ServiceNow’s Price Target Adjusted Downward by Over 20% to 149.78

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The average one-year price target for ServiceNow (NYSE:NOW) has been reduced to $149.78 per share, down 20.26% from the previous estimate of $187.83 on April 12, 2026. The new forecast ranges from a low of $85.85 to a high of $252.00 per share, indicating a potential 65.58% increase from the last reported closing price of $90.46.

Currently, 2,296 funds or institutions are invested in ServiceNow, reflecting a decrease of 1,144 (33.26%) from the previous quarter. Total shares owned by institutions rose by 272.71% in the last three months, totaling 894,339,000 shares. The put/call ratio stands at 0.78, reflecting a bullish sentiment among investors.

Noteworthy shareholders include J.P. Morgan Chase, holding 37,857,000 shares (3.67% ownership), which increased their position by 79.12% but decreased their allocation by 16.44% last quarter. Other significant investors showing similar trends include Price T. Rowe Associates with a 78.77% increase, Geode Capital Management with an 80.19% increase, and UBS Asset Management Americas raising their stake by 80.66%.

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