dailyloe.com – ServiceNow stock closed at $87.79 on Wednesday, declining 1.43% from the prior session. This drop occurred despite broader market gains. The S&P 500 index rose 1.18% on the same trading day. The Dow Jones Industrial Average gained 0.66%, and the Nasdaq added 1.96%.
The company’s stock has fallen 22.48% over the past month. This performance lags the Computer and Technology sector’s gain of 5.37%. It also trails the S&P 500’s 3.93% increase over the same period. Investors are now focused on the company’s upcoming financial results.
ServiceNow plans to announce its earnings on April 22, 2026. Analysts expect the company to post earnings of $0.95 per share. This would represent year-over-year growth of 17.28%. The latest consensus estimate calls for revenue of $3.75 billion.
That revenue figure would be up 21.39% from the prior-year quarter. For the full year, analysts expect earnings of $4.14 per share. They also anticipate revenue of $15.98 billion. These totals would mark changes of +17.95% and +20.32% from last year.
Recent changes to analyst estimates for ServiceNow are notable. Such revisions tend to reflect the latest near-term business trends. Positive alterations in estimates signify analyst optimism. Empirical research links these estimate revisions to impending stock price performance.
Investors can use the Zacks Rank to capitalize on this. This model considers estimate changes for a rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a history of outperformance, externally audited.
Stocks with a #1 rank have returned an average annual gain of +25% since 1988. The consensus EPS projection for ServiceNow remained stagnant within the past 30 days. ServiceNow is currently sporting a Zacks Rank of #4 (Sell). This indicates a sell recommendation based on estimate trends.
Digging into valuation, ServiceNow has a Forward P/E ratio of 21.5. This denotes a premium relative to the industry average of 12.77. Meanwhile, NOW’s PEG ratio is currently 0.9. The PEG ratio incorporates expected earnings growth into the valuation.[]
Source: Yahoo Finance
