ServiceNow Ranks 87th in Trading Volume with $10.96 Billion, Analysts Bullish on AI Growth

On July 18, 2025, ServiceNow (NOW) saw a trading volume of $10.96 billion, ranking 87th in the day's stock market activity. The stock price increased by 0.44%.

Analysts at Cantor Fitzgerald have raised their price target for ServiceNow to $1,200, citing accelerating business trends and de-risked management assumptions. This move follows a strong Q2 setup and sustained momentum in enterprise AI spending. Additionally, Bank of America has increased its price target for ServiceNow to $1,110, emphasizing the company's strong market position and AI initiatives. The average 12-month price target for ServiceNow stands at $1,049.14, with a high estimate of $1,300.00.

ServiceNow's upcoming Q2 earnings report is expected to show quarterly earnings of $3.54 per share, reflecting a 13.1% increase. The company's Q2 2025 guidance indicates 19-19.5% revenue growth and a 13% increase in earnings per share. Analysts have upgraded their targets to $1,200 due to strong Q1 performance and 48% free cash flow.

ServiceNow's Hyderabad center aims to scale AI-driven development for global markets, reinforcing the company's innovation pipeline and growth outlook. However, the company's proposed acquisition of Moveworks is facing an in-depth antitrust review, which could potentially delay the deal and increase regulatory risk. Additionally, Representative John McGuire sold between $1,000 and $15,000 of ServiceNow shares, which could be seen as a signal from an insider.