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. 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. 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. 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.
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This article is originally published at Insider Monkey.
