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ServiceNow Inc Stock Research

NOW

442.39USD+20.13(+4.77%)Market Closed

Market Summary

USD442.39+20.13
Market Closed
4.77%

NOW Alerts

NOW Stock Price

NOW RSI Chart

NOW Valuation

Market Cap

89.8B

Price/Earnings (Trailing)

276.19

Price/Sales (Trailing)

12.39

EV/EBITDA

102.78

Price/Free Cashflow

41.31

NOW Price/Sales (Trailing)

NOW Profitability

Operating Margin

78.29%

EBT Margin

5.51%

Return on Equity

6.46%

Return on Assets

2.44%

Free Cashflow Yield

2.42%

NOW Fundamentals

NOW Revenue

Revenue (TTM)

7.2B

Revenue Y/Y

20.2%

Revenue Q/Q

5.95%

NOW Earnings

Earnings (TTM)

325.0M

Earnings Y/Y

476.92%

Earnings Q/Q

88.09%

Price Action

52 Week Range

337.00601.62
(Low)(High)

Last 7 days

-5.5%

Last 30 days

-8.4%

Last 90 days

5.4%

Trailing 12 Months

-17.9%

NOW Financial Health

Current Ratio

1.11

NOW Investor Care

Shares Dilution (1Y)

1.65%

Diluted EPS (TTM)

1.6

Peers (Alternatives to ServiceNow)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MSFT
2.1T
204.1B
 -1.92% -6.89%
30.5
10.08
 10.38% -5.25%
ORCL
228.6B
46.1B
 -7.20% 4.35%
25.98
4.96
 11.29% -14.28%
CRM
186.7B
31.4B
 6.91% -6.75%
897.78
5.96
 19.41% -85.60%
ADBE
163.2B
17.6B
 -11.04% -20.88%
34.32
9.27
 11.54% -1.37%
ZM
20.9B
4.4B
 -7.13% -28.23%
201.15
4.75
 7.15% -92.46%
AZPN
12.1B
-
 -3.12% 49.09%
44.35
17.39
 - -
MID-CAP
PLAN
9.6B
631.5M
 -1.97% 16.85%
-45.68
15.19
 33.30% -26.60%
MANH
8.9B
767.1M
 -2.98% 9.04%
69.2
11.63
 15.59% 16.73%
GWRE
6.5B
869.9M
 3.14% -9.62%
-33
7.53
 13.87% -103.37%
APPN
3.1B
468.0M
 2.00% -15.48%
-20.53
6.62
 26.74% -70.26%
PING
2.4B
308.3M
 1.17% 7.67%
-23.16
7.93
 13.75% -237.98%
SMALL-CAP
ZUO
1.2B
383.7M
 4.07% -32.35%
-9.91
3.24
 14.43% -50.89%
YEXT
1.2B
399.9M
 30.95% 57.36%
-14.32
2.91
 4.73% 8.15%
UPLD
152.1M
317.3M
 -43.48% -70.17%
-2.22
0.48
 5.06% -17.52%

