ServiceNow Option Alert: Jan 16 $1140 Puts at the Bid: 50 vs 74 OI

ServiceNow Option Alert: Jan 16 $1140 Puts at the Bid: 50 @ $203.6 vs 74 OI; Ref=$978.935

ServiceNow Option Alert: Mar 21 $1020 Puts at the Bid: 104 vs 1736 OI

ServiceNow Option Alert: Mar 21 $1020 Puts at the Bid: 104 @ $53.2 vs 1736 OI; Ref=$984.84

ServiceNow Option Alert: Mar 21 $1020 Puts at the Ask: 205 vs 1220 OI

ServiceNow Option Alert: Mar 21 $1020 Puts at the Ask: 205 @ $53.4 vs 1220 OI; Ref=$986.7

ServiceNow Option Alert: Mar, 2026 $920 Puts Sweep (18) near the Bid: 78 vs 0 OI

ServiceNow Option Alert: Mar, 2026 $920 Puts Sweep (18) near the Bid: 78 @ $86.401 vs 0 OI; Ref=$986.74

ServiceNow Option Alert: Jan, 2027 $960 Puts at the Bid: 50 vs 3 OI

ServiceNow Option Alert: Jan, 2027 $960 Puts at the Bid: 50 @ $133.5 vs 3 OI; Ref=$984.265

ServiceNow (NYSE:NOW) Azioni

SERVICENOW INC

ServiceNow

ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.

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ServiceNow Inc

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WDAY

Shares of software companies are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

<p>Raymond James  analyst Robert Majek   maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Outperform and lowers the price target from $1200 to $1000.</p>


Price Target

Analyst Ratings

Raymond James Maintains Outperform on ServiceNow, Lowers Price Target to $1000

<p>Financial giants have made a conspicuous bearish move on ServiceNow. Our analysis of options history for ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) revealed 25 unusual trades.</p>
<p>Delving into the details, we found 36% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 20 were puts, with a value of $771,984, and 5 were calls, valued at $353,470.</p>
<h3>Projected Price Targets</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $400.0 to $1220.0 for ServiceNow over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>In terms of liquidity and interest, the mean open interest for ServiceNow options trades today is 110.48 with a total volume of 236.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for ServiceNow's big money trades within a strike price range of $400.0 to $1220.0 over the last 30 days.</p>
<h3>ServiceNow Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1744034527_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th align="right"><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/20/26</td>
<td>$112.1</td>
<td>$112.0</td>
<td>$112.0</td>
<td>$720.00</td>
<td>$224.0K</td>
<td align="right">25</td>
<td align="right">20</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$32.4</td>
<td>$30.8</td>
<td>$32.4</td>
<td>$600.00</td>
<td>$90.7K</td>
<td align="right">304</td>
<td align="right">1</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$11.6</td>
<td>$11.0</td>
<td>$11.4</td>
<td>$420.00</td>
<td>$57.0K</td>
<td align="right">0</td>
<td align="right">186</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$531.4</td>
<td>$522.3</td>
<td>$531.4</td>
<td>$1220.00</td>
<td>$53.1K</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>04/17/25</td>
<td>$165.2</td>
<td>$157.2</td>
<td>$161.8</td>
<td>$850.00</td>
<td>$48.5K</td>
<td align="right">216</td>
<td align="right">5</td>
</tr>
</tbody>
</table>
</p>
<h3>About ServiceNow</h3>
<p>ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.</p>
<p>Having examined the options trading patterns of ServiceNow, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Current Position of ServiceNow</h3>
<ul>
<li>With a volume of 252,212, the price of NOW is down -5.78% at $679.97. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 16 days.</li>
</ul>
<h3>What Analysts Are Saying About ServiceNow</h3>
<p>A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $1072.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Truist Securities has decided to maintain their Hold rating on ServiceNow, which currently sits at a price target of $950.<br />
&#x2A; An analyst from UBS persists with their Buy rating on ServiceNow, maintaining a target price of $1000.<br />
&#x2A; Maintaining their stance, an analyst from Mizuho continues to hold a Outperform rating for ServiceNow, targeting a price of $1100.<br />
&#x2A; An analyst from Baird persists with their Outperform rating on ServiceNow, maintaining a target price of $1010.<br />
&#x2A; Reflecting concerns, an analyst from Citizens Capital Markets lowers its rating to Market Outperform with a new price target of $1300.</p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for ServiceNow with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.</p>


