What Does Wall Street Think About ServiceNow (NOW)?

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.

ServiceNow, Inc. (NOW) Is Competing With The Rise Of AI, Says Jim Cramer

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.

While we acknowledge the potential of NOW to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NOW and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.