ServiceNow, Inc.NOW

Technology
Neutral

ASignal's systematic analysis rates NOW as Neutral. ServiceNow, Inc. has a market cap of $115.00B, a P/E of 69.09, a 11.3% net margin, and 24.0% year-over-year revenue growth.

Reflects the latest available analysis · analyzed Aug 1, 2026

The case on NOW

Bull vs bear, surfaced by ASignal's framework agents from public market data. The precise verdict: ASignal Rank, confidence, and price targets - is in the app.

Bull case
  • Strong revenue growth (24% YoY)
  • High gross margin (74.77%) indicating pricing power
  • Free cash flow of $5.15B supports financial flexibility
  • MACD above signal line with expanding histogram suggests strengthening momentum
  • RSI near neutral (49.97), room for upside before overbought
VS
Bear case
  • Earnings declining (-21.9% YoY)
  • Low current ratio (0.70x) and quick ratio (0.56x) signaling liquidity concerns
  • High P/E of 69.09x vs. forward P/E of 22.22x suggests valuation compression expected
  • Debt-to-equity ratio of 0.68x, above ideal threshold of 0.5

Key facts

Sector
Technology
Market cap
$115.00B
P/E ratio
69.09
Gross margin
74.8%
Net margin
11.3%
Rev growth YoY
24.0%
Price (Aug 1, 2026)
$111.23

Peers

Clustered with NOW by analysis-profile similarity.

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See the full verdict on NOW

ASignal Rank (1-4), confidence score, Buffett / Ackman / Dalio grades, price targets, and the full reasoning behind the call.

How ASignal analyzes NOW

Most investors never get a second opinion, let alone several. ASignal runs NOW past a panel of specialized investor-framework agents, each calibrated on a distinct school of investing: Warren Buffett's value discipline, Bill Ackman's activist lens, and Ray Dalio's macro view. They don't just score in isolation, they argue: a dedicated Challenger agent pushes back on every conclusion until the panel settles on a reasoned consensus, weighing fundamentals, macro conditions, market sentiment, and price action together. The kind of cross-examined read that takes a research desk hours, ASignal delivers in under two minutes, refreshed every cycle.

The signal direction and the bull and bear case above are free. The precise read, ASignal Rank, framework grades, price targets, and full reasoning, stays with subscribers.

ServiceNow, Inc. (NOW) Stock Analysis - ASignal rates it Neutral