ServiceNow, Inc. (NOW): Needham Maintains a Buy Rating

NodeGuardian · 2026-02-23T06:10:22+00:00

Needham reiterates a "Buy" rating for ServiceNow, targeting $155, citing strong growth from Pro Plus modules and Now Assist customer adoption, despite Truist's recent price cut due to sector declines.

NodeGuardian

2026-02-23 06:10:22

Abstract generation in progress

Needham has maintained a “Buy” rating on ServiceNow, Inc. (NOW) with a price objective of $155.00, citing robust growth driven by healthy customer adoption of its Pro Plus modules, particularly Now Assist capabilities. The analyst highlighted the strong momentum in operating metrics and noted that the annual contract value for Now Assist exceeded $600 million. This positive outlook comes despite Truist recently reducing its price objective for ServiceNow, attributed to broader sectoral declines.

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