ServiceNow Files Prospectus for Share Resale Post-Acquisition

ServiceNow ( (NOW) ) just unveiled an announcement.

On May 30, 2025, ServiceNow, Inc. filed a prospectus supplement with the SEC related to the resale of shares by certain stockholders. These shares were acquired through ServiceNow’s acquisition of Logik.io Inc., indicating a strategic move to integrate and expand its technological capabilities.

The most recent analyst rating on (NOW) stock is a Hold with a $960.00 price target. To see the full list of analyst forecasts on ServiceNow stock, see the NOW Stock Forecast page.

Spark’s Take on NOW Stock

According to Spark, TipRanks’ AI Analyst, NOW is a Outperform.

ServiceNow showcases strong financial performance with remarkable revenue and cash flow growth. The technical indicators suggest a positive trend, although the high valuation poses a risk. The earnings call highlights robust growth prospects with a strategic AI focus, while the Moveworks acquisition further positions the company for future innovation and market expansion. Despite macroeconomic uncertainties, the company remains fundamentally sound and well-positioned for continued success.

To see Spark’s full report on NOW stock, click here.

More about ServiceNow

ServiceNow, Inc. operates in the technology industry, focusing on providing enterprise cloud computing solutions to automate various business processes. The company is known for its software-as-a-service (SaaS) platform that helps organizations manage digital workflows for enterprise operations.

Average Trading Volume: 1,929,759

Technical Sentiment Signal: Strong Buy

Current Market Cap: $211.4B

Find detailed analytics on NOW stock on TipRanks’ Stock Analysis page.