Macquarie has initiated coverage on ServiceNow Inc (NOW), assigning the company a Neutral rating. This marks the firm's first assessment of ServiceNow's investment potential, reflecting their analysis of the business and industry dynamics.
ServiceNow, headquartered in Santa Clara, California, provides an end-to-end workflow automation platform for digital businesses. The company, which employs 26,293 full-time staff, went public on June 29, 2012. Its Now Platform connects people, processes, data, and devices to enhance productivity and optimize business outcomes.
As of November 25, 2025, ServiceNow's shares trade at $802.72, with a market capitalization of $169.2 billion. The company has a trailing twelve months (TTM) price-to-earnings (P/E) ratio of 97.74 and earnings per share (EPS) of 8.26.
Upcoming earnings reports are scheduled for April 21, 2026, and July 21, 2026, with estimated EPS of $4.77 and $4.76, respectively. Recent earnings performance has shown positive surprises, including Q3 2025 EPS of $4.82, exceeding estimates by 11.8%.
While analyst ratings can provide valuable insights, they are based on assumptions and financial models that may not always reflect reality. Investors should consider a range of factors, including company fundamentals and industry trends, when making decisions. Analyst opinions can change as new information becomes available, highlighting the importance of a comprehensive approach to investment evaluation.