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.
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Source Fool.com
ServiceNow Inc. Stock
€739.70
0.260%
The stock is one of the favorites of our community with 67 Buy predictions and 1 Sell predictions.
With a target price of 815 € there is a slightly positive potential of 10.18% for ServiceNow Inc. compared to the current price of 739.7 €.