ServiceNow stock gains a higher 174 USD price target
📉 ServiceNow stock closed at $137.00 on September 22, 2026, down 0.49% for the session.
🚀 Cantor Fitzgerald analyst Thomas Blakey raised the price target to $174 from $141, a 23.4% increase.
📊 The analyst upgrade maintains an overweight rating on ServiceNow shares.
📈 Zacks reports an average analyst price target of $149 based on forecasts from 44 analysts.
💰 ServiceNow's market capitalization is reported at $141.64 billion as of September 23, 2026.
📉 The stock trades below its 52-week high of $269.11 and above the low of $81.24.
🤝 Broad analyst consensus from 46 firms shows a stable average recommendation of 1.35.
Bullish Signals
- Cantor Fitzgerald analyst Thomas Blakey raised the price target for ServiceNow to $174 from $141, representing a significant 23.4% increase in valuation expectation.
- The analyst upgrade maintains an overweight rating on ServiceNow shares, signaling continued confidence in the company's long-term prospects despite recent market volatility.
Risk Factors
- ServiceNow stock closed down 0.49% at $137.00 on September 22, 2026, trading below the upgraded Cantor Fitzgerald target and the broader analyst consensus average.
- The wide dispersion in analyst price targets, ranging from $72.00 to $248.00, indicates significant disagreement among Wall Street firms regarding the company's immediate fair value.
Full Analysis
ServiceNow Inc. (NASDAQ: NOW) saw its stock price close at $137.00 on the NYSE on September 22, 2026, marking a slight decline of 0.49% for the session. The company operates within the information technology and IT services sector with a reported market capitalization of approximately $141.64 billion as of September 23, 2026.
Analyst sentiment regarding ServiceNow remains mixed but shows notable bullish activity from specific firms. Cantor Fitzgerald analyst Thomas Blakey raised his price target for the stock to $174.00 from a previous level of $141.00, representing an increase of $33 or 23.4%. Blakey maintained an overweight rating on the shares despite the recent market dip.
Broader analyst consensus data indicates a wider valuation range for ServiceNow compared to Cantor's specific outlook. Zacks and other aggregators reported an average price target of $149.00 based on forecasts from 44 analysts, with individual targets ranging significantly from $72.00 to $248.00. The average consensus target sits roughly 8.2% above the recent closing price.
The stock currently trades below its 52-week high of $269.11 but remains above the low end of its trading range at $81.24. While the broad average recommendation from 46 firms remains stable at 1.35, Cantor Fitzgerald's individual upgrade highlights a divergence in valuation expectations among Wall Street analysts covering the IT services giant.
