Quick Read – NOW trades at $102 with our $332 BUY target implying 225% upside if Now Assist confirms its raised $1.5 billion AI revenue run rate tonight. – ServiceNow’s 21% subscription growth towers over Salesforce (CRM), and its 7.73x price-to-sales looks undervalued next to…
lantir’s (PLTR) far richer AI multiple. – Bill McDermott raised Now Assist’s AI commit from $1 billion to $1.5 billion, with multi-product deals growing nearly 70% year-over-year last quarter. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and ServiceNow didn’t make the cut. Grab the names FREE today
ServiceNow (NYSE:NOW) reports Q2 2026 earnings after the close today, July 22, 2026, and the setup is binary. The stock has been cut roughly in half over the past year, but management raised its Now Assist AI revenue target from $1 billion to $1.5 billion on the Q1 call. If tonight’s update confirms that trajectory, the recovery thesis gains real teeth.
ServiceNow ranks among the more contested turnaround setups in enterprise software right now. Our 24/7 Wall St. price target for ServiceNow is $331.60 over the next 12 months, implying 224.9% upside from $102.06. The recommendation is buy, with confidence at 90%.