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.
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Source Fool.com
ServiceNow Inc. Stock
€88.16
-1.830%
Currently there is a rather positive sentiment for ServiceNow Inc. with 107 Buy predictions and 7 Sell predictions.
Based on the current price of 88.16 € the target price of 185 € shows a potential of 109.85% for ServiceNow Inc. which would more than double the current price.
