Valuation models
price $105.12 · as of Nov 2, 2026
DCF · Perpetuity growth · 5yused38.55 – 52.9044.51136% overvaluedDCF · Perpetuity growth · 10y50.32 – 70.2858.6079% overvaluedDCF · EBITDA exit · 5y73.92 – 80.2477.0037% overvaluedDCF · EBITDA exit · 10y86.02 – 100.5292.9213% overvaluedP/E · peers55.59 – 98.1557.0584% overvaluedP/E · own history153.81 – 593.32236.0155% undervaluedPEG—99.156% overvaluedEV/EBITDA · peers115.39 – 198.64125.1816% undervaluedEV/Revenue · peers67.06 – 77.4370.4849% overvaluedWall St. consensus target—165.0036% belowCost of capital (WACC)—8.94%—
DCF · Perpetuity growth · 5y leads for a software company — positive operating income and three years of positive free cash flow. How the headline model is chosen.
Model value · DCF · Perpetuity growth · 5y
44.51
ServiceNow closed at $105.12 — overvalued by 136% vs model.
38.55the model's range52.90
DCF · Perpetuity growth · 5y leads for a software company — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.
Other models
57.05 – 236.01
Wall St. target
165.00 36% below
Above model, 1y
32 of 32 days
How it is valued
Valued asSoftware
High revenue growth (~22% recent)Moderate margins (13% net margin)Highly cyclical earnings
Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.