ServiceNow Price Target Cut to $185 by BTIG as FY26 Revenue Growth Guidance Draws Scrutiny

2 weeks ago 6

David Moadel

Tue, April 7, 2026 astatine 9:06 AM CDT 4 min read

BTIG expert chopped its ServiceNow (NOW) terms people to $185 from $200 portion maintaining a Buy rating, citing constricted integrated upside successful FY26 subscription guidance and skepticism implicit FY27-FY28 maturation consensus—signaling that near-term outperformance depends connected Now Assist token acceleration and M&A contributions alternatively than basal concern momentum.
ServiceNow faces a recalibration of maturation expectations crossed Wall Street with Goldman Sachs and Stifel besides trimming targets, yet statement remains constructively bullish astatine $185.04 crossed 43 analysts, suggesting the stock’s 33% year-to-date diminution has compressed valuation capable to make a risk-reward for semipermanent investors betting connected AI depletion and acquisition integration success.
If you're focused connected picking the close stocks and ETFs you whitethorn beryllium missing the bigger picture: status income. That is precisely what The Definitive Guide to Retirement Income was created to solve, and it's escaped today. Read much here

ServiceNow (NYSE:NOW) banal is drafting caller expert scrutiny successful aboriginal April, with BTIG expert Allan Verkhovski cutting his terms people to $185 from $200 portion keeping a Buy standing connected the shares. The FY26 subscription gross maturation guidance offers constricted upside and appears aggressive, with outperformance much apt to hinge connected Now Assist Packs and M&A enactment alternatively than integrated momentum. ServiceNow shares person declined 33% year-to-date, trading adjacent $102 currently.

The terms people chopped arrives arsenic aggregate Wall Street firms reassess their outlooks. Goldman Sachs (NYSE:GS) trimmed its people to $188 from $216, and Stifel (NYSE:SF) chopped to $135 from $180, citing "somewhat lackluster" Q1 transmission checks and a "very weak" U.S. national spending environment. That said, the statement expert people crossed 43 analysts sits astatine $185.04, with 43 Buy ratings versus conscionable 3 Holds and 1 Sell.

Ticker

Company

Firm

Action

Old Rating

New Rating

Old Target

New Target

NOW	ServiceNow	BTIG	Price Target Cut	Buy	Buy	$200	$185

BTIG's halfway interest isn't the existent concern show but alternatively what comes next. BTIG believes statement FY27 and FY28 subscription gross maturation estimates are excessively high, suggesting the marketplace hasn't afloat priced successful a deceleration beyond FY26. Any near-term upside astonishment would apt necessitate Now Assist token depletion to accelerate meaningfully oregon pending acquisitions similar Armis and Veza to lend faster than expected.

If you're focused connected picking the close stocks and ETFs you whitethorn beryllium missing the bigger picture: retirement income. That is precisely what The Definitive Guide to Retirement Income was created to solve, and it's escaped today. Read much here

Read Entire Article