Where Will ServiceNow Stock Be in 3 Years?
's (NYSE: NOW) stock has rallied more than 50% over the past three years as the S 500 advanced about 26%. The cloud software provider's shares suffered a steep decline in 2022 as the macro headwinds throttled its growth and compressed its valuations, but it bounced back in 2023 as it overcame some of those challenges.
So can ServiceNow's stock head even higher over the next three years? Let's review its business model, growth rates, and valuations to decide.
Image source: Getty Images.
Source Fool.com
ServiceNow Inc. Aktie
108,00 €
5,94 %
Deutliches Buy-Überwiegen bei ServiceNow Inc. im Vergleich zu Sell-Einschätzungen.
Das Kursziel von 131 € für ServiceNow Inc. impliziert eine deutliche Steigerung um über 20% gegenüber 108.0 €.