Options

ServiceNow Options Trading: A Deep Dive into Market Sentiment

<p>BMO Capital  analyst Keith Bachman   maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Outperform and lowers the price target from $1185 to $990.</p>


BMO Capital Maintains Outperform on ServiceNow, Lowers Price Target to $990

Shares of software companies are trading lower as global markets continue to decline following President Trump's announcement of sweeping tariffs

AUID

Shares of software companies are trading lower as markets react to President Trump's announcement of sweeping tariffs.

<p><strong>ServiceNow Inc. </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) has <a href="https://www.benzinga.com/pressreleases/25/04/b44626182/servicenow-to-boost-crm-offering-with-acquisition-of-logik-ais-best-in-class-ai-powered-cpq-soluti">acquired <strong>Logik.ai</strong>, a company specializing in AI-powered </a>Configure, Price, Quote (CPQ) solutions. </p>
<p>The deal is expected to bolster ServiceNow's presence in Customer Relationship Management (CRM) and streamline sales and order management processes.</p>
<p>By integrating Logik.ai's technology, ServiceNow aims to simplify complex sales cycles, enhance productivity and improve efficiency for businesses across various industries.</p>
<p>Industries such as high-tech manufacturing and medical devices often struggle with inefficient sales processes caused by complex product setups and outdated pricing structures.</p>
<p><strong>Also Read</strong>: <a href="https://www.benzinga.com/25/04/44624263/netflix-expands-language-options-for-tv-viewers">Netflix Rolls Out Enhanced Subtitle &amp; Dubbing Options On TV</a></p>
<p>Logik.ai's AI-powered CPQ solution aims to resolve these challenges by streamlining transaction workflows, minimizing errors, and speeding up deal finalization.</p>
<p>The acquisition of Logik.ai is expected to strengthen ServiceNow CRM and Industry Workflows segment, which is already ServiceNow&#8217;s fastest-growing business.</p>
<p>The integration will introduce AI-powered selling tools that refine quoting, order placement, and fulfillment processes.</p>
<p>Logik.ai's modular CPQ platform accommodates various sales channels, such as business-to-business, partner networks, and self-service for consumers. </p>
<p>Currently, Logik.ai is compatible with nearly 50 technology partners, including ServiceNow. The acquisition is subject to customary regulatory approvals and closing conditions. </p>
<p>Details of the transaction were not disclosed. ServiceNow <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0001373715/000137371525000010/now-20241231.htm">held $2.3 billion in cash and equivalents</a> as of Dec. 31, 2024.</p>
<p><strong>NOW Price Action</strong>: ServiceNow shares traded lower by 5.09% at $782 at publication Thursday.</p>
<p><strong>Read Next</strong>: <a href="https://www.benzinga.com/news/25/04/44605217/phoenix-motor-and-inductev-power-up-ev-fleets-with-wireless-charging-tech">Phoenix Motor And InductEV Power Up EV Fleets With Wireless Charging Tech</a></p>
<p><em>Photo: Shutterstock</em></p>


Fintech news covering the emerging Financial Technology services sector

Fintech

Movers

ServiceNow Supercharges Sales Strategy With Logik.ai Acquisition

<p>In the current market session, <strong>ServiceNow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>)</strong> share price is at $826.07, after a <strong>1.79%</strong> increase. Moreover, over the past month, the stock decreased by <strong>9.80%</strong>, but in the past year, went up by <strong>9.04%</strong>. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session. </p>
<p>
</p><p><img src="https://www.benzinga.com/files/images/story/2025/1743615274_0.png" alt="Past Year Chart" /></p>

<h3>Comparing ServiceNow P/E Against Its Peers</h3>
<p>The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. </p>
<p>ServiceNow has a better P/E ratio of <strong>118.65</strong> than the aggregate P/E ratio of <strong>70.31</strong> of the Software industry. Ideally, one might believe that ServiceNow Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued. </p>
<p>
</p><p><img src="https://www.benzinga.com/files/images/story/2025/1743615274_1.png" alt="Guage" /></p>

