ServiceNow, Inc. (NYSE: NOW) is a prominent player in the cloud computing industry, providing enterprise software solutions that help organizations manage digital workflows. The company is known for its innovative approach to improving business processes and enhancing productivity. ServiceNow competes with other tech giants like Salesforce and Microsoft in the enterprise software market.
On October 30, 2025, Kash Rangan from Goldman Sachs set a price target of $1,250 for ServiceNow. At the time, the stock was priced at $911.70, suggesting a potential increase of about 37.11%. This optimistic outlook reflects confidence in ServiceNow's growth prospects and market position.
ServiceNow's recent Q3 2025 earnings call, held on October 29, 2025, featured key executives like CEO William McDermott and CFO Gina Mastantuono. Analysts from major financial institutions, including Goldman Sachs, attended the call, indicating strong interest in the company's financial performance and strategic direction.
The stock price of ServiceNow is currently $911.70, showing a decrease of 2.79% or $26.21. During the trading day, the stock fluctuated between $910.10 and $934.54. Over the past year, it has seen a high of $1,198.09 and a low of $678.66, highlighting its volatility in the market.
ServiceNow's market capitalization is approximately $189.2 billion, with a trading volume of 2,619,182 shares. This substantial market cap underscores the company's significant presence in the tech industry and its potential for future growth, as highlighted by the recent price target set by Goldman Sachs.