ServiceNow Future Growth

Future criteria checks 5/6

ServiceNow is forecast to grow earnings and revenue by 20.3% and 15.6% per annum respectively. EPS is expected to grow by 20.1% per annum. Return on equity is forecast to be 26.9% in 3 years.

Key information

20.3%

Earnings growth rate

20.1%

EPS growth rate

Software earnings growth17.6%
Revenue growth rate15.6%
Future return on equity26.9%
Analyst coverage

Good

Last updated11 Apr 2025

Recent future growth updates

Recent updates

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Agentic AI And A Subscription Model Will Transform Operations

Apr 08 Adoption of hybrid pricing and AI integration may disrupt subscription growth and increase short-term costs, affecting profitability.
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AI Powered Pro Plus And RaptorDB Unification Will Shape Industry

Apr 08 AI-powered offerings and consumption-based pricing models are expected to significantly boost ServiceNow's revenue and earnings through increased customer spending.

ServiceNow: Great Company, But Stock Acts Like A Levered QQQ

Mar 16

ServiceNow: Fundamentals Are Playing Catch Up

Mar 05

ServiceNow's (NYSE:NOW) Soft Earnings Don't Show The Whole Picture

Feb 10
ServiceNow's (NYSE:NOW) Soft Earnings Don't Show The Whole Picture

ServiceNow: The Start Of A Deeper Correction (Rating Downgrade)

Jan 31

Why ServiceNow's Promising AI Future Doesn't Justify A Buy Right Now (Rating Downgrade)

Jan 21

ServiceNow: Exercise Caution As The 2021 Tech Bubble Is Back

Dec 26

Returns On Capital Are Showing Encouraging Signs At ServiceNow (NYSE:NOW)

Dec 23
Returns On Capital Are Showing Encouraging Signs At ServiceNow (NYSE:NOW)

Is ServiceNow, Inc. (NYSE:NOW) Worth US$1.1k Based On Its Intrinsic Value?

Dec 09
Is ServiceNow, Inc. (NYSE:NOW) Worth US$1.1k Based On Its Intrinsic Value?

ServiceNow: High Price For High Quality, But Not A Great Investment In An Expensive Market (Rating Upgrade)

Nov 23

ServiceNow, Inc.'s (NYSE:NOW) Price Is Out Of Tune With Revenues

Nov 22
ServiceNow, Inc.'s (NYSE:NOW) Price Is Out Of Tune With Revenues

ServiceNow, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Oct 26
ServiceNow, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

ServiceNow: Q3, Broaden Now Platform With AI Capabilities

Oct 24

ServiceNow: Sell On Weakening Growth And Huge Valuation

Sep 26

ServiceNow (NYSE:NOW) Could Easily Take On More Debt

Sep 04
ServiceNow (NYSE:NOW) Could Easily Take On More Debt

ServiceNow: GenAI Business Doubles QoQ, Bolstering Growth Prospects

Aug 26

Results: ServiceNow, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Jul 27
Results: ServiceNow, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

ServiceNow Q2 Earnings: Even Now It Makes Sense To Buy, On Its Path To Megacap

Jul 25

ServiceNow's Integrated Business Model Is A Moat

Jul 09

ServiceNow, Inc.'s (NYSE:NOW) Price In Tune With Revenues

Jul 04
ServiceNow, Inc.'s (NYSE:NOW) Price In Tune With Revenues

ServiceNow: Winning The AI Opportunity, Dodging Deal Scrutiny

Jun 30

Returns At ServiceNow (NYSE:NOW) Are On The Way Up

Jun 23
Returns At ServiceNow (NYSE:NOW) Are On The Way Up

Calculating The Fair Value Of ServiceNow, Inc. (NYSE:NOW)

Jun 12
Calculating The Fair Value Of ServiceNow, Inc. (NYSE:NOW)

Should You Think About Buying ServiceNow, Inc. (NYSE:NOW) Now?

Jun 01
Should You Think About Buying ServiceNow, Inc. (NYSE:NOW) Now?

Uncovering The Value Proposition Of ServiceNow: A Compelling Case For Investment

May 30

ServiceNow: Results Aren't Impressive Enough To Justify Valuation (Rating Downgrade)

May 23

ServiceNow Is A Generative AI Winner And Compounder

May 13

ServiceNow, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Apr 26
ServiceNow, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

ServiceNow Q1 Earnings Preview: Solid Fundamentals, But Stock Is Likely Capped

Apr 22

ServiceNow: One Of Our Top Picks For The Coming Decade

Apr 13

ServiceNow: Leading In Enterprise AI, But Watch The Premium Valuation

Mar 20

ServiceNow: Successfully Absorbing Global Digital Transformation

Mar 06

Earnings and Revenue Growth Forecasts

NYSE:NOW - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202718,7213,1306,2107,12820
12/31/202615,5932,3475,0946,16942
12/31/202513,0271,7744,1665,12341
12/31/202410,9841,4253,3754,267N/A
9/30/202410,4641,3363,3504,237N/A
6/30/20249,9551,1463,0533,877N/A
3/31/20249,4781,9283,1523,837N/A
12/31/20238,9711,7312,7013,398N/A
9/30/20238,4741,5862,3752,955N/A
6/30/20238,0171,4242,3062,909N/A
3/31/20237,6194002,1402,762N/A
12/31/20227,2453252,1732,723N/A
9/30/20226,9192011,8922,405N/A
6/30/20226,6011842,0152,460N/A
3/31/20226,2582231,9422,327N/A
12/31/20215,8962301,7992,191N/A
9/30/20215,5322211,5932,032N/A
6/30/20215,1711711,5171,953N/A
3/31/20214,8331531,5652,021N/A
12/31/20204,5191191,3541,786N/A
9/30/20204,2217011,1231,522N/A
6/30/20203,9557281,0931,491N/A
3/31/20203,7186769941,367N/A
12/31/20193,4606278981,236N/A
9/30/20193,224357821,104N/A
6/30/20193,01137571,040N/A
3/31/20192,809-39669922N/A
12/31/20182,609-27562811N/A
9/30/20182,442-51N/A706N/A
6/30/20182,262-82N/A703N/A
3/31/20182,079-85N/A705N/A
12/31/20171,918-117N/A643N/A
9/30/20171,755-132N/A591N/A
6/30/20171,620-146N/A546N/A
3/31/20171,513-140N/A269N/A
12/31/20161,391-414N/A159N/A
9/30/20161,290-457N/A134N/A
6/30/20161,194-461N/A101N/A
3/31/20161,099-474N/A329N/A
12/31/20151,005-198N/A318N/A
9/30/2015918-206N/A259N/A
6/30/2015835-206N/A220N/A
3/31/2015755-194N/A182N/A
12/31/2014683-179N/A141N/A
9/30/2014610-159N/A128N/A
6/30/2014542-133N/A123N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NOW's forecast earnings growth (20.3% per year) is above the savings rate (2.8%).

Earnings vs Market: NOW's earnings (20.3% per year) are forecast to grow faster than the US market (13.6% per year).

High Growth Earnings: NOW's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NOW's revenue (15.6% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: NOW's revenue (15.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NOW's Return on Equity is forecast to be high in 3 years time (26.9%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/13 21:21
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ServiceNow, Inc. is covered by 69 analysts. 42 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam ShepherdArete Research Services LLP
Joseph BonnerArgus Research Company
Dimitri KallianiotisAtlantic Equities LLP