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ServiceNow, Inc.
$98.78 7.44% today
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Why ServiceNow, Inc. (NOW) stock moved

Updated Jul 25, 2026

ServiceNow, Inc. (NOW) shares climbed 7.4% to $98.78 as of July 25, 2026, a significant gain from the prior close of $91.94. BestStocks flagged the session as a major change for NOW. Below, we break down what changed for NOW, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

NOW climbed 7.4% to $98.78

NOW climbed 7.4% in its latest session, moving from $91.94 to $98.78.

ValuationCompany-Specific MoveMedium confidence
Rel. volume
1.0×
Below Avg
Vs peers
Top 1 of 7 peers
Outperforming
Market cap
$101.9B
New York Stock Exchange
Analyst target
$141
+42.4% vs price
Price chart
Jun 24 – Jul 24
VFVVVVVFEVVVVVVV$89$100$111Jun 24Jul 1Jul 10Jul 17Jul 24
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for ServiceNow, Inc. investors

For ServiceNow, Inc. investors, the balance of recent signals points to a bullish shift. On the constructive side: Earnings beat with positive market reaction; Strong 7.4% price move. Weighing against that: ServiceNow, Inc. (NOW) moved -2.52% from $104.70 to $102.06 on 2026-07-21; ServiceNow, Inc. (NOW) moved -5.76% from $111.26 to $104.85 on 2026-07-14. Because the move outpaced peers, it looks driven by NOW-specific developments rather than a broad sector rotation. Wall Street's consensus price target sits at $140.70, implying +42.4% upside from $98.78. Over the past 90 days analysts logged 1 upgrade and 0 downgrades. BestStocks rates the overall signal quality medium (68/100). With earnings roughly 102 days out, the next report is the most likely near-term test of the move.

NOW price reaction

NOW last traded at $98.78, up $6.84 (+7.44%) from the previous close of $91.94. The session traded on 1.0× average volume (below avg), so participation was unremarkable. Its technology peer group moved a median +1.0% over the same stretch, leaving NOW ahead of the group by 6.4 points. Over the past month the stock has ranged between $89.52 and $111.26, and it currently sits about 43% of the way up that band.

Bullish and bearish analyst opinions on ServiceNow, Inc. (NOW)

The consensus analyst price target on ServiceNow, Inc. (NOW) is $140.70, 42.4% above the recent $98.78. Over the past 90 days analysts logged 1 upgrade, 33 maintains, and 0 downgrades. Here is how the bullish and bearish cases on NOW line up.

The bullish case

  • Wall Street's consensus price target of $140.70 implies +42.4% upside from $98.78.
  • The Street's most bullish target is $236.00 (+138.9%).
  • 1 analyst upgrade in the past 90 days, most recently Guggenheim to Buy (2026-07-01).
  • Earnings beat with positive market reaction.
  • Strong 7.4% price move.

The bearish case

  • The most bearish analyst target is $85.00 (-14.0%).
  • ServiceNow, Inc. (NOW) moved -2.52% from $104.70 to $102.06 on 2026-07-21.
  • NOW moved -2.66% from $110.73 to $107.78 on 2026-07-08.
Bull vs bear balanceBullish Shift
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is bullish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Jul 24, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $141+42.4%
1 upgrades= 33 maintains
JP Morgan maintained Overweight · 2026-07-23
SEC filings watch
10-Q2026-07-23
Quarterly financial results
medium
8-K2026-07-22
Material event — review for impact
high
8-K2026-05-22
Material event — review for impact
high
8-K2026-05-15
Material event — review for impact
high
Peer context
NOW+7.4%
MSFT+0.0%
CRM+4.3%
ORCL-4.2%
SNOW+1.1%
DDOG+1.0%

Previous notable changes for NOW

Filings2026-07-23-3.7%
ServiceNow, Inc. (NOW) filed a new 10-Q on July 23, 2026.
Valuation2026-07-23-3.7%via Yahoo Finance
ServiceNow reported strong earnings and raised its subscription revenue forecast, citing surging demand for enterprise artificial intelligence (finance.yahoo.com). The positive guidance eased investor concerns about AI-driven growth and contributed to a software sector rebound. Despite this, NOW fell 1.31% to $94.21, with elevated volume of 24.7M shares (4.26x typical for this time of day), suggesting the market reaction diverged from the bullish fundamentals.
Valuation2026-07-22-6.5%via stockanalysis.com
ServiceNow fell 6.35% to $95.58 ahead of its Q2 earnings report after the close on July 22, driven by investor positioning uncertainty around whether AI demand and subscription growth would justify the stock's premium valuation, compounded by a broader software sector risk-off tone amid higher-for-longer rate concerns and cautious enterprise spending (per web catalyst). Volume running at 1.60x normal for this point in the session.
Filings2026-07-22-6.5%
ServiceNow, Inc. (NOW) filed a new 8-K on July 22, 2026. The audit confirms the filing date but does not disclose the specific event or item triggering the filing.
Upcoming catalysts & outlook
Next earnings
2026-11-04 (est.)
in 102 days
Earnings Release
2026-11-04
High impact
Thesis shift
Bullish Shift
bullish signal
Risk level
High
from change events

Frequently asked questions about NOW

Why did ServiceNow, Inc. (NOW) stock move?

NOW climbed 7.4% to $98.78. No single company-specific catalyst was confirmed during the move window, and it looks like a company-specific move.

How much did NOW stock rise?

NOW gained 7.44% ($6.84) versus the prior close of $91.94, last trading at $98.78 on 1.0× average volume.

When is ServiceNow, Inc.'s next earnings date?

NOW's next earnings report is estimated for 2026-11-04 — about 102 days away.

What is the analyst price target for NOW?

The consensus analyst price target for NOW is $140.70, about 42.4% above the current $98.78. Over the past 90 days, analysts recorded 1 upgrade, 33 maintains, and 0 downgrades.

Is the NOW move company-specific or sector-wide?

BestStocks classifies it as a company-specific move: the peer group moved a median +1.0% against NOW's +7.4%. NOW ranks top 1 of 7 peers.

How BestStocks tracks NOW

This page is generated automatically by BestStocks' change-detection system after its price and volume cleared NOW-specific materiality thresholds, triggering an evidence check. It draws on 17 tracked change events for NOW, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of July 25, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.