ServiceNow

ServiceNow, Inc. (NOW) (Q3FY23) – Stellar revenue growth and collaboration

Highlights of the report

ServiceNow has formed partnerships with AWS and DXC Technology to increase its cloud presence and reach in different industries. Recently, ServiceNow has announced a five-year agreement with Amazon Web Services (AWS) that will provide business applications, with the ServiceNow platform becoming available as a SaaS offering in the AWS Marketplace.

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ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally.

In Q3, ServiceNow  Subscription revenues of $2,216mn in Q3 2023, representing 27% year-over-year growth, 24.5% adjusted for constant currency. Total revenues of $2,288mn in Q3FY23, representing 25% Y/Y growth, 22.5% for constant currency.

ServiceNow stock price surged by 82.67% in the past 1- year. The stock has a 52-week high of $720.68 and its 52- week low is $353.62. In the past 3 months, the stock price has been rising, resulting in a 28.08% return. This is due to the company’s strong earnings results and an optimistic outlook by the management for FY23.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

Report details

ServiceNow, Inc. (NOW) (Q3FY23) – Stellar revenue growth and collaboration

Price

$288.00

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