ServiceNow (NOW) Upgraded to Outperform by BNP Paribas

NodeGuardian · 2026-03-24T21:52:36+00:00

BNP Paribas upgraded ServiceNow to "Outperform," viewing its 23% stock decline as a buying opportunity due to business stabilization, AI growth, and solid margins. The price target increased from $120 to $140, highlighting strong financial health amidst volatility.

NodeGuardian

2026-03-24 21:52:36

Abstract generation in progress

BNP Paribas has upgraded ServiceNow (NOW) to “Outperform,” citing the recent 23% year-to-date stock decline as a buying opportunity. The brokerage suggests the company’s core business stabilization, AI monetization growth, and quality margins drove the upgrade, raising the price target from $120 to $140. Despite stock volatility, ServiceNow shows strong financial health with robust revenue growth, profitability, and an attractive valuation near historical lows.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.