These Analysts Revise Their Forecasts On ServiceNow After Q2 Results

ServiceNow, Inc. (NYSE:NOW) posted better-than-expected second-quarter financial results on Wednesday.

ServiceNow reported second-quarter revenue of approximately $3.22 billion, beating the consensus estimate of $3.12 billion, according to Benzinga Pro. The company reported second-quarter adjusted earnings of $4.09 per share, beating analyst estimates of $3.57 per share.

"Our beat-and-raise quarter showcases the mission-critical nature of the ServiceNow AI Platform. Every business process in every industry is being refactored for agentic AI," said Bill McDermott, chairman and CEO of ServiceNow.

ServiceNow expects third-quarter subscription revenue of $3.26 billion to $3.265 billion. The company also increased its full-year subscription revenue outlook to $12.775 billion to $12.795 billion, up from prior guidance of $12.64 billion to $12.68 billion.

ServiceNow shares gained 3.7% to trade at $991.49 on Thursday.

These analysts made changes to ...