ServiceNow (NOW) is leveraging its extensive partner ecosystem to drive growth through enhanced product capabilities and AI adoption. Collaborations with major technology providers like OpenAI, Google, and Microsoft position ServiceNow as an leading platform for orchestrating workflows across various industries. Revenue estimates for 2026 are projected at $16.1 billion, reflecting a year-over-year growth of 21.8%.
Year-to-date, ServiceNow’s share price has declined 43.2%, underperforming the broader Zacks Computer and Technology sector, which is up 8%. The Zacks Consensus Estimate for its 2026 earnings per share stands at $4.14, suggesting a 17.95% increase year over year.
ServiceNow faces stiff competition from Salesforce and Microsoft, both of which are enhancing their AI and workflow automation capabilities. ServiceNow’s current forward price/earnings ratio is 20.14, compared to the industry average of 17.81, indicating a slightly overvalued position.
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