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ServiceNow (NOW, Systems Software) Stock Valuation & Fair Value Trading above fair value

ServiceNow (NOW, Systems Software) trades at a blended P/E of 33.5, about 62% below its historical normal valuation, with a forward growth estimate of 20.7% and a PEG of 1.62. Analysts' one-year estimates have been hit 45% of the time.

DATA AS OF 2026-08-21
Blended P/E
33.5
Normal P/E
88.2
PEG
1.62
Fwd growth
20.7%
Div yield
0.0%
RSI (14)
55.4
Neutral

The Street vs SeerForecast

Wall Street's mean price target for NOW is $140.58 across 46 analysts, 9.4% above the current price. The average analyst rating is Strong Buy. Our SeerForecast read of the same stock, formed without analyst targets: trading above fair value. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from fairly valued (2026-06-03) to trading above fair value (2026-08-21).

Price and rating by weekClose moved +5.2 percent from 2026-06-03 to 2026-08-17, with 4 rating changes over 21 recorded weeks.2026-06-03: Fairly valued, close 117.90 (recalculated)2026-06-10: Fairly valued, close 106.06 (recalculated)2026-06-14: Fairly valued, close 102.15 (recalculated)2026-06-16: Fairly valued, close 101.33 (recalculated)2026-06-21: Fairly valued, close 95.04 (recalculated)2026-07-02: Fairly valued, close 106.32 (recalculated)2026-07-06: Fairly valued, close 107.93 (recalculated)2026-07-09: Fairly valued, close 108.84 (recalculated)2026-07-12: Fairly valued, close 107.71 (recalculated)2026-07-13: Fairly valued, close 111.26 (recalculated)2026-07-14: Fairly valued, close 104.85 (recalculated)2026-07-20: Fairly valued, close 104.70 (recalculated)2026-07-22: Fairly valued, close 95.46 (recalculated)2026-07-25: Quality business with a solid forward outlook, close 98.78 (recalculated)2026-07-27: Quality business with a solid forward outlook, close 105.56 (recalculated)2026-07-31: Fairly valued, close 111.23 (recalculated)2026-08-03: Fairly valued, close 111.232026-08-07: Fairly valued, close 124.88 (recalculated)2026-08-10: Trading above fair value, close 124.882026-08-14: Trading above fair value, close 124.00 (recalculated)2026-08-17: Fairly valued, close 124.001181242026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 28.8-67%Fairly valued
2026-06-10P/E 29.7-66%Fairly valued
2026-06-14P/E 29.7-66%Fairly valued
2026-06-16P/E 29.7-66%Fairly valued
2026-06-21P/E 29.7-66%Fairly valued
2026-07-02P/E 27.6-69%Fairly valued
2026-07-06P/E 27.7-69%Fairly valued
2026-07-09P/E 27.7-69%Fairly valued
2026-07-12P/E 28.0-68%Fairly valued
2026-07-13P/E 28.0-68%Fairly valued
2026-07-14P/E 28.0-68%Fairly valued
2026-07-20P/E 26.8-70%Fairly valued
2026-07-22P/E 26.8-70%Fairly valued
2026-07-25P/E 25.8-71%Quality business with a solid forward outlook
2026-07-27P/E 25.8-71%Quality business with a solid forward outlook
2026-07-31P/E 28.7-67%Fairly valued
2026-08-03P/E 29.0-67%Fairly valued
2026-08-07P/E 30.5-65%Fairly valued
2026-08-10P/E 32.5-63%Trading above fair value
2026-08-14P/E 33.0-63%Trading above fair value
2026-08-17P/E 32.1-64%Fairly valued
2026-08-21P/E 33.5-62%Trading above fair value ← now

Frequently asked questions

Is ServiceNow stock overvalued?

At a blended P/E of 33.5 versus its historical normal P/E of 88.2, ServiceNow trades about 62% below its typical valuation, with a PEG of 1.62 on 20.7% forward growth. tickerseer currently rates it trading above fair value.

What is ServiceNow's fair value and PEG?

ServiceNow trades at a blended P/E of 33.5 against a historical normal P/E of 88.2, a PEG of 1.62, and a forward growth estimate of 20.7%.

Has tickerseer's rating of ServiceNow changed?

tickerseer's rating moved from fairly valued (2026-06-03) to trading above fair value (2026-08-21).

What is the analyst price target for ServiceNow?

The mean Wall Street price target for ServiceNow is $140.58 across 46 analysts, 9.4% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Systems Software. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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