ServiceNow Future Growth

Future criteria checks 3/6

ServiceNow is forecast to grow earnings and revenue by 7.5% and 15.9% per annum respectively. EPS is expected to grow by 5.4% per annum. Return on equity is forecast to be 28.4% in 3 years.

Key information

7.5%

Earnings growth rate

5.4%

EPS growth rate

Software earnings growth	15.6%
Revenue growth rate	15.9%
Future return on equity	28.4%
Analyst coverage	Good
Last updated	31 May 2024

Recent future growth updates

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

Apr 26

Results: ServiceNow, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Jan 27

Recent updates

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

Jun 01

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.'s (NYSE:NOW) Intrinsic Value Is Potentially 29% Above Its Share Price

Mar 06

ServiceNow: Successfully Absorbing Global Digital Transformation

Mar 06

What Is ServiceNow, Inc.'s (NYSE:NOW) Share Price Doing?

Feb 23

ServiceNow: The Case For More Upside Even From Here

Feb 02

Shareholders Can Be Confident That ServiceNow's (NYSE:NOW) Earnings Are High Quality

Feb 01

Results: ServiceNow, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Jan 27

ServiceNow Q4 Review: Solid Report, But Valuation Is Out Of Step With Reality

Jan 24

ServiceNow (NYSE:NOW) Is Doing The Right Things To Multiply Its Share Price

Jan 11

ServiceNow: Commercially Interesting, But Dangerous Pitch At 15x EV/Sales

Dec 31

ServiceNow, Inc.'s (NYSE:NOW) P/S Is On The Mark

Dec 18

ServiceNow: This Is A True One Of A Kind

Nov 28

Is Now The Time To Put ServiceNow (NYSE:NOW) On Your Watchlist?

Nov 20

Why ServiceNow, Inc. (NYSE:NOW) Could Be Worth Watching

Oct 23

ServiceNow: Stellar Revenue Growth And Profitability Expansion

Oct 23

Is ServiceNow (NYSE:NOW) A Risky Investment?

Oct 08

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

Sep 26

ServiceNow: Positioned To Thrive In Digital Transformation

Sep 18

We Like These Underlying Return On Capital Trends At ServiceNow (NYSE:NOW)

Aug 30

ServiceNow: Generative AI Pick With 20% Revenue Growth And 30% FCF Margins

Aug 18

Do ServiceNow's (NYSE:NOW) Earnings Warrant Your Attention?

Aug 17

Is It Time To Consider Buying ServiceNow, Inc. (NYSE:NOW)?

Jul 24

ServiceNow: AI Hype Has Powered The Stock This Year

Jul 19

Is ServiceNow (NYSE:NOW) Using Too Much Debt?

Jun 20

ServiceNow: Stock Is Fairly Valued

Jun 18

ServiceNow Unleashes AI, Innovation To Strengthen Competitive Advantage

May 24

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

May 16

ServiceNow (NYSE:NOW) Is Doing The Right Things To Multiply Its Share Price

May 02

Earnings and Revenue Growth Forecasts

NYSE:NOW - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	15,897	2,230	5,199	6,428	23
12/31/2025	13,156	1,693	4,164	5,138	38
12/31/2024	10,905	1,298	3,413	4,227	37
3/31/2024	9,478	1,928	3,152	3,837	N/A
12/31/2023	8,971	1,731	2,704	3,398	N/A
9/30/2023	8,474	1,586	2,378	2,955	N/A
6/30/2023	8,017	1,424	2,306	2,909	N/A
3/31/2023	7,619	400	2,140	2,762	N/A
12/31/2022	7,245	325	2,173	2,723	N/A
9/30/2022	6,919	201	1,892	2,405	N/A
6/30/2022	6,601	184	2,015	2,460	N/A
3/31/2022	6,258	223	1,942	2,327	N/A
12/31/2021	5,896	230	1,799	2,191	N/A
9/30/2021	5,532	221	1,593	2,032	N/A
6/30/2021	5,171	171	1,517	1,953	N/A
3/31/2021	4,833	153	1,565	2,021	N/A
12/31/2020	4,519	119	1,354	1,786	N/A
9/30/2020	4,221	701	1,123	1,522	N/A
6/30/2020	3,955	728	1,093	1,491	N/A
3/31/2020	3,718	676	994	1,367	N/A
12/31/2019	3,460	627	898	1,236	N/A
9/30/2019	3,224	35	782	1,104	N/A
6/30/2019	3,011	3	757	1,040	N/A
3/31/2019	2,809	-39	669	922	N/A
12/31/2018	2,609	-27	562	811	N/A
9/30/2018	2,442	-51	521	706	N/A
6/30/2018	2,262	-82	521	703	N/A
3/31/2018	2,079	-85	538	705	N/A
12/31/2017	1,918	-117	N/A	643	N/A
9/30/2017	1,755	-132	N/A	591	N/A
6/30/2017	1,620	-146	N/A	546	N/A
3/31/2017	1,513	-140	N/A	269	N/A
12/31/2016	1,391	-414	N/A	159	N/A
9/30/2016	1,290	-457	N/A	134	N/A
6/30/2016	1,194	-461	N/A	101	N/A
3/31/2016	1,099	-474	N/A	329	N/A
12/31/2015	1,005	-198	N/A	318	N/A
9/30/2015	918	-206	N/A	259	N/A
6/30/2015	835	-206	N/A	220	N/A
3/31/2015	755	-194	N/A	182	N/A
12/31/2014	683	-179	N/A	141	N/A
9/30/2014	610	-159	N/A	128	N/A
6/30/2014	542	-133	N/A	123	N/A
3/31/2014	478	-104	N/A	91	N/A
12/31/2013	425	-74	N/A	82	N/A
9/30/2013	375	-59	N/A	62	N/A
6/30/2013	328	-58	N/A	51	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NOW's forecast earnings growth (7.5% per year) is above the savings rate (2.4%).

