24/7 Wall St. rated ServiceNow (NYSE:NOW) as a "Buy" based on its proprietary model, setting a target price of $249.84, which implies an upside of approximately 101% over the next 12 months. The firm's confidence level in this forecast is as high as 90%, primarily due to the accelerated monetization of ServiceNow's AI business, the resilient growth of its subscription business, and a valuation reset. ServiceNow's revenue for Q2 FY2026 (announced on July 22) increased by 24% year-over-year to $3.99 billion, with non-GAAP EPS of $0.90 exceeding expectations. Its AI Annual Contract Value (ACV) surpassed $1 billion, and management raised its full-year subscription revenue guidance to $15.77 billion.