ServiceNow, Inc. saw its share price at $996.18 on July 24th, with trailing and forward P/E ratios of 125.31 and 59.88 respectively. AI is a big part of Meta’s ad business. NOW reported a strong Q2 2025, with revenue up 22% YoY to $3.22 billion, driven by AI demand.

Adjusted EPS for ServiceNow climbed 30% to $4.09, beating expectations by 14%. Operating margin expanded to 29.5%, while free cash flow margin improved to 16.5%. CRPO was up 24% to $10.92 billion. NOW raised its full-year subscription revenue guidance and projected Q3 revenue.

Analysts are optimistic about ServiceNow’s growth and efficiency in scaling deployments. Despite premium valuation, accelerating growth, expanding margins, and AI-driven operational leverage are seen as key strengths. Penny Insight previously shared a bullish thesis on NOW, which has seen the stock appreciate 31.30% since coverage.

Read more at Yahoo Finance: ServiceNow, Inc. (NOW): A Bull Case Theory