<p>In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions. </p>


Intraday Update

P/E Ratio Insights for ServiceNow

<p>Stifel  analyst Brad Reback   maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Buy and lowers the price target from $1175 to $950.</p>


Stifel Maintains Buy on ServiceNow, Lowers Price Target to $950

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>ServiceNow</strong>.</p>
<p>Looking at options history for ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) we detected 13 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 38% with bearish.</p>
<p>From the overall spotted trades, 5 are puts, for a total amount of $201,061 and 8, calls, for a total amount of $804,760.</p>
<h3>Predicted Price Range</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $740.0 to $1080.0 for ServiceNow over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for ServiceNow's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of ServiceNow's whale activity within a strike price range from $740.0 to $1080.0 in the last 30 days. </p>
<h3>ServiceNow 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1743521474_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th align="right"><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$88.0</td>
<td>$86.7</td>
<td>$88.0</td>
<td>$880.00</td>
<td>$528.0K</td>
<td align="right">108</td>
<td align="right">0</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/20/26</td>
<td>$94.0</td>
<td>$89.3</td>
<td>$94.0</td>
<td>$900.00</td>
<td>$65.8K</td>
<td align="right">8</td>
<td align="right">1</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/17/25</td>
<td>$59.3</td>
<td>$55.0</td>
<td>$56.27</td>
<td>$740.00</td>
<td>$56.3K</td>
<td align="right">124</td>
<td align="right">10</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/17/25</td>
<td>$56.5</td>
<td>$55.3</td>
<td>$55.8</td>
<td>$740.00</td>
<td>$55.8K</td>
<td align="right">124</td>
<td align="right">20</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$74.9</td>
<td>$73.3</td>
<td>$73.3</td>
<td>$920.00</td>
<td>$51.3K</td>
<td align="right">89</td>
<td align="right">7</td>
</tr>
</tbody>
</table>
</p>
<h3>About ServiceNow</h3>
<p>ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.</p>
<p>In light of the recent options history for ServiceNow, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Present Market Standing of ServiceNow</h3>
<ul>
<li>With a volume of 527,318, the price of NOW is up 1.03% at $804.33. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 22 days.</li>
</ul>
<h3>Expert Opinions on ServiceNow</h3>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $1125.0.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Mizuho has decided to maintain their Outperform rating on ServiceNow, which currently sits at a price target of $1100.<br />
&#x2A; An analyst from Truist Securities persists with their Hold rating on ServiceNow, maintaining a target price of $950.<br />
&#x2A; Maintaining their stance, an analyst from Canaccord Genuity continues to hold a Buy rating for ServiceNow, targeting a price of $1275.<br />
&#x2A; An analyst from Citizens Capital Markets has revised its rating downward to Market Outperform, adjusting the price target to $1300.<br />
&#x2A; Consistent in their evaluation, an analyst from UBS keeps a Buy rating on ServiceNow with a target price of $1000. </p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for ServiceNow, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Spotlight on ServiceNow: Analyzing the Surge in Options Activity

