ServiceNow Inc. Stock
€738.80
Your prediction
ServiceNow Inc. Stock
Pros and Cons of ServiceNow Inc. in the next few years
Pros
Cons
Performance of ServiceNow Inc. vs. its peers
Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
---|---|---|---|---|---|---|---|
ServiceNow Inc. | 0.000% | 4.898% | 21.995% | 43.456% | 15.981% | 58.848% | 189.215% |
Gartner Inc. | -1.170% | -2.143% | 6.203% | 27.966% | 0.489% | 92.009% | - |
CrowdStrike Holdings Inc | -0.350% | -0.679% | 23.992% | 166.270% | 55.320% | 68.381% | - |
Akamai Tech. | 0.510% | 2.610% | -0.588% | 2.948% | -21.488% | -15.031% | 19.499% |
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sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.ServiceNow (NYSE: NOW) is a company with impressive financials, demonstrating strong performance in its industry. The corporation has shown consistent growth over the past few years, with total assets, revenue, and cash all increasing. As an analyst from the Software & IT Services industry, it is crucial to dig deeper and explore the factors contributing to the company's performance, analyzing the pros and cons of investing in ServiceNow's financials.
Growing Total Assets and Revenue: ServiceNow's financials reveal a notable increase in total assets, from $8.7 billion in 2020 to $13.6 billion as of Q1 2023. This indicates a healthy financial growth and attractive investment potential. Additionally, the company's revenue has also shown steady growth, with an increase from $4.5 billion in 2020 to $7.2 billion in 2022, and further $2.1 billion for Q1 2023 alone.
Increasing Gross Profit: ServiceNow's gross profit has consistently risen over the years, with a steady increase from $3.5 billion in 2020 to $5.6 billion in 2022. This suggests that the company's ability to generate a profit from its core business operations is improving.
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News
![ServiceNow debuts as a Leader in P&C Claims Management Systems report by independent research firm: https://mms.businesswire.com/media/20200429005875/en/788155/5/ServiceNow_logo_registered_april_28_2020.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNlZ1TWc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--3bb421ae697086e5a71baa9939d78bf25c7a99cf/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/ServiceNow_logo_registered_april_28_2020.jpg?locale=us)
ServiceNow debuts as a Leader in P&C Claims Management Systems report by independent research firm
ServiceNow (NYSE: NOW), the AI platform for business transformation, has been named a Leader in the Forrester Wave™: P&C Claims Management Systems, Q2 2024 for the first time. This rating
![Where Will ServiceNow Stock Be in 3 Years?: https://g.foolcdn.com/editorial/images/780139/it-security-worker.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMyszYkE9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--73303ccf0ba80b4f965ffbed040f775faf1c2bcd/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/it-security-worker.jpg?locale=us)
Where Will ServiceNow Stock Be in 3 Years?
ServiceNow's (NYSE: NOW) stock has rallied more than 50% over the past three years as the S&P 500 advanced about 26%. The cloud software provider's shares suffered a steep decline in 2022 as the
![ServiceNow Named a Worldwide Leader in IDC MarketScape for Multicloud and Hybrid Cloud Management With Automation: https://mms.businesswire.com/media/20200429005875/en/788155/5/ServiceNow_logo_registered_april_28_2020.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNlZ1TWc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--3bb421ae697086e5a71baa9939d78bf25c7a99cf/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/ServiceNow_logo_registered_april_28_2020.jpg?locale=us)
ServiceNow Named a Worldwide Leader in IDC MarketScape for Multicloud and Hybrid Cloud Management With Automation
ServiceNow (NYSE: NOW), the AI platform for business transformation, has been named a Leader in the IDC MarketScape: Worldwide Multicloud and Hybrid Cloud Management with Automation, 2024 Vendor