Here’s Why ServiceNow Inc (NOW) is a Buy and High Growth Large Cap Stock to Invest In
Key takeaways
- Here’s Why Service Now Inc (NOW) is a Buy and High Growth Large Cap Stock to Invest In Abdul Rahman Sun, June 21, 2026 at 1:50 AM GMT+7 2 min read NOW Service Now Inc.
- The company has already provided a solid long-term operating guidance that affirms expected topline revenue growth.
- The guidance includes integration costs the company has incurred following recent acquisitions.
Here’s Why Service Now Inc (NOW) is a Buy and High Growth Large Cap Stock to Invest In Abdul Rahman Sun, June 21, 2026 at 1:50 AM GMT+7 2 min read NOW Service Now Inc. (NYSE:NOW) is one of the high-growth large-cap stocks to invest in now. On June 15, Benchmark reiterated its Buy rating on Service Now Inc. (NYSE:NOW) and raised the price target to $130 from $125, implying significant upside potential. The price target hike and bullish stance underscore the research firm’s confidence in the company’s operating model in the software-as-a-service sector.
The company has already provided a solid long-term operating guidance that affirms expected topline revenue growth. Revenue is expected to grow at a compound annual growth rate of 19.4% between 2026 and 2030, ranging from $30 billion to $32 billion. On the other hand, operating leverage is expected to expand by 100 basis points starting in 2027.
The guidance includes integration costs the company has incurred following recent acquisitions. Additionally, Benchmark expects ServiceNow to attain its long-term targets, including organic revenue growth from Agentic AI cybersecurity data and workflows.