ServiceNow (NOW) Set to Announce Earnings on Wednesday

ServiceNow (NYSE:NOW) is anticipated to release its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to post earnings of $1.02 per share and revenue of $4.09 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:00 PM ET.

ServiceNow Trading Down 0.6%

NYSE NOW opened at $158.05 on Tuesday. The stock has a market capitalization of $163.42 billion, a P/E ratio of 83.31, a P/E/G ratio of 2.92 and a beta of 0.99. The business has a 50 day simple moving average of $137.53 and a 200 day simple moving average of $115.71. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.70 and a quick ratio of 0.70. ServiceNow has a one year low of $81.24 and a one year high of $192.97.

Insider Buying and Selling at ServiceNow

In other ServiceNow news, insider Jacqueline Canney sold 7,847 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $138.00, for a total value of $1,082,886.00. Following the completion of the sale, the insider owned 30,042 shares of the company’s stock, valued at approximately $4,145,796. This trade represents a 20.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul Fipps sold 2,034 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $147.87, for a total value of $300,767.58. Following the sale, the insider owned 18,305 shares of the company’s stock, valued at approximately $2,706,760.35. This represents a 10.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 14,081 shares of company stock valued at $1,937,904. Company insiders own 0.34% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Royal Bank Of Canada boosted their price target on ServiceNow from $130.00 to $176.00 and gave the company an “outperform” rating in a research note on Monday, October 12th. Bank of America raised their price objective on shares of ServiceNow from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Yorkville Ives began coverage on shares of ServiceNow in a research report on Monday, October 5th. They set an “outperform” rating and a $160.00 target price on the stock. Truist Financial set a $180.00 target price on shares of ServiceNow and gave the stock a “buy” rating in a research note on Wednesday, October 21st. Finally, Benchmark restated a “buy” rating on shares of ServiceNow in a report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $155.74.

ServiceNow News Roundup

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Analysts raise targets: Cantor Fitzgerald lifted its price target from $174 to $201 and maintained an Overweight rating. Bank of America also raised its target to $180 while keeping a Buy rating, and Morgan Stanley reiterated its Buy rating with a $180 target. Analysts cited strong execution, AI-led demand and potential federal-sector growth. Cantor Fitzgerald ServiceNow rating Bank of America raises ServiceNow price target Morgan Stanley ServiceNow rating
• Positive Sentiment: AI and mission-critical software demand: Coverage highlights ServiceNow’s role in enterprise workflow automation and mission-critical IT software, with investors reassessing the value of enterprise AI applications. A broader resilience-orchestration market forecast also identifies ServiceNow as a participant in growth driven by AI, hybrid cloud and automated recovery. ServiceNow enterprise AI coverage
• Neutral Sentiment: Earnings are the next major catalyst: Zacks expects third-quarter revenue of approximately $4.09 billion, representing about 20% year-over-year growth. Investors will focus on subscription growth, AI bookings, margins, costs and guidance when results are released. ServiceNow Q3 earnings preview
• Negative Sentiment: Valuation and execution risks: ServiceNow trades at a high earnings multiple, making the stock vulnerable if results or guidance disappoint. One Seeking Alpha contributor issued a Strong Sell recommendation ahead of earnings, while other coverage flags rising costs, competition and uncertainty over whether AI-driven growth justifies the premium valuation. ServiceNow Strong Sell analysis

About ServiceNow

ServiceNow, Inc provides cloud-based software designed to help organizations digitize, automate and manage enterprise workflows. Its Now Platform connects people, processes and systems across departments, enabling customers to manage work through a centralized technology environment.

The company’s products and services address a range of business needs, including information technology service management, IT operations management, customer service management, human resources service delivery, security operations, risk and compliance, and application development.