ServiceNow stock trades at EUR 113.75 as AI targets rise

ServiceNow stock (ServiceNow, Inc., ISIN US81762P1021) was trading at EUR 113.75 at Lang & Schwarz on September 30, 2026 at 10:41 a.m. CEST, down 0.38 percent versus the prior close of EUR 114.18. The central market debate combines strong AI contract momentum with a demanding valuation and fresh analyst optimism.

AI targets rise as shares soften

According to MarketBeat on September 21, 2026, Cantor Fitzgerald raised its ServiceNow price target from USD 141.00 to USD 174.00 and maintained an Overweight rating. The target increase equals 23.40 percent and reflects the analysts' view that security-focused agentic AI platforms can expand the company's growth opportunity.

That optimism sits alongside a weaker same-day euro quote. A 0.38 percent decline is below the threshold for a major price move, but it leaves the stock trading well below the 52-week high of USD 192.97 recorded in the primary-exchange quote context on September 29, 2026.

Q2 revenue grows 24.00 percent

ServiceNow reported USD 3.99 billion in total revenue for Q2 2026, ended June 30, 2026, up 24.00 percent from the year-earlier period. Fortune reported that subscription revenue reached USD 3.877 billion, with constant-currency growth of 23.00 percent.

The same Q2 update showed ServiceNow AI annual contract value above USD 1.00 billion. Zacks also reported that net new AI contract value rose more than 40.00 percent sequentially, making AI monetization the most important operating test for the next report.

Guidance points to 21.00 percent growth

Management raised full year 2026 subscription revenue guidance to USD 15.76-15.78 billion, representing 21.00 percent constant-currency growth. The Q3 subscription revenue outlook is USD 3.975-3.980 billion, or 20.00 percent constant-currency growth, according to Fortune.

ServiceNow is listed on the NYSE under ticker NOW, as reflected in the Global Banking and Finance market profile. The next earnings date is October 27, 2026, according to Investing.com.

EUR 113.75 in trading

At Lang & Schwarz, ServiceNow stock stood at EUR 113.75 in trading on September 30, 2026 at 10:41 a.m. CEST, down 0.38 percent versus the prior close of EUR 114.18 on September 29, 2026. The primary-exchange quote context showed a market capitalization of USD 134.3 billion and a 52-week range of USD 81.24-192.97 as of September 29, 2026.

More news and analyses on ServiceNow stock