Keybanc has downgraded ServiceNow Inc (NOW) to Underweight from Sector Weight, signaling a shift in sentiment regarding the company's outlook. The downgrade, effective December 14, 2025, comes as ServiceNow's current price stands at $770.71.
This revision indicates increased caution, likely reflecting concerns about competitive pressures, market conditions, or execution risks that could affect the company’s performance. ServiceNow, headquartered in Santa Clara, California, provides a comprehensive workflow automation platform for digital businesses, employing over 26,000 people. The firm went public on June 29, 2012, and has since built a robust AI platform designed to enhance productivity across various sectors.
As of December 1, 2025, the analyst consensus for ServiceNow includes 14 Strong Buy, 32 Buy, 4 Hold, and 1 Strong Sell ratings, suggesting a predominantly positive outlook despite the recent downgrade. Upcoming earnings reports are scheduled for April 21, 2026, with an estimated EPS of $4.79 and revenue of $3.7 billion, and July 21, 2026, with an estimated EPS of $4.78 and revenue of $3.8 billion.
Analyst ratings serve as professional assessments based on extensive research and financial modeling. While they provide useful insight, they are based on assumptions that may not always materialize. Investors should weigh these opinions alongside company fundamentals, competitive positioning, and broader industry trends, ensuring a well-rounded approach to decision-making.
Analyst ratings can evolve as new information becomes available, and differing opinions among analysts can emerge regarding the same company.