Financials for ServiceNow

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.7%7,2456,9196,6006,2575,896
Cost Of Revenue2.7%1,5731,5321,4821,4221,353
Gross Profit5.3%5,6725,3875,1184,8354,543
Operating Expenses3.2%5,3175,1524,9004,5884,286
  S&GA Expenses3.3%2,8142,7242,6062,4412,292
  R&D Expenses3.6%1,7681,7061,6081,4971,397
EBITDA20.0%859716697729-
EBITDA Margin14.6%0.12*0.10*0.11*0.12*-
Earnings Before Taxes60.9%399248214235249
EBT Margin53.6%0.06*0.04*0.03*0.04*-
Interest Expenses0%27.0027.0026.0027.0028.00
Net Income61.9%325201184223230
Net Income Margin54.6%0.04*0.03*0.03*0.04*-
Free Cahsflow14.4%2,1731,8992,0221,949-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets19.7%13,29911,10611,10210,99310,798
  Current Assets21.5%6,6545,4765,3325,4425,220
    Cash Equivalents17.8%1,4701,2481,6642,2521,728
  Net PPE15.2%1,053914876798766
  Goodwill3.8%824794803774777
Liabilities25.6%8,2676,5836,9086,9967,103
  Current Liabilities35.5%6,0054,4324,7434,8524,949
    LT Debt, CurrentNaN%---88.0092.00
Shareholder's Equity11.3%5,0324,5234,1943,9973,695
  Retained Earnings79.8%33818810888.00-4.00
  Additional Paid-In Capital6.4%4,7964,5074,1863,9253,665
Accumulated Depreciation-825----
Shares Outstanding0.4%203202201200200
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations13.2%2,7232,4052,4602,3272,191
  Share Based Compensation4.5%1,4011,3411,2711,2001,131
Cashflow From Investing-24.9%-2,583-2,068-1,636-1,450-1,607
Cashflow From Financing18.9%-344-424-462-433-506

Risks for NOW

What is the probability of a big loss on NOW?

75.8%

Probability that ServiceNow stock will be more than 20% underwater in next one year

18.5%

Probability that ServiceNow stock will be more than 30% underwater in next one year.

9.6%

Probability that ServiceNow stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NOW drawdown profile look like?

Y-axis is the maximum loss one would have experienced if ServiceNow was unfortunately bought at previous high price.

Drawdowns

Returns for NOW

Cumulative Returns on NOW

27.5%

10-Year Cumulative Returns

31.4%

7-Year Cumulative Returns

20.0%

5-Year Cumulative Returns

13.7%

3-Year Cumulative Returns

What are the long-term rolling returns for NOW?

FIve years rolling returns for ServiceNow.

Annualized Returns

Which funds bought or sold NOW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-4.51
-26,273
1,335,730
 0.04%
2023-03-13
Claro Advisors LLC
new
-
201,124
201,124
 0.07%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.49
2,733,920
120,469,000
 0.13%
2023-03-10
MATHER GROUP, LLC.
added
22.04
156,880
771,880
 0.01%
2023-03-08
SHEETS SMITH WEALTH MANAGEMENT
reduced
-2.91
-3,061
1,815,940
 0.28%
2023-03-06
Rockefeller Capital Management L.P.
added
10.75
2,063,000
16,920,000
 0.09%
2023-03-03
TIAA, FSB
added
900
9,717,620
10,763,600
 0.04%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
128,089,000
128,089,000
 1.58%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
added
214
5,542
8,542
 -%
2023-03-01
Regal Investment Advisors LLC
new
-
242,280
242,280
 0.02%

1–10 of 48

Latest Funds Activity

Are funds buying NOW calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own NOW
No. of Funds

NOW Alerts

ServiceNow News

MarketBeat

DNB Asset Management AS Sells 263 Shares of ServiceNow, Inc ....

MarketBeat,
6 hours ago

Defense World

ServiceNow, Inc. (NYSE:NOW) Shares Purchased by IHT Wealth ....

Defense World,
12 hours ago

Nasdaq

Guru Fundamental Report for NOW.

Nasdaq,
2 days ago

SiliconRepublic.com

Weathering instability: A guide for businesses.

SiliconRepublic.com,
2 days ago

Galveston County Daily News

ServiceNow Reports New Hire Equity Grants | Business | The Daily ....

Galveston County Daily News,
3 days ago

Nasdaq

NOW Makes Bullish Cross Above Critical Moving Average.

Nasdaq,
3 days ago

Best Stocks

Adobe Stock Surges Following Impressive Q1 Results.

Best Stocks,
3 days ago

PR Newswire

Claroty Announces Vulnerability Response Integrations with ....

PR Newswire,
3 days ago

Nasdaq

Twilio (TWLO), PolyAI Tie Up to Offer Conversational Assistants.

