ServiceNow (NOW) Tops Q2 EPS by 21c
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ServiceNow (NOW) Receives Multiple Price Target Hikes on a Strong Beat-and-Raise
July 29, 2021 9:14 AM EDTServiceNow (NASDAQ: NOW) delivered very strong second-quarter results to yield at least 10 price target hikes from leading Wall Street analysts.
NOW reported revenue of $1.41 billion to top the $1.36 billion expected from surveyed analysts while earnings per share were reported at $1.42 vs $1.22 expected.
Im so proud of our teams performance, significantly exceeding the high end of our guidance across all metrics, which is reflected in our strong full-year guidance raise, said Bill McDermott, ServiceNow president and CEO.
Business leaders worldwide are facing do or die moments in a forever changed world. They... More
ServiceNow (NOW) PT Raised to $675 at Jefferies
July 29, 2021 8:07 AM EDTJefferies analyst Samad Samana raised the price target on ServiceNow (NYSE: NOW) to $675.00 (from $625.00) while maintaining a Buy rating.
The analyst commented, "NOW's 2Q sub revs, opn mgn and EPS beat consensus. Billings growth of 30% beat consensus of 23% (we believe the buyside was... More
ServiceNow (NOW) PT Raised to $641 at Needham & Company
July 29, 2021 6:29 AM EDTNeedham & Company analyst Jack Andrews raised the price target on ServiceNow (NYSE: NOW) to $641.00 (from $591.00) while maintaining a Buy rating.
The analyst commented, "NOW reported strong 2Q21 results, beating consensus across multiple metrics. Despite the optics of decelerating growth heading into the... More
