ServiceNow stock gains after Cantor Fitzgerald lifts target

Published on 09/22/2026 at 02:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cantor Fitzgerald raised ServiceNow stock to $174 from $141 on September 21, 2026. Second-quarter revenue was $3.99 billion, up 24.0 percent year over year.

SVN, IS0000033066, Illustration mit AI erstellt.

ServiceNow stock (ISIN IS0000033066) rose after Cantor Fitzgerald lifted its price target to USD 174 from USD 141 on September 21, 2026. The move came alongside a view that the software group benefits from stronger AI demand, according to Investing.com.

Quarterly numbers stay solid

For the second quarter of 2026, ServiceNow reported revenue of USD 3.99 billion, up 24.0 percent year over year, and earnings per share of USD 0.90, ahead of the consensus estimate of USD 0.86, according to MarketBeat.

Subscription revenue reached USD 3.88 billion in the same quarter, while ServiceNow raised its 2026 subscription revenue midpoint to USD 15.77 billion, equal to 21 percent constant-currency growth, as Yahoo Finance reported on September 21, 2026.

Market cap near USD 142 billion

On September 21, 2026, ServiceNow traded at USD 137.68, up 1.63 percent or USD 2.21, with a market capitalization of about USD 142.43 billion, a 52-week range of USD 81.24 to USD 194.73 and volume of 8.79 million shares, according to MarketBeat.

That leaves the stock well below the 52-week high of USD 194.73 and still above the 52-week low of USD 81.24, so the next question for investors is whether the new target at USD 174 can close that gap.

Price still below target

ServiceNow stock traded at USD 137.68 on September 21, 2026, on the NYSE. The shares remained below Cantor Fitzgerald's new USD 174 target, and the implied gap was roughly 26.4 percent.