10 High Growth NYSE Stocks That Are Profitable

2. ServiceNow, Inc. (NYSE:NOW)

5-Year Revenue Growth Rate: 24.98%

TTM Net Income: $1.66 billion

Number of Hedge Fund Holders: 106

ServiceNow, Inc. (NYSE:NOW) is one of the best high growth NYSE stocks that are profitable. On July 23, ServiceNow, Inc. (NYSE:NOW) reported its fiscal Q2 2025 earnings, surpassing guidance across all topline growth and profitability metrics.

Subscription revenues for the quarter were $3.113 billion, up 22.5% year‑over‑year and 21.5% in constant currency. The company reported $3.215 billion in total revenues for fiscal Q2 2025, up 22.5% year‑over‑year and 21.5% in constant currency.

Following the earnings release, Brad Reback from Stifel Nicolaus maintained a Buy rating on ServiceNow, Inc. (NYSE:NOW) in a report released on August 25, setting a price target of $1,200.00.

Citizens JMP analyst Patrick Walravens also reiterated a Buy rating on ServiceNow, Inc. (NYSE:NOW) on August 4 and set a price target of $1,300.00.

The stock’s median price target of $917.46 implies an upside of 28.07% from current levels.

ServiceNow, Inc. (NYSE:NOW) offers an AI platform for business transformation, boosting productivity and maximizing business outcomes. Its intelligent platform, Now Platform, provides end-to-end workflow automation for digital businesses. Now Platform functions as a cloud-based solution embedded with AI and ML.