Stifel raises target for ServiceNow stock from USD 120 to USD 160

Published on 10/13/2026 at 11:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ServiceNow reported 89.00 percent first-contact resolution in a Bundesliga test. ServiceNow stock costs EUR 126.00 on October 13, 2026 before results on October 28, 2026.

Key points in brief

Stifel raised its ServiceNow price target from USD 120.00 to USD 160.00 on October 6, 2026.
ServiceNow posted 89.00 percent first-contact resolution in a Bundesliga customer case.
The Lang & Schwarz quote was EUR 126.00 on October 13, 2026 at 11:53 a.m. CEST.
ServiceNow is scheduled to report third-quarter 2026 results on October 28, 2026.

Aquarellmalerei des Santa-Clara-Bürocampus mit Palmen und warmem Sonnenuntergangshimmel — ServiceNow Inc. (US81762P1021) präsentiert eine Aquarell-Ansicht des Santa-Clara-Technologiecampus bei goldenem Sonnenuntergang mit Palmen, Illustration mit AI erstellt.

Stifel analyst Brad Reback raised the price target for ServiceNow stock from USD 120.00 to USD 160.00 on October 6, 2026, while maintaining a Buy rating, according to Markets Insider. The target change followed references to large deal activity, renewal expansion and adoption of advanced software products.

Three dated operating signals

On September 10, 2026, ServiceNow made MCP servers generally available for four modules, including IT service management and operations management, as reported by Stock-World. The move connected supported AI clients with the company's enterprise workflows.

On October 2, 2026, ServiceNow introduced Flow, an AI service desk designed to handle support through chat channels, according to Stock-World. The report said the rollout would expand across North America and the EMEA region by the end of 2026.

On October 8, 2026, the Bundesliga selected ServiceNow as its official customer relationship management partner. The league reported that 89.00 percent of fan questions were resolved at first contact and that case volume fell by more than 50.00 percent, according to Stock-World.

What does the target change imply?

Stifel's target rose by USD 40.00, equal to a 33.33 percent increase from USD 120.00 to USD 160.00. The analyst cited a modest quarter-over-quarter improvement in enterprise spending, larger deals, renewal expansion and advanced-SKU adoption. That combination matters because ServiceNow's valuation depends on customers expanding platform commitments rather than merely testing artificial intelligence tools.

Dates that frame the next move

ServiceNow's Nexus Security and Risk conference runs from October 13, 2026 through October 15, 2026 at the company's headquarters, according to EIN Presswire. The company will release third-quarter 2026 results on October 28, 2026 after the US market close, as Morningstar reported on October 7, 2026. The report will test whether the recent product and customer evidence is translating into measurable demand.

EUR 126.00 before the results

ServiceNow was trading at EUR 126.00 at Lang & Schwarz on October 13, 2026 at 11:53 a.m. CEST. Its market capitalization was USD 145.1 billion as of October 12, 2026, based on the NYSE listing. The further course of trading is shown by the continuously updated real-time quote of ServiceNow stock.