Beyond The Numbers: 21 Analysts Discuss ServiceNow Stock
Portfolio Pulse from Benzinga Insights
In the last three months, 21 analysts have provided diverse ratings on ServiceNow (NYSE:NOW), with an average 12-month price target of $840.76, marking a 12.5% increase from the previous target. The ratings range from bullish to bearish, with the majority being bullish. ServiceNow's financial performance shows a revenue growth of 25.62%, a net margin of 12.11%, and strong ROE and ROA figures, indicating robust financial health and management efficiency.
March 20, 2024 | 5:00 pm
News sentiment analysis
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ServiceNow has received diverse analyst ratings, with a new average 12-month price target of $840.76, indicating a positive outlook. The company's financial performance, including significant revenue growth and strong profitability metrics, supports a bullish sentiment.
The positive analyst ratings and increased price target reflect confidence in ServiceNow's financial health and growth prospects. The company's strong revenue growth, net margin, and efficient management as indicated by ROE and ROA, support a bullish outlook for the stock in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100