Earnings vs Market: NOW's earnings (7.5% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: NOW's earnings are forecast to grow, but not significantly.

Revenue vs Market: NOW's revenue (15.9% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: NOW's revenue (15.9% 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 (28.4%)

ServiceNow Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

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

Servicenow, Inc. Provides Revenue Guidance for the Second Quarter of 2024

Consensus EPS estimates increase by 17%

Results: ServiceNow, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Price target increased by 13% to US$820

ServiceNow, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024

Recent updates

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

Investor sentiment deteriorates as stock falls 15%

Chief Financial Officer notifies of intention to sell stock

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

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

Chairman & CEO exercised options and sold US$1.3m worth of stock

ServiceNow Is A Generative AI Winner And Compounder

ServiceNow Unveils New AI-Powered Capabilities to Help Improve Employee Experiences, Supercharge Talent Development, and Optimize In-Person Work

ServiceNow Adds Powerful New Solutions to the Now Platform to Transform the Employee Experience and Simplify Work Across the Enterprise

ServiceNow Announces New Purpose-Built Solutions for Manufacturing Industry

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

First quarter 2024 earnings: EPS exceeds analyst expectations

Servicenow, Inc. Provides Revenue Guidance for the Second Quarter of 2024

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

ServiceNow: One Of Our Top Picks For The Coming Decade

ServiceNow, Inc., Annual General Meeting, May 23, 2024

ServiceNow, Inc. to Report Q1, 2024 Results on Apr 24, 2024

ServiceNow (NYSE:NOW) Has A Rock Solid Balance Sheet

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

What You Can Learn From ServiceNow, Inc.'s (NYSE:NOW) P/S

Now 20% undervalued

ServiceNow, Inc.'s (NYSE:NOW) Intrinsic Value Is Potentially 29% Above Its Share Price

ServiceNow: Successfully Absorbing Global Digital Transformation

Chief Digital Information Officer recently sold US$2.5m worth of stock

ServiceNow and NVIDIA Expand Relationship with Introduction of Telco-Specific GenAI Solutions to Elevate Service Experiences

What Is ServiceNow, Inc.'s (NYSE:NOW) Share Price Doing?

Now 21% undervalued

Chairman & CEO exercised options and sold US$3.9m worth of stock

ServiceNow: The Case For More Upside Even From Here

Chief Commercial Officer recently sold US$1.4m worth of stock

Shareholders Can Be Confident That ServiceNow's (NYSE:NOW) Earnings Are High Quality

Consensus EPS estimates increase by 17%

Results: ServiceNow, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Full year 2023 earnings: EPS exceeds analyst expectations

Price target increased by 13% to US$820

ServiceNow, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024

ServiceNow Q4 Review: Solid Report, But Valuation Is Out Of Step With Reality

ServiceNow (NYSE:NOW) Is Doing The Right Things To Multiply Its Share Price

ServiceNow: Commercially Interesting, But Dangerous Pitch At 15x EV/Sales

ServiceNow, Inc.'s (NYSE:NOW) P/S Is On The Mark

President & COO recently sold US$2.1m worth of stock

ServiceNow: This Is A True One Of A Kind

President & COO notifies of intention to sell stock

Is Now The Time To Put ServiceNow (NYSE:NOW) On Your Watchlist?

ServiceNow Launches Major Expansion to Now Assist Generative AI Portfolio with New Capabilities to Transform Experiences and Increase Productivity

Insider recently sold US$586k worth of stock

Snyk Unveils New Vulnerability Intelligence Solution with ServiceNow to Provide Comprehensive Insights Into Software Supply Chain Risk

Third quarter 2023 earnings: EPS exceeds analyst expectations

Why ServiceNow, Inc. (NYSE:NOW) Could Be Worth Watching

ServiceNow: Stellar Revenue Growth And Profitability Expansion

Is ServiceNow (NYSE:NOW) A Risky Investment?

ServiceNow, Inc. to Report Q3, 2023 Results on Oct 25, 2023

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

ServiceNow Launches Now Assist for IT Service Management, CSM, HRSD, and Creator to Embed Generative AI Across All Workflows on the Now Platform

ServiceNow: Positioned To Thrive In Digital Transformation

President & COO recently sold US$2.7m worth of stock

President & COO notifies of intention to sell stock

We Like These Underlying Return On Capital Trends At ServiceNow (NYSE:NOW)

ServiceNow: Generative AI Pick With 20% Revenue Growth And 30% FCF Margins

Do ServiceNow's (NYSE:NOW) Earnings Warrant Your Attention?

Chairman & CEO exercised options and sold US$2.8m worth of stock

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS exceeds analyst expectations

Consensus EPS estimates increase by 189%

ServiceNow, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2023

Price target increased by 7.1% to US$596

Is It Time To Consider Buying ServiceNow, Inc. (NYSE:NOW)?

ServiceNow: AI Hype Has Powered The Stock This Year

ServiceNow, Inc. to Report Q2, 2023 Results on Jul 26, 2023