<p>Ratings for ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) were provided by 24 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">8</td>
<td align="right">14</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">2</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">4</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">2</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
</tbody>
</table>
<p>Insights from analysts' 12-month price targets are revealed, presenting an average target of $1191.0, a high estimate of $1432.00, and a low estimate of $716.00. This current average has increased by 1.79% from the previous average price target of $1170.05. </p>
<p><img src="https://www.benzinga.com/files/images/story/2025/1743458476_0.png" alt="price target chart" /></p>
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
<p>The standing of ServiceNow among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Joel Fishbein</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$950.00</td>
<td>$1100.00</td>
</tr>
<tr>
<td>Rob Oliver</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$1010.00</td>
<td>$1200.00</td>
</tr>
<tr>
<td>Gregg Moskowitz</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$1100.00</td>
<td>$1210.00</td>
</tr>
<tr>
<td>Thomas Blakey</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$1048.00</td>
<td>$1048.00</td>
</tr>
<tr>
<td>Karl Keirstead</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$1000.00</td>
<td>$1250.00</td>
</tr>
<tr>
<td>Patrick Walravens</td>
<td>Citizens Capital Markets</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$1300.00</td>
<td>$1300.00</td>
</tr>
<tr>
<td>David Hynes</td>
<td>Canaccord Genuity</td>
<td>Maintains</td>
<td>Buy</td>
<td>$1275.00</td>
<td>$1275.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$1426.00</td>
<td>$1432.00</td>
</tr>
<tr>
<td>Samad Samana</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$1250.00</td>
<td>$1300.00</td>
</tr>
<tr>
<td>David Hynes</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$1275.00</td>
<td>$1200.00</td>
</tr>
<tr>
<td>Brian Schwartz</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1200.00</td>
<td>$1150.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$1210.00</td>
<td>$1210.00</td>
</tr>
<tr>
<td>Rob Oliver</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$1200.00</td>
<td>$1250.00</td>
</tr>
<tr>
<td>Mark Murphy</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$1200.00</td>
<td>$1250.00</td>
</tr>
<tr>
<td>Patrick Walravens</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$1300.00</td>
<td>$1300.00</td>
</tr>
<tr>
<td>Mike Cikos</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$1200.00</td>
<td>$1150.00</td>
</tr>
<tr>
<td>Mark Murphy</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$1250.00</td>
<td>$950.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$1432.00</td>
<td>$1071.00</td>
</tr>
<tr>
<td>John Difucci</td>
<td>Guggenheim</td>
<td>Announces</td>
<td>Sell</td>
<td>$716.00</td>
<td>-</td>
</tr>
<tr>
<td>Patrick Walravens</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$1300.00</td>
<td>$1000.00</td>
</tr>
<tr>
<td>Thomas Blakey</td>
<td>Cantor Fitzgerald</td>
<td>Announces</td>
<td>Overweight</td>
<td>$1332.00</td>
<td>-</td>
</tr>
<tr>
<td>Kash Rangan</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$1200.00</td>
<td>$1050.00</td>
</tr>
<tr>
<td>Rob Owens</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$1200.00</td>
<td>$1000.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1210.00</td>
<td>$1045.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to ServiceNow. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of ServiceNow compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of ServiceNow's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of ServiceNow's market position. Stay informed and make well-informed decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/NOW/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage"><strong>Stay up to date on ServiceNow analyst ratings.</strong></a></p>
<h2>About ServiceNow</h2>
<p>ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.</p>
<h3>ServiceNow: Financial Performance Dissected</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.</p>
<p><strong>Revenue Growth:</strong> Over the 3 months period, ServiceNow showcased positive performance, achieving a revenue growth rate of <strong>21.34%</strong> as of 31 December, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.</p>
<p><strong>Net Margin:</strong> ServiceNow's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>12.99%</strong> net margin, the company effectively manages costs and achieves strong profitability.</p>
<p><strong>Return on Equity (ROE):</strong> ServiceNow's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>4.06%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> ServiceNow's ROA excels beyond industry benchmarks, reaching <strong>1.98%</strong>. This signifies efficient management of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> ServiceNow's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.24</strong>.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p><strong>Breaking: Wall Street's Next Big Mover</strong></p>
<p>Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag"><strong>Click here for urgent details</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


ServiceNow Stock: A Deep Dive Into Analyst Perspectives (24 Ratings)

ServiceNow shares are trading lower after Truist Securities lowered its price target on the stock from $1100 to $950.

<p>Truist Securities  analyst Joel Fishbein   maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Hold and lowers the price target from $1100 to $950.</p>


