ServiceNow Tops Q1 EPS, Revenue Goals
Digital workflow solutions specialist (NYSE:NOW) reported financial results for fiscal 2025's first quarter on Wednesday, April 23, that exceeded analysts' consensus expectations. Adjusted earnings per share (EPS) of $4.04 beat the forecasted $3.83, driven by strong subscription revenue growth. Overall revenue of $3.09 billion was just ahead of expectations and rose 18.5% year over year.
These results reflect a positive quarter for ServiceNow, underscoring its strategic initiatives in AI and subscription-based services.
Source: ServiceNow. Note: Analysts' consensus estimates for the quarter provided by FactSet. YOY = Year over year. cRPO = current remaining performance obligation.
Source Fool.com
ServiceNow Inc. Stock
€130.90
-1.910%
Currently there is a rather positive sentiment for ServiceNow Inc. with 87 Buy predictions and 6 Sell predictions.
Based on the current price of 130.9 € the target price of 976 € shows a potential of 645.61% for ServiceNow Inc. which would more than double the current price.