Nasdaq,
3 days ago

Yahoo Finance

Fortinet (FTNT) SD-WAN to Boost ENOC's Operational Efficiency.

Yahoo Finance,
3 days ago

Benzinga

3CLogic to Showcase New Platform for ServiceNow at Knowledge 2023.

Benzinga,
3 days ago

Moody's

Moody's upgrades ServiceNow's rating to A3; outlook stable.

Moody's,
4 days ago

MarketBeat

Bank of New York Mellon Corp Lowers Holdings in ServiceNow, Inc ....

MarketBeat,
4 days ago

Benzinga

CyberGRX Integrates with ServiceNow to Streamline Third-Party Cyber Risk Programs.

Benzinga,
4 days ago

Nasdaq

Notable Tuesday Option Activity: ULTA, TSLA, NOW.

Nasdaq,
5 days ago

POLITICO

Playbook PM: Mixed signals in the latest inflation data.

POLITICO,
5 days ago

Schedule 13G FIlings of ServiceNow

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
7.3%
14,835,508
SC 13G/A
Feb 09, 2023
vanguard group inc
8.46%
17,096,661
SC 13G/A
Jan 30, 2023
blackrock inc.
7.8%
15,839,185
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
7.0%
14,141,402
SC 13G/A
Feb 03, 2022
blackrock inc.
8.1%
16,190,700
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
7.7%
15,165,843
SC 13G/A
Feb 10, 2021
vanguard group inc
7.96%
15,538,063
SC 13G/A
Feb 01, 2021
blackrock inc.
8.2%
16,090,360
SC 13G/A
Feb 14, 2020
capital world investors
2.7%
5,176,065
SC 13G/A
Feb 14, 2020
price t rowe associates inc /md/
9.6%
18,204,867
SC 13G/A

NOW Fair Value

ServiceNow fair value in different scenarios

The table shows the Fair Value estimates for ServiceNow for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

71.73

-83.79%

93.87

-78.78%

176.09

-60.20%

303.73

-31.34%

527.39

19.21%
Current Inflation

65.51

-85.19%

84.30

-80.94%

154.08

-65.17%

261.15

-40.97%

448.60

1.40%
Very High Inflation

57.87

-86.92%

72.80

-83.54%

128.34

-70.99%

212.24

-52.02%

358.98

-18.85%

Historical ServiceNow Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of ServiceNow

View All Filings
Date Filed Form Type Document
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 22, 2023
4
Insider Trading

Latest Insider Trading transactions for NOW

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-28
Canney Jacqueline P
sold
-200,379
431
-464
chief people officer
2023-02-27
Caimi Lara
sold
-1,283,940
431
-2,975
chief custmr ofc-gm impact svc
2023-02-21
Bedi Christopher
sold
-103,205
431
-239
chief digital information ofc
2023-02-21
Smith Paul John
sold
-178,316
433
-411
chief commercial officer
2023-02-21
Tzitzon Nicholas
sold
-430,183
430
-1,000
chief strat & corp affairs ofc
2023-02-17
Mastantuono Gina
acquired
-
-
1,898
chief financial officer
2023-02-17
McDermott William R
sold (taxes)
-1,101,920
439
-2,510
chairman & ceo
2023-02-17
Bedi Christopher
acquired
-
-
1,423
chief digital information ofc
2023-02-17
Caimi Lara
sold (taxes)
-255,943
439
-583
chief custmr ofc-gm impact svc
2023-02-17
Desai Chirantan Jitendra
acquired
-
-
3,007
president & coo

1–10 of 50

About ServiceNow

William R. McDermott
www.servicenow.com
16900
ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. It operates the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools. The company also provides information technology (IT) service management applications; IT service management product suite for enterprise's employees, customers, and partners; IT business management product suite; IT operations management product that connects a customer's physical and cloud-based IT infrastructure; IT Asset Management to automate IT asset lifecycles; and security operations that connects with internal and third party. In addition, it offers governance, risk, and compliance product to manage risk and resilience; human resources, legal, and workplace service delivery products; safe workplace applications; customer service management product; and field service management applications. Further, it provides App Engine product; IntegrationHub enables application to extend workflows; and professional, industry solutions, and customer support services. It serves government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer products through direct sales team and resale partners. It has a strategic partnership with Celonis to help customers identify and prioritize processes that are suitable for automation. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. The company was founded in 2004 and is headquartered in Santa Clara, California.

