Prediction: This AI Stock Could Double in 12 Months

NOW's AI ACV crossed $1 billion with agentic deployments surging 9x in nine months, powering 24% revenue growth and our $249.84 BUY target. NOW grows subscriptions at 21%, nearly double CRM's guided rate and well above WDAY, while trading at a forward P/E of just 30. Bill McDermott called cybersecurity a '10-figure business' growing faster than any top-10 peer, giving NOW a second high-velocity engine beyond AI.

The most widely read finance newsletter on Substack isn't published by a bank, it's Doomberg, where 383,000+ readers get the energy and macro analysis the mainstream press misses. 24/7 Wall St. readers save 17% on their first year here. ServiceNow (NYSE:NOW) has recovered from a brutal drawdown, and the market is still missing the story. Our proprietary model points to meaningful upside, and the setup is one of the most attractive in enterprise software right now.

Our 24/7 Wall St. price target for ServiceNow is $249.84, implying roughly 101% upside over the next 12 months. Confidence is high at 90%, driven by accelerating AI monetization, a resilient subscription engine, and a valuation reset well below prior peaks. The model rates NOW a buy.

NOW is down 19.05% year to date and 27.13% over the past year, sitting 28% below its 52-week high of $194.73. Shares are up 18.4% in the past month as fundamentals reasserted themselves. Q2 FY26, reported July 22, 2026, was the catalyst.

Revenue climbed 24% year over year to $3.99 billion, non-GAAP EPS of $0.90 beat estimates by 5.09%, and cRPO reached $13.20 billion. ServiceNow AI crossed $1 billion in ACV, with agentic deployments up 9x in nine months. Management raised full-year subscription revenue guidance to $15.77 billion.

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