Truist Securities Maintains Hold on ServiceNow, Lowers Price Target to $950

<p><strong>Cognizant</strong> <strong>Technology Solutions Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTSH#NASDAQ">CTSH</a>) has introduced an AI-driven dispute resolution solution in partnership with <strong>ServiceNow Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>). </p>
<p>Designed as a Business Process as a Service (BPaaS) offering, the solution was specifically developed for mid-sized banks across North America. It focuses on enhancing dispute management efficiency and elevating customer experience.</p>
<p>Managing disputes can be challenging for mid-sized banks due to fragmented systems, inefficiencies, and dissatisfied customers. Additionally, chargeback losses and regulatory requirements add to operational complexities. </p>
<p><strong>Also Read</strong>: <a href="https://www.benzinga.com/news/earnings/25/03/44491397/dollar-tree-q4-earnings-surpass-estimates-unloads-family-dollar-for-1b">Dollar Tree To Offload Family Dollar Business For $1 Billion</a></p>
<p>By combining ServiceNow's dispute management technology with Cognizant's industry expertise, the BPaaS solution aims to streamline dispute resolution and improve overall efficiency. </p>
<p>&#8220;As we look to the future, the collaboration between Cognizant and ServiceNow holds the potential to make a significant impact on the financial services industry,&#8221; said <strong>Ashish Chopra</strong>, chief information officer of the Texas Dow Employees Credit Union.</p>
<p>&#8220;Customers would benefit greatly from a streamlined and simplified dispute resolution process powered by AI. We look forward to seeing the positive changes this solution will bring to the industry.&#8221;</p>
<p>The solution uses generative AI, streamlined automation and multi-channel dispute intake to reduce the need for manual processing, enabling banks to handle customer complaints efficiently across mobile, web, and CRM platforms.</p>
<p>Key capabilities of the dispute management solution include automation-driven processing, real-time business intelligence reporting, and predictive analytics for workload and recovery estimation. </p>
<p>This AI-powered system aims to help banks reduce chargeback losses, improve regulatory compliance, and maintain customer trust.</p>
<p><strong>Price Action</strong>: CTSH shares traded lower by 0.53% at $77.44 at last check on Thursday.</p>
<p><strong>Read Next</strong>: <a href="https://www.benzinga.com/25/03/44494897/paychex-shares-gain-on-q3-earnings-beat">Paychex Q3 Earnings: EPS Beat, Strong Margins, Paycor Deal Nears Completion And More</a></p>


General

CTSH

Cognizant, ServiceNow Launch AI-Driven Solution For Banking Disputes

ServiceNow shares are trading lower after Baird cut its price target on the stock from $1200 to $1010.

<p>Deep-pocketed investors have adopted a bearish approach towards ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NOW usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for ServiceNow. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 45% leaning bullish and 54% bearish. Among these notable options, 6 are puts, totaling $431,318, and 5 are calls, amounting to $198,730.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $620.0 to $1000.0 for ServiceNow over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in ServiceNow's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to ServiceNow's substantial trades, within a strike price spectrum from $620.0 to $1000.0 over the preceding 30 days.</p>
<h3>ServiceNow 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1742997738_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th align="right"><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/11/25</td>
<td>$15.9</td>
<td>$13.7</td>
<td>$13.7</td>
<td>$815.00</td>
<td>$167.1K</td>
<td align="right">169</td>
<td align="right">125</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/28/25</td>
<td>$7.4</td>
<td>$5.3</td>
<td>$5.7</td>
<td>$827.50</td>
<td>$130.4K</td>
<td align="right">248</td>
<td align="right">242</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$133.7</td>
<td>$127.0</td>
<td>$127.0</td>
<td>$1000.00</td>
<td>$63.5K</td>
<td align="right">73</td>
<td align="right">6</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/02/25</td>
<td>$50.0</td>
<td>$47.3</td>
<td>$47.3</td>
<td>$855.00</td>
<td>$47.3K</td>
<td align="right">2</td>
<td align="right">10</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$113.2</td>
<td>$104.5</td>
<td>$109.1</td>
<td>$950.00</td>
<td>$43.6K</td>
<td align="right">73</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
</p>
<h3>About ServiceNow</h3>
<p>ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.</p>
<h3>Where Is ServiceNow Standing Right Now?</h3>
<ul>
<li>With a volume of 115,611, the price of NOW is down -1.52% at $848.27. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 28 days.</li>
</ul>
<h3>What The Experts Say On ServiceNow</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $1146.6.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Canaccord Genuity has decided to maintain their Buy rating on ServiceNow, which currently sits at a price target of $1275.<br />
&#x2A; Maintaining their stance, an analyst from Mizuho continues to hold a Outperform rating for ServiceNow, targeting a price of $1100.<br />
&#x2A; An analyst from Cantor Fitzgerald downgraded its action to Overweight with a price target of $1048.<br />
&#x2A; An analyst from Baird persists with their Outperform rating on ServiceNow, maintaining a target price of $1010.<br />
&#x2A; An analyst from Citizens Capital Markets has revised its rating downward to Market Outperform, adjusting the price target to $1300. </p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for ServiceNow, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.</p>