NOW Income Statement

2022-12-31
Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:   
Total revenues$ 7,245$ 5,896$ 4,519
Cost of revenues:   
Total cost of revenues[1]1,5731,353987
Gross profit[1]5,6724,5433,532
Operating expenses:   
Sales and marketing[1]2,8142,2921,855
Research and development[1]1,7681,3971,024
General and administrative[1]735597454
Total operating expenses[1]5,3174,2863,333
Income from operations355257199
Interest expense(27)(28)(33)
Other income (expense), net7120(16)
Income before income taxes399249150
Provision for income taxes741931
Net income$ 325$ 230$ 119
Net income per share - basic (in USD per share)$ 1.61$ 1.16$ 0.61
Net income per share - diluted (in USD per share)$ 1.60$ 1.13$ 0.59
Weighted-average shares used to compute net income per share - basic (in shares)201,430,000198,094,000193,096,000
Weighted-average shares used to compute net income per share - diluted (in shares)203,535,000203,167,000202,478,000
Other comprehensive income (loss):   
Foreign currency translation adjustments$ (70)$ (41)$ 66
Unrealized gains (losses) on investments, net of tax(66)(19)3
Other comprehensive income (loss)(136)(60)69
Comprehensive income189170188
Subscription   
Revenues:   
Total revenues6,8915,5734,286
Cost of revenues:   
Total cost of revenues[1]1,1871,022731
Professional services and other   
Revenues:   
Total revenues354323233
Cost of revenues:   
Total cost of revenues[1]$ 386$ 331$ 256
[1]Includes stock-based compensation as follows:
 Year Ended December 31,
 202220212020
Cost of revenues:
Subscription$157 $128 $98 
Professional services and other67 59 52 
Operating expenses:
Sales and marketing459 389 320 
Research and development495 395 282 
General and administrative223 160 118 

NOW Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 1,470$ 1,728
Short-term investments2,8101,576
Accounts receivable, net1,7251,390
Current portion of deferred commissions369303
Prepaid expenses and other current assets280223
Total current assets6,6545,220
Deferred commissions, less current portion742623
Long-term investments2,1171,630
Property and equipment, net1,053766
Operating lease right-of-use assets682591
Intangible assets, net232287
Goodwill824777
Deferred tax assets636692
Other assets359212
Total assets13,29910,798
Current liabilities:  
Accounts payable27489
Accrued expenses and other current liabilities975850
Current portion of deferred revenue4,6603,836
Current portion of operating lease liabilities9682
Current debt, net092
Total current liabilities6,0054,949
Deferred revenue, less current portion7063
Operating lease liabilities, less current portion650556
Long-term debt, net1,4861,484
Other long-term liabilities5651
Total liabilities8,2677,103
Commitments and contingencies
Stockholders’ equity:  
Preferred stock, $0.001 par value; 10,000 shares authorized; no shares issued or outstanding00
Common stock, $0.001 par value; 600,000 shares authorized; 202,882 and 199,608 shares issued and outstanding at December 31, 2022 and 2021, respectively00
Additional paid-in capital4,7963,665
Accumulated other comprehensive income (loss)(102)34
Retained earnings (accumulated deficit)338(4)
Total stockholders’ equity5,0323,695
Total liabilities and stockholders’ equity$ 13,299$ 10,798
Common stock, shares authorized (in shares)600,000,000 
Common stock, shares, issued (in shares)202,882,000199,608,000