ServiceNow (NOW) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.00
- Estimate
- $1.02
- Surprise
- -2.3%
- Revenue (period 2026-09-30)
- $4.11B
- Score at report (before → after)
- 5.2 → 5.2/10
Revenue source: xbrl.
How the report landed
ServiceNow (NOW) missed the $1.02 estimate with adjusted EPS of $1.00 — a modest 2.3% shortfall. TrendMatrix's engine moved from Hold (5.2/10) to Sell at 5.2/10 after the report.
Coverage in the report window
- Why Is ServiceNow Stock Sinking Thursday? — benzinga, 2026-10-29
Where TrendMatrix's rating stands now
TrendMatrix currently rates NOW Sell at 5.2/10.
2 of the last 4 quarters beat the estimate; this quarter's -2.3% surprise compares with a +1.8% four-quarter average.
What supports the rating
- Wide economic moat
What argues against it
- Analyst target reached - limited upside remaining
- Sector modifier (Technology): -0.8
- Expensive valuation
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $150.13
- Stop
- $139.62
The stock trades at 93.8× trailing but 30.0× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 2.3× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
NOW at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Application
- Market cap
- $155.21B
- P/E (fwd)
- 30.0
- P/E (ttm)
- 93.8
- 52-week range
- $81.24–$192.97
- Off 52-week high
- 22.2%
- RSI (14)
- 61
- Volume vs avg
- 2.29×
- Score today
- 5.2/10