<p>Baird  analyst Rob Oliver   maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Outperform and lowers the price target from $1200 to $1010.</p>


Baird Maintains Outperform on ServiceNow, Lowers Price Target to $1010

<p>The <a href="https://www.benzinga.com/money/momentum-trading">momentum trade</a> just hit a wall and the unwind has been nothing short of brutal.</p>
<p>JPMorgan analysts Dubravko Lakos-Bujas, Arun Jain and Bhupinder Singh note that the sharp reversal in momentum has erased two years of gains in just three weeks &#8211; one of the fastest unwinds in four decades. </p>
<p>With mega-caps leading the drop and a dramatic shift towards low-volatility stocks, investors need to rethink their strategies.</p>
<h2 class="wp-block-heading">What's Behind The Crash?</h2>
<p>Extreme crowding in momentum stocks &#8211; primarily fueled by AI enthusiasm, high-rate expectations and pro-growth bets—came under pressure as macro risks resurfaced. </p>
<p>The result? A 17% average decline among the Mag-7, triggering a $5.8 trillion market cap wipeout in the S&amp;P 500.</p>
<p>While forced liquidations and systematic deleveraging have cooled the immediate risk of another crash, JPMorgan warns that if this is a true regime shift, the unwind may only be one-third complete.</p>
<p><strong>Read Also:</strong> <strong><a href="https://www.benzinga.com//node/44450390">Charlie Munger&#8217;s Investment Wisdom: &#8216;If People Weren&#8217;t So Often Wrong, We Wouldn&#8217;t Be So Rich&#8217;</a></strong></p>
<h2 class="wp-block-heading">Where Is Momentum Flowing?</h2>
<p>Momentum is rotating away from quality growth and into low volatility and defensive plays. </p>
<p>According to JPMorgan, stocks in the following sectors are seeing the strongest bid:</p>
<p>Utilitie<em>s:</em> <strong>NiSource Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NI#NYSE">NI</a>), <strong>Ameren Corp</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEE#NYSE">AEE</a>) and <strong>Evergy Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVRG#NASDAQ">EVRG</a>)</p>
<p>Insurance<em>:</em> <strong>Arthur J. Gallagher &amp; Co. </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>), <strong>Brown &amp; Brown Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRO#NYSE">BRO</a>) and <strong>Aon PLC</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>)</p>
<p>Financial Services<em>:</em> <strong>Visa Inc </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) and <strong>Mastercard Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>)</p>
<p>Crowding in low volatility names has surged, pushing relative P/E valuations to record highs.</p>
<h2 class="wp-block-heading">What To Watch Next</h2>
<h4 class="wp-block-heading">The Low-Volatility Boom</h4>
<p>With the <strong>iShares Russell 2000 ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) (small caps) lagging and defensive ETFs like the <strong>Invesco S&amp;P 500 Low Volatility ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPLV#NYSE">SPLV</a>) seeing inflows, the shift towards safety is clear. But JPMorgan warns that a further rate drop could push low volatility stocks into bubble territory, much like 2016.</p>
<h4 class="wp-block-heading">High-Volatility Bargains</h4>
<p>According to JPMorgan, stocks that have seen heavy multiple compression, making them attractive for value-seeking investors, include:</p>
<p>Semiconducto<em>rs:</em> <strong>Monolithic Power Systems Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>), Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and <strong>Advanced Micro Devices Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>))</p>
<p>Software: (<strong>Synopsys Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/snps#NASDAQ">SNPS</a>), <strong>Cadence Design Systems Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>), <strong>ServiceNow Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>))</p>
<p>Tech Hardware: (<strong>Arista Networks Inc </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/anet#NYSE">ANET</a>), <strong>NetApp Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTAP#NASDAQ">NTAP</a>), <strong>Dell Technologies Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>))</p>
<p>However, without an intra-cycle reset or Fed pivot, a broad move into beaten-down growth stocks may be premature.</p>
<h4 class="wp-block-heading">The Fed's Next Move</h4>
<p>If rate expectations shift lower, expect bond proxies to gain further. If not, the defensive rally may stall, forcing a reassessment of positioning.</p>
<p>Momentum traders just got whipsawed and the rotation into low-volatility stocks has been rapid. While some safety plays look solid, overheating risks remain.</p>
<p>Investors should watch for signs of a structural shift &#8211; and be ready to pivot before the next wave hits.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><a href="https://www.benzinga.com//node/44456554"><strong>Trade Wars, Fed Moves And A 40% Recession Risk &#8211; Is Your Portfolio Ready?</strong></a></li>
</ul>
<p><em>Photo: Shutterstock</em></p>


