ServiceNow, Inc. (NYSE:NOW) is one of the Best Software Stocks to Buy According to Wall Street Analysts. On January 30, Peter Weed from Bernstein reiterated a Buy rating on the stock with a $219 price target. On the same day, RBC Capital lowered the price target on ServiceNow, Inc. (NYSE:NOW) from $195 to $185, but maintained an Outperform rating on the stock.
The ratings follow the company’s fiscal Q4 2025 earnings release, announced on January 28. The company grew its revenue by 20.66% year-over-year to $3.57 billion, ahead of expectations by $38.91 million. Moreover, the EPS of $0.92 also topped consensus by $0.03. Management noted that the company exceeded guidance across all topline growth and profitability metrics. The growth was attributed to an increase in licensed users, workflows, and transactions on its platform.
Analysts at RBC Capital noted that ServiceNow, Inc. (NYSE:NOW) achieved a “clean beat” on earnings, surpassing guidance with metrics like 20% organic constant currency current remaining performance obligation growth. Moreover, the company also issued a 2026 organic outlook that exceeds consensus estimates, projecting about 18.75% subscription revenue growth at the midpoint.
ServiceNow, Inc. (NYSE:NOW) provides a platform that integrates workflows, data, and AI to coordinate how work flows across large organizations.
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Disclosure: None. This article is originally published at Insider Monkey.