---
title: "ServiceNow Analysts Increase Their Forecasts After Better-Than-Expected Q2 Earnings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293626759.md"
description: "ServiceNow (NYSE:NOW) reported Q2 earnings of $0.90 per share and revenue of $3.99 billion, beating analyst estimates. Following the results, shares rose 5.5% in pre-market trading. Analysts from Jefferies and Evercore ISI raised their price targets to $140 and $160 respectively, maintaining Buy and Outperform ratings."
datetime: "2026-07-23T13:26:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293626759.md)
  - [en](https://longbridge.com/en/news/293626759.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293626759.md)
generator: "portal-rs"
---

# ServiceNow Analysts Increase Their Forecasts After Better-Than-Expected Q2 Earnings

**ServiceNow Inc**. (NYSE:NOW) posted better-than-expected second-quarter results after Wednesday’s closing bell.

ServiceNow reported quarterly earnings of 90 cents per share, which beat the Street estimate of 85 cents, according to Benzinga Pro data. Quarterly revenue clocked in at $3.99 billion, which beat the analyst consensus estimate of $3.93 billion and was up from $3.22 billion in the same period last year.

"ServiceNow’s exceptional Q2 results solidify our position as the fastest-growing major enterprise software and cybersecurity company," said ServiceNow CEO Bill McDermott.

ServiceNow shares rose 5.5% to $100.67 in pre-market trading.

These analysts made changes to their price targets on ServiceNow following earnings announcement.

-   Jefferies analyst Samad Samana maintained the stock with a Buy and raised the price target from $135 to $140.
-   Evercore ISI Group analyst Kirk Materne maintained the stock with an Outperform rating and raised the price target from $150 to $160.

**Considering buying NOW stock? Here’s what analysts think:**

*Photo via Shutterstock*

### Related Stocks

- [NOW.US](https://longbridge.com/en/quote/NOW.US.md)
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- [JEF.US](https://longbridge.com/en/quote/JEF.US.md)
- [EVR.US](https://longbridge.com/en/quote/EVR.US.md)

## Related News & Research

- [ServiceNow Stock Outlook: Is Wall Street Bullish or Bearish?](https://longbridge.com/en/news/296211779.md)
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- [NOW Stock Has Rebounded Over 54% — Why ServiceNow’s Rally Could Have Further Room to Run](https://longbridge.com/en/news/296003757.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**