What to Expect From ServiceNow’s Q1 Results?
<p>RBC Capital analysts shared their outlook on <a href='https://financialmodelingprep.com/financial-summary/NOW'>ServiceNow, Inc. (NYSE:NOW) </a>ahead of the company’s Q1 results, expecting solid Q1/22 results as they continue to like the opportunity around accelerating digital workflows and the potential for upside to Street estimates and guidance.</p>
<p>The analysts look for 2021 momentum to carry over into 2022 as they see the company's digital transformation trends as durable, even in an uncertain macro environment and given increased FX headwinds.</p>
<p>The analysts noted that their partner checks were favorable and point to momentum with large transformational projects and a strong pipeline. The analyst lowered their price target on the company’s shares to $660 from $700 on peer multiple compression, while maintaining their outperform rating.</p>

NYSE:NOW