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NOWServiceNow Inc.

What Is NOW Fair Value?

ServiceNow Inc. (NOW) fair value estimate using multiple valuation models, updated daily.

As of August 1, 2026, ServiceNow Inc. (NOW) has a composite fair value estimate of $139.99 based on four valuation models: DCF (41% weight), Graham Number (29% weight), PEG (29% weight), and DDM (0% weight). The current market price is $111.23, suggesting the stock is undervalued by 25.9%.

Data as of August 1, 2026 (today)

Composite Fair Value

Undervalued3 of 4 models

$139.99

vs. current price of $111.23(+25.9%)

Undervalued$139.99Overvalued
$111.23

How Is NOW Fair Value Calculated?

Four independent models estimate what NOW is worth. Each uses different inputs and assumptions. The composite blends them by weight.

NOW Intrinsic Value

Forward-looking models based on future cash flows

DCF (Discounted Cash Flow)

41% weight

Estimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →

$220.66

+98.4%

Undervalued

Inputs used

FCF: 5.1BGrowth: 19.5%Discount: 9%

DDM (Dividend Discount Model)

0% weight

If a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →

N/A

This stock does not pay a dividend, so the DDM cannot be applied. The composite adjusts by redistributing this weight to the other models.

NOW Fair Value

Current fundamentals: earnings, assets, and growth rate

Graham Number (Value Investing)

29% weight

Created by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →

$33.29

-70.1%

Overvalued

Inputs used

EPS: $4.07Book Value: $12.11

PEG (Price/Earnings to Growth)

29% weight

Checks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.

$79.24

-28.8%

Overvalued

Inputs used

EPS: $4.07Growth: 19.5%

What If You Change the Assumptions?

Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.

Your DCF Fair Value

$220.66Undervalued

Current price $111.23 is 98.4% below this estimate

CheapFair ValueExpensive
19.5%
0.0%30.0%
9.4%
6.0%15.0%
2.5%
1.0%4.0%
15.0%
0.0%50.0%
View 10-year cash flow projections
YearProjected FCF (Free Cash Flow)Present Value
Year 1$6.15B$5.63B
Year 2$7.35B$6.14B
Year 3$8.78B$6.71B
Year 4$10.49B$7.33B
Year 5$12.54B$8.01B
Year 6$14.98B$8.75B
Year 7$17.90B$9.56B
Year 8$21.39B$10.44B
Year 9$25.55B$11.41B
Year 10$30.53B$12.46B
Terminal Value$455.11B$185.74B

What Are NOW's Key Financial Metrics?

Earnings & Growth

Current Price

$111.23

EPS (TTM)

$1.60

Forward P/E

22.2

Profit Margin

11.3%

Cash & Balance Sheet

Free Cash Flow

5.1B

EBITDA

2.9B

Book Value

$12.11

Total Debt

8.5B

What Do Analysts Say About NOW?

Low

$72.00

Average

$140.25

High

$248.00

Upside

+26.1%

Current $111.23Avg Target $140.25Strong Buy46 analysts

NOW Fair Value FAQ

What is the fair value of NOW?

Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), NOW's estimated fair value is $139.99. The stock is currently trading at $111.23, which makes it undervalued by our analysis.

How is NOW's fair value calculated?

We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.

Is NOW overvalued or undervalued?

Based on our analysis, NOW is undervalued. The current price of $111.23 is 25.9% below our estimated fair value of $139.99.

What do Wall Street analysts say about NOW?

46 analysts cover ServiceNow Inc. with a consensus rating of "Strong Buy." The average price target is $140.25, ranging from $72.00 to $248.00. This implies 26.1% upside from the current price.