With a market cap of $209.4 billion, ServiceNow, Inc. (NOW) delivers cloud-based digital workflow solutions through its AI-driven Now Platform. This platform integrates machine learning, robotic process automation, process mining, analytics, and low-code/no-code development tools to support a wide range of enterprise needs. 

The Santa Clara, California-based company is slated to announce its fiscal Q2 2025 earnings results after the market closes on Wednesday, Jul. 23. Ahead of this event, analysts expect ServiceNow to report a profit of $1.70 per share, a 21.4% rise from $1.40 per share in the year-ago quarter. It has exceeded Wall Street's earnings expectations in the past four quarters. 

For the current year, analysts expect NOW to report EPS of $9.19, an increase of 27.6% from $7.20 in fiscal 2024.

Shares of ServiceNow have climbed 27.2% over the past 52 weeks, surpassing the broader S&P 500 Index's ($SPX) 13% rise and the Technology Select Sector SPDR Fund's (XLK) 10.7% drop over the same period.

On Apr. 23, NOW delivered strong Q1 results, and its shares jumped more than 13% in the following trading session. Its revenue grew 18.6% year-over-year to $3.09 billion, and adjusted EPS beat expectations at $4.04. Analysts anticipate continued momentum in Q2, projecting double-digit growth in earnings and revenue, supported by robust demand for its AI-driven workflow solutions and consistent track record of surpassing estimates. 

Analysts' consensus view on ServiceNow stock remains highly bullish, with a "Strong Buy" rating overall. Out of 41 analysts covering the stock, 34 recommend a "Strong Buy," three "Moderate Buys," three give a "Hold" rating, and one "Strong Sell." 

Its mean price target of $1,085.71 indicates an upswing of 7.5% from the current market prices.