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Where Will ServiceNow Stock Be in 3 Years?


's (NYSE: NOW) stock has rallied more than 50% over the past three years as the S 500 advanced about 26%. The cloud software provider's shares suffered a steep decline in 2022 as the macro headwinds throttled its growth and compressed its valuations, but it bounced back in 2023 as it overcame some of those challenges.

So can ServiceNow's stock head even higher over the next three years? Let's review its business model, growth rates, and valuations to decide.

Image source: Getty Images.

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Source Fool.com

ServiceNow Inc. Stock

€776.50
-0.190%
ServiceNow Inc. shows a slight decrease today, losing -€1.500 (-0.190%) compared to yesterday.
Our community is currently high on ServiceNow Inc. with 101 Buy predictions and 5 Sell predictions.
With a target price of 968 € there is a positive potential of 24.66% for ServiceNow Inc. compared to the current price of 776.5 €.
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