StoneX Raises ServiceNow (NOW) Price Target to $165

By TradeTexts Research Desk Oct 19, 2026, 11:15 AM EDT

Key Points

StoneX reaffirmed its Buy rating on ServiceNow, Inc. on October 19, 2026, lifting its price target from $130.00 to $165.00.
StoneX's $165 price target implies 14.42% upside from ServiceNow, Inc.'s ($NOW) current $144.21 share price.
ServiceNow recently traded around $144.21, sitting below the new $165.00 price target set by StoneX.
The company's next earnings report is scheduled for October 28, 2026.

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On October 19, 2026, StoneX maintained its Buy rating on ServiceNow, Inc. (NYSE:NOW) while raising its price target to $165.00 from $130.00. The research note outlines the firm's forward-looking optimism for the software provider as shares trade below the newly revised target.

NOW ServiceNow, Inc.

$141.97 -3.72% year to date

Daily close · Oct 16, 2026

StoneX's Call on ServiceNow

In its research note issued on October 19, 2026, StoneX kept a Buy rating on ServiceNow while boosting its price target to $165.00. The prior price target sat at $130.00. This update follows a series of target adjustments from other Wall Street firms covering the cloud workflow platform.

ServiceNow, Inc. Stock Up 3.0%

ServiceNow shares recently traded around $144.21 on October 19, 2026, after closing at $143.60 on the day of the rating change. The stock trades well above its 200-day moving average of $115.13 and remains below its 52-week high of $192.97.

12-month forecast

$NOW price target

ServiceNow, Inc. daily closes and this analyst's $165 target. Not advice.

Recent Earnings

ServiceNow posted trailing-twelve-month revenue of $14.73 billion alongside an EPS of $1.72. The company reports its next quarterly financial results on October 28, 2026.

Insider Buying and Selling at ServiceNow, Inc.

Company insiders completed four sales prior to the analyst update, including transactions by Director Paul Edward Chamberlain and officers Jacqueline P Canney and Paul G. Fipps between August 13 and August 31, 2026.

Analysts Set New Price Targets

Wall Street firms have actively updated their views on ServiceNow ahead of the upcoming earnings release. On October 14, 2026, Citigroup maintained its Buy rating and raised its target from $154.00 to $170.00. Mizuho maintained an Outperform rating on October 15, 2026, lifting its target to $170.00 from $140.00. On the same day, TD Cowen maintained a Buy rating and increased its target to $165.00 from $140.00. Piper Sandler followed on October 16, 2026, maintaining an Overweight rating while moving its target from $140.00 to $175.00. Across the broader analyst community, ServiceNow carries a consensus Strong Buy rating and a mean price target of $151.47 based on 46 opinions.

About ServiceNow, Inc.

Based in Santa Clara, California, ServiceNow provides cloud-based digital workflow solutions for enterprises around the world. Its platform automates operations across IT service management, customer service, security, and asset management, helping organizations streamline complex business processes.

Bottom Line

StoneX's updated target highlights continued confidence from the firm as ServiceNow approaches its upcoming earnings report on October 28, 2026. Investors will watch whether quarterly results align with expectations and narrow the gap toward the $165 target.