JHVEPhoto Brief Review Of ServiceNow’s Q4 2023 Earnings Report Heading into its Q4 2023 report, ServiceNow, Inc. (NYSE:NOW) was projected to deliver revenues and normalized EPS of $2.40B and $2.78, respectively. SeekingAlpha With ServiceNow beating consensus street estimates on both top and bottom lines [revenue: $2.44B (up +25.78% y/y), normalized EPS: $3.11], the stock is…
JHVEPhoto I covered ServiceNow (NYSE:NOW) last January, concluding that the stock should reach $150B market cap over the next handful of years. Less than one year later, the stock is just about there. This is yet another case study of the irrationality of the market herd. In July of 2022, sentiment on ServiceNow was extremely…
JHVEPhoto ServiceNow (NYSE:NOW) presents itself as an interesting investment pitch from growth and a broader commercial momentum perspective: After having expanded topline at a ~100% CAGR from 2013 through 2022, ServiceNow may still have attractive growth whitespace ahead, as the company is poised to play an important role in driving digital transformation. On that note,…
JHVEPhoto Wide-moat systems software company ServiceNow, Inc. (NYSE:NOW) stock has significantly outperformed the S&P 500 (SPX) (SPY) since my last update in October 2022. I urged investors to capitalize on its steep selloff last year as NOW dip buyers tried to form a long-term bottom. That thesis panned out, although robust buying momentum didn’t return…