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Posted by
Two Blokes May 28, 2025 -
Filed in
Stock
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9 views
I am reiterating my “buy” rating on ServiceNow with a price target of $1157 per share on the back of ongoing Enterprise Momentum, accelerating AI monetization, and expanding operating leverage. Its Q1 FY25 results beat estimates: revenue up 19.5% YoY, non-GAAP operating income up 20.5%, and $5M+ ACV customers increased 19.5%, despite tariff-related uncertainty. AI platform integration, agentic architecture, and vertical-specific AI agents position ServiceNow as a leader in enterprise AI transformation.