Analyst Color

Long Ideas

Macro Economic Events

Sector ETFs

Broad U.S. Equity ETFs

Economics

Trading Ideas

ETFs

ANET

CDNS

EVRG

MPWR

NTAP

SNPS

PowerShares S&P 500 Low Volatility Portfolio

SPLV

Momentum Whiplash: Where Should Investors Pivot Next?

<p>Financial giants have made a conspicuous bearish move on ServiceNow. Our analysis of options history for ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) revealed 23 unusual trades.</p>
<p>Delving into the details, we found 26% of traders were bullish, while 43% showed bearish tendencies. Out of all the trades we spotted, 14 were puts, with a value of $1,329,090, and 9 were calls, valued at $478,806.</p>
<h3>Expected Price Movements</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $600.0 to $1080.0 for ServiceNow during the past quarter. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>In today's trading context, the average open interest for options of ServiceNow stands at 131.59, with a total volume reaching 504.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in ServiceNow, situated within the strike price corridor from $600.0 to $1080.0, throughout the last 30 days.</p>
<h3>ServiceNow 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1742322642_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th align="right"><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/17/25</td>
<td>$52.1</td>
<td>$49.7</td>
<td>$51.1</td>
<td>$740.00</td>
<td>$511.0K</td>
<td align="right">0</td>
<td align="right">100</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$81.7</td>
<td>$77.5</td>
<td>$81.3</td>
<td>$740.00</td>
<td>$333.3K</td>
<td align="right">0</td>
<td align="right">42</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$12.2</td>
<td>$11.4</td>
<td>$11.4</td>
<td>$1040.00</td>
<td>$114.0K</td>
<td align="right">179</td>
<td align="right">100</td>
</tr>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$80.6</td>
<td>$73.2</td>
<td>$77.2</td>
<td>$900.00</td>
<td>$77.2K</td>
<td align="right">716</td>
<td align="right">14</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$69.5</td>
<td>$69.0</td>
<td>$69.0</td>
<td>$830.00</td>
<td>$69.0K</td>
<td align="right">23</td>
<td align="right">10</td>
</tr>
</tbody>
</table>
</p>
<h3>About ServiceNow</h3>
<p>ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.</p>
<h3>ServiceNow's Current Market Status</h3>
<ul>
<li>With a volume of 959,561, the price of NOW is down -1.96% at $826.41. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 36 days.</li>
</ul>
<h3>Professional Analyst Ratings for ServiceNow</h3>
<p>A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $1144.6.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage"><strong>Click here for access</strong></a>.<br />
&#x2A; Consistent in their evaluation, an analyst from Mizuho keeps a Outperform rating on ServiceNow with a target price of $1100.<br />
&#x2A; An analyst from Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $1048.<br />
&#x2A; An analyst from Citizens Capital Markets has revised its rating downward to Market Outperform, adjusting the price target to $1300.<br />
&#x2A; Consistent in their evaluation, an analyst from UBS keeps a Buy rating on ServiceNow with a target price of $1000.<br />
&#x2A; Maintaining their stance, an analyst from Canaccord Genuity continues to hold a Buy rating for ServiceNow, targeting a price of $1275. </p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for ServiceNow, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.</p>


<p>Investors with a lot of money to spend have taken a bearish stance on <strong>ServiceNow</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NOW, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 13 options trades for <strong>ServiceNow</strong>.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 30% bullish and 53%, bearish.</p>
<p>Out of all of the options we uncovered, there was 1 put, for a total amount of $310,580, and 12, calls, for a total amount of $707,390.</p>
<h3>What's The Price Target?</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $270.0 to $905.0 for ServiceNow during the past quarter. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in ServiceNow's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to ServiceNow's substantial trades, within a strike price spectrum from $270.0 to $905.0 over the preceding 30 days.</p>
<h3>ServiceNow 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1742226337_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th align="right"><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>NOW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$58.6</td>
<td>$57.4</td>
<td>$58.6</td>
<td>$850.00</td>
<td>$310.5K</td>
<td align="right">161</td>
<td align="right">54</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$199.8</td>
<td>$189.5</td>
<td>$192.08</td>
<td>$700.00</td>
<td>$115.2K</td>
<td align="right">10</td>
<td align="right">6</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$193.7</td>
<td>$184.5</td>
<td>$187.5</td>
<td>$700.00</td>
<td>$112.5K</td>
<td align="right">10</td>
<td align="right">12</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$54.0</td>
<td>$52.1</td>
<td>$53.4</td>
<td>$860.00</td>
<td>$101.4K</td>
<td align="right">17</td>
<td align="right">19</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$156.9</td>
<td>$154.9</td>
<td>$154.9</td>
<td>$800.00</td>
<td>$77.4K</td>
<td align="right">197</td>
<td align="right">5</td>
</tr>
</tbody>
</table>
</p>
<h3>About ServiceNow</h3>
<p>ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.</p>
<p>In light of the recent options history for ServiceNow, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Current Position of ServiceNow</h3>
<ul>
<li>Currently trading with a volume of 466,022, the NOW's price is down by -0.45%, now at $840.5. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 37 days.</li>
</ul>
<h3>Professional Analyst Ratings for ServiceNow</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $1144.6.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage"><strong>Click here for access</strong></a>.<br />
&#x2A; In a cautious move, an analyst from Citizens Capital Markets downgraded its rating to Market Outperform, setting a price target of $1300.<br />
&#x2A; In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Overweight, setting a price target of $1048.<br />
&#x2A; An analyst from UBS has decided to maintain their Buy rating on ServiceNow, which currently sits at a price target of $1000.<br />
&#x2A; Consistent in their evaluation, an analyst from Canaccord Genuity keeps a Buy rating on ServiceNow with a target price of $1275.<br />
&#x2A; An analyst from Mizuho has decided to maintain their Outperform rating on ServiceNow, which currently sits at a price target of $1100. </p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for ServiceNow with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.</p>


Market Whales and Their Recent Bets on NOW Options

Contracts

Insurance

Press Releases

DXC and ServiceNow to Drive AI-powered Innovation for the Insurance Industry

ServiceNow Named a Leader in Software Asset Management Solutions by Independent Research Firm

Mutual Funds

DoorDash, TKO Group Holdings, Williams-Sonoma and Expand Energy Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

ServiceNow to Extend Leading Agentic AI to Every Employee for Every Corner of the Business With Acquisition of Moveworks

ServiceNow Yokohama Release Empowers Businesses to Navigate Complexity With Enhanced Automation, Stronger Governance, and Seamless Workflow Intelligence

ServiceNow's Latest Platform Release Adds to Thousands of AI Agents Across CRM, HR, IT, and More for Faster, Smarter Workflows and Maximum Business Impact

Comments

ServiceNow

Unusual Options Activity for

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
09:30 AMFeb 20, 2025	PUT	$1140.00	Jan 16, 2026	280	0	50	0	74	TRADE	BEARISH
11:05 AMFeb 18, 2025	PUT	$1020.00	Mar 21, 2025	-21	270	104	16	1736	TRADE	BULLISH
03:38 PMFeb 14, 2025	PUT	$1020.00	Mar 21, 2025	-21	316	205	26	1220	TRADE	BEARISH
03:35 PMFeb 13, 2025	PUT	$920.00	Mar 20, 2026	343	3	78	Infinity	0	SWEEP	BULLISH
12:15 PMFeb 13, 2025	PUT	$960.00	Jan 15, 2027	644	50	50	1667	3	TRADE	BULLISH