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gurufocus.comOCT 62 min read$NOW

NOW Maintained by Stifel -- Price Target Raised to $160

Stifel maintained a 'Buy' rating for ServiceNow (NOW) and raised its price target from $120 to $160. GuruFocus values NOW at $243.65, suggesting a 43.3% undervaluation. The company has a GF Score of 88/100, indicating strong performance, but insiders have sold $1.94M in shares recently. ServiceNow specializes in cloud-based enterprise solutions with $10B in annual subscription revenue.

Original reporting
gurufocus.com
Published Oct 6, 2026, 4:33 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 6, 2026, 5:24 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefFinancial news
Primary signal
$NOW
Bullish
high confidence
Mentioned
$NOW
Relevance
7/10
AlphAI data visualization · based on gurufocus.com
Decision brief

The 30-second read

$NOWBullishMed
01

Why it matters

The new $160 target reflects analyst confidence but must be weighed against recent insider sell‑off.

02

Market read

Analyst target raise is a fresh catalyst that could move NOW shares, though insider selling adds a counterweight.

03

What to watch

Significant insider selling of $1.9 M in the past three months may temper enthusiasm.

Relevance 7/10Novelty 7/10Timing: today

Background

ServiceNow is a leading cloud‑based workflow automation platform with a market cap of ~$143 B and strong subscription revenue.

Company-level read

Ticker impact

$NOWBullishHigh confidence
Context

Stifel raised ServiceNow's price target from $120 to $160 and maintained a Buy rating.

Expected impact

likely upward pressure as investors price in the higher target

Evidence & confidence

Target increase of 33% signals stronger growth expectations, which can attract buying interest.

Market effects

Sector

Higher target may boost sentiment for the broader enterprise‑software sector.

Regional

Primarily U.S. tech market focus.

Global

Limited to investors tracking ServiceNow and comparable cloud‑software peers.

Counterpoint

What could challenge this read

Target raise could be premature if growth slows; insiders are selling.

Key entities

  • company
    ServiceNow Inc.

    Provider of enterprise workflow automation software.

  • analyst
    Stifel

    Equity research firm that issued the rating and target update.

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