What is NOW stock price target for 2026?

WallStSmart's 12-month price target for ServiceNow Inc is $50.12, representing 43.2% downside from the current price of $88.31.

What is NOW stock forecast?

ServiceNow Inc forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is NOW undervalued based on price targets?

Our DCF intrinsic value for ServiceNow Inc is $636.49, against a current price of $88.31. The margin of safety is 86.03%.

NOW

ServiceNow Inc

NYSE: NOW · TECHNOLOGY · SOFTWARE - APPLICATION

$88.31

-0.65% today

Updated 2026-04-29

Market cap

$92.99B

P/E ratio

53.67

P/S ratio

6.66x

EPS (TTM)

$1.68

Dividend yield

—

52W range

$81 – $211

Volume

21.8M

Market cap

$92.99B

P/E ratio

53.67

P/S ratio

6.66x

EPS (TTM)

$1.68

Dividend yield

—

52W range

$81 – $211

Volume

21.8M

ServiceNow Inc (NOW) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$88.31

Consensus

$230.84

+161.40%

2030 Target

$326.40

+269.61%

DCF

$636.49

+86.03% MoS

Current price

$88.31

Analyst consensus

$230.84

+161.40%

2030 Target

$326.40

+269.61%

Intrinsic (DCF)

$636.49

+86.03% MoS

32 analysts:

15 Buy2 Hold1 Sell

Management guidance

No specific CEO revenue targets for 2026-2030 found in provided data. CEO Bill McDermott has emphasized AI platform expansion and broadening total addressable market through acquisitions, but no quantified revenue guidance was disclosed in recent earnings calls or investor communications.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$550.80

$29.5B Rev × 20x P/S

Base case (2030)

$326.40

$29.5B Rev × 12x P/S

Bear case (2030)

$224.40

$29.5B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$9.0B	$11.0B	$13.3B	$16.1B	$19.1B	$22.4B	$25.9B	$29.5B
Revenue growth	—	22.4%	20.9%	21.5%	18.4%	17.2%	15.6%	13.9%
EPS	$1.81	$2.45	$3.51	$4.21	$5.07	$6.18	$7.33	$8.58
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$183.60	$214.20	$244.80	$285.60	$326.40

Catalysts & risks

Growth catalysts

+ AI platform monetization acceleration (Agentforce-style agentic AI adoption similar to Salesforce)

+ Federal government spending normalization post-2026 weakness (Stifel cited federal demand headwinds)

+ NVIDIA partnership expansion driving integrated AI-ops solutions

+ Armis acquisition integration expanding security-ops TAM

+ Customer spending on digital transformation and workflow automation

Key risks

- Macro uncertainty and federal spending contraction (Stifel downgrade from $180 to $135 on weak federal demand)

- Intensifying competition from Microsoft, Salesforce, Oracle in enterprise automation

- Stock down 33% YTD; valuation compression risk if growth decelerates below 18%

- AI adoption rate uncertainty — Gartner predicts AI assistant market decline by 2028 as agentic AI consolidates

- Currency headwinds and customer spending delays in international markets

Methodology

ServiceNow Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 32 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.