30 Most Fantastic Stocks Every Investor Should Pay Attention To

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23. ServiceNow Inc. (NYSE:NOW)

Market Cap: $178.6 Billion

Number of Hedge Fund Holders: 106

ServiceNow Inc. (NYSE:NOW) is among the most fantastic stocks every investor should pay attention to. On October 30, BMO Capital analyst Keith Bachman reiterated his Buy rating on the company with an unchanged price target of $1,150, following the company’s Q3 2025 results a day earlier.

While Bachman called the Q3 results strong, with both subscription revenue and current remaining performance obligations (cRPO*) surpassing expectations, subscription revenue growth guidance for Q4 was below expectations. However, he believes that ServiceNow’s expanding AI capabilities and well-established portfolio position it for continued momentum.

The analyst also argued that the company’s growth is sustainable, given its ability to win large deal sizes, achieve higher attach rates, and maintain a healthy sales pipeline. His conviction is further supported by the management’s raised guidance for cash flow generation, including higher operating and free cash flow margins, as well as subscription revenue.

In its Q3 results, ServiceNow Inc. (NYSE:NOW) experienced broad-based demand across the platform and solid execution, which contributed to a 20.5% year-over-year growth in subscription revenue (on a constant currency basis) to $3.3 billion. RPO increased by 23% to $24.3 billion, and cRPO rose 20.5% to $11.35 billion, driven by strong momentum in industries such as transportation, logistics, retail, and hospitality. Supported by improved operating leverage, adjusted operating margin expanded by 250 basis points year-over-year to 33.5%, leading to an adjusted EPS of $4.82, which came in 13% ahead of consensus.

ServiceNow Inc. (NYSE:NOW) also announced that its board has authorized a 5-for-1 stock split, which will be submitted to shareholders for approval at a special meeting on December 5. The split is expected to increase the stock’s appeal and make the stock price more affordable for investors who wish to gain exposure to AI through the company.

As for the share price, the performance has been weak so far, with a YTD decline of nearly 19%.

*cRPO—contract revenue that will be recognized as revenue in the next 12 months

ServiceNow Inc. (NYSE:NOW) provides cloud-based platforms for digital workflows, enabling organizations to automate and optimize their business processes. The company’s Now Platform offers solutions across IT service management, customer service, HR, and other areas.

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