What is William Blair's Forecast for ServiceNow Q3 Earnings?

ServiceNow, Inc. (NYSE:NOW - Free Report) - Investment analysts at William Blair lowered their Q3 2025 EPS estimates for shares of ServiceNow in a research note issued on Thursday, April 24th. William Blair analyst A. Bhatia now expects that the information technology services provider will post earnings of $2.38 per share for the quarter, down from their prior forecast of $2.45. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for ServiceNow's current full-year earnings is $8.93 per share.

NOW has been the topic of a number of other reports. Stifel Nicolaus set a $975.00 price objective on ServiceNow and gave the company a "buy" rating in a research report on Thursday. Guggenheim lifted their price target on shares of ServiceNow from $716.00 to $724.00 and gave the company a "sell" rating in a report on Thursday. Scotiabank increased their price objective on shares of ServiceNow from $1,050.00 to $1,075.00 and gave the stock a "sector outperform" rating in a research note on Thursday. Royal Bank of Canada lifted their target price on shares of ServiceNow from $975.00 to $1,060.00 and gave the company an "outperform" rating in a research note on Thursday. Finally, Redburn Atlantic assumed coverage on ServiceNow in a research note on Wednesday, February 19th. They issued a "buy" rating for the company. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twenty-nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $1,032.94.

ServiceNow Stock Performance

NYSE:NOW opened at $946.08 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a 50-day simple moving average of $838.68 and a two-hundred day simple moving average of $967.87. The firm has a market capitalization of $195.84 billion, a PE ratio of 138.52, a P/E/G ratio of 4.51 and a beta of 1.08. ServiceNow has a 52-week low of $637.99 and a 52-week high of $1,198.09.

ServiceNow announced that its board has approved a stock repurchase plan on Wednesday, January 29th that allows the company to repurchase $3.00 billion in shares. This repurchase authorization allows the information technology services provider to buy up to 1.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Insider Transactions at ServiceNow

In other news, insider Jacqueline P. Canney sold 354 shares of the firm's stock in a transaction dated Wednesday, April 16th. The shares were sold at an average price of $804.61, for a total value of $284,831.94. Following the completion of the sale, the insider now owns 3,027 shares in the company, valued at approximately $2,435,554.47. This trade represents a 10.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Gina Mastantuono sold 4,442 shares of the firm's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $964.70, for a total transaction of $4,285,197.40. Following the completion of the sale, the chief financial officer now owns 11,126 shares of the company's stock, valued at $10,733,252.20. This trade represents a 28.53 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 20,250 shares of company stock worth $19,853,273. 0.38% of the stock is currently owned by insiders.

Institutional Investors Weigh In On ServiceNow

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NOW. GAMMA Investing LLC lifted its holdings in ServiceNow by 87,501.3% during the 1st quarter. GAMMA Investing LLC now owns 2,689,361 shares of the information technology services provider's stock valued at $2,141,108,000 after buying an additional 2,686,291 shares in the last quarter. Norges Bank bought a new stake in ServiceNow during the 4th quarter valued at about $2,603,360,000. Proficio Capital Partners LLC lifted its holdings in ServiceNow by 154,255.3% during the 4th quarter. Proficio Capital Partners LLC now owns 666,815 shares of the information technology services provider's stock valued at $667,000 after buying an additional 666,383 shares in the last quarter. Alphinity Investment Management Pty Ltd bought a new stake in ServiceNow during the 4th quarter valued at about $682,468,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in ServiceNow by 6.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,955,924 shares of the information technology services provider's stock valued at $8,434,235,000 after buying an additional 509,467 shares in the last quarter. Institutional investors own 87.18% of the company's stock.

ServiceNow Company Profile

ServiceNow, Inc provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

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