Oppenheimer Raises ServiceNow Target to $140

Oppenheimer has increased its price target for ServiceNow to $140. The analyst team noted that the company's AI‑focused strategy enhances its long‑term growth potential. The upgrade is based on the belief that ServiceNow’s investments in AI integration will strengthen the platform’s competitive advantage. Oppenheimer argued that AI‑based services will diversify revenue streams and expand the customer base. The new target is viewed as a step above previous forecasts and could create significant upside in the company’s market valuation. For investors, this development offers an opportunity to reassess the impact of the firm’s technology‑driven growth strategy on its financial performance. This is not investment advice.