Share prices of ServiceNow (NOW 0.74%) popped after the software company reported strong revenue growth to start the year and raised its guidance. While it's still trading down about 10% year to date, as of this writing, the stock is up about 27% over the past year. Meanwhile, it has been a huge winner over the past decade, up more than 1,150% during that span.The software-as-a-subscription (SaaS) company is best known for its information technology (IT) management platform, which is widely used by IT depar ...

The stock market has gotten off to a rocky start this year, but market volatility is a small price to pay for the large gains of holding shares of a great business over many years. If you put your money in the right growth stocks, you can build wealth that lasts for generations. Consider that Coca-Cola has been around since 1886, yet its stock is still hitting new highs in 2025. If you have $2,000 extra cash you don't need for other life priorities, putting that cash to work in shares of leading artificial ...

Trading in shares of ServiceNow, Inc. NOW is quiet on Friday. This comes after Thursday's rally of more than 15%. The company reported earnings of $4.04 per share, which was ahead of consensus estimates of $3.83.If the stock keeps moving ahead, there is a good chance it can stall out around the $1,000 level. This is why our team of technical analysts has made it our Stock of the Day.You can see on the chart that this level was support in November, January and February.Round levels, such as $1,000, are calle ...

ServiceNow TodayNOWServiceNow$934.80 +122.10 (+15.02%) 52-Week Range$637.99▼$1,198.09P/E Ratio137.04Price Target$1,032.10Add to WatchlistNow is the time to buy ServiceNow NYSE: NOW because, after correcting 40% from its early 2025 high, the rebound is on. The Q1 results sent the share price up more than 15% to confirm a significant technical reversal. The market shows a textbook head & shoulders reversal pattern strengthened by the robust post-release move and subsequent march higher.  The market for NOW s ...

ServiceNow (NOW 14.86%) stock is surging Thursday after the company reported better-than-expected first-quarter results. The software company's share price had risen 15.2% as of 11:45 a.m. ET. Meanwhile, the S&P 500 was up 1.2%, and the Nasdaq Composite was up 1.7%.ServiceNow published its Q1 results after market close yesterday and delivered a substantial earnings beat. Making the report even better, the company increased its full-year performance targets.ServiceNow stock soars on strong Q1 profitServiceNo ...

Bill McDermott, chairman and CEO of ServiceNow, speaks during an interview on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 26, 2023."While our business remains strong, we are only flowing through part of those benefits into our full‑year outlook," to account for any pending risks from the geopolitical environment, the company said in a release.ServiceNow reported net income of $460 million, or $2.20 per share. That's up from $347 million, or $1.67 per share in the year-ago ...

ServiceNow (NOW) reported first-quarter 2025 adjusted earnings of $4.04 per share, which beat the Zacks Consensus Estimate by 6.60% and increased 18.5% year over year.Revenues of $3.09 billion surpassed the consensus mark by 0.18% and increased 18.6% year over year. At constant currency (cc), revenues increased 19.5% year over year to $3.12 billion.Following the results, NOW shares jumped 9.2% in the pre-market trading.ServiceNow’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, th ...

More than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid management team, a sound capital allocation policy, and, most importantly, reasonable valuation. I do not chase quarterly results, nor do I follow the herd mentality. I do not use short-term stock performance as the measure of a company' ...

