ServiceNow (NOW) to Announce Earnings on Wednesday

ServiceNow (NYSE:NOW) is projected to issue its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect ServiceNow to post earnings of $0.86 per share and revenue of $3.9272 billion for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 5:00 PM ET.

ServiceNow (NYSE:NOW) last announced its earnings results on Wednesday, April 22nd. The information technology services provider reported $0.97 EPS for the quarter, meeting analysts’ consensus estimates of $0.97. The business had revenue of $3.77 billion for the quarter, compared to analysts’ expectations of $3.75 billion. ServiceNow had a net margin of 12.59% and a return on equity of 18.16%. The company’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.81 EPS. On average, analysts expect ServiceNow to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

ServiceNow Stock Up 1.6%

Shares of NYSE:NOW opened at $104.90 on Tuesday. The stock has a market cap of $108.15 billion, a P/E ratio of 62.51, a P/E/G ratio of 1.73 and a beta of 0.96. The firm has a fifty day moving average price of $104.24 and a 200 day moving average price of $108.92. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.84 and a quick ratio of 0.84. ServiceNow has a 1-year low of $81.24 and a 1-year high of $210.20.

Wall Street Analysts Forecast Growth

A number of research firms have commented on NOW. Robert W. Baird dropped their price objective on shares of ServiceNow from $125.00 to $118.00 and set an “outperform” rating on the stock in a research note on Thursday, April 23rd. BMO Capital Markets decreased their target price on shares of ServiceNow from $120.00 to $115.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Royal Bank Of Canada reissued an “outperform” rating and set a $130.00 price target on shares of ServiceNow in a report on Thursday. JPMorgan Chase & Co. dropped their price target on ServiceNow from $195.00 to $145.00 and set an “overweight” rating on the stock in a research report on Thursday, April 23rd. Finally, Evercore upped their price objective on ServiceNow from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $139.12.

Insider Activity

In related news, insider Jacqueline P. Canney sold 8,927 shares of the stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $89.60, for a total transaction of $799,859.20. Following the completion of the transaction, the insider directly owned 29,531 shares of the company’s stock, valued at $2,645,977.60. This represents a 23.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Anita M. Sands sold 16,445 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $90.14, for a total transaction of $1,482,352.30. Following the completion of the sale, the director owned 30,090 shares of the company’s stock, valued at approximately $2,712,312.60. The trade was a 35.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 28,071 shares of company stock worth $2,529,956 in the last ninety days. 0.34% of the stock is currently owned by insiders.

Hedge Funds Weigh In On ServiceNow

Large investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD boosted its position in shares of ServiceNow by 371.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 32,395,663 shares of the information technology services provider’s stock worth $4,962,692,000 after purchasing an additional 25,517,218 shares in the last quarter. Morgan Stanley increased its holdings in shares of ServiceNow by 335.6% in the 4th quarter. Morgan Stanley now owns 22,733,483 shares of the information technology services provider’s stock valued at $3,482,543,000 after purchasing an additional 17,514,679 shares in the last quarter. Northern Trust Corp increased its holdings in shares of ServiceNow by 400.3% in the 4th quarter. Northern Trust Corp now owns 11,002,778 shares of the information technology services provider’s stock valued at $1,685,516,000 after purchasing an additional 8,803,704 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of ServiceNow by 259.8% in the 4th quarter. Wellington Management Group LLP now owns 8,229,232 shares of the information technology services provider’s stock valued at $1,260,636,000 after purchasing an additional 5,941,932 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of ServiceNow by 409.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,323,616 shares of the information technology services provider’s stock valued at $1,121,905,000 after purchasing an additional 5,885,639 shares during the period. 87.18% of the stock is owned by hedge funds and other institutional investors.

ServiceNow News Summary

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Cantor Fitzgerald raised its price target on ServiceNow to $141 from $122 and reiterated an overweight view, signaling confidence that the stock can recover from current levels. Benzinga report
• Positive Sentiment: Analysts and bullish articles argue ServiceNow’s AI strategy is more about execution than disruption, with the company’s workflow platform and recent integration updates with Ciroos and Esri seen as supportive of long-term demand. ServiceNow (NOW) Adds Ciroos And Esri To Bring AI And GIS Into Workflows
• Positive Sentiment: Multiple previews ahead of earnings highlight that ServiceNow’s own numbers have been contradicting the bearish AI narrative, which could help investor sentiment if results hold up. ServiceNow Is Down 51% as Wall Street Bets AI Will Gut Its Business. July 22 Will Show Who’s Right.
• Positive Sentiment: Commentary from value investors says the stock’s decline may be creating a long-term buying opportunity if fundamentals remain solid, which can support dip-buying interest. Should You Buy ServiceNow (NOW) Before Earnings?
• Neutral Sentiment: Wall Street is focused on upcoming quarterly results and key operating metrics, making the next earnings report the main near-term catalyst for the stock. Unveiling ServiceNow (NOW) Q2 Outlook: Wall Street Estimates for Key Metrics
• Negative Sentiment: A critical ServiceNow code execution flaw is reportedly being exploited in attacks, which could raise security concerns and create a temporary headline overhang. Critical ServiceNow code execution flaw now exploited in attacks

ServiceNow Company Profile

ServiceNow (NYSE: NOW) is a cloud computing company that builds enterprise software to manage digital workflows and automate business processes. Its offerings are designed to replace manual work and legacy systems with cloud-based, service-oriented applications that support IT operations, customer service, human resources, security response and other enterprise functions.

The company’s flagship product family is the Now Platform, a suite of subscription software and platform services that includes IT Service Management (ITSM), IT Operations Management (ITOM), IT Business Management (ITBM), Customer Service Management (CSM), HR Service Delivery, Security Operations and Asset Management.