ServiceNow, Inc.(NOW)
NASDAQ

NOW Stock Analysis — May 2026

$102.13
2.44 (2.45%)

NOW Stock Price Today (May 2026) — ServiceNow, Inc. Analysis & Key Metrics 2026-05-22

ServiceNow, Inc. (NOW) is trading at $102.13, up 2.45% today (as of May 2026). The stock continues to show early recovery signs above the short-term average, attracting attention from investors looking for Technology growth opportunities.

  • According to consensus analyst estimates, the 1-year price target is $142.04 (39.1% upside).
  • Volatility remains elevated (49.18% annualized), implying wide price swings for short-term traders.
  • The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (22.10% YoY) alongside significant competitive pressures.

NOW Stock Analysis: Key Metrics & Valuation (May 2026)

Concise, actionable data for investors

Trend posture
Short-term pullback in long-term uptrend
Analyst 1Y target142.0439.1%
Volatility (30d ann.)49.1843High
RSI (14-day)
61.24 (Neutral)
Debt$2.43B (20.73 D/E)

ServiceNow, Inc. - Historical Price & Volume

$102.13
-45.57 (-30.85%)
Price
Volume
Current Price Line
Range: 2Y

Market Cap

$94.01B

Enterprise Value: $91.26B

P/E Ratio

54.26

Forward P/E: 18.22

Revenue Growth

+22.10%

Year over Year

Analyst Target

$142.04

+39.1% upside potential

Key Investor Questions About NOW

What investors need to know before buying

Is it a good time to buy NOW stock?

Based on current market data, NOW presents a neutral technical setup with caution warranted fundamentals.

  • Technicals say: Neutral (RSI 61.24)
  • Fundamentals say: Caution warranted (high leverage concerns)
Can NOW sustain revenue growth in the Software - Application market?

NOW's growth trajectory depends on its ability to expand within the Software - Application sector while managing margin pressures.

  • Future growth will depend on performance in core Software - Application operations.
  • The ability to manage competitive pressures will be crucial for sustained growth.
What are the biggest risks facing NOW stock?

The primary risks for NOW investors include debt exposure and competitive dynamics in the Software - Application industry.

  • $2.43B in debt could be a headwind in a high-rate environment.
  • Fierce competition from established players in Software - Application.

52-Week Trading Range

52-Week Low$81.24
52-Week High$211.48
Current Price$102.13

Over the past year, NOW stock traded between $81.24 and $211.48—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility49.18%
Beta1.00
RSI (14-day)61.24

With 49.18% annualized volatility and β=1.00, the stock exhibits moderate correlation to market moves—making NOW suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership20.00%
Institutional Ownership90.51%
Shares Short38.95M

High institutional backing, but elevated short interest signals a potential battleground stock.

Analyst Sentiment & Price Targets

Mean Target
$142.04
Upside Potential
39.1%
Recommendation
strong_buy
Analysts see strong upside potential with a target of $142.04. The 39.1% upside suggests optimistic growth expectations.

Latest News & Headlines

Recent headlines and coverage

StockStoryMay 24, 2026

Braze, GitLab, and Manhattan Associates Shares Are Soaring, What You Need To Know

A number of stocks jumped in the afternoon session after Treasury yields cooled and risk-on rotation lifted AI-linked growth names, helping the SaaS sector recover from the previous day's Intuit-driven sell-off.

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Why The Trade Desk (TTD) Stock Is Up Today

Shares of digital advertising platform The Trade Desk (NASDAQ:TTD) jumped 3.1% in the afternoon session after Treasury yields cooled and risk-on rotation lifted AI-linked growth names, helping the sector recover from the previous day's Intuit-driven sell-off.

StockStoryMay 24, 2026

Domo and monday.com Stocks Trade Up, What You Need To Know

A number of stocks jumped in the afternoon session after Treasury yields cooled and risk-on rotation lifted AI-linked growth names, helping the SaaS sector recover from the previous day's Intuit-driven sell-off.

StockStoryMay 24, 2026

Atlassian, Dynatrace, and Nutanix Shares Skyrocket, What You Need To Know

A number of stocks jumped in the afternoon session after Treasury yields cooled and risk-on rotation lifted AI-linked growth names, helping the SaaS sector recover from the previous day's Intuit-driven sell-off.

StockStoryMay 24, 2026

JFrog (FROG) Stock Is Up, What You Need To Know

Shares of software supply chain platform JFrog (NASDAQ:FROG) jumped 3.8% in the afternoon session after Treasury yields cooled and risk-on rotation lifted AI-linked growth names, helping the SaaS sector recover from the previous day's Intuit-driven sell-off.

Insider MonkeyMay 23, 2026

Jim Cramer Discusses ServiceNow’s (NOW) Share Price Performance

We recently published Jim Cramer Took A Side On Biggest AI Debate & Discussed These 13 Stocks. ServiceNow, Inc. (NYSE:NOW) is one of the stocks discussed by Jim Cramer. Enterprise workflow management software provider ServiceNow, Inc. (NYSE:NOW)’s shares are down by 50.9% over the past year and by 32% year-to-date. Bank of America discussed the […]

BarchartMay 23, 2026

Bridgewater Associates Is Trading the Software Apocalypse as It Sells Workday, Salesforce, Other Key SaaS Stocks

Bridgewater’s massive exit from top SaaS stocks is fueling fears that AI could upend the traditional software business model and reshape the next era of tech investing.

Simply Wall St.May 23, 2026

ServiceNow Experian Alliance Targets Governance Heavy AI Workflows At Scale

ServiceNow (NYSE:NOW) and Experian have entered a global partnership to integrate Experian's data and decisioning capabilities into the ServiceNow AI Platform. The collaboration is aimed at helping enterprises automate governance heavy workflows, including employee onboarding, risk assessment, and identity verification, using autonomous AI agents. The partnership is positioned to help enterprises run production grade AI workflows, particularly in regulated sectors that rely on trusted...

Motley FoolMay 23, 2026

Is This Beaten-Down AI Stock a Buy at Current Levels?

This top software stock is down 60%, but Nvidia just strengthened the bull case.

BarchartMay 22, 2026

Stocks Settle Higher on Iran Peace Hopes and Tech Strength

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.37%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.42%. June E-mini S&P futures (ESM26 ) rose +0.35%, and June E-mini Nasdaq futures...

Frequently Asked Questions

Common investor questions about ServiceNow, Inc.

ServiceNow, Inc. (NOW) is currently trading at $102.13. The RSI (14-day) is at 61.2, indicating neutral territory. Wall Street analysts have a consensus "strong_buy" recommendation. The mean analyst price target of $142.04 implies 39.1% upside from current levels. Volatility is high at 49.2% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.

Based on current valuation metrics for ServiceNow, Inc. (NOW): The trailing P/E ratio is 54.26, which is above the market average, indicating investors are pricing in higher growth expectations. The forward P/E is 18.22, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 0.88, below 1.0, which generally indicates the stock is undervalued relative to its growth rate. Price-to-Book is 8.02. Price-to-Sales is 6.73. Valuation should be compared to Software - Application industry peers for context, as different sectors trade at different multiples.

Based on 43 analysts covering NOW, the consensus price target is $142.04. This represents a 39.1% upside from the current price of $102.13. The range spans from a low target of $85.00 to a high target of $226.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "strong_buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.

ServiceNow, Inc. (NOW) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.

Key risks for ServiceNow, Inc. (NOW) investors include: 1. High volatility (49.2% annualized)—the stock can experience significant daily price swings. 2. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 3. Software - Application sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.

Here is ServiceNow, Inc.'s (NOW) current debt and financial health profile: Total debt stands at $2.43B. The debt-to-equity ratio is 20.73, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 0.84, which is below 1.0 and may indicate short-term liquidity concerns. The quick ratio is 0.69. The company holds $5.18B in cash and equivalents. Free cash flow is positive at $5.11B, providing a cushion for debt servicing and shareholder returns.