Financial Data and Key Metrics Changes - Subscription revenue for Q1 2025 was $3.005 billion, growing 20% year over year in constant currency, slightly above the high end of guidance [48] - Remaining performance obligation (RPO) ended at approximately $22.1 billion, representing 25.5% year over year constant currency growth [48] - Non-GAAP operating margin was 31%, 100 basis points above guidance, and free cash flow margin was 48%, up approximately 100 basis points year over year [56] Business Line Data and Key Metrics Changes - The number of deals greater than $1 million in net new annual contract value (ACV) was 72, up from 63 a year ago, with nine deals over $5 million [10][51] - Technology workflows had 36 deals over $1 million, including two over $5 million [11] - Core business workflows, including employee, finance, and supply chain solutions, were in half of the top 20 deals, with eight deals over $1 million [12] Market Data and Key Metrics Changes - Manufacturing delivered over 100% year over year growth in net new ACV, while healthcare and life sciences grew over 70% year over year [49] - The US public sector grew by over 30% year over year, with significant contributions from federal deals [22][49] Company Strategy and Development Direction - The company is focused on AI-driven transformation, with strong demand for its AI platform and a healthy pipeline [17][19] - ServiceNow aims to expand its addressable market, entering new areas such as data management with RaptorDB and enhancing CRM capabilities through acquisitions [26][31] - The intent to acquire Moveworks and Logic AI is part of a strategy to enhance employee self-service and CRM capabilities, respectively [30][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate macroeconomic uncertainties, emphasizing strong demand and a robust pipeline [72][74] - The guidance for 2025 was raised, reflecting optimism despite potential risks from geopolitical factors [61][64] - The company is committed to driving operational efficiencies and maintaining profitability through AI integration [146][148] Other Important Information - The company ended the quarter with $10.9 billion in cash and investments, and a share repurchase program was initiated [57] - The renewal rate remained at 98%, indicating strong customer retention [50] Q&A Session Summary Question: Insights on federal opportunities and enterprise customer decision-making - Management noted that demand remains strong, with customers focused on future growth and cost efficiency, despite geopolitical uncertainties [72][74] Question: Impact of Moveworks acquisition on technology execution - The acquisition is expected to enhance AI capabilities and provide a unified user experience, allowing for broader customer engagement [81][84] Question: CRM market ambitions and integration strategy - The company aims to redefine CRM with a fully integrated AI-powered approach, addressing complex customer needs efficiently [92][96] Question: Public sector growth and guidance context - The 30% growth in the public sector was in net new ACV, and management remains optimistic about long-term opportunities despite short-term conservatism in guidance [104][108] Question: Trends in Pro Plus adoption and growth initiatives - Pro Plus adoption is expected to continue growing, supported by strong customer interest in AI-driven efficiencies [132][135] Question: Short-term backlog growth and seasonality - Management confirmed that the expected seasonality of bookings and CRPO remains unchanged despite macroeconomic conditions [141]

Core Insights - ServiceNow reported strong Q1 2025 earnings, with adjusted EPS of $4.04 surpassing the forecasted $3.83, driven by robust subscription revenue growth [1][2] - Overall revenue reached $3.09 billion, reflecting an 18.5% year-over-year increase, slightly above expectations [1][3] Financial Performance - Adjusted EPS for Q1 2025 was $4.04, up 18.5% from $3.41 in Q1 2024 [3] - Total revenue was $3.09 billion, compared to $2.6 billion in Q1 2024, marking an 18.5% increase [3] - Subscription revenue amounted to $3.03 billion, a 20% increase from $2.52 billion in Q1 2024 [3] - Current remaining performance obligation (cRPO) increased by 22% to $10.31 billion, up from $8.45 billion in Q1 2024 [3][6] Business Overview - ServiceNow specializes in enterprise cloud computing, focusing on digital workflow automation and IT service management [4] - The company emphasizes AI-driven enhancements to maintain competitive advantage and drive growth [4][5] Strategic Initiatives - ServiceNow is expanding its AI capabilities and forming strategic partnerships to enhance its services [5] - The launch of the agentic AI service and partnerships with Aptiv and Vodafone Business are key highlights of its AI integration efforts [7] Future Outlook - For Q2 2025, ServiceNow forecasts subscription revenue between $3.03 billion and $3.035 billion, indicating a year-over-year growth of 19%-19.5% [9] - The company raised its full-year subscription guidance to a range of $12.64 billion to $12.68 billion [9] - ServiceNow aims to exceed $15 billion in revenue by 2026 and aspires to reach $30 billion, supported by AI-driven workflows [10]