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gurufocus.comOCT 133 min read$NOW

BNP Paribas Raises FY26 Guidance for ServiceNow (NOW) on Strong

BNP Paribas raised its FY26 guidance for ServiceNow (NOW) due to strong growth expectations, projecting 19% organic subscription growth and 9% AI-related revenue. The firm increased its price target to $160. GuruFocus values NOW at $244.60, suggesting a 41.7% undervaluation. NOW's GF Score is 88/100, indicating strong financial health and growth potential.

Original reporting
gurufocus.com
Published Oct 13, 2026, 1:58 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 13, 2026, 2:24 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 briefEarnings
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 upgrade provides fresh, material guidance that can influence trading decisions for NOW.

02

Market read

A large‑cap software stock receives a fresh guidance upgrade, creating a short‑term trading opportunity.

03

What to watch

Potential execution risk of AI initiatives and reliance on federal contracts could temper upside.

Relevance 7/10Novelty 8/10Timing: today

Background

The article reports BNP Paribas' analyst upgrade of ServiceNow, highlighting new FY26 guidance and a higher price target.

Company-level read

Ticker impact

$NOWBullishHigh confidence
Context

BNP Paribas raised ServiceNow's FY26 guidance and increased its price target to $160, citing 19% subscription growth and AI revenue expansion.

Expected impact

likely upward pressure as investors price in higher growth expectations

Evidence & confidence

The new guidance and higher price target are fresh, material information for a large‑cap software company, prompting traders to consider buying.

Market effects

Sector

Positive outlook may lift other enterprise‑software stocks as AI‑driven growth gains traction.

Regional

U.S. tech sector could see modest gains on the back of the upgrade.

Global

Limited to investors focused on U.S. software and AI exposure.

Counterpoint

What could challenge this read

Some investors may remain cautious due to high valuation multiples and insider selling.

Key entities

  • company
    ServiceNow Inc.

    U.S. enterprise‑software provider (ticker NOW).

  • analyst
    BNP Paribas

    Investment bank issuing the guidance upgrade.

Read at source← All news

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