Based on the provided data and technical analysis, here's the forecast for ServiceNow (NOW) for the next trading week:
Technical Analysis
The technical indicators show:
News Sentiment Analysis
Price Forecast for Next Week Based on technical and fundamental factors:
Target Price Range: $1075-1130
Recommendation: BUY
The upcoming earnings report could be a significant catalyst. The strong consensus analyst ratings and positive technical indicators suggest upward momentum is likely to continue, making NOW an attractive buy at current levels.
The price of NOW is predicted to go up 3.28%, based on the high correlation periods with HTH. The similarity of these two price pattern on the periods is 95.29%.
NOW
HTH
Year
NOW Price Forecast($)
Potential Return(%)
2025
1,073.220
-0.050
2026
1,360.000
26.660
2027
1,500.000
39.690
2028
1,800.000
67.630
2029
1,800.000
67.120
2030
1,800.000
67.120
ServiceNow's superior product has led to rapid share gains and exceptional retention in the ITSM market. Now the company is using this strength to expand into other areas of ITOM.
The company has added additional growth drivers, including customer service and HR service delivery, which should help propel robust growth over the next five years.
GAAP operating margin was breakeven for the first time in 2019, and we see a decadelong runway for expansion.
Piper Sandler
Price Target
$1,000 → $1,200
Upside
+11.42%
Raymond James
Price Target
$1,200
Upside
+8.54%
Canaccord Genuity
Price Target
$1,000 → $1,200
Upside
+9.97%