエコシステムにも関心を示しており、最近ではスペイン政府や他の業界リーダー企業とも提携を結んでいます。同社は引き続き、量子コンピューティングなどの新興技術への投資を続け、ポートフォリオ最適化に焦点を当てています。
IBMの2024年第1四半期決算電話会議は、年間収益は14.46億ドルの1％増であると発表されたものの、利益率が市場予想を下回る<a href="https://www.benzinga.com/news/earnings/24/04/38416255/ibm-q1-earnings-revenue-miss-eps-beat-hashicorp-acquisition-ai-strategy-strength-and-more">決算発表に続いて行われました</a>。同社のAI戦略と強みは、このような財務業績の中でも重要な要因として見られています。
IBMのAIに対する関心は古くからで、同社はAI分野で積極的に活動してきました。同社は、オープンAIモデルの推進から、50を超えるAI企業および研究機関とのオープンAI推進イニシアチブに<a href="https://www.benzinga.com/news/23/12/36085130/meta-ibm-and-over-50-ai-companies-join-forces-in-open-ai-advocacy-initiative">協力</a>してきました。同社のAIへのこのようなコミットメントが、第1四半期の業績および今後の見通しに反映されています。
IBMの株価動向: 本稿作成時点でのIBMの株価は168.51ドルで、取引時間後に8.47％下落しています（<a href="https://www.benzinga.com/quote/IBM" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>の情報による）。
次の記事を読む: Meta PlatformsのQ1決算ハイライト：Facebookの親会社は予想を上回るものの、見通しとコスト増が株価に影響を与える
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このコンテンツは、<a href="https://benzinga.com/apis" target="_blank" rel="noreferrer noopener">Benzinga APIs</a>の協力を得て一部制作されたもので、<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>がレビューし、Benzinga編集部が公開しました。

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