ServiceNow Stock Ranks 36th in Trading Volume with $1.622 Billion on April 11 2025

On April 11, 2025, ServiceNow (NOW) saw a trading volume of $1.622 billion, ranking 36th in the day's market activity. The stock closed with a 0.28% increase.

ServiceNow's stock has experienced volatility in recent weeks, with a notable decline of 6% over the past week. This drop was part of a broader market downturn, reflecting a general pessimistic sentiment among investors.

On Thursday, ServiceNow's stock, along with many others, saw significant drops due to a combination of negative news and overall market sentiment. The stock reached an intraday low of $761.08 before recovering slightly to $774.70.

Analysts have been closely monitoring ServiceNow, with several recent reports adjusting their target prices. Jefferies Financial Group, for instance, lowered their target price from $1,300.00 to a new figure, reflecting the current market conditions.

Despite the recent volatility, many investors view ServiceNow as undervalued, with the stock price near its support level. This has led to speculation that the stock may rebound as investors look for buying opportunities.

According to a consensus of 29 analysts, the average rating for ServiceNow stock is "Buy," with a 12-month price forecast of $1,081.00, indicating a potential 40.05% increase from current levels. This positive outlook suggests that despite short-term fluctuations, the long-term prospects for ServiceNow remain strong.