ServiceNow Inc. Stock
€634.20
Your prediction
ServiceNow Inc. Stock
Pros and Cons of ServiceNow Inc. in the next few years
Pros
Cons
Performance of ServiceNow Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| ServiceNow Inc. | -0.130% | 3.118% | 12.270% | 62.072% | 74.666% | 46.855% | 286.582% |
| Gartner Inc. | 0.050% | 3.920% | 12.448% | 21.346% | 28.456% | 221.905% | - |
| CrowdStrike Holdings Inc | 1.160% | 12.386% | 23.021% | 83.498% | 121.544% | 62.444% | - |
| Cognizant Technology Solutions Corp. | 0.970% | 0.015% | 5.342% | 9.858% | 22.955% | 0.324% | 2.504% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.ServiceNow (NYSE: NOW) is a company with impressive financials, demonstrating strong performance in its industry. The corporation has shown consistent growth over the past few years, with total assets, revenue, and cash all increasing. As an analyst from the Software & IT Services industry, it is crucial to dig deeper and explore the factors contributing to the company's performance, analyzing the pros and cons of investing in ServiceNow's financials.
Growing Total Assets and Revenue: ServiceNow's financials reveal a notable increase in total assets, from $8.7 billion in 2020 to $13.6 billion as of Q1 2023. This indicates a healthy financial growth and attractive investment potential. Additionally, the company's revenue has also shown steady growth, with an increase from $4.5 billion in 2020 to $7.2 billion in 2022, and further $2.1 billion for Q1 2023 alone.
Increasing Gross Profit: ServiceNow's gross profit has consistently risen over the years, with a steady increase from $3.5 billion in 2020 to $5.6 billion in 2022. This suggests that the company's ability to generate a profit from its core business operations is improving.
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News
ServiceNow Announces a Strategic Collaboration Agreement With AWS
AWS re:Invent 2023: ServiceNow (NYSE: NOW), a leading digital workflow company making the world work better for everyone, today announced a five-year Strategic Collaboration Agreement (SCA) with
ServiceNow Named a Leader in Digital Process Automation
ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, has been named a Leader in The Forrester Wave™: Digital Process Automation Software, Q4 2023
ServiceNow launches major expansion to Now Assist generative AI portfolio with new capabilities to transform experiences and increase productivity
ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, today launched a major expansion to its Now Assist generative AI